Henderson Federal Savings Bank Mutual
Henderson, TX FDIC 29241 $100M-$500M
Quarter Ended
Q1'26
Data as of March 31, 2026
Quarterly Snapshot
Metric Q1'26 YoY Δ Q1'25
Profitability
Return on Assets (%) 0.96% +0.01 0.95%
Return on Equity (%) 3.76% -0.02 3.78%
Net Interest Margin (%) 3.53% -0.04 3.57%
Efficiency Ratio (%) 64.11% -0.49 64.61%
Pre-Provision Profit ($M) $0 +0.01 $0
Cost of Funds (%) 1.85% -0.02 1.87%
Balance Sheet
Total Assets ($M) $118 +2.21 $116
Gross Loans ($M) $83 -1.22 $84
Loan Growth YoY (%) 92.95% -2.16 95.11%
Total Deposits ($M) $88 +0.73 $87
Shareholders Equity ($M) $30 +1.33 $29
Tang. Book Value ($M) $30 +1.33 $29
Loan / Deposit Ratio (%) 92.95% -2.16 95.11%
Credit Quality
NPA / Total Assets (%) 2.36% -0.00 2.37%
Allowance / Loans (%) 1.80% 0.01% 1.79%
Net Charge-Off Ratio (%) 3.14% +0.28 2.85%
Capital
Tier 1 Capital Ratio (%) 0.00% 0.00 0.00%
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
Metric Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26
███▂▁▁▂▁ Net Interest Margin (%) 3.80% 3.81% 3.81% 3.57% 3.54% 3.55% 3.59% 3.53%
▇█▇▁▃▃▄▁ Return on Assets (%) 1.14% 1.19% 1.15% 0.95% 1.02% 1.03% 1.04% 0.96%
▃▁▃█▄▅▅█ Efficiency Ratio (%) 60.4% 58.9% 60.4% 64.6% 61.7% 62.1% 62.4% 64.1%
▁▃█▆██▇▅ Cost of Funds (%) 1.75% 1.80% 1.93% 1.87% 1.92% 1.92% 1.90% 1.85%
▁▁▂▅██▅▅ NPA / Assets (%) 1.34% 1.28% 1.55% 2.37% 3.26% 3.24% 2.50% 2.36%
▁▁▁▄██▆▅ Net Charge-Off Ratio (%) 1.31% 1.29% 1.60% 2.85% 4.08% 4.46% 3.32% 3.14%
▁▂▃▄▅▇██ Tang. Book Value ($M) $28 $28 $28 $29 $29 $30 $30 $30
█▆█▅▄▅▁▂ Gross Loans ($M) $86 $85 $86 $84 $84 $85 $82 $83
▁▄▂█▆▇▇█ Total Deposits ($M) $82 $84 $83 $87 $86 $86 $86 $88
Portfolio Composition — Q1'26
Loan Mix%
Real Estate90%
C&I / Commercial6%
Consumer4%
Deposit Mix%
Nonint.-Bearing Demand10%
Interest-Bearing (core)80%
Brokered / Other10%
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