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Citizens Bank

Carthage, TN · Cert 893

State charter, non-member · FDIC · 7 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets (n=570 to 617). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

68

Q2 2024Q2 2026peer median (50)

Asset Quality

45

Q2 2024Q2 2026peer median (50)

Profitability

73

Q2 2024Q2 2026peer median (50)

Liquidity

57

Q2 2024Q2 2026peer median

Efficiency

99

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Citizens Bank

Carthage, TN · Cert 893

State charter, non-member · FDIC · 7 branches

Q2 2026

$832.5MAssets
$467.1MLoans
$716.0MDeposits
$111.8MEquity
Loan mix
84%RE $379.0M9%C&I $41.2M7%Consumer $29.9MQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $558.5M22%Noninterest $157.5MQ2 2025Q2 2026

NIM

4.85%Q2 ’245.08%Q2 ’255.22%Q2 ’26+18%+10%

Non-interest income vs. expense

1.00%Q2 ’241.03%Q2 ’251.03%Q2 ’26+8%-1%

Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2026 SOD (annual) · 0.4% share · #30 of 62 inst. · $0.4B of $107.8B

58.2% Smith
31.4% White
2.2% Putnam

Executive Summary

  • Earnings: ROA of 2.05%, up 28 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 0.62% of loans (+5 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 16.29%, up 14 bps from a year ago.
  • Funding: loans stand at 65.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.05%+28 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+32 bps YoY

Efficiency Ratio (YTD, annualized)

28.28%-278 bps YoY

Tier 1 Leverage Ratio

16.29%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.77%1.86%1.88%2.03%2.05%+28 bps
Return on Equity14.60%15.06%14.88%15.60%15.59%+99 bps
Net Interest Margin3.11%3.18%3.21%3.38%3.43%+32 bps
Efficiency Ratio31.06%30.16%34.03%28.32%28.28%-278 bps
Non-Interest Burden0.84%0.82%0.96%0.83%0.83%-1 bps
Growth
Asset Growth (YoY)1.53%3.72%5.73%4.58%4.02%+248 bps
Loan Growth (YoY)6.46%7.03%4.02%4.71%6.73%+27 bps
Deposit Growth (YoY)2.38%4.54%4.87%3.92%1.89%-49 bps
Asset Quality
Nonperforming Loans / Loans0.57%0.50%0.51%0.54%0.62%+5 bps
Net Charge-Offs / Loans0.03%0.01%0.03%0.01%0.01%-2 bps
Allowance / Loans1.18%1.18%1.20%1.23%1.23%+5 bps
Allowance Coverage of NPLs2.1x2.3x2.4x2.3x2.0x-0.1x
Capital
Tier 1 Leverage Ratio16.15%16.49%16.67%15.89%16.29%+14 bps
Total Risk-Based Capital16.15%16.49%16.67%15.89%16.29%+14 bps
Equity / Assets11.62%13.10%13.56%12.50%13.44%+181 bps
Liquidity & Funding
Loans / Deposits62.28%65.09%63.32%62.67%65.24%+296 bps
Liquid Assets / Assets3.75%1.89%3.41%3.93%1.55%-220 bps
CRE / Total Capitaln/a195.95%190.39%201%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Citizens Bank

Carthage, TN · Cert 893 · Peer group: banks under $1B in assets (n=570-617)

State charter, non-member · FDIC · 7 branches

Q2 2026

$832.5MAssets
$467.1MLoans
$716.0MDeposits
$111.8MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 99% of banks under $1B in assets (rank 8 of 617).
  • Widest gap: nonperforming loans / loans trails 57% of banks under $1B in assets (rank 324 of 570).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

2.05%

Rank 68 of 617

Net Interest Margin

3.43%

Rank 344 of 617

Efficiency Ratio

28.28%

Rank 8 of 617

Equity / Assets

13.44%

Rank 162 of 617

Non-interest income vs. expense

$1.7M$8.9MINCOMEEXPENSE
Unfavorable gap of $7.2M · efficiency ratio beats 99% of banks under $1B in assets
Bank 28.28%Peer median 67.8%Q1 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets2.05%0.60%1.01%1.45%Beats 89%68 / 617
Return on Equity15.28%5.30%9.43%13.30%Beats 85%92 / 617
Net Interest Margin3.43%3.04%3.54%4.05%Beats 44%344 / 617
Efficiency Ratio28.28%58.03%67.76%79.08%Beats 99%8 / 617
Asset Quality
Nonperforming Loans / Loans0.62%0.09%0.47%1.27%Beats 43%324 / 570
Net Charge-Offs / Loans0.01%n/a0.01%0.06%Beats 46%310 / 570
Capital
Tier 1 Capital Ratio16.29%11.18%13.83%18.55%Beats 66%211 / 617
Total Risk-Based Capital Ratio16.29%11.56%14.39%19.39%Beats 63%228 / 617
Equity / Assets13.44%9.03%10.55%13.63%Beats 74%162 / 617
Liquidity & Funding
Loans / Deposits65.24%64.77%79.70%93.06%26th pctl432 / 582
Loans / Assets56.11%51.70%67.18%77.51%30th pctl431 / 617
Brokered Deposits / Depositsn/aNot reported for this institution