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Battle Bank, National Association

Upsala, MN · Cert 9336 · Battle Financial Inc.

National charter · OCC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in MN3

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 in MN (n=111 to 113). 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

94

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

1

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

1

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

Battle Bank, National Association

Upsala, MN · Cert 9336 · Battle Financial Inc.

National charter · OCC · 1 branch

Q2 2026

$180.8MAssets
$12.4MLoans
$112.4MDeposits
$67.0MEquity
Loan mix
2%RE $0.1M40%C&I $2.0M58%Consumer $2.9MQ2 2025Q2 2026
Deposit mix
95%Interest-bearing $106.5M5%Noninterest $5.9MQ2 2025Q2 2026

NIM

4.59%Q2 ’245.44%Q2 ’253.18%Q2 ’26+33%-31%

Non-interest income vs. expense

1.29%Q2 ’241.45%Q2 ’2510.01%Q2 ’26+15%+571%

Executive Summary

  • Earnings: ROA of -8.08%, down 909 bps year over year; NIM at 2.60%.
  • Asset quality: problem loans at 0.00% of loans (-69 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 33.32%, up 539 bps from a year ago.
  • Funding: loans stand at 11.01% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-8.08%-909 bps YoY

Net Interest Margin (YTD, annualized)

2.60%-115 bps YoY

Efficiency Ratio (YTD, annualized)

394%+35,516 bps YoY

Tier 1 Leverage Ratio

33.32%+539 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.01%1.55%-2.33%-8.75%-8.08%-909 bps
Return on Equity3.62%5.47%-5.98%-15.59%-16.75%-2,037 bps
Net Interest Margin3.74%3.90%0.80%3.16%2.60%-115 bps
Efficiency Ratio38.57%34.99%363%437%394%+35,516 bps
Non-Interest Burden1.44%1.37%2.26%11.72%9.68%+824 bps
Growth
Asset Growth (YoY)3.44%1.34%83.98%113.27%178.21%+17,476 bps
Loan Growth (YoY)2.10%3.55%-91.16%-85.81%-75.62%-7,772 bps
Deposit Growth (YoY)3.77%0.51%-1.84%47.11%148.37%+14,460 bps
Asset Quality
Nonperforming Loans / Loans0.69%0.40%0.00%0.00%0.00%-69 bps
Net Charge-Offs / Loans0.61%0.71%0.00%0.00%0.00%-61 bps
Allowance / Loans1.78%1.62%0.45%0.28%0.35%-144 bps
Allowance Coverage of NPLs2.6x4.0xn/an/an/an/a
Capital
Tier 1 Leverage Ratio27.93%29.84%59.44%47.73%33.32%+539 bps
Total Risk-Based Capital35.07%36.71%59.44%47.73%33.32%-175 bps
Equity / Assets27.86%29.88%62.02%51.06%37.04%+918 bps
Liquidity & Funding
Loans / Deposits112.16%115.69%10.12%10.83%11.01%-10,115 bps
Liquid Assets / Assets0.03%0.03%16.94%14.74%5.17%+514 bps
CRE / Total Capitaln/a5.33%0.04%0.05%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

Battle Bank, National Association

Upsala, MN · Cert 9336 · Peer group: banks under $1B in assets in MN (n=111-113) · Battle Financial Inc.

National charter · OCC · 1 branch

Q2 2026

$180.8MAssets
$12.4MLoans
$112.4MDeposits
$67.0MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in MN (rank 12 of 111).
  • Widest gap: return on equity trails 100% of banks under $1B in assets in MN (rank 113 of 113).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

-6.50%

Rank 113 of 113

Net Interest Margin

2.60%

Rank 108 of 113

Efficiency Ratio

394%

Rank 113 of 113

Equity / Assets

37.04%

Rank 4 of 113

Non-interest income vs. expense

$0.5M$15.7MINCOMEEXPENSE
Unfavorable gap of $15.2M · efficiency ratio beats 1% of banks under $1B in assets in MN
Bank 394%Peer median 61.5%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-6.50%0.87%1.20%1.41%Beats 0%113 / 113
Return on Equity-17.56%8.92%11.27%13.99%Beats 0%113 / 113
Net Interest Margin2.60%3.42%3.88%4.31%Beats 4%108 / 113
Efficiency Ratio394%54.13%61.48%69.86%Beats 1%113 / 113
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.58%1.82%Beats 100%12 / 111
Net Charge-Offs / Loans0.00%n/a0.00%0.04%Beats 100%36 / 111
Capital
Tier 1 Capital Ratio33.32%11.53%13.31%18.13%Beats 93%8 / 113
Total Risk-Based Capital Ratio33.32%12.12%14.43%19.39%Beats 93%8 / 113
Equity / Assets37.04%8.52%10.10%11.94%Beats 96%4 / 113
Liquidity & Funding
Loans / Deposits11.01%62.08%77.32%88.06%0th pctl111 / 111
Loans / Assets6.84%55.01%66.35%75.50%2nd pctl111 / 113
Brokered Deposits / Depositsn/aNot reported for this institution