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First Bank

Tomah, WI · Cert 10007

FDIC · 5 branches

Q2 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2019, the quarter ended June 30, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Bank

Tomah, WI · Cert 10007

FDIC · 5 branches

Q2 2019

$310.3MAssets
$279.8MLoans
$269.6MDeposits
$28.5MEquity
Loan mix
84%RE $199.6M15%C&I $35.7M1%Consumer $1.3MQ2 2018Q2 2019
Deposit mix
75%Interest-bearing $201.5M25%Noninterest $68.1MQ2 2018Q2 2019

NIM

3.52%Q2 ’173.91%Q2 ’184.40%Q2 ’19+8%+3%

Non-interest income vs. expense

2.87%Q2 ’172.85%Q2 ’183.64%Q2 ’19+6%+51%

Market Position · Milwaukee-Waukesha, WI · 2019 SOD (annual) · 0.2% share · #32 of 46 inst. · $0.1B of $63.1B

5.4% Ozaukee
9.6% Monroe
3.8% Jefferson

Executive Summary

  • Earnings: ROA of 0.29%, down 71 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.25% of loans (-11 bps YoY), with net charge-offs at 0.05%.
  • Capital: tier 1 leverage ratio of 8.98%, down 20 bps from a year ago.
  • Funding: loans stand at 103.78% of deposits as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

0.29%-71 bps YoY

Net Interest Margin (YTD, annualized)

3.60%+9 bps YoY

Efficiency Ratio (YTD, annualized)

88.98%+2,253 bps YoY

Tier 1 Leverage Ratio

8.98%-20 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets1.00%1.09%1.11%0.67%0.29%-71 bps
Return on Equity11.07%12.08%12.32%7.33%3.21%-786 bps
Net Interest Margin3.50%3.53%3.49%3.56%3.60%+9 bps
Efficiency Ratio66.45%64.19%63.52%76.80%88.98%+2,253 bps
Non-Interest Burden2.09%2.01%1.97%2.63%3.16%+107 bps
Growth
Asset Growth (YoY)5.84%12.24%11.30%11.68%7.18%+134 bps
Loan Growth (YoY)13.21%20.80%15.89%14.83%14.29%+109 bps
Deposit Growth (YoY)4.27%12.82%11.17%14.84%9.29%+502 bps
Asset Quality
Nonperforming Loans / Loans0.37%0.33%0.19%0.26%0.25%-11 bps
Net Charge-Offs / Loans-0.03%-0.05%-0.03%0.01%0.05%+9 bps
Allowance / Loans0.93%0.91%0.88%0.85%0.82%-11 bps
Allowance Coverage of NPLs2.5x2.8x4.6x3.3x3.2x+0.7x
Capital
Tier 1 Leverage Ratio9.18%9.24%9.30%9.14%8.98%-20 bps
Total Risk-Based Capital12.40%11.98%11.92%11.60%11.67%-74 bps
Equity / Assets9.05%8.86%9.18%8.99%9.20%+15 bps
Liquidity & Funding
Loans / Deposits99.23%96.83%102.79%100.42%103.78%+455 bps
Liquid Assets / Assets0.45%0.44%0.44%0.49%0.51%+6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a