InBankShares Corporation · OTC:INBC
InBankShares — Q1 2026 Earnings Presentation
31 slides from InBankShares's earnings presentation, May 2026
Slide 1: Investor Presentation 1st Quarter 2026
INVESTOR PRESENTATION INBANKSHARES, CORP 1 Quarter 2026 st
Slide 2: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements: This presentation contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements preceded by,
Slide 3: Overview of InBankshares, Corp
Overview of InBankshares, Corp Emphasis on capturing market share along the Colorado Footprint Front Range, while maintaining dominant market share Metro Markets in Southern Colorado and Northern New Mexico People-centric vs branch-centric The strategy is to be the premier Focused on developin
Slide 4: INBC Timeline
INBC Timeline Invest for Growth Execution of Growth Strategy Expansion and Scale June 2018: Ed Francis and investor group raise $69 million April 2020: InBank welcomes 330 new-to-bank customers, September 2024: Expanded Healthcare & Banking Team of capital and acquire International Bank, a 100-ye
Slide 5: 1Q'2026 Highlights
1Q’2026 Highlights • PPNR1 in 1Q’2026 of $5.6 million compared to $6.7 million in 4Q’2025 and $3.7 million in 1Q’2025. Q4’2025 included non-recurring income of $573k related to branch sale • Net income of $3.4 million in 1Q’2026 compared to $(943,000) in 4Q’2025 and Quarterly Highlights2 $2.5 millio
Slide 6: Quarterly Financial Review
Quarterly Financial Review2 $'s in million, except per share 1Q'2026 4Q'2025 Variance % 1Q'2025 Variance % Total Assets $ 1,362.8 $ 1,412.5 -3.5% $ 1,401.3 -2.7% Gross Loans HFI $ 954.4 $ 980.2 -2.6% $ 933.3 2.3% Deposits $ 1,146.8 $ 1,143.5 0.3% $ 1,210.3 -5.3% TBVPS1 $ 10.40 $ 10.10 3.0% $ 9.52 9.
Slide 7: Earnings Performance
Earnings Performance Trailing Five Quarters Annual $8,000 $20,000 $1.00 $0.87 $0.84 $0.35 $0.29 $0.75 $6,000 $15,000 $0.75 $0.21 $0.22 $0.25 $0.18 $ In Thousands $ In Thousands $4,000 $10,000 $0.53 $0.50 $0.15 $0.36 $2,000 $5,000 $0.18 $0.25 $0.05 $- -$0.05 $- $0.00 -$0.08 -$0.23 $(2,000) -$0.15 $(5
Slide 8: INBC Consolidated Tangible Capital
INBC Consolidated Tangible Capital INBC Tangible Common Equity1 TBV per Share1 $125.0 15.05% 16.00% $11.00 $10.67 $123.7 14.00% $10.00 $10.40 $100.0 12.00% $9.00 $ In Millions $75.0 9.22% 10.00% $8.00 $7.37 8.00% $7.00 $7.39 $50.0 $52.0 6.00% $6.00 $25.0 4.00% $5.00 2018 2019 2020 2021 2022 2023 202
Slide 9: Loan Growth
Loan Growth Total Loans Held for Investment (HFI) Total Yield on Loans $1,100 7.00% 6.44% 6.45% 6.26% 6.00% $1,000 $980.2 $954.4 $933.3 $ In Millions 5.00% $900 4.50% 4.00% 3.75% 3.75% $800 3.00% 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4Q'25 1Q'26 $700 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4Q'25 1Q'26 Tot
Slide 10: Diverse Loan Portfolio
