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Farmers State Bank of Brush, The

Brush, CO · Cert 10407 · First Pioneer Bank Corp.

State charter, non-member · FDIC · 3 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

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 under $1B in assets operating in a single state (n=743 to 746). 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

86

Q2 2024Q2 2026peer median (50)

Asset Quality

87

Q2 2024Q2 2026peer median (50)

Profitability

30

Q2 2024Q2 2026peer median (50)

Liquidity

93

Q2 2024Q2 2026peer median

Efficiency

23

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

Farmers State Bank of Brush, The

Brush, CO · Cert 10407 · First Pioneer Bank Corp.

State charter, non-member · FDIC · 1 affiliate bank · 3 branches (5 in holding)

Q2 2026

$116.6MAssets
$70.6MLoans
$93.1MDeposits
$22.4MEquity
Loan mix
85%RE $46.0M12%C&I $6.5M3%Consumer $1.6MQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $70.2M25%Noninterest $22.9MQ2 2025Q2 2026

NIM

4.19%Q2 ’244.45%Q2 ’254.81%Q2 ’26+8%+21%

Non-interest income vs. expense

2.81%Q2 ’243.01%Q2 ’253.20%Q2 ’26+15%+6%

Executive Summary

  • Earnings: ROA of 0.78%, up 34 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.13% of loans (-2 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 20.13%, up 45 bps from a year ago.
  • Funding: loans stand at 75.86% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.78%+34 bps YoY

Net Interest Margin (YTD, annualized)

3.62%+64 bps YoY

Efficiency Ratio (YTD, annualized)

76.66%-943 bps YoY

Tier 1 Leverage Ratio

20.13%+45 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.43%0.55%0.55%0.74%0.78%+34 bps
Return on Equity2.35%2.95%2.94%3.77%3.98%+163 bps
Net Interest Margin2.98%3.07%3.15%3.54%3.62%+64 bps
Efficiency Ratio86.09%81.66%81.59%77.28%76.66%-943 bps
Non-Interest Burden2.49%2.40%2.46%2.61%2.65%+15 bps
Growth
Asset Growth (YoY)-2.45%-0.78%-0.99%-1.52%2.50%+496 bps
Loan Growth (YoY)3.36%2.24%-3.18%3.08%4.35%+99 bps
Deposit Growth (YoY)-3.92%-5.11%-1.73%-5.16%4.85%+877 bps
Asset Quality
Nonperforming Loans / Loans0.15%0.20%0.04%1.08%0.13%-2 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.14%1.14%1.17%1.13%1.08%-6 bps
Allowance Coverage of NPLs7.6x5.6x32.1x1.0x8.3x+0.7x
Capital
Tier 1 Leverage Ratio19.67%19.74%20.09%20.51%20.13%+45 bps
Total Risk-Based Capital19.67%19.74%20.09%20.51%20.13%+45 bps
Equity / Assets18.86%18.79%19.56%19.73%19.21%+35 bps
Liquidity & Funding
Loans / Deposits76.22%77.85%70.37%77.07%75.86%-36 bps
Liquid Assets / Assets1.61%1.58%2.16%2.08%2.01%+40 bps
CRE / Total Capitaln/a23.65%21.23%21.35%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

Farmers State Bank of Brush, The

Brush, CO · Cert 10407 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · First Pioneer Bank Corp.

State charter, non-member · FDIC · 1 affiliate bank · 3 branches (5 in holding)

Q2 2026

$116.6MAssets
$70.6MLoans
$93.1MDeposits
$22.4MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
  • Widest gap: return on equity trails 86% of banks under $1B in assets operating in a single state (rank 642 of 746).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

0.76%

Rank 540 of 746

Net Interest Margin

3.62%

Rank 395 of 746

Efficiency Ratio

76.66%

Rank 575 of 746

Equity / Assets

19.21%

Rank 42 of 746

Non-interest income vs. expense

$0.6M$3.7MINCOMEEXPENSE
Unfavorable gap of $3.1M · efficiency ratio beats 23% of banks under $1B in assets operating in a single state
Bank 76.66%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.76%0.72%1.06%1.45%Beats 28%540 / 746
Return on Equity3.95%6.74%10.51%13.63%Beats 14%642 / 746
Net Interest Margin3.62%3.17%3.68%4.16%Beats 47%395 / 746
Efficiency Ratio76.66%55.74%64.58%75.47%Beats 23%575 / 746
Asset Quality
Nonperforming Loans / Loans0.13%0.09%0.42%1.07%Beats 73%204 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio20.13%11.55%13.75%17.60%Beats 83%124 / 746
Total Risk-Based Capital Ratio20.13%11.71%14.33%18.43%Beats 81%140 / 746
Equity / Assets19.21%8.90%10.51%13.06%Beats 94%42 / 746
Liquidity & Funding
Loans / Deposits75.86%61.31%78.27%90.78%46th pctl406 / 746
Loans / Assets60.58%53.60%66.97%76.08%36th pctl476 / 746
Brokered Deposits / Depositsn/aNot reported for this institution