Slide 1: Q3 2025 Results Financial Update
Q3 2025 Results Financial Update October 2025
Slide 2: Q3 2025 Financial Highlights
Q3 2025 Financial Highlights ($000s) Income Summary 3Q 2025 3Q 2024 % Change Non-Interest Income $6,012 $5,547 8.4% Net Interest Income $8,788 $6,672 31.7% Provision for Credit Losses $266 $105 153.3% Non-Interest Expense $7,495 $6,442 16.3% Earnings Before Taxes $7,039 $5,672 24.1% Income Tax Expen
Slide 3: Safe and Reliable Credit Quality
Safe and Reliable Credit Quality 90 days+ past due loans: $16k Non-performing assets (NPAs): $97k No other real estate owned (OREO) Allowance vs. NPAs ($000s) Reserves / Loans $7,500 0.98% $7,000 $6,500 $6,000 0.97% $5,500 $5,000 $4,500 0.96% $4,000 $3,500 $3,000 0.95% $2,500 $2,000 $1,500 0.9
Slide 4: Loan Yield & Concentrations
Loan Yield & Concentrations Commercial Real Estate concentration was 232% of capital at quarter end Acquisition, Construction, & Development loans was 47% of capital at quarter end Average loans yields rose 5bps quarter-over-quarter driven by loan repricing Average Loan Yields Commercial Real
Slide 5: Deposit Costs
Deposit Costs Cost of funds rose 7bps from Q2 2025 to 3.08% in Q3 2025 Increased utilization of more expensive wholesale funding drove the cost higher NIBA / Total Deposits Cost of Funds 18% 6.00% 15.8% 16% 15.0% 14.9% 14.5% 5.00% 13.8% 14% 13.1% 12.4% 12.3% 4.00% 12% 11.3% 10% 3.00% 8% 2.00% 6%
Slide 6: Net Interest Margin
Net Interest Margin NIM decreased 10bps in Q3 2025 compared to Q2 2025 as cost of funds increased more than earning asset yields 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% 0.00% 0.0% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q2 Q3 Q4 Q1
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 2025 YTD ROAE Efficiency Ratio 7
Slide 8: Pre-Tax, Pre-Provision Net Revenue (PPNR)
Pre-Tax, Pre-Provision Net Revenue (PPNR) Non-Interest Expense (-) +26.47% Pre-Tax, Pre-Provision Net Revenue(=) Q3 2025 vs. Net Interest Income (+) Q3 2024 Non-Interest Income (+) Q3 2024 Q2 2025 Q3 2025 $16,000 $15,000 $14,000 $13,000 $12,000 $6,012 $6,033 $11,000 $7,688 $7,494 $10,000 $5,520 $9,0
Slide 9: Truxton Wealth Growth Continues
Truxton Wealth Growth Continues Truxton Wealth represented 38% of net revenue in Q3 2025 Truxton Wealth represented 94% of total non-interest income in Q2 2025 Truxton Wealth revenue increased 6.9% in Q3 2025 compared to Q3 2024 Wealth Management Revenue (000s) Wealth Management Revenue (000s)
Slide 10: TRUX Financial Returns – Quarterly Trends
TRUX Financial Returns – Quarterly Trends Efficiency Ratio improved 206 basis points compared to Q3 2024 Net interest margin (NIM) is 13 basis points higher compared to Q3 2024 Return on average assets (ROAA) is down 7 basis points from Q3 2024 Return on average equity (ROAE) is up 203 basis
Slide 11: Truxton
T TRUXTON EALTH +s FAMILY OFFICE = BANKING