# EDGAR Filing Document

**Accession Number:** 0000767405
**File Stem:** 0001213900-26-046506
**Filing Date:** 2026-4
**Character Count:** 20706
**Document Hash:** 767ae9e185c7211b84d965cba0fd6557
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-046506.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0001213900-26-046506

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 49

**CONFORMED PERIOD OF REPORT**: 20260422

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260422

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SB FINANCIAL GROUP, INC.
- **CENTRAL INDEX KEY:** 0000767405
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 341395608
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36785
- **FILM NUMBER:** 26882553

**BUSINESS ADDRESS:**
- **STREET 1:** 401 CLINTON ST
- **CITY:** DEFIANCE
- **STATE:** OH
- **ZIP:** 43512
- **BUSINESS PHONE:** 4197838930

**MAIL ADDRESS:**
- **STREET 1:** 401 CLINTON STREET
- **STREET 2:** PO BOX 467
- **CITY:** DEFIANCE
- **STATE:** OH
- **ZIP:** 43512

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RURBAN FINANCIAL CORP
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported) <u>April 22, 2026 (April 22, 2026)</u> 

---

| |
|:---|
| **SB FINANCIAL GROUP, INC** |
| (Exact name of registrant as specified in its charter) |

---

<u>Ohio</u> <u>001-36785</u> <u>34-1395608</u> <br> (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

<u>401 Clinton Street, Defiance, OH</u> <u>43512</u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code <u>(419) 783-8950</u>

<u>Not Applicable</u> <br> (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 1 4a- 12 under the Exchange Act (17 CFR 240.1 4a- 12)

☐ Pre-commencement communications pursuant to Rule 1 4d-2(b) under the Exchange Act (17 CFR 240.1 4d-2(b))

☐ Pre-commencement communications pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Title of each class | &nbsp;&nbsp;Trading symbol(s) | &nbsp;&nbsp;Name of each exchange on which registered |
| &nbsp;&nbsp;Common Shares, No Par Value 6,281,820 Outstanding at April 22, 2026 | &nbsp;&nbsp;SBFG | &nbsp;&nbsp;The NASDAQ Stock Market, LLC<br> (NASDAQ Capital Market) |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

<u>Item 7.01. Regulation FD Disclosure</u>.

The management of SB Financial Group, Inc. (the "Company") will make a presentation at the Company's Annual Meeting of Shareholders on April 22, 2026. The slides that will accompany the presentation are furnished in this Current Report on Form 8-K, pursuant to this Item 7.01, as Exhibit 99.1, and are incorporated herein by reference.

The information in this Item 7.01, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act or the Exchange Act, except as otherwise stated in such filing.

<u>Item 9.01. Financial Statements and Exhibits</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not Applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not Applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Not Applicable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | [Slide presentation for the Annual Meeting of Shareholders of SB Financial Group, Inc. on April 22, 2026 (furnished pursuant to Item 7.01 hereof)](ea028732101ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | SB FINANCIAL GROUP, INC. | SB FINANCIAL GROUP, INC. |
| Dated: April 22, 2026 | By: | /s/ Anthony V. Cosentino |
|  |  | Anthony V. Cosentino |
|  |  | Executive Vice President and Chief Financial Officer |

---

INDEX TO EXHIBITS

Current Report on Form 8-K

Dated April 22, 2026

SB Financial Group, Inc.

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | [Slide presentation for the Annual Meeting of Shareholders of SB Financial Group, Inc. on April 22, 2026 (furnished pursuant to Item 7.01 hereof)](ea028732101ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ea028732101_ex99-1img1.jpg)

1 1

![](ea028732101_ex99-1img2.jpg)

2025 Highlights Leading with Vision, Growing with Purpose • Net income of $14.0 million or $2.19/share • Deposit growth of $155 million or 13.4% • Loan growth of $134 million or 12.8% • ROAA of 0.93% , ROAE of 10.38% ROA TCE of 13.22% • $278 million Residential Real Estate loans • Grew Wealth Management AUM by $18 million • Asset Quality Strong with NPAs covered by 344% • NIM elevated to 3.47% as we increased core deposits in all eight legacy markets • Received the Piper Sandler Small Cap All Star Award 2

