Truxton Corp · OTC:TRUX
Truxton — Q1 2026 Earnings Presentation
14 slides from Truxton's earnings presentation, April 2026
Slide 1: Q1 2026 Results
Q1 2026 Results Financial Update April 2026
Slide 2: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights ($000s) Income Summary Q1 2026 Q1 2025 % Change Noninterest Income $6,350 $6,382 -0.5% Net Interest Income $10,419 $7,245 43.8% Provision for Credit Losses ($156) $390 -140.0% Noninterest Expense $8,335 $6,983 19.4% Earnings Before Taxes $8,590 $6,254 37.4% Income Tax Ex
Slide 3: Safe and Reliable Credit Quality
Safe and Reliable Credit Quality ▪ 90 days+ past due loans: $29k ▪ Non-performing assets (NPAs): $120k ▪ No other real estate owned (OREO) Allowance vs. NPAs ($000s) Reserves / Loans $8,000 1.06% $7,500 1.05% $7,000 1.04% $6,500 1.03% $6,000 1.02% $5,500 1.01% $5,000 1.00% $4,500 0.99% $4,000 0.98%
Slide 4: Loan Yield & Concentrations
Loan Yield & Concentrations ▪ Commercial Real Estate concentration was 260% of capital at quarter end ▪ Acquisition, Construction, & Development loans was 53% of capital at quarter end ▪ Average loans yields fell 11bps quarter-over-quarter driven by the decline in floating rate loans as a result of
Slide 5: Diversified Loan Portfolio
Diversified Loan Portfolio 1% 1% 1% 1% 2% 2% 1% 0% 0% 0% 1% 1% 5% 5% 5% 6% 5% 6% 7% 8% 7% 7% 7% 5% Owner Occupied Construction 8% 7% 7% 6% 7% 8% 8% 8% 8% 9% 10% 10% 7% 7% Multifamily 9% 11% 9% 9% 9% 12% 5% 11% 10% 8% 13% 13% Home Equity 6% 7% 8% 7% 8% 7% 7% 6% 7% 5% 8% 4% 6% 8% 8% 4% Commercial 7% 8
Slide 6: Diversified CRE Loan Portfolio
Diversified CRE Loan Portfolio 2% 3% 2% 4% 4% 4% 4% 4% 5% 5% 6% 3% 4% Other Commercial Construction 9% 4% 4% 4% 3% 3% 2% 4% 2% 4% 5% 2% 3% 5% 0% 0% 1% 1% 2% 2% 3% 2% 3% 6% 7% 8% 8% Spec Residential Construction 6% 8% 6% 8% 9% 9% 5% 9% 8% Owner Occ Residential 7% 7% 10% 12% 12% 16% Construction 0% 0%
Slide 7: Deposit Costs
Deposit Costs ▪ Cost of funds fell 21bps from Q4 2025 to 2.70% in Q1 2026 ▪ Federal funds rate declines drove the changes NIBA / Total Deposits Cost of Funds 40% 6.00% 37.8% 35% 5.00% 30% 4.00% 25% 23.2% 19.7% 3.00% 20% 14.9% 15% 2.00% 12.4% 12.3% 11.3% 11.5% 12.0% 10% 1.00% 5% 0.00% 0% Q1 Q1 Q1 Q1
Slide 8: Deposit Composition
Deposit Composition 3% 1% 7% 6% 4% 8% 9% 9% 10% 1% 12% 14% 2% 18% 17% 20% 24% 27% 31% Wholesale Non-maturing 2% 32% 37% 34% 2% Time Deposits - Wholesale 14% 1% 1% 27% 23% 15% 1% Time Deposits - Retail 24% 1% 21% 1% 20% 23% Savings and Money Market 15% 15% 15% 12% 12% Noninterest-bearing 11% 12% 11%
Slide 9: Net Interest Margin
Net Interest Margin ▪ NIM increased 21bps in Q1 2026 compared to Q4 2025 as cost of funds decreased 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% Q1 Q1 Q1 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q1 Q1 Q1 Q1
Slide 10: 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% 2021 2022 2023 2024 2025 2026 YTD ROAE Efficiency Ratio 10
Slide 11: Pre-Tax, Pre-Provision Net Revenue (PPNR)
Pre-Tax, Pre-Provision Net Revenue (PPNR) Net Interest Income (+) Non-Interest Expense (-) +26.94% Non-Interest Income (+) Pre-Tax, Pre-Provision Net Revenue(=) Q1 2026 vs. Q1 2025 Q1 2025 Q4 2025 Q1 2026 17,000 16,000 15,000 14,000 6,350 13,000 $5,871 8,335 12,000 $7,686 11,000 6,382 6,983 10,000 9
Slide 12: Truxton Wealth Growth Continues
Truxton Wealth Growth Continues ▪ Truxton Wealth represented 36% of net revenue in Q1 2026 ▪ Truxton Wealth represented 95% of total non-interest income in Q1 2026 ▪ Truxton Wealth revenue increased 12.6% in Q1 2026 compared to Q1 2025 Wealth Management Revenue (000s) Wealth Management Revenue (000s
Slide 13: TRUX Financial Returns – Quarterly Trends
TRUX Financial Returns – Quarterly Trends ▪ Efficiency Ratio fell 154 basis points compared to Q1 2025 ▪ Net interest margin (NIM) is 28 basis points higher compared to Q1 2025 ▪ Return on average assets (ROAA) is up 9 basis points from Q1 2025 ▪ Return on average equity (ROAE) is up 257 basis point
Slide 14: iil
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