Diverse Loan Portfolio Loans held for investment at 3/31/2026: $954.4 million CRE I & CRE II ratios: 30.6%, 228.7% C&I and CRE-OO combined represent ~50% of portfolio Loan Mix Loans by Market Construction Other Colorado Farm Colorado Springs 3% 5% 1% 1-4 Family 4% New Mexico 7% 4% C&I Multifam
Slide 11: Deposit Growth
Deposit Growth Total Deposits Cost of Deposits $1,400 50.0% 6.00% $1,210 $1,143 $1,147 $1,200 5.00% 40.0% 4.50% $1,000 30.5% 4.00% 3.75% 3.75% 30.0% $ In Millions $800 2.85% 2.74% 3.00% 2.62% $600 20.0% 2.00% $400 2.00% 1.91% 1.86% 10.0% 1.00% $200 $- 0.0% 0.00% 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4
Slide 12: Strong Core Deposit Base
Strong Core Deposit Base Deposits at 3/31/2026: $1.15 billion 30.5% Noninterest bearing deposits Deposit Mix Deposits by Market Retail Time Other Colorado 8% 6% Colorado Springs Jumbo Time 6% 4% Noninterest DDA Brokered 30% 9% New Mexico Denver MSA 19% 42% Interest Checking MMDA & Savings 13% 36
Slide 13: Taking Market Share In a Growing Market
Taking Market Share In a Growing Market Emphasis on capturing market share in the Denver and Boulder MSAs and along the Colorado Front Range, Southern Colorado, and Northern New Mexico InBank Deposits - Denver & Boulder MSAs Total Deposit Market - Denver & Boulder MSAs $600 $160,000 $140,000 $500 $
Slide 14: NIM, Loan Yield, and Cost of Funds
NIM, Loan Yield, and Cost of Funds 7.00% 6.41% 6.44% 6.45% MRQ NIM of 3.91%, up 8 bps compared 6.32% 6.29% 6.26% 6.26% 6.20% to 3.83% for 4Q’2025 and up 19 bps 6.00% 5.50% compared to 3.72% from 1Q’2025 5.00% 5.00% Cost of funds of 2.03%, a decrease of 5 4.50% 4.50% 4.50% 4.25% bps from the link
Slide 15: Scale and Efficiency
Scale and Efficiency Average Assets per Employee Core Efficiency Ratio1 $9,500 90.00% $9,177 $9,000 80.00% $8,500 70.98% 69.32% 70.00% $ in Thousands $8,000 $7,895 59.91% $7,632 60.00% $7,500 50.00% $7,000 40.00% $6,500 $6,000 30.00% 2Q'24 3Q'24 4Q'24 1Q'25 2Q'25 3Q'25 4Q'25 1Q'26 2Q'24 3Q'24 4Q'24
Slide 16: Core Noninterest Income & Expense
Core Noninterest Income & Expense $ in Thousands $12,000 Net Overhead Ratio 3.50% $10,000 $9,568 2.96% 2.93% 2.89% 3.00% 2.82% $8,712 $8,699 2.69% 2.61% 2.55% 2.34% 2.42% $8,000 2.50% 2.15% 2.14% 2.04% 2.04% 2.04% 2.03% 1.88% 2.00% $6,000 1.50% $4,000 0.92% 1.00% 0.78% 0.78% $1,809 $1,963 $1,760 0.5
Slide 17: Asset Quality – NPAs and Past Due Loans
Asset Quality – NPAs and Past Due Loans Non-Performing Assets1 Past Due Loans 30-89 Days $16,000 1.00% $25,000 2.50% $14,000 0.80% $20,000 2.00% $12,000 $ In Thousands $ In Thousands $10,000 0.60% $15,000 1.50% $8,000 0.40% $10,000 1.00% $6,000 $4,000 0.20% $5,000 0.50% $2,000 $- 0.00% $- 0.00% 2Q'2
Slide 18: Asset Quality – Allowance and Net Chargeoffs
Asset Quality – Allowance and Net Chargeoffs Total Allowance + Purchase Discount Net Chargeoffs $20,000 2.00% 2.90% $7,500 3.00% 1.77% $17,500 1.75% 1.69% 2.50% $6,000 $15,000 1.50% 2.00% $ In Thousands $12,500 1.25% $ In Thousands $4,500 $10,000 1.00% 1.50% $7,500 0.75% $3,000 1.00% $5,000 0.50% 0.