![](ea028732101_ex99-1img3.jpg)

• Adjusted Tangible Book Value expanded to $21.44 , up $2.00 /share or 12.5% • Returned Capital to our Stockholders • Market Cap rose $3 Million to $139 Million • Operating Revenue expanded by $8.6 Million • Marblehead Bank integrated into State Bank • Expanded our reach into new markets 2025 Highlights Leading with Vision, Growing with Purpose 3

![](ea028732101_ex99-1img4.jpg)

2.75 2.50 2.25 2.00 1.75 1.50 1.25 1.00 0.75 0.50 0.25 0.00 0.00 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2020 2021 2022 2023 Peer Group Top Quartile\* (L) 2024 2025 SBFG - EPS (R) EPS ($/Share) ROAA (%) SBFG (L) \* Peer group consists of S&P 2025 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $1.0 billion and $2.77 billion. Peer Ranking\* 77th Return On Average Assets (ROAA) 83rd 48th 62nd 62nd 60th 4

![](ea028732101_ex99-1img5.jpg)

RRE $2.0M / 14% Retail/PCG $1.7M / 12% Peak $0.6M / 4% Commercial/SBA $8.9M / 64% WM $0.8M / 6% CONTRIBUTIONS 2025 ASSETS UNDER MANAGEMENT $3.6 BILLION NET INCOME 2025 NET INCOME $14.0 MILLION COMPRISED OF: • $1.6B Commercial Bank • $1.5B Residential Sold Portfolio • $566M Wealth Management • EPS $2.19/Share Unique Qualities 5

![](ea028732101_ex99-1img6.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 6

![](ea028732101_ex99-1img7.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 70

![](ea028732101_ex99-1img8.jpg)

Increase Profitability THROUGH DIVERSIFICATION OF REVENUE STREAMS $0 $5 $10 $20 $0 $15 $30 $45 $60 $75 2020 2021 2022 2023 2024 2025 NET INCOME REVENUE (MIL) TOTAL REVENUE/NET INCOME Title Revenue Other SBA $15 Mortgage Service Charges Wealth Management Net Interest Margin Net Income 45.6% $66.1 Fee/Revenue 44.8% 31.5% $68.6 $57.6 31.1% $57.0 8 29.9% $56.9 26.1% $65.6

![](ea028732101_ex99-1img9.jpg)

\* Peer group consists of S&P Capital 2025 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $1.0 billion and $2.77 billion 50.0% 45.0% 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 2020 2021 SBFG 2022 Peer Median\* 2025 PERCENTAGE NON - INTEREST INCOME/ REVENUE 2023 2024 Peer 75th\* Increase Profitability THROUGH DIVERSIFICATION OF REVENUE STREAMS 9

![](ea028732101_ex99-1img10.jpg)

$694 $600 $313 $216 $261 $278 $0 $100 $200 $300 $400 $500 $600 $700 $800 $0 $5 $10 $15 $20 $25 $30 2020 NW Ohio 2021 Columbus 2022 Findlay 2023 Indy MORTGAGE VOLUME (MIL) MORTGAGE GAIN ON SALE (MIL) MORTGAGE GAIN ON SALE/VOLUME 2024 2025 Total $ Originations Cincinnati Increase Profitability THRO UGH DIVERSIFICATION OF REVENUE STREAMS 10

![](ea028732101_ex99-1img11.jpg)

Increase Profitability $558 $618 $507 $502 $548 $565 $3.3 $3.8 $3.7 $3.5 $3.5 $3.5 $3.0 $3.1 $3.2 $3.3 $3.4 $3.5 $3.6 $3.7 $3.8 $3.9 $0 $100 $200 $300 $400 $500 $600 $700 2020 2021 2022 AUM (L) 2023 Revenue (R) 2024 2025 Wealth Management Revenue ($M) Wealth Management AUM ($M) THROUGH DIVERSIFICATION OF REVENUE STREAMS WEALTH MANAGEMENT AUM AND REVENUE GROWTH 11

