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Seamens Bank

Provincetown, MA · Cert 90268

SI · FDIC · 5 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=581 to 629). 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

46

Q2 2024Q2 2026peer median (50)

Asset Quality

53

Q2 2024Q2 2026peer median (50)

Profitability

36

Q2 2024Q2 2026peer median (50)

Liquidity

59

Q2 2024Q2 2026peer median

Efficiency

23

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

Seamens Bank

Provincetown, MA · Cert 90268

SI · FDIC · 5 branches

Q2 2026

$478.5MAssets
$365.2MLoans
$405.4MDeposits
$58.5MEquity
Loan mix
99%RE $354.8M1%C&I $4.8M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $323.0M20%Noninterest $82.4MQ2 2025Q2 2026

NIM

4.71%Q2 ’245.02%Q2 ’255.09%Q2 ’26-1%+11%

Non-interest income vs. expense

3.11%Q2 ’243.13%Q2 ’253.17%Q2 ’26+2%+2%

Market Position · Barnstable Town, MA · 2026 SOD (annual) · 3.4% share · #9 of 11 inst. · $0.4B of $11.8B

Executive Summary

  • Earnings: ROA of 0.60%, up 23 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.76% of loans (+5 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 12.57%, up 46 bps from a year ago.
  • Funding: loans stand at 90.10% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.60%+23 bps YoY

Net Interest Margin (YTD, annualized)

3.77%+37 bps YoY

Efficiency Ratio (YTD, annualized)

80.62%-673 bps YoY

Tier 1 Leverage Ratio

12.57%+46 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.36%0.45%0.52%0.73%0.60%+23 bps
Return on Equity3.09%3.83%4.42%5.88%4.85%+176 bps
Net Interest Margin3.40%3.35%3.47%3.73%3.77%+37 bps
Efficiency Ratio87.35%84.10%81.80%76.05%80.62%-673 bps
Non-Interest Burden2.95%2.79%2.81%2.79%3.01%+6 bps
Growth
Asset Growth (YoY)6.31%2.38%-0.01%-0.70%2.24%-406 bps
Loan Growth (YoY)7.49%8.74%7.37%4.93%2.53%-496 bps
Deposit Growth (YoY)6.15%2.03%-0.92%-2.96%-1.51%-766 bps
Asset Quality
Nonperforming Loans / Loans0.71%0.40%0.38%0.34%0.76%+5 bps
Net Charge-Offs / Loans0.00%0.00%0.01%-0.02%-0.01%-1 bps
Allowance / Loans0.59%0.59%0.58%0.60%0.59%0 bps
Allowance Coverage of NPLs0.8x1.5x1.5x1.8x0.8x-0.1x
Capital
Tier 1 Leverage Ratio12.11%11.64%11.89%12.42%12.57%+46 bps
Total Risk-Based Capital12.11%11.64%11.89%12.42%12.57%+46 bps
Equity / Assets11.96%11.57%12.36%12.40%12.24%+27 bps
Liquidity & Funding
Loans / Deposits86.54%83.56%88.95%88.88%90.10%+355 bps
Liquid Assets / Assets3.65%6.91%2.05%2.84%3.20%-45 bps
CRE / Total Capitaln/a205%198.18%186.66%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

Seamens Bank

Provincetown, MA · Cert 90268 · Peer group: banks under $1B in assets (n=581-629)

SI · FDIC · 5 branches

Q2 2026

$478.5MAssets
$365.2MLoans
$405.4MDeposits
$58.5MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 69% of banks under $1B in assets (rank 182 of 581).
  • Widest gap: return on equity trails 78% of banks under $1B in assets (rank 490 of 629).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.59%

Rank 479 of 629

Net Interest Margin

3.77%

Rank 244 of 629

Efficiency Ratio

80.62%

Rank 486 of 629

Equity / Assets

12.24%

Rank 216 of 629

Non-interest income vs. expense

$0.8M$14.9MINCOMEEXPENSE
Unfavorable gap of $14.1M · efficiency ratio beats 23% of banks under $1B in assets
Bank 80.62%Peer median 67.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.59%0.60%1.01%1.45%Beats 24%479 / 629
Return on Equity4.82%5.38%9.30%13.28%Beats 22%490 / 629
Net Interest Margin3.77%3.03%3.54%4.05%Beats 61%244 / 629
Efficiency Ratio80.62%58.35%67.79%79.08%Beats 23%486 / 629
Asset Quality
Nonperforming Loans / Loans0.76%0.09%0.46%1.20%Beats 37%369 / 581
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 69%182 / 581
Capital
Tier 1 Capital Ratio12.57%11.24%13.84%18.77%Beats 39%383 / 629
Total Risk-Based Capital Ratio12.57%11.58%14.43%19.66%Beats 34%416 / 629
Equity / Assets12.24%9.09%10.65%13.80%Beats 66%216 / 629
Liquidity & Funding
Loans / Deposits90.10%67.24%80.90%93.48%69th pctl183 / 594
Loans / Assets76.33%53.31%67.71%78.15%70th pctl191 / 629
Brokered Deposits / Depositsn/aNot reported for this institution