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Mountainone Bank

North Adams, MA · Cert 90253 · Mountainone Financial MHC

SI · FDIC · 6 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B 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 $1B-$10B in assets (n=322 to 328). 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

87

Q2 2024Q2 2026peer median (50)

Asset Quality

25

Q2 2024Q2 2026peer median (50)

Profitability

38

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

21

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

Mountainone Bank

North Adams, MA · Cert 90253 · Mountainone Financial MHC

SI · FDIC · 1 affiliate bank · 6 branches (16 in holding)

Q2 2026

$1.1BAssets
$836.8MLoans
$774.3MDeposits
$170.9MEquity
Loan mix
90%RE $728.9M9%C&I $74.0M1%Consumer $9.8MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $629.1M19%Noninterest $145.2MQ2 2025Q2 2026

NIM

5.03%Q2 ’244.98%Q2 ’255.05%Q2 ’26+4%+7%

Non-interest income vs. expense

3.81%Q2 ’243.99%Q2 ’253.74%Q2 ’26-10%+4%

Market Position · Pittsfield, MA · 2026 SOD (annual) · 12.0% share · #5 of 9 inst. · $0.5B of $4.3B

12.0% Berkshire
0.8% Plymouth
0.2% Norfolk

Executive Summary

  • Earnings: ROA of 1.22%, up 13 bps year over year; NIM at 3.42%.
  • Asset quality: problem loans at 1.06% of loans (+74 bps YoY), with net charge-offs at 0.15%.
  • Capital: tier 1 leverage ratio of 14.75%, up 26 bps from a year ago.
  • Funding: loans stand at 108.07% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.22%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.42%+21 bps YoY

Efficiency Ratio (YTD, annualized)

66.99%-326 bps YoY

Tier 1 Leverage Ratio

14.75%+26 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.09%1.14%1.17%1.08%1.22%+13 bps
Return on Equity7.05%7.36%7.51%6.86%7.73%+68 bps
Net Interest Margin3.20%3.24%3.30%3.47%3.42%+21 bps
Efficiency Ratio70.25%69.83%68.76%68.30%66.99%-326 bps
Non-Interest Burden1.56%1.60%1.62%1.75%1.62%+6 bps
Growth
Asset Growth (YoY)4.47%6.03%6.81%7.08%5.45%+98 bps
Loan Growth (YoY)3.89%10.64%7.36%8.16%7.87%+399 bps
Deposit Growth (YoY)1.97%4.03%2.73%4.74%-0.30%-227 bps
Asset Quality
Nonperforming Loans / Loans0.31%0.28%0.28%0.32%1.06%+74 bps
Net Charge-Offs / Loans0.22%0.12%0.10%0.18%0.15%-7 bps
Allowance / Loans1.05%1.03%1.04%1.05%1.03%-2 bps
Allowance Coverage of NPLs3.4x3.7x3.7x3.3x1.0x-2.4x
Capital
Tier 1 Leverage Ratio14.48%14.54%14.63%14.67%14.75%+26 bps
Total Risk-Based Capital17.85%17.66%17.68%17.57%17.80%-5 bps
Equity / Assets15.45%15.61%15.72%15.67%15.79%+33 bps
Liquidity & Funding
Loans / Deposits99.88%100.01%101.82%102.95%108.07%+819 bps
Liquid Assets / Assets1.16%1.11%1.29%1.07%1.11%-5 bps
CRE / Total Capitaln/a319%324%331%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

Mountainone Bank

North Adams, MA · Cert 90253 · Peer group: banks $1B-$10B in assets (n=322-328) · Mountainone Financial MHC

SI · FDIC · 1 affiliate bank · 6 branches (16 in holding)

Q2 2026

$1.1BAssets
$836.8MLoans
$774.3MDeposits
$170.9MEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 95% of banks $1B-$10B in assets (rank 16 of 328).
  • Widest gap: return on equity trails 82% of banks $1B-$10B in assets (rank 269 of 328).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.20%

Rank 172 of 328

Net Interest Margin

3.42%

Rank 172 of 328

Efficiency Ratio

68.35%

Rank 259 of 328

Equity / Assets

15.79%

Rank 16 of 328

Non-interest income vs. expense

$23.1M$40.6MINCOMEEXPENSE
Unfavorable gap of $17.6M · efficiency ratio beats 21% of banks $1B-$10B in assets
Bank 68.35%Peer median 59.6%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.20%0.91%1.22%1.52%Beats 48%172 / 328
Return on Equity7.59%8.43%11.45%14.43%Beats 18%269 / 328
Net Interest Margin3.42%3.03%3.45%3.83%Beats 48%172 / 328
Efficiency Ratio68.35%51.61%59.56%67.53%Beats 21%259 / 328
Asset Quality
Nonperforming Loans / Loans1.06%0.24%0.51%1.03%Beats 25%244 / 322
Net Charge-Offs / Loans0.12%0.01%0.03%0.10%Beats 24%246 / 322
Capital
Tier 1 Capital Ratio16.76%11.75%13.15%15.47%Beats 83%55 / 328
Total Risk-Based Capital Ratio17.80%12.63%14.15%16.46%Beats 83%55 / 328
Equity / Assets15.79%9.15%10.33%12.01%Beats 95%16 / 328
Liquidity & Funding
Loans / Deposits108.07%76.63%87.92%95.36%95th pctl17 / 323
Loans / Assets77.31%65.18%74.15%79.98%65th pctl114 / 328
Brokered Deposits / Depositsn/aNot reported for this institution