Slides
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Q2 2026 Results July 2026 Financial Update
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 2 Q2 2026 Financial Highlights ($000s) Income Summary Q2 2026 Q2 2025 % Change Noninterest Income $6,701 $6,141 9.1% Net Interest Income $10,062 $8,463 18.9% Provision for Credit Losses $201 $120 67.5% Noninterest Expense $8,233 $7,690 7.1% Earnings Before Taxes $8,607 $6,794 26.7% Income Tax Expense $1,731 $1,473 17.5% Net Income $6,876 $5,321 29.2% Balance Sheet Assets $1,366,419 $1,255,462 8.8% Loans $803,705 $690,840 16.3% Deposits $1,124,145 $1,048,466 7.2% Shareholders' Equity $124,535 $102,850 21.1% Asset Quality Allowance for Credit Losses on Loans $7,386 $6,689 10.4% Allowance to Loans 0.92% 0.97% -5.2%
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 3 *Charts above do NOT include ACL on unfunded commitments or ACL on securities Safe and Reliable Credit Quality ▪ 90 days+ past due loans: $29k ▪ Non-performing assets (NPAs): $116k ▪ No other real estate owned (OREO) Reserves / LoansAllowance vs. NPAs ($000s) $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 $6,000 $6,500 $7,000 $7,500 $8,000 2021 2022 2023 2024 2025 1Q26 2Q26 Allowance Non-Performing Loans 0.90% 0.91% 0.92% 0.93% 0.94% 0.95% 0.96% 0.97% 0.98% 0.99% 1.00% 1.01% Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 Commercial Real EstateAverage Loan Yields 4 Loan Yield & Concentrations ▪ Commercial Real Estate concentration was 241% of capital at quarter end ▪ Acquisition, Construction, & Development concentration was 55% of capital at quarter end ▪ Average loans yields increased 4bps quarter-over-quarter ACD regulatory guideline = 100% CRE regulatory guideline = 300% 3.00% 3.50% 4.00% 4.50% 5.00% 5.50% 6.00% 6.50% 7.00% Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Avg. Loan Yield Avg. Loan Yield, ex. Fees 0% 75% 150% 225% 300% 0% 25% 50% 75% 100% 2021 2022 2023 2024 2025 1Q26 2Q26 ACD CRE
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 5 Diversified Loan Portfolio 29% 32% 29% 30% 31% 31% 29% 29% 26% 26% 25% 28% 27% 26% 26% 24% 25% 22% 23% 23% 24% 22% 7% 7% 10% 5% 5% 6% 7% 7% 8% 7% 8% 6% 8% 8% 8% 8% 8% 8% 7% 8% 8% 7% 7% 5% 8% 8% 7% 7% 7% 6% 4% 4% 5% 11% 7% 7% 9% 9% 9% 11% 10% 13% 13% 13% 7% 7% 6% 7% 8% 8% 8% 9% 10% 10% 11% 5% 5% 6% 5% 5% 6% 8% 7% 7% 7% 8% 1% 1% 1% 2% 2% 1% 0% 0% 1% 1% 1% Owner Occupied Construction Multifamily Home Equity Commercial Consumer Owner Occupied CRE Spec Construction / Land Dev Commercial Real Estate Closed-end, 1-4 family
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 6 Diversified CRE Loan Portfolio 19% 23% 21% 19% 14% 13% 15% 14% 12% 13% 12% 23% 17% 14% 12% 13% 13% 9% 9% 11% 10% 11% 23% 22% 22% 24% 21% 19% 18% 22% 19% 19% 20% 8% 10% 9% 13% 14% 19% 15% 14% 18% 18% 18% 3% 3% 4% 6% 10% 9% 8% 8% 6% 6% 3% 0% 0% 0% 0% 0% 0% 1% 0% 0% 0% 0% 8% 7% 7% 10% 12% 12% 18% 16% 15% 16% 17% 6% 8% 9% 6% 6% 7% 8% 8% 9% 9% 8% 3% 2% 3% 4% 5% 2% 0% 1% 1% 2% 2% 3% 2% 3% 3% 4% 4% 4% 5% 4% 3% 3% 5% 5% 6% 2% 3% 2% 4% 4% 4% 4% 5% Other Commercial Construction Spec Residential Construction Owner Occ Residential Construction Spec Comm Vacant Land Multifamily Medical Hospitality Specialty Industrial Retail Office
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 Cost of FundsNIBA / Total Deposits 7 ▪ Cost of funds increased 6bps from Q1 2026 to 2.76% in Q2 2026 ▪ Increased market pricing for wholesale funding drove the increase Deposit Costs 23.2% 24.4% 19.3% 13.8% 12.3% 11.3% 11.5% 12.0% 12.1% 0% 5% 10% 15% 20% 25% 30% Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Cost of funds Avg Effective Fed Funds Rate