![](ea028732101_ex99-1img12.jpg)

Increase Profitability $35,930 $37,884 $39,399 $39,273 $39,922 $48,453 3.35% 3.06% 3.22% 3.16% 3.16% 3.47% 3.60% 3.50% 3.40% 3.30% 3.20% 3.10% 3.00% 2.90% 2.80% $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 2020 2021 2025 Net Interest Margin Net Interest Income (000's) Net Interest Income and Margin 2022 2023 Net Interest Income (L) 2024 NIM (R) 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2022 2025 Deposit Costs THRO UGH DIVERSIFICATION OF REVENUE STREAMS Liability Cost Trends 2020 2021 Interest Bearing Deposit Costs 2023 Total Deposit Costs 2024 Cost of Funds 2.35% 1.78% 1.91% 12

![](ea028732101_ex99-1img13.jpg)

Increase Profitability THROUGH DIVERSIFICATION OF REVENUE STREAMS $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 2020 2025 Net Income Revenue PEAK TITLE AGENCY 2021 2022 Revenue (L) 2023 2024 Net Income (R) 13

![](ea028732101_ex99-1img14.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 14

![](ea028732101_ex99-1img15.jpg)

Marblehead Bank Acquisition 15

![](ea028732101_ex99-1img16.jpg)

$1,049 $1,113 $1,087 $1,070 $1,153 $1,307 $0 $500 $1,000 $1,500 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y $14.9 $18.3 $12.5 $12.1 $11.5 $14.0 $0 $7 $14 $21 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y $873 $830 $962 $1,000 $1,047 $1,181 $0 $500 $1,000 $1,500 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y $1,258 $1,331 $1,336 $1,343 $1,380 $1,545 $0 $550 $1,100 $1,650 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y TOTAL ASSETS ($M) Proven Growth History TOTAL LOANS ($M) TOTAL DEPOSITS ($M) NET INCOME ($M) 4.2% Asset Growth CAGR 12/31/2020 – 12/31/2025 16 6.2% Loan Growth CAGR 12/31/2020 – 12/31/2025 4.5% Deposit Growth CAGR 12/31/2020 – 12/31/2025 - 1.3% Earnings Growth CAGR 12/31/2020 – 12/31/2025

![](ea028732101_ex99-1img17.jpg)

Loans (Net) 75% Securities 13% Cash & Due 5% Other 7% Commercial RE 50% HELOC 6% 1 - 4 Family 26% Agriculture 6% C&I 10% Consumer & Other 2% LOAN PORTFOLIO = $1.18 BILLION Strengthen Market Penetration IN ALL MARKETS SERVED Loan to Deposit December 2025 – 90% Top Quartile Performance TOTAL ASSETS = $1.55 BILLION 17

![](ea028732101_ex99-1img18.jpg)

Borrowings 5% Deposits 85% Capital 9% Other 1% Time 21% MMDA 21% Savings 23% Interest Bearing 16% Non - Interest 19% DEPOSIT PORTFOLIO = $1.31 BILLION Strengthen Market Penetration IN ALL MARKETS SERVED Transactional deposits = 79% of total deposits Average cost of deposits = 178 bps\* TOTAL FUNDING SOURCES $1.55 BILLION \*December 2025 18

![](ea028732101_ex99-1img19.jpg)

Strengthen Market Penetration IN ALL MARKETS SERVED $824,598 $956,541 $895,785 $814,696 $893,388 $1,033,944 $229,549 $156,504 $140,880 $255,509 $259,217 $273,300 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 2025 (000's) Deposits 2020 2021 2022 Transaction Deposits 2023 2024 Time Deposits Total Deposits $1.31 B 19

![](ea028732101_ex99-1img20.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 20

