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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

$175.6MAssets
$24.6MLoans
$148.5MDeposits
$26.4MEquity
Loan mix
64%RE $9.1M31%C&I $4.3M6%Consumer $0.8MQ3 2024Q2 2026
Deposit mix
57%Interest-bearing $84.8M43%Noninterest $63.6MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.30%, up 56 bps year over year; NIM at 2.38%.
  • Asset quality: problem loans at 0.00% of loans (-1 bps YoY), with net recoveries of 1.09%.
  • 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.

Return on Assets (quarter, annualized)

1.30%+56 bps YoY

Net Interest Margin (quarter, annualized)

2.38%+32 bps YoY

Efficiency Ratio (quarter, annualized)

55.72%-1,117 bps YoY

Tier 1 Leverage Ratio

19.38%-149 bps YoY

NIM

3.30%Q2 ’243.45%Q2 ’253.51%Q2 ’26+15%+16%

Non-interest income vs. expense

1.46%Q2 ’241.54%Q2 ’251.45%Q2 ’26+10%-5%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.37%0.10%0.65%0.73%0.94%0.58%1.26%1.30%+56 bps
Return on Equity2.26%0.66%4.34%4.75%5.99%3.68%8.14%8.55%+381 bps
Net Interest Margin1.85%1.90%1.94%2.06%2.16%2.25%2.21%2.38%+32 bps
Efficiency Ratio76.06%87.88%69.98%66.89%60.43%75.87%56.50%55.72%-1,117 bps
Non-Interest Burden1.35%1.64%1.29%1.30%1.18%1.65%1.15%1.23%-7 bps
Growth
Asset Growth (YoY)-6.70%-3.52%-1.28%1.46%5.50%3.27%5.84%10.39%+893 bps
Loan Growth (YoY)10.97%10.04%-0.42%-6.37%-7.10%-2.09%2.25%0.20%+657 bps
Deposit Growth (YoY)2.19%13.66%14.15%8.13%11.59%1.98%5.89%10.95%+282 bps
Asset Quality
Nonperforming Loans / Loans0.03%0.02%0.03%0.01%0.24%0.02%0.00%0.00%-1 bps
Net Charge-Offs / Loans0.00%0.02%0.02%0.02%0.00%-0.16%0.00%-1.09%-111 bps
Allowance / Loans0.40%0.37%0.36%0.32%0.31%0.16%0.09%0.13%-19 bps
Allowance Coverage of NPLs12.2x15.8x13.3x39.5x1.3x7.8xn/an/an/a
Capital
Tier 1 Leverage Ratio20.90%20.81%20.94%20.87%20.84%19.31%19.69%19.38%-149 bps
Total Risk-Based Capital20.90%20.81%20.94%20.87%20.84%19.31%19.69%19.38%-149 bps
Equity / Assets16.93%14.64%15.39%15.48%15.98%15.68%15.28%15.01%-47 bps
Liquidity & Funding
Loans / Deposits22.29%18.82%16.47%18.32%18.55%18.06%15.90%16.54%-178 bps
Liquid Assets / Assets35.99%41.66%44.30%40.11%37.27%38.41%39.11%38.78%-133 bps
CRE / Total Capitaln/an/an/an/a9.33%9.38%9.26%n/an/a