Eagle Bancorp Montana, Inc. · NASDAQ:EBMT
Eagle Bancorp Montana — D.A. Davidson Financial Institutions Conference 2026
23 slides from Eagle Bancorp Montana's conference presentation, May 4, 2026
Slide 1: D.A. Davidson Financial Institutions Conference May 4-6, 2026
D.A. Davidson Financial Institutions Conference May 4 - 6, 2026
Slide 2: Cautionary Notice Regarding Forward-Looking Statements
Cautionary Notice Regarding Forward - Looking Statements 2 This presentation includes “forward - looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward - looking statements are based
Slide 3: Community Focused Institution
□ Eagle Bancorp Montana, Inc . is the holding company for Opportunity Bank of Montana ; established in 1922 , the Bank is the 4 th largest bank headquartered in Montana with 30 banking offices and has deeply embedded itself as the bank of choice within the community □ Continued execution on commerci
Slide 4: Branch Overview
Branch Overview 30 Banking offices serving Montana under the Company’s banking subsidiary – Opportunity Bank of Montana Branch Locations 4
Slide 5: Company Overview
Company Overview □ 30 branches in Montana operating under the Company’s banking subsidiary – Opportunity Bank of Montana □ Balance Sheet (3/31/26): ▪ Assets $2.09 billion ▪ Gross Loans $1.52 billion ▪ Deposits $1.79 billion ▪ Total equity $193.0 million □ Asset Quality (3/31/26): ▪ NPAs/assets – 0.2
Slide 6: Experienced Executive Management
Laura Clark President and CEO 12 years with the Company 51 years in banking Rachel Amdahl SVP and Chief Operations Officer 38 years with the Company 38 years in banking Dale Field SVP and Chief Credit Officer 24 years with the Company 28 years in banking Miranda Spaulding EVP and Chief Financial Off
Slide 7: Experienced Board
Experienced Board 7 Year Elected Experience Director 2022 President & CEO of Opportunity Bank and the Company Laura F. Clark 2007 Retired President of a Montana telecommunications company Rick F. Hays 1998 Retired Vice President of Carroll College Thomas J. McCarvel 2007 Retired President and CEO of
Slide 8: Business Strategy
□ Continue to diversify our loan portfolio into commercial (C&I), commercial real estate and agriculture □ Attract and retain lower - cost core deposits □ Continue to expand our franchise through selective acquisitions and branch additions □ Maintain high asset quality levels □ Continue to operate a
Slide 9: Key Montana Markets – Helena, Missoula, Great Falls
Key Montana Markets – Helena, Missoula, Great Falls Lewis and Clark County (Helena) Cascade County (Great Falls) Missoula County (Missoula) • Helena is the state capital of Montana. • Stable economy supported by state government, healthcare, education, and small business. • Government positions acco
Slide 10: Key Montana Markets – Bozeman, Billings, Butte
Key Montana Markets – Bozeman, Billings, Butte Gallatin County (Bozeman) Source(s): S&P Global Market Intelligence as of June 30, 2025 10 Silver Bow (Butte) Yellowstone County (Billings) • Fastest growing area in Montana, and one of the fastest growing counties in the Western U.S. • Home to Montana
Slide 11: An Expanding Franchise
$200 $213 $238 $251 $287 $306 $332 $508 $516 $560 $630 $674 $717 $854 $1,054 $1,258 $1,436 $1,948 $2,076 $2,103 $2,106 $2,092 $ - $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 2004 2005 2006 2007 2008 2009 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 3/31/26
Slide 12: Financial Highlights
Financial Highlights =a >
Slide 13: Balance Sheet Expansion