![](ea028732101_ex99-1img21.jpg)

BOWLING GREEN, TOLEDO & LAKE ERIE FULTON, WILLIAMS COUNTIES & ANGOLA Randy L. Moyer Tyson R. Moss Shaun N. Mack FINDLAY DEFIANCE, PAULDING & NAPOLEON Paul R. Fultz Stefan R. Hartman FORT WAYNE COLUMBUS Adam V. Graessle Expand Product Utilization 21 BY NEW AND EXISTING CUSTOMERS STRONG MARKET LEADERSHIP LIMA Andy S. Farley

![](ea028732101_ex99-1img22.jpg)

Expand Product Utilization 2,109 2,322 2,525 2,805 3,347 3,925 0 1,000 4,000 3,000 2,000 2020 2024 2025 BY NEW AND EXISTING CUSTOMERS Business Online Banking Users 16,265 15,404 15,030 14,410 14,717 13,970 17,000 16,000 15,000 14,000 13,000 12,000 2020 2021 2022 2023 2024 2025 2021 2022 2023 Retail Online Banking Users 22

![](ea028732101_ex99-1img23.jpg)

800 700 600 500 400 300 200 100 0 20.0 19.0 18.0 17.0 16.0 15.0 14.0 13.0 12.0 11.0 10.0 2021 2022 2023 2024 2025 IN - OFFICE TRANSACTIONS PER YEAR (000's) ELECTRONIC TRANSACTIONS PER YEAR (Million) ELECTRONIC TRANSACTIONS & IN - OFFICE TRANSACTIONS Electronic Transactions (L) In - Office Transactions (R) Acceleration of electronic transactions versus in - office transactions Expand Product Utilization BY NEW AND EXISTING CUSTOMERS 23

![](ea028732101_ex99-1img24.jpg)

1,636 1,312 1,409 1,364 1,514 1,395 811 607 737 761 890 734 $99.5 $79.3 $81.6 $85.3 $92.2 $92.4 $0 $20 $40 $60 $80 $100 $120 0 700 1,400 2,100 2020 2021 2022 2023 2024 2025 New Business (R) NEW BUSINESS (MIL) REFERRALS REFERRALS & NEW BUSINESS Gross (L) Closed (L) Expand Product Utilization BY NEW AND EXISTING CUSTOMERS 24

![](ea028732101_ex99-1img25.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 25

![](ea028732101_ex99-1img26.jpg)

$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 2020 2021 2022 Insured Deposits (L) 2025 CONTINGENCY LIQUIDITY ($000s) (Cash & FHLB Capacity) INSURED DEPOSITS ($000s) LIQUIDITY vs. INSURED DEPOSITS 2023 2024 Contingency Liquidity (R) Deliver Gains in Operation Excellence % Insured of Total Deposits 79.5% 78.7% 79.7% 78.6% 26 75.7% 74.1%

![](ea028732101_ex99-1img27.jpg)

Deliver Gains in Operation Excellence $1,299,697 $1,362,961 $1,352,016 $1,366,667 $1,427,318 $1,479,982 8,543 8,614 8,514 8,549 8,750 8,886 0 1,000 7,000 6,000 5,000 4,000 3,000 2,000 8,000 9,000 10,000 $0 $250,000 $500,000 $750,000 $1,000,000 $1,250,000 $1,500,000 2023 2024 2025 Number of Loans Serviced (R) NUMBER OF LOANS $ OF LOANS ($000s) 2020 2021 2022 Servicing Portfolio (L) 5 - YEAR CAGR OF 3.0% MORTGAGE SERVICING PORTFOLIO 27

![](ea028732101_ex99-1img28.jpg)

Deliver Gains in Operation Excellence 14.2% 15.2% 14.7% 14.7% 14.7% 13.0% 0.0 9.0 6.0 3.0 12.0 15.0 18.0 2020 2021 2022 Total Risk Based Capital 2025 RATIO (%) TOTAL RISK BASED CAPITAL 2023 2024 Well Capitalized 63% above well capitalized minimum 28