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 8 Deposit Composition 51% 45% 37% 36% 28% 23% 24% 24% 26% 23% 24% 19% 14% 12% 11% 11% 12% 12% 21% 14% 17% 19% 21% 23% 15% 15% 18% 1% 3% 2% 2% 1% 1% 1% 1% 1% 2% 13% 17% 23% 31% 32% 37% 34% 28% 2% 1% 7% 7% 6% 10% 12% 14% 14% Wholesale Non-maturing Time Deposits - Wholesale Time Deposits - Retail Savings and Money Market Noninterest-bearing Interest-bearing
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 NIM vs. Fed FundsNIM vs. Cost of Funds 9 Net Interest Margin ▪ NIM decreased 8bps in Q2 2026 compared to Q1 2026 as cost of funds increased and earning asset yields decreased 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NIM Cost of funds 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 NIM Fed Funds (Upper Bound)
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 10 ROAE and Efficiency Ratio 45% 47% 49% 51% 53% 55% 57% 59% 61% 63% 65%0% 5% 10% 15% 20% 25% 2021 2022 2023 2024 2025 2026 YTD Efficiency Ratio ROAE ROAE Efficiency ratio
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 Net Interest Income (+) Non-Interest Income (+) 11 Pre-Tax, Pre-Provision Net Revenue Non-Interest Expense (-) Pre-Tax, Pre-Provision Net Revenue (=) +23.37% Q2 2026 vs. Q2 2025 $10,419 $8,434 $6,381 $8,366 Q1 2026 $10,062 $8,530 $6,701 $8,233 Q2 2026 $8,463 $6,914 $6,141 $7,690 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $12,000 $13,000 $14,000 $15,000 $16,000 $17,000 Q2 2025
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 12 Truxton Wealth Growth Continues ▪ Truxton Wealth represented 37% of net revenue in Q2 2026 ▪ Truxton Wealth represented 93% of total non-interest income in Q2 2026 ▪ Truxton Wealth revenue increased 19.4% in Q2 2026 compared to Q2 2025 Wealth Management Revenue (000s)Wealth Management Revenue (000s) $7,646 $9,108$9,843 $10,746$11,469 $15,102 $16,377 $17,657 $20,597 $21,988 $12,230 $0 $5,000 $10,000 $15,000 $20,000 $25,000 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 YTD $3,726 $4,055 $4,442 $5,206 $5,208 $5,631 $5,811 $6,011 $6,219 $3,300 $3,500 $3,700 $3,900 $4,100 $4,300 $4,500 $4,700 $4,900 $5,100 $5,300 $5,500 $5,700 $5,900 $6,100 $6,300 $6,500 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
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Sea Grey HEX: #506D75 RGB: 80, 109, 117 CMYK: 32, 7, 0, 54 Sky Grey HEX: #73878C RGB: 115, 135, 140 CMYK: 18, 4, 0, 45 Off Black HEX: #212529 RGB: 33, 37, 41 CMYK: 20, 10, 0, 84 Mist HEX: #F4F5F6 RGB: 244, 245, 246 CMYK: 1, 0, 0, 4 PMS 187 HEX: #A6192E RGB: 166, 25, 46 CMYK: 22, 84, 68, 9 Pantone Cool Grey C HEX: #75787B RGB: 117, 120, 123 CMYK: 30, 22, 17, 57 13 ▪ Efficiency Ratio fell 355 basis points compared to Q2 2025 ▪ Net interest margin (NIM) is 21 basis points higher compared to Q2 2025 ▪ Return on average assets (ROAA) is up 26 basis points from Q2 2025 ▪ Return on average equity (ROAE) is up 132 basis points from Q2 2025 ▪ Tier 1 Leverage Ratio for the Bank is down 15 basis points from Q2 2025 TRUX Financial Returns – Quarterly Trends Key Ratios Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Efficiency Ratio 52.66% 50.64% 49.88% 49.80% 49.11% Net Interest Margin 2.89% 2.82% 2.97% 3.18% 3.10% ROAA 1.74% 1.70% 1.60% 1.98% 2.00% ROAE 21.22% 21.32% 19.50% 23.07% 22.54% Tier 1 Leverage Ratio (Bank) 9.36% 8.90% 8.77% 8.85% 9.27% Tangible Equity / Tangible Assets 8.19% 8.43% 8.24% 8.71% 9.11%