PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Security State Bank

Cranfills Gap, TX · Cert 11932 · Bosque Bancshares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$183.1MAssets
$73.3MLoans
$172.9MDeposits
$9.2MEquity
Loan mix
91%RE $60.0M5%C&I $3.0M5%Consumer $3.0MQ2 2025Q2 2026
Deposit mix
73%Interest-bearing $126.2M27%Noninterest $46.6MQ2 2025Q2 2026

NIM

3.96%Q2 ’244.03%Q2 ’254.26%Q2 ’26-3%+11%

Non-interest income vs. expense

3.06%Q2 ’242.76%Q2 ’252.61%Q2 ’26-8%-11%

Market Position · Waco, TX · 2026 SOD (annual) · 1.7% share · #15 of 28 inst. · $0.1B of $8.9B

43.7% Bosque
3.5% Hill

Executive Summary

  • Earnings: ROA of 1.17%, up 46 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.02% of loans (+1 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 7.60%, up 20 bps from a year ago.
  • Funding: loans stand at 42.39% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.17%+46 bps YoY

Net Interest Margin (quarter, annualized)

3.32%+33 bps YoY

Efficiency Ratio (quarter, annualized)

64.16%-1,108 bps YoY

Tier 1 Leverage Ratio

7.60%+20 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.72%0.88%0.99%1.10%1.17%+46 bps
Return on Equity18.25%20.08%19.31%20.67%22.62%+436 bps
Net Interest Margin2.99%3.01%3.24%3.25%3.32%+33 bps
Efficiency Ratio75.24%70.17%67.73%65.35%64.16%-1,108 bps
Non-Interest Burden2.08%1.89%1.93%1.84%1.85%-23 bps
Growth
Asset Growth (YoY)10.21%11.90%7.76%4.76%-1.59%-1,180 bps
Loan Growth (YoY)-6.00%-3.09%-0.35%0.26%3.99%+1,000 bps
Deposit Growth (YoY)4.22%8.45%3.87%3.24%6.57%+234 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.11%0.46%0.02%0.02%+1 bps
Net Charge-Offs / Loans0.08%0.03%0.01%0.01%0.04%-4 bps
Allowance / Loans1.07%1.04%1.02%1.05%1.02%-5 bps
Allowance Coverage of NPLs251.0x9.7x2.2x68.8x68.2x-182.8x
Capital
Tier 1 Leverage Ratio7.40%7.28%7.45%7.63%7.60%+20 bps
Total Risk-Based Capital19.86%20.05%20.10%20.69%20.97%+111 bps
Equity / Assets3.80%4.97%5.33%5.34%5.03%+123 bps
Liquidity & Funding
Loans / Deposits43.44%43.07%43.93%42.39%42.39%-105 bps
Liquid Assets / Assets15.08%16.34%13.89%14.85%14.67%-41 bps
CRE / Total Capitaln/a70.56%71.79%68.01%n/an/a