Merrillville, IN · Cert 12854 · First Bancshares Inc.
State charter, non-member · FDIC · 63 branches
Q2 2026
Market Position · Chicago-Naperville-Elgin, IL-IN · 2026 SOD (annual) · 1.1% share · #15 of 147 inst. · $7.1B of $630.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.72% | 1.58% | 1.57% | 1.78% | 1.68% | 1.62% | 1.50% | 1.63% | -15 bps | |
| Return on Equity | 19.55% | 18.03% | 17.80% | 19.42% | 18.00% | 16.46% | 14.96% | 16.49% | -293 bps | |
| Net Interest Margin | 3.41% | 3.27% | 3.32% | 3.36% | 3.44% | 3.43% | 3.42% | 3.35% | -1 bps | |
| Efficiency Ratio | 43.88% | 48.13% | 45.13% | 42.12% | 43.62% | 46.65% | 49.87% | 46.53% | +441 bps | |
| Non-Interest Burden | 1.13% | 1.28% | 1.18% | 1.05% | 1.15% | 1.26% | 1.38% | 1.22% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.23% | 11.18% | 9.04% | 10.27% | 6.98% | -0.30% | 6.48% | 5.86% | -441 bps | |
| Loan Growth (YoY) | 11.27% | 10.98% | 8.04% | 9.27% | 7.22% | -0.25% | 7.12% | 4.42% | -485 bps | |
| Deposit Growth (YoY) | 10.72% | 5.34% | 5.39% | 7.15% | 5.60% | 3.46% | 10.58% | 10.38% | +323 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.13% | 0.10% | 0.13% | 0.13% | 0.10% | 0.34% | 0.68% | 0.82% | +69 bps | |
| Net Charge-Offs / Loans | 0.42% | 0.01% | 0.02% | 0.01% | 0.02% | 0.03% | 0.17% | -0.01% | -2 bps | |
| Allowance / Loans | 1.11% | 1.09% | 1.16% | 1.15% | 1.18% | 1.24% | 1.19% | 1.22% | +7 bps | |
| Allowance Coverage of NPLs | 8.6x | 10.5x | 8.7x | 9.1x | 11.6x | 3.7x | 1.7x | 1.5x | -7.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.59% | 9.61% | 9.96% | 10.03% | 10.30% | 10.62% | 10.88% | 10.74% | +71 bps | |
| Total Risk-Based Capital | 12.42% | 12.25% | 13.05% | 13.06% | 13.27% | 14.06% | 13.80% | 14.04% | +98 bps | |
| Equity / Assets | 8.96% | 8.53% | 9.16% | 9.17% | 9.52% | 10.16% | 9.88% | 9.86% | +68 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.35% | 102.25% | 99.28% | 97.56% | 97.83% | 98.59% | 96.17% | 92.29% | -527 bps | |
| Liquid Assets / Assets | 1.25% | 1.25% | 0.92% | 1.69% | 1.54% | 1.39% | 0.93% | 1.41% | -28 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 408% | 394% | 377% | n/a | n/a | |