PackageTrendsPeer
Letter portraitLegal landscape

First International Bank and Trust

Watford City, ND · Cert 10248 · Watford City Bancshares Inc.

State charter, non-member · FDIC · 28 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating regionally3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating regionally (n=176). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

18

Q2 2024Q2 2026peer median (50)

Asset Quality

18

Q2 2024Q2 2026peer median (50)

Profitability

47

Q2 2024Q2 2026peer median (50)

Liquidity

87

Q2 2024Q2 2026peer median

Efficiency

18

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

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 International Bank and Trust

Watford City, ND · Cert 10248 · Watford City Bancshares Inc.

State charter, non-member · FDIC · 28 branches

Q2 2026

$6.2BAssets
$5.0BLoans
$5.5BDeposits
$517.7MEquity
Loan mix
74%RE $3.3B24%C&I $1.1B1%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $4.1B25%Noninterest $1.3BQ2 2025Q2 2026

NIM

5.64%Q2 ’245.58%Q2 ’255.54%Q2 ’26+7%+1%

Non-interest income vs. expense

3.00%Q2 ’243.14%Q2 ’253.34%Q2 ’26+14%+14%

Market Position · Fargo, ND-MN · 2026 SOD (annual) · 11.9% share · #2 of 32 inst. · $1.5B of $12.9B

12.3% Cass
73.6% McKenzie
0.4% Maricopa
15.4% Ward

Executive Summary

  • Earnings: ROA of 0.96%, down 61 bps year over year; NIM at 3.83%.
  • Asset quality: problem loans at 1.54% of loans (-39 bps YoY), with net charge-offs at 0.20%.
  • Capital: tier 1 leverage ratio of 9.06%, down 25 bps from a year ago.
  • Funding: loans stand at 91.33% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.96%-61 bps YoY

Net Interest Margin (YTD, annualized)

3.83%+2 bps YoY

Efficiency Ratio (YTD, annualized)

70.42%+541 bps YoY

Tier 1 Leverage Ratio

9.06%-25 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.57%1.41%1.38%1.00%0.96%-61 bps
Return on Equity18.64%16.71%16.40%11.87%11.40%-724 bps
Net Interest Margin3.81%3.77%3.75%3.77%3.83%+2 bps
Efficiency Ratio65.01%65.65%65.93%67.99%70.42%+541 bps
Non-Interest Burden2.16%2.17%2.18%2.30%2.46%+30 bps
Growth
Asset Growth (YoY)1.78%5.57%12.98%10.47%12.36%+1,058 bps
Loan Growth (YoY)2.64%4.76%7.82%9.80%9.35%+671 bps
Deposit Growth (YoY)-0.65%4.50%12.32%9.74%13.67%+1,432 bps
Asset Quality
Nonperforming Loans / Loans1.93%1.83%1.85%1.62%1.54%-39 bps
Net Charge-Offs / Loans0.01%0.06%0.04%0.35%0.20%+19 bps
Allowance / Loans1.05%1.05%1.09%1.05%1.04%-1 bps
Allowance Coverage of NPLs0.5x0.6x0.6x0.6x0.7x+0.1x
Capital
Tier 1 Leverage Ratio9.31%9.17%9.29%9.32%9.06%-25 bps
Total Risk-Based Capital12.06%11.92%12.05%12.16%11.71%-35 bps
Equity / Assets8.50%8.55%8.29%8.59%8.38%-11 bps
Liquidity & Funding
Loans / Deposits94.94%93.07%86.69%89.72%91.33%-361 bps
Liquid Assets / Assets1.48%2.97%8.65%5.76%4.30%+283 bps
CRE / Total Capitaln/a403%399%390%n/an/a

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. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

First International Bank and Trust

Watford City, ND · Cert 10248 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · Watford City Bancshares Inc.

State charter, non-member · FDIC · 28 branches

Q2 2026

$6.2BAssets
$5.0BLoans
$5.5BDeposits
$517.7MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 69% of banks $1B-$10B in assets operating regionally (rank 54 of 176).
  • Widest gap: equity / assets trails 87% of banks $1B-$10B in assets operating regionally (rank 154 of 176).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.95%

Rank 128 of 176

Net Interest Margin

3.83%

Rank 54 of 176

Efficiency Ratio

70.97%

Rank 146 of 176

Equity / Assets

8.38%

Rank 154 of 176

Non-interest income vs. expense

$53.7M$204.2MINCOMEEXPENSE
Unfavorable gap of $150.4M · efficiency ratio beats 18% of banks $1B-$10B in assets operating regionally
Bank 70.97%Peer median 59.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.95%0.93%1.26%1.54%Beats 27%128 / 176
Return on Equity11.37%9.26%11.89%14.46%Beats 45%96 / 176
Net Interest Margin3.83%3.25%3.59%3.93%Beats 69%54 / 176
Efficiency Ratio70.97%52.79%59.55%67.66%Beats 18%146 / 176
Asset Quality
Nonperforming Loans / Loans1.54%0.30%0.64%1.32%Beats 15%150 / 176
Net Charge-Offs / Loans0.11%0.01%0.04%0.10%Beats 21%140 / 176
Capital
Tier 1 Capital Ratio10.68%11.15%12.72%14.15%Beats 19%143 / 176
Total Risk-Based Capital Ratio11.71%11.81%13.63%15.33%Beats 23%136 / 176
Equity / Assets8.38%9.16%10.35%11.80%Beats 13%154 / 176
Liquidity & Funding
Loans / Deposits91.33%80.94%89.73%97.21%56th pctl77 / 176
Loans / Assets80.78%69.25%75.12%80.82%74th pctl46 / 176
Brokered Deposits / Depositsn/aNot reported for this institution