Balance Sheet Expansion $1,436 $2,076 $1,948 $2,103 $2,106 $2,092 $933 $1,354 $1,484 $1,521 $1,519 $1,519 $1,223 $1,635 $1,635 $1,681 $1,782 $1,786 $0 $500 $1,000 $1,500 $2,000 $2,500 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 3/31/2026 Assets Total Loans Deposits 13 $ in millions
Slide 14: Loan Portfolio Detail
Commercial & Industrial, 10% 14 Commercial Real Estate, 44% Residential 1 - 4 and Construction, 12% Construction & Land Development, 6% Home Equity, 7% Agricultural & Farmland, 19% Consumer, 2% Loan Portfolio Composition – 3/31/2026 □ 35 Commercial/Ag lenders □ 14 Mortgage lenders □ Owner - occupied
Slide 15: CRE Portfolio Detail
CRE Loan Portfolio Composition – 3/31/2026 Excludes loans held for sale Multifamily, 17% 15 Lessors of nonresidential buildings, 9% Hotels and other travel accommodations, 13% Office space, 9% Industrial/warehouse, 9% Other, 43% CRE Portfolio Detail
Slide 16: Disciplined Credit Culture
0.49% 16 0.40% 0.41% 0.19% 0.27% 0.27% 0.10% 0.00% 0.20% 0.30% 0.40% 0.50% 0.60% 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 3/31/2026 Nonperforming Assets/Total Assets Disciplined Credit Culture Effective January 1, 2023, the Company adopted ASU No. 2022 - 02, Financial Instruments - Cre
Slide 17: Deposit Mix – Rolling 8 Quarters
Non Interest Checking 25% Interest Bearing Checking 12% Savings 12% Money Market 25% Time Certificates 26% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2Q243Q244Q241Q252Q253Q254Q251Q26 □ Deposit costs were 1.52% for 1Q26 □ Non - Interest Bearing accounts represent 25% of total deposits at 1Q26 □ MMDA
Slide 18: Net Interest Income & Net Interest Margin
Net Interest Income & Net Interest Margin 3.47% 3.41% 3.32% 3.33% 3.41% 3.34% 3.59% 3.74% 3.91% 3.94% 4.08% 4.11% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% $0 $5,000 $10,000 $15,000 $20,000 $25,000 2Q23 3Q23 4Q23 3Q25 4Q25 1Q26 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 Net Interest Income Net Interest Margin 18 Net i
Slide 19: Yield and Cost of Funds
Yield and Cost of Funds 7.00% 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 1Q26 Yield on Average Earning Assets 2021Y 2022Y 2023Y 2024Y 2025Y EBMT Peer Group 7.00% 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 1Q26 Yield on Loans 2021Y 2022Y 2023Y 2024Y 2025Y EBMT Peer Group 3.00% 2.50% 2.00% 1.50% 1.00% 0
Slide 20: Provision for Credit Losses
Provision for Credit Losses $861 20 $2,001 $518 $1,456 $1,181 $279 $0 $500 $1,000 $1,500 $2,000 $2,500 2021 2022 2023 2024 2025 1Q26 Provision for credit losses on loans starting in 2023, provision for loan losses for prior periods $ in 000’s
Slide 21: Building Shareholder Value
Building Shareholder Value $2.17 $1.45 $1.29 $1.24 $1.90 $0.51 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 2021 2022 2023 2024 2025 1Q26 $23.07 $19.79 $21.11 $21.77 $24.10 $24.22 $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 Diluted Earnings Per Share Book Value Per Share 21
Slide 22: Capital Strength
Capital Strength 22 *The tangible common equity to tangible assets is a non - GAAP ratio that is calculated by dividing shareholders’ equity, less goodwill and core deposit intangible, by total assets, less goodwill and core deposit intangible. March 31, 2026 2025 2024 2023 2022 ($ in 000s) $ 2,091,
Slide 23: Laura Clark President and CEO Office: (406) - 3080 Direct: (406) 457 - 4007
Laura Clark President and CEO Office: (406) 442 - 3080 Direct: (406) 457 - 4007 lclark@oppbank.com www.opportunitybank.com 1400 Prospect Avenue P.O. Box 4999 Helena, MT 59604 Miranda Spaulding EVP and Chief Financial Officer Office: (406) 442 - 3080 Direct: (406) 441 - 5010 mspaulding@oppbank.com Da
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