Slide 1: Truxton Q2 2025 Results Financial Update
Truxton Q2 2025 Results Financial Update July 2025
Slide 2: Q2 2025 Financial Highlights
Q2 2025 Financial Highlights ($000s) Income Summary 2Q 2025 2Q 2024 % Change Non-Interest Income $6,033 $5,584 8.0% Net Interest Income $8,571 $6,600 29.9% Provision for Credit Losses $120 ($27) (544.4%) Non-Interest Expense $7,688 $6,589 16.7% Earnings Before Taxes $6,795 $5,622 20.9% Income Tax Ex
Slide 3: Safe and Reliable Credit Quality
Safe and Reliable Credit Quality 90 days+ past due loans: $0 Non-performing assets (NPAs): $0 No other real estate owned (OREO) Allowance vs. NPAs ($000s) Reserves / Loans $7,500 0.97% $7,000 $6,500 $6,000 $5,500 0.96% $5,000 $4,500 $4,000 0.95% $3,500 $3,000 $2,500 $2,000 0.94% $1,500 $1,000
Slide 4: Loan Yield & Concentrations
Loan Yield & Concentrations Commercial Real Estate concentration was 223% of capital at quarter end Acquisition, Construction, & Development loans was 45% of capital at quarter end Average loans yields rose 9bps quarter-over-quarter driven by loan repricing Average Loan Yields Commercial Real
Slide 5: Deposit Costs
Deposit Costs Cost of funds rose 10bps from Q1 2025 to 3.01% in Q2 2025 Increased utilization of more expensive wholesale funding drove the cost higher NIBA / Total Deposits Cost of Funds 25% 6.00% 5.00% 20% 19.3% 15.8% 4.00% 15.0% 14.9% 14.5% 15% 13.8% 13.1% 12.4% 12.3% 3.00% 10% 2.00% 1.00% 5%
Slide 6: Net Interest Margin
Net Interest Margin NIM increased 2bps in Q2 2025 compared to Q1 2025 as earning asset yields increased more than cost of funds NIM vs. Cost of Funds NIM vs. Fed Funds 4.0% 6.00% 3.5% 5.00% 3.0% 4.00% 2.5% 2.0% 3.00% 1.5% 2.00% 1.0% 1.00% 0.5% 0.0% 0.00% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q
Slide 7: ROAE and Efficiency Ratio
ROAE and Efficiency Ratio 25% 45% 47% 20% 49% 51% Efficiency Ratio 15% 53% ROAE 55% 10% 57% 59% 5% 61% 63% 0% 65% 2018 2019 2020 2021 2022 2023 2024 1H25 ROAE Efficiency Ratio 7
Slide 8: Pre-Tax, Pre-Provision Net Revenue (PPNR)
Pre-Tax, Pre-Provision Net Revenue (PPNR) Net Interest Income (+) Non-Interest Expense (-) +23.63% Non-Interest Income (+) Pre-Tax, Pre-Provision Net Revenue(=) Q2 2025 vs. Q2 2024 Q2 2024 Q1 2025 Q2 2025 $16,000 $15,000 $14,000 $13,000 $12,000 $6,033 $11,000 $7,688 $6,377 $6,983 $10,000 $5,532 $9,0
Slide 9: Wealth Management Growth Continues
Wealth Management Growth Continues Wealth management services represented 50.2% of net revenue in Q2 2025 Wealth management services represented 86.3% of total non-interest income in Q2 2025 Wealth management revenue increased .04% in Q2 2025 compared to Q2 2024 Wealth Management Revenue (000s
Slide 10: TRUX Financial Returns – Quarterly Trends
TRUX Financial Returns – Quarterly Trends Efficiency Ratio down 8 basis points compared to Q2 2024 Net interest margin (NIM) is 17 basis points higher compared to Q2 2024 Return on average assets (ROAA) is down 8 basis points from Q2 2024 Return on average equity (ROAE) up 127 basis points f
Slide 11: Truxton
T TRUXTON EALTH = FAMILY OFFICE = BANKING