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First State Bank of Forrest

Forrest, IL · Cert 11669 · Forrest Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in IL3

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 in IL (n=149 to 151). 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

28

Q2 2024Q2 2026peer median (50)

Asset Quality

18

Q2 2024Q2 2026peer median (50)

Profitability

36

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

48

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 Forrest

Forrest, IL · Cert 11669 · Forrest Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$328.3MAssets
$276.2MLoans
$280.3MDeposits
$29.4MEquity
Loan mix
81%RE $214.7M15%C&I $39.6M4%Consumer $11.9MQ2 2025Q2 2026
Deposit mix
86%Interest-bearing $240.9M14%Noninterest $39.4MQ2 2025Q2 2026

NIM

4.98%Q2 ’245.45%Q2 ’255.74%Q2 ’26+16%+16%

Non-interest income vs. expense

2.30%Q2 ’242.38%Q2 ’252.42%Q2 ’26+4%+6%

Market Position · Champaign-Urbana, IL · 2026 SOD (annual) · 0.9% share · #23 of 33 inst. · $0.1B of $8.7B

8.1% Livingston
1.0% Champaign
1.0% Peoria
1.3% Whiteside

Executive Summary

  • Earnings: ROA of 0.64%, down 2 bps year over year; NIM at 3.51%.
  • Asset quality: problem loans at 1.83% of loans (+15 bps YoY), with net charge-offs at 0.46%.
  • Capital: tier 1 leverage ratio of 9.06%, up 29 bps from a year ago.
  • Funding: loans stand at 98.52% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.64%-2 bps YoY

Net Interest Margin (YTD, annualized)

3.51%+48 bps YoY

Efficiency Ratio (YTD, annualized)

65.28%-663 bps YoY

Tier 1 Leverage Ratio

9.06%+29 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.67%0.75%0.88%0.67%0.64%-2 bps
Return on Equity7.81%8.83%10.19%7.60%7.24%-58 bps
Net Interest Margin3.03%3.01%3.08%3.43%3.51%+48 bps
Efficiency Ratio71.91%69.66%66.44%66.27%65.28%-663 bps
Non-Interest Burden2.10%1.99%1.92%2.21%2.22%+12 bps
Growth
Asset Growth (YoY)6.91%8.33%8.09%7.07%2.98%-394 bps
Loan Growth (YoY)8.07%8.43%8.15%5.22%-0.38%-844 bps
Deposit Growth (YoY)6.26%7.88%8.87%8.91%6.07%-19 bps
Asset Quality
Nonperforming Loans / Loans1.68%1.84%1.72%1.95%1.83%+15 bps
Net Charge-Offs / Loans0.10%0.12%0.12%0.18%0.46%+36 bps
Allowance / Loans0.91%0.88%0.87%0.94%0.94%+3 bps
Allowance Coverage of NPLs0.5x0.5x0.5x0.5x0.5x0.0x
Capital
Tier 1 Leverage Ratio8.77%8.72%8.97%8.96%9.06%+29 bps
Total Risk-Based Capital11.78%11.75%12.15%12.48%12.91%+113 bps
Equity / Assets8.45%8.60%8.88%8.80%8.95%+50 bps
Liquidity & Funding
Loans / Deposits104.90%104.31%102.42%99.77%98.52%-638 bps
Liquid Assets / Assets4.17%4.15%4.64%6.94%7.87%+370 bps
CRE / Total Capitaln/a210%214%209%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 Forrest

Forrest, IL · Cert 11669 · Peer group: banks under $1B in assets in IL (n=149-151) · Forrest Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$328.3MAssets
$276.2MLoans
$280.3MDeposits
$29.4MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 58% of banks under $1B in assets in IL (rank 64 of 151).
  • Widest gap: net charge-offs / loans trails 89% of banks under $1B in assets in IL (rank 134 of 149).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.64%

Rank 120 of 151

Net Interest Margin

3.51%

Rank 64 of 151

Efficiency Ratio

65.28%

Rank 79 of 151

Equity / Assets

8.95%

Rank 116 of 151

Non-interest income vs. expense

$0.7M$8.0MINCOMEEXPENSE
Unfavorable gap of $7.3M · efficiency ratio beats 48% of banks under $1B in assets in IL
Bank 65.28%Peer median 64.9%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.64%0.70%1.03%1.34%Beats 21%120 / 151
Return on Equity7.19%6.74%9.34%12.94%Beats 29%107 / 151
Net Interest Margin3.51%3.02%3.43%3.83%Beats 58%64 / 151
Efficiency Ratio65.28%54.64%64.89%72.50%Beats 48%79 / 151
Asset Quality
Nonperforming Loans / Loans1.83%0.20%0.66%1.77%Beats 24%114 / 149
Net Charge-Offs / Loans0.24%0.00%0.02%0.07%Beats 11%134 / 149
Capital
Tier 1 Capital Ratio11.83%11.83%14.17%18.66%Beats 25%114 / 151
Total Risk-Based Capital Ratio12.91%12.22%14.54%19.92%Beats 36%96 / 151
Equity / Assets8.95%9.10%10.65%12.40%Beats 23%116 / 151
Liquidity & Funding
Loans / Deposits98.52%54.39%71.02%80.75%96th pctl6 / 149
Loans / Assets84.13%45.91%61.31%68.01%98th pctl3 / 151
Brokered Deposits / Depositsn/aNot reported for this institution