![](ea028732101_ex99-1img29.jpg)

$10.39 $11.59 $13.27 $15.39 $15.23 $16.30 $17.60 $17.95 $19.42 $20.66 $21.44 $1.19 $1.38 $1.51 $1.51 $1.96 $2.56 $1.77 $1.75 $1.72 $2.19 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $0.00 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 $18.00 $20.00 $22.00 Earnings Per Share Tangible Book Value 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TBV\* (L) EPS (R) \*Adjusted for AOCI Deliv er Gains in Operation Excellence Tax Change $1.74 TBV AND EPS PERFORMANCE TBV 29 CAGR of 5.1%

![](ea028732101_ex99-1img30.jpg)

Deliver Gains in Operation Excellence Dividend Payout Ratio 20.41% 17.19% 27.12% 29.71% 32.56% 27.37% 0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 Percent 2020 2021 2022 2023 2024 2025 Payout Ratio Average Annual Dividend 0.20 0.24 0.28 0.33 0.36 0.40 0.44 0.48 0.52 0.56 0.60 0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 Dollars 10 YEAR CAGR OF 9.6% 30

![](ea028732101_ex99-1img31.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 31

![](ea028732101_ex99-1img32.jpg)

Sustain Asset Quality \* Peer group consists of S&P Capital 2025 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $1.0 billion and $2.77 billion. 0.58% 0.49% 0.38% 0.25% 0.40% 0.30% 0.49% 0.41% 0.40% 0.23% 0.28% 0.41% 0.22% 0.19% 0.20% 0.13% 0.11% 0.16% 0.00% 0.50% NON - PERFORMING ASSETS / TOTAL ASSETS 1.00% 2020 2023 2024 2025 PERCENTAGE SBFG 2021 2022 Peer Group Median\* Top Quartile\* 32

![](ea028732101_ex99-1img33.jpg)

Sustain Asset Quality \* Peer group consists of S&P Capital 2025 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $1.0 billion and $2.77 billion. - 0.05% 0.00% 0.05% 0.10% 2020 2021 2024 2025 NCOs/ AVERAGE LOANS SBFG 2022 2023 Peer Median\* Top Quartile\* PERCENTAGE 33

![](ea028732101_ex99-1img34.jpg)

0 600 500 400 300 200 100 2020 2021 2024 2025 PERCENTAGE RESERVE TO NON - PERFORMING LOANS SBFG 2022 Median 2023 Top Quartile Sus tain Asset Quality \* Peer group consists of S&P Capital 2025 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $1.0 billion and $2.77 billion. 34

![](ea028732101_ex99-1img35.jpg)

Sustain Asset Quality 1.80 1.60 1.40 1.20 1.00 0.80 0.60 0.40 0.20 0.00 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 2020 2021 2022 2023 2024 2025 Coverage (%) Reserves (Mil $) LOAN LOSS RESERVE Reserves (L) Coverage (R) 75th Percentile (R) $1.4M Added 1/1/23 – CECL Adoption \* Peer group consists of S&P Capital 2025 data for 65 publicly traded bank holding companies in the U.S. on a major exchange with assets between $1.0 billion and $2.77 billion. 35

![](ea028732101_ex99-1img36.jpg)

Sustain Asset Quality 2.06% 2.42% 1.30% 0.90% 0.62% 0.49% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% $0 $5,000 $10,000 $15,000 $20,000 $25,000 2020 2021 Special Mention (L) 2022 2023 Classified (L) 2024 Criticized (R) 2025 (000's) Criticized Loans $17,995 $20,106 $12,543 $9,030 $6,439 $5,744 36

![](ea028732101_ex99-1img37.jpg)

Key Initiatives Become a Russell 2000, High - Performing Financial Services Conglomerate Increase profitability through ongoing diversification of revenue streams Strengthen penetration in all markets served Expand product service utilization by new and existing customers Deliver gains in operational excellence Sustain asset quality 37