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State Bank Financial

La Crosse, WI · Cert 10383 · First Bcorp Inc.

State charter, Fed member · FED · 5 branches

Q2 2026

$512.1MAssets
$347.6MLoans
$439.0MDeposits
$47.9MEquity
Loan mix
84%RE $264.4M15%C&I $46.6M1%Consumer $2.5MQ2 2025Q2 2026
Deposit mix
98%Interest-bearing $428.7M2%Noninterest $10.4MQ2 2025Q2 2026

NIM

4.48%Q2 ’244.60%Q2 ’254.81%Q2 ’26+4%+13%

Non-interest income vs. expense

2.08%Q2 ’242.01%Q2 ’252.03%Q2 ’26+1%+1%

Financial Results

Return on Assets (quarter, annualized)

1.11%+21 bps YoY

Net Interest Margin (quarter, annualized)

3.11%+37 bps YoY

Efficiency Ratio (quarter, annualized)

57.69%-603 bps YoY

Tier 1 Leverage Ratio

9.94%+28 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Return on Assets0.90%0.99%1.25%0.85%1.11%+21 bps
Net Interest Margin2.74%2.84%3.01%2.88%3.11%+37 bps
Non-Interest Burden1.58%1.58%1.61%1.80%1.60%+2 bps
Loan Growth (YoY)7.60%14.42%12.39%7.05%15.21%+761 bps
Nonperforming Loans / Loans0.26%0.21%0.11%0.11%0.11%-15 bps
Allowance / Loans1.00%0.92%0.86%0.88%0.87%-13 bps
Tier 1 Leverage Ratio9.65%9.73%9.87%9.74%9.94%+28 bps
Equity / Assets8.43%8.81%9.00%8.76%9.36%+92 bps
Liquid Assets / Assets8.54%6.46%5.65%10.42%2.03%-651 bps