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Iowa State Bank

Algona, IA · Cert 950 · Mid-Iowa Bancshares Co.

State charter, non-member · 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 assets in IA3

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 IA (n=134 to 135). 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

59

Q2 2024Q2 2026peer median (50)

Asset Quality

84

Q2 2024Q2 2026peer median (50)

Profitability

45

Q2 2024Q2 2026peer median (50)

Liquidity

96

Q2 2024Q2 2026peer median

Efficiency

41

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

Iowa State Bank

Algona, IA · Cert 950 · Mid-Iowa Bancshares Co.

State charter, non-member · FDIC · 5 branches

Q2 2026

$470.7MAssets
$304.0MLoans
$378.9MDeposits
$42.9MEquity
Loan mix
92%RE $241.9M5%C&I $14.0M2%Consumer $5.7MQ3 2024Q2 2026
Deposit mix
86%Interest-bearing $326.4M14%Noninterest $52.5MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.11%, up 37 bps year over year; NIM at 2.98%.
  • Asset quality: problem loans at 0.15% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.17%, up 24 bps from a year ago.
  • Funding: loans stand at 80.25% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.11%+37 bps YoY

Net Interest Margin (YTD, annualized)

2.98%+26 bps YoY

Efficiency Ratio (YTD, annualized)

59.05%-873 bps YoY

Tier 1 Leverage Ratio

11.17%+24 bps YoY

NIM

4.66%Q2 ’244.84%Q2 ’254.88%Q2 ’26+19%+9%

Non-interest income vs. expense

1.94%Q2 ’242.06%Q2 ’251.94%Q2 ’26+9%-7%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.60%0.62%0.61%0.74%0.82%0.81%0.94%1.11%+37 bps
Return on Equity8.04%8.34%7.76%9.39%10.09%9.74%10.72%12.44%+305 bps
Net Interest Margin2.28%2.35%2.63%2.72%2.72%2.77%2.93%2.98%+26 bps
Efficiency Ratio73.52%73.18%72.61%67.78%65.47%67.43%62.49%59.05%-873 bps
Non-Interest Burden1.57%1.62%1.81%1.72%1.65%1.74%1.70%1.61%-11 bps
Growth
Asset Growth (YoY)8.11%-0.84%-1.94%-1.67%-2.14%0.05%4.75%1.19%+287 bps
Loan Growth (YoY)13.07%2.06%2.47%3.23%3.50%4.41%3.51%1.18%-205 bps
Deposit Growth (YoY)3.92%1.64%0.79%1.34%1.32%5.22%10.24%11.56%+1,022 bps
Asset Quality
Nonperforming Loans / Loans0.22%0.30%0.24%0.15%0.28%0.21%0.12%0.15%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.34%1.37%1.34%1.35%1.32%1.35%1.34%1.34%-1 bps
Allowance Coverage of NPLs6.0x4.6x5.6x8.9x4.7x6.5x10.9x8.7x-0.2x
Capital
Tier 1 Leverage Ratio10.40%10.61%10.81%10.94%10.95%11.02%11.04%11.17%+24 bps
Total Risk-Based Capital16.43%16.80%16.94%16.77%16.64%16.95%16.91%17.05%+27 bps
Equity / Assets8.12%7.58%8.05%8.10%8.59%9.00%8.63%9.10%+101 bps
Liquidity & Funding
Loans / Deposits85.20%81.12%83.42%88.48%87.03%80.49%78.33%80.25%-823 bps
Liquid Assets / Assets0.71%0.25%0.27%0.32%0.26%0.56%1.92%1.84%+152 bps
CRE / Total Capitaln/an/an/an/a159.20%152.94%158.06%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

Iowa State Bank

Algona, IA · Cert 950 · Peer group: banks under $1B in assets in IA (n=134-135) · Mid-Iowa Bancshares Co.

State charter, non-member · FDIC · 5 branches

Q2 2026

$470.7MAssets
$304.0MLoans
$378.9MDeposits
$42.9MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in IA (rank 45 of 134).
  • Widest gap: equity / assets trails 84% of banks under $1B in assets in IA (rank 114 of 135).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.11%

Rank 79 of 135

Net Interest Margin

2.98%

Rank 100 of 135

Efficiency Ratio

59.05%

Rank 80 of 135

Equity / Assets

9.10%

Rank 114 of 135

Non-interest income vs. expense

$1.6M$9.4MINCOMEEXPENSE
Unfavorable gap of $7.8M · efficiency ratio beats 41% of banks under $1B in assets in IA
Bank 59.05%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.11%0.92%1.19%1.47%Beats 41%79 / 135
Return on Equity12.23%7.99%10.26%13.14%Beats 67%44 / 135
Net Interest Margin2.98%2.95%3.41%3.73%Beats 26%100 / 135
Efficiency Ratio59.05%50.61%57.35%63.29%Beats 41%80 / 135
Asset Quality
Nonperforming Loans / Loans0.15%0.03%0.51%1.26%Beats 67%45 / 134
Net Charge-Offs / Loans0.00%n/a0.01%0.03%Beats 100%45 / 134
Capital
Tier 1 Capital Ratio15.83%11.23%13.31%15.45%Beats 79%29 / 135
Total Risk-Based Capital Ratio17.05%11.61%14.06%16.47%Beats 81%26 / 135
Equity / Assets9.10%9.87%11.05%13.07%Beats 16%114 / 135
Liquidity & Funding
Loans / Deposits80.25%68.54%81.55%91.24%46th pctl72 / 134
Loans / Assets64.59%57.61%68.06%76.23%43rd pctl77 / 135
Brokered Deposits / Depositsn/aNot reported for this institution