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Letter portraitLegal landscapeQuarterYTD

United Bank of Iowa

Ida Grove, IA · Cert 958 · Ida Grove Bancshares Inc.

State charter, non-member · FDIC · 38 branches

Q2 2026

$2.5BAssets
$1.7BLoans
$2.0BDeposits
$229.0MEquity
Loan mix
90%RE $1.1B6%C&I $0.1B4%Consumer $0.0BQ3 2024Q2 2026
Deposit mix
82%Interest-bearing $1.6B18%Noninterest $0.3BQ3 2024Q2 2026

Market Position · Sioux City, IA-NE-SD · 2026 SOD (annual) · 2.1% share · #15 of 28 inst. · $0.1B of $4.6B

77.0% Ida
28.5% Crawford
44.4% Calhoun
13.8% Carroll

Executive Summary

  • Earnings: ROA of 1.05%, up 20 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 0.26% of loans (-10 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 10.34%, up 56 bps from a year ago.
  • Funding: loans stand at 85.60% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.05%+20 bps YoY

Net Interest Margin (YTD, annualized)

2.70%+40 bps YoY

Efficiency Ratio (YTD, annualized)

56.90%-398 bps YoY

Tier 1 Leverage Ratio

10.34%+56 bps YoY

NIM

4.57%Q2 ’244.49%Q2 ’254.69%Q2 ’26+13%+17%

Non-interest income vs. expense

1.63%Q2 ’241.74%Q2 ’251.83%Q2 ’26+3%+10%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.60%0.68%0.76%0.86%0.87%0.96%1.02%1.05%+20 bps
Return on Equity7.98%9.02%9.55%10.57%10.53%11.41%11.35%11.64%+108 bps
Net Interest Margin2.04%2.03%2.25%2.31%2.39%2.40%2.64%2.70%+40 bps
Efficiency Ratio66.89%64.55%63.70%60.88%60.78%58.89%56.89%56.90%-398 bps
Non-Interest Burden1.22%1.13%1.26%1.21%1.25%1.17%1.29%1.33%+12 bps
Growth
Asset Growth (YoY)2.07%-0.54%2.11%1.03%1.30%3.05%2.11%3.27%+224 bps
Loan Growth (YoY)-1.16%-0.82%0.78%2.92%4.67%4.20%5.40%4.94%+202 bps
Deposit Growth (YoY)2.46%2.07%3.80%2.03%2.13%2.89%1.49%3.76%+173 bps
Asset Quality
Nonperforming Loans / Loans0.33%0.30%0.30%0.36%0.27%0.28%0.30%0.26%-10 bps
Net Charge-Offs / Loans0.02%0.02%0.00%0.01%0.01%0.02%0.00%-0.01%-1 bps
Allowance / Loans1.37%1.36%1.39%1.39%1.38%1.37%1.36%1.37%-2 bps
Allowance Coverage of NPLs4.1x4.5x4.6x3.8x5.1x4.9x4.5x5.3x+1.4x
Capital
Tier 1 Leverage Ratio9.57%9.58%9.80%9.78%10.14%10.08%10.41%10.34%+56 bps
Total Risk-Based Capital9.57%9.58%9.80%9.78%10.14%10.08%10.41%10.34%+56 bps
Equity / Assets8.03%7.78%8.03%8.50%8.75%8.98%9.01%9.18%+67 bps
Liquidity & Funding
Loans / Deposits81.74%83.33%80.38%84.64%83.77%84.39%83.48%85.60%+96 bps
Liquid Assets / Assets11.11%9.13%12.13%8.30%9.74%8.80%10.50%7.75%-55 bps
CRE / Total Capitaln/an/an/an/a27.66%27.79%25.90%n/an/a