Civista Bancshares (CIVB) investor relations material

Executive summary

• Net income for Q2 2026 was $14.3 million ($0.69 per diluted share), up 30% year-over-year but down sequentially, with strong pre-provision net revenue and improved efficiency.

• The FSB acquisition in November 2025 added $268.1–$285 million in assets and $236.1 million in deposits, supporting organic and inorganic growth.

• Leadership transition announced: Dennis Shaffer retiring as CEO in August 2026, with Chuck Parcher to succeed.

• Maintained a strong community banking franchise with a diversified revenue mix and leading deposit market share in core Ohio markets.

Financial highlights

• Net interest income for Q2 2026 was $38.6 million, up 10.9% year-over-year; net interest margin expanded to 3.89%.

• Non-interest income for Q2 was $9 million, up 36.7% year-over-year; non-interest expense was $28.7 million, up 4.3%.

• Efficiency ratio improved to 58.2%, down from 64.5% a year ago.

• Tangible book value per share increased to $20.43, seventh consecutive quarterly rise.

• Total assets at June 30, 2026 were $4.29 billion; loan-to-deposit ratio was 94.1%.

Outlook and guidance

• Expect mid-single digit loan growth for the remainder of 2026, supported by robust pipelines and lower anticipated payoffs.

• Non-interest expense projected at $29.6–$30 million for Q3 and Q4.

• Net interest margin expected to remain flat in Q3, with slight expansion possible in Q4.

• Core fee income expected at $9–$9.3 million in Q3, flat in Q4.

• Projected total shareholder return of 10–12%, driven by tangible book value growth and stable dividends.