PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First State Bank

Farnam, NE · Cert 12244 · Nebraska Bankshares Inc.

State charter, non-member · FDIC · 1 affiliate bank · 5 branches (13 in holding)

Q2 2026

$199.5MAssets
$98.5MLoans
$121.3MDeposits
$23.6MEquity
Loan mix
81%RE $65.0M12%C&I $9.3M7%Consumer $5.7MQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $91.0M25%Noninterest $30.3MQ2 2025Q2 2026

NIM

5.17%Q2 ’244.98%Q2 ’255.06%Q2 ’26+0%+10%

Non-interest income vs. expense

2.25%Q2 ’242.27%Q2 ’252.15%Q2 ’26+15%-4%

Executive Summary

  • Earnings: ROA of 1.35%, up 28 bps year over year; NIM at 3.00%.
  • Asset quality: problem loans at 0.33% of loans (-30 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.94%, down 78 bps from a year ago.
  • Funding: loans stand at 81.19% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.35%+28 bps YoY

Net Interest Margin (quarter, annualized)

3.00%+27 bps YoY

Efficiency Ratio (quarter, annualized)

56.49%-658 bps YoY

Tier 1 Leverage Ratio

11.94%-78 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.07%1.05%1.41%1.22%1.35%+28 bps
Return on Equity9.00%8.39%11.35%10.09%11.40%+240 bps
Net Interest Margin2.73%2.73%3.09%2.92%3.00%+27 bps
Efficiency Ratio63.07%62.26%55.16%56.81%56.49%-658 bps
Non-Interest Burden1.35%1.39%1.20%1.25%1.30%-6 bps
Growth
Asset Growth (YoY)8.55%7.87%10.10%4.01%7.53%-102 bps
Loan Growth (YoY)-10.74%-2.80%-0.59%-1.85%-0.31%+1,043 bps
Deposit Growth (YoY)9.48%-11.43%4.21%-1.21%14.55%+508 bps
Asset Quality
Nonperforming Loans / Loans0.63%0.45%0.38%2.24%0.33%-30 bps
Net Charge-Offs / Loans0.00%0.01%0.00%0.00%0.00%0 bps
Allowance / Loans1.56%1.47%1.50%1.64%1.59%+3 bps
Allowance Coverage of NPLs2.5x3.3x4.0x0.7x4.8x+2.3x
Capital
Tier 1 Leverage Ratio12.72%12.74%12.34%11.77%11.94%-78 bps
Total Risk-Based Capital12.72%12.74%12.34%11.77%11.94%-78 bps
Equity / Assets12.39%12.56%12.27%11.82%11.84%-55 bps
Liquidity & Funding
Loans / Deposits93.29%95.23%82.03%77.90%81.19%-1,211 bps
Liquid Assets / Assets4.19%2.86%4.20%2.99%3.27%-93 bps
CRE / Total Capitaln/a66.11%65.73%78.51%n/an/a