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First State Bank of Shelby, The

Shelby, MT · Cert 11013 · Prairie Bancshares Corp.

State charter, non-member · FDIC · 1 branch

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

82

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

34

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

74

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 State Bank of Shelby, The

Shelby, MT · Cert 11013 · Prairie Bancshares Corp.

State charter, non-member · FDIC · 1 branch

Q2 2026

$175.6MAssets
$24.6MLoans
$148.5MDeposits
$26.4MEquity
Loan mix
64%RE $9.1M31%C&I $4.3M6%Consumer $0.8MQ2 2025Q2 2026
Deposit mix
57%Interest-bearing $84.8M43%Noninterest $63.6MQ2 2025Q2 2026

NIM

3.26%Q2 ’243.37%Q2 ’253.39%Q2 ’26+15%+14%

Non-interest income vs. expense

1.46%Q2 ’241.52%Q2 ’251.39%Q2 ’26+6%-9%

Executive Summary

  • Earnings: ROA of 1.28%, up 58 bps year over year; NIM at 2.26%.
  • Asset quality: problem loans at 0.00% of loans (-1 bps YoY), with net recoveries of 0.55%.
  • Capital: tier 1 leverage ratio of 19.38%, down 149 bps from a year ago.
  • Funding: loans stand at 16.54% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.28%+58 bps YoY

Net Interest Margin (YTD, annualized)

2.26%+27 bps YoY

Efficiency Ratio (YTD, annualized)

56.09%-1,229 bps YoY

Tier 1 Leverage Ratio

19.38%-149 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.69%0.77%0.73%1.26%1.28%+58 bps
Return on Equity4.57%5.03%4.71%8.14%8.33%+377 bps
Net Interest Margin1.99%2.03%2.01%2.21%2.26%+27 bps
Efficiency Ratio68.38%65.51%68.37%56.50%56.09%-1,229 bps
Non-Interest Burden1.29%1.24%1.30%1.15%1.18%-11 bps
Growth
Asset Growth (YoY)1.46%5.50%3.27%5.84%10.39%+893 bps
Loan Growth (YoY)-6.37%-7.10%-2.09%2.25%0.20%+657 bps
Deposit Growth (YoY)8.13%11.59%1.98%5.89%10.95%+282 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.24%0.02%0.00%0.00%-1 bps
Net Charge-Offs / Loans0.02%0.01%-0.03%0.00%-0.55%-56 bps
Allowance / Loans0.32%0.31%0.16%0.09%0.13%-19 bps
Allowance Coverage of NPLs39.5x1.3x7.8xn/an/an/a
Capital
Tier 1 Leverage Ratio20.87%20.84%19.31%19.69%19.38%-149 bps
Total Risk-Based Capital20.87%20.84%19.31%19.69%19.38%-149 bps
Equity / Assets15.48%15.98%15.68%15.28%15.01%-47 bps
Liquidity & Funding
Loans / Deposits18.32%18.55%18.06%15.90%16.54%-178 bps
Liquid Assets / Assets40.11%37.27%38.41%39.11%38.78%-133 bps
CRE / Total Capitaln/a9.33%9.38%9.26%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 State Bank of Shelby, The

Shelby, MT · Cert 11013 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Prairie Bancshares Corp.

State charter, non-member · FDIC · 1 branch

Q2 2026

$175.6MAssets
$24.6MLoans
$148.5MDeposits
$26.4MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 105 of 743).
  • Widest gap: net interest margin trails 96% of banks under $1B in assets operating in a single state (rank 714 of 746).
  • Overall: at or above the peer median on 7 of 9 directional measures.

Return on Assets

1.23%

Rank 275 of 746

Net Interest Margin

2.26%

Rank 714 of 746

Efficiency Ratio

56.09%

Rank 196 of 746

Equity / Assets

15.01%

Rank 97 of 746

Non-interest income vs. expense

$0.4M$2.4MINCOMEEXPENSE
Unfavorable gap of $2.0M · efficiency ratio beats 74% of banks under $1B in assets operating in a single state
Bank 56.09%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.23%0.72%1.06%1.45%Beats 63%275 / 746
Return on Equity8.22%6.74%10.51%13.63%Beats 35%486 / 746
Net Interest Margin2.26%3.17%3.68%4.16%Beats 4%714 / 746
Efficiency Ratio56.09%55.74%64.58%75.47%Beats 74%196 / 746
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.42%1.07%Beats 100%105 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio19.38%11.55%13.75%17.60%Beats 81%143 / 746
Total Risk-Based Capital Ratio19.38%11.71%14.33%18.43%Beats 79%154 / 746
Equity / Assets15.01%8.90%10.51%13.06%Beats 87%97 / 746
Liquidity & Funding
Loans / Deposits16.54%61.31%78.27%90.78%1st pctl740 / 746
Loans / Assets13.98%53.60%66.97%76.08%1st pctl739 / 746
Brokered Deposits / Depositsn/aNot reported for this institution