Slide 19: InBank Remains Well-Capitalized
InBank Remains Well-Capitalized InBank Leverage Ratio $1,500 12.00% 10.99% 10.60% 10.70% 10.59% 10.71% 11.00% 10.41% 10.28% 10.38% $1,450 $1,439 10.00% Assets ($ In Millions) Leverage Ratio $1,410 9.00% $1,399 $1,400 8.00% $1,373 $1,361 $1,353 7.00% $1,350 $1,342 6.00% $1,314 $1,300 5.00% 2Q'24 3Q'2
Slide 20: Why Invest in InBankshares?
Why Invest in InBankshares? Strong Colorado- granular core Proven and headquartered deposit base dedicated high company caliber team Capturing Focused on market share Building long building in growth term advisory- shareholder markets based value relationships 20
Slide 21: Core Values
Core Values Mission Statement: Positively impacting the lives of our customers, communities, and associates by being a trusted partner. Vision Statement: To be the bank of choice in the markets we serve. Accountability Integrity Teamwork Impact We honor our We work better word and take We aim to
Slide 22: Strategic Pillars
Strategic Pillars Client & Market Operational Risk & Asset People & Shareholder Growth Excellence Quality Culture Value Build long-term Drive organic Enhance Empower and franchise value growth by efficiency, Maintain strong engage our and sustainable deepening consistency, and asset quality and empl
Slide 23: Contact Information
Contact Information Edward Francis Chief Executive Officer & President Email: Edward.Francis@inbank.com Phone: (720) 907-8130 Dan Patten EVP, Chief Financial Officer Email: Dan.Patten@inbank.com Phone: (720) 552-8327 23
Slide 24: Experienced Management Team
Experienced Management Team Edward Francis – Chief Executive Officer Dan Patten – EVP, Chief Financial Officer Brian Kouhdari – EVP, Finance & Accounting Ed has 38 years of banking and financial institution Dan has over 25 years of experience in corporate finance, experience and is Chief Executive O
Slide 25: Board of Directors
Board of Directors Kevin Ahern - Chairman Eric Donnelly – Lead Director Kevin has over 40 years of experience as an executive, Eric is Executive Chairman of Crossroads Impact Corp, a national entrepreneur, and operator in the financial services industry impact lender to underserved businesses and co
Slide 26: Appendix
INBANKSHARES, CORP APPENDIX
Slide 27: Non-GAAP Measures
Non-GAAP Measures InBankshares, Corp Non-GAAP Financial Measures (unaudited) As of and For the Quarter Ended (Dollars in thousands, except per share data) Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, 2026 2025 2025 2025 2025 Tangible Common Equity, Tangible Assets, Tangible Common Equity to Tangible Asse
Slide 28: Non-GAAP Measures
Non-GAAP Measures InBankshares, Corp Non-GAAP Financial Measures (unaudited) (Dollars in thousands, except per share data) As of and For the Quarter Ended Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, 2026 2025 2025 2025 2025 Pre-Provision, Pre-Tax Net Revenue (PPNR) and PPNR ROAA Net income (GAAP) $ 3,40
Slide 29: Non-GAAP Measures
Non-GAAP Measures InBankshares, Corp Non-GAAP Financial Measures (unaudited) (Dollars in thousands, except per share data) As of and For the Quarter Ended Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, 2026 2025 2025 2025 2025 Return on Average Tangible Common Equity Net income (GAAP) $ 3,408 $ (943) $ 2,0
Slide 30: Non-GAAP Measures
Non-GAAP Measures InBankshares, Corp Non-GAAP Financial Measures (unaudited) As of and For the Quarter Ended (Dollars in thousands, except per share data) Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, 2026 2025 2025 2025 2025 Core Efficiency Ratio and Core Noninterest Expense to Average Assets Noninterest
Slide 31: Non-GAAP Measures
Non-GAAP Measures InBankshares, Corp Non-GAAP Financial Measures (unaudited) (Dollars in thousands, except per share data) As of and For the Quarter Ended Mar 31, Dec 31, Sep 30, Jun 30, Mar 31, 2026 2025 2025 2025 2025 Adjusted Adjusted Return on Average Assets, and Adjusted Income Per Share Net in