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Farmers State Bank, The

McPherson, KS · Cert 13883 · Galva Bancshares Inc.

State charter, non-member · FDIC · 4 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 KS3

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 KS (n=98). 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

9

Q2 2024Q2 2026peer median (50)

Asset Quality

52

Q2 2024Q2 2026peer median (50)

Profitability

56

Q2 2024Q2 2026peer median (50)

Liquidity

60

Q2 2024Q2 2026peer median

Efficiency

45

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

Farmers State Bank, The

McPherson, KS · Cert 13883 · Galva Bancshares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$180.5MAssets
$94.3MLoans
$158.1MDeposits
$12.5MEquity
Loan mix
75%RE $60.7M16%C&I $12.9M9%Consumer $7.3MQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $119.4M24%Noninterest $38.7MQ2 2025Q2 2026

NIM

4.79%Q2 ’245.08%Q2 ’255.16%Q2 ’26+7%+14%

Non-interest income vs. expense

2.30%Q2 ’242.44%Q2 ’252.41%Q2 ’26+7%-2%

Executive Summary

  • Earnings: ROA of 1.14%, up 30 bps year over year; NIM at 3.65%.
  • Asset quality: problem loans at 0.01% of loans (-6 bps YoY), with net charge-offs at 0.06%.
  • Capital: tier 1 leverage ratio of 10.05%, down 22 bps from a year ago.
  • Funding: loans stand at 59.64% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.14%+30 bps YoY

Net Interest Margin (YTD, annualized)

3.65%+44 bps YoY

Efficiency Ratio (YTD, annualized)

59.33%-812 bps YoY

Tier 1 Leverage Ratio

10.05%-22 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.84%0.85%0.87%1.08%1.14%+30 bps
Return on Equity14.61%14.07%13.75%14.89%16.03%+142 bps
Net Interest Margin3.20%3.24%3.20%3.63%3.65%+44 bps
Efficiency Ratio67.45%66.42%65.99%59.64%59.33%-812 bps
Non-Interest Burden2.03%2.01%1.97%1.99%1.99%-3 bps
Growth
Asset Growth (YoY)-1.00%1.44%8.51%7.81%13.12%+1,413 bps
Loan Growth (YoY)2.10%2.78%2.66%6.22%7.36%+526 bps
Deposit Growth (YoY)-0.12%2.73%6.22%5.12%9.58%+970 bps
Asset Quality
Nonperforming Loans / Loans0.06%0.01%0.01%0.04%0.01%-6 bps
Net Charge-Offs / Loans0.32%0.28%0.22%0.04%0.06%-26 bps
Allowance / Loans1.02%1.06%1.08%1.09%1.09%+6 bps
Allowance Coverage of NPLs16.4x129.7x156.3x24.6x205.0x+188.6x
Capital
Tier 1 Leverage Ratio10.27%10.32%10.14%10.00%10.05%-22 bps
Total Risk-Based Capital10.27%10.32%10.14%10.00%10.05%-22 bps
Equity / Assets5.93%7.00%7.21%7.23%6.93%+101 bps
Liquidity & Funding
Loans / Deposits60.87%57.98%57.06%57.76%59.64%-123 bps
Liquid Assets / Assets3.84%6.58%3.49%3.47%4.18%+34 bps
CRE / Total Capitaln/a85.11%87.16%93.02%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

Farmers State Bank, The

McPherson, KS · Cert 13883 · Peer group: banks under $1B in assets in KS (n=98) · Galva Bancshares Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$180.5MAssets
$94.3MLoans
$158.1MDeposits
$12.5MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 82% of banks under $1B in assets in KS (rank 18 of 98).
  • Widest gap: total risk-based capital ratio trails 92% of banks under $1B in assets in KS (rank 90 of 98).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.11%

Rank 66 of 98

Net Interest Margin

3.65%

Rank 47 of 98

Efficiency Ratio

59.33%

Rank 55 of 98

Equity / Assets

6.93%

Rank 89 of 98

Non-interest income vs. expense

$0.7M$4.3MINCOMEEXPENSE
Unfavorable gap of $3.5M · efficiency ratio beats 45% of banks under $1B in assets in KS
Bank 59.33%Peer median 58.9%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.11%1.03%1.24%1.54%Beats 33%66 / 98
Return on Equity15.96%8.85%11.58%14.73%Beats 82%18 / 98
Net Interest Margin3.65%3.24%3.62%3.91%Beats 52%47 / 98
Efficiency Ratio59.33%51.87%58.88%64.74%Beats 45%55 / 98
Asset Quality
Nonperforming Loans / Loans0.01%0.01%0.33%1.05%Beats 80%21 / 98
Net Charge-Offs / Loans0.03%n/a0.00%0.03%Beats 24%75 / 98
Capital
Tier 1 Capital Ratio10.05%11.81%13.71%17.33%Beats 9%89 / 98
Total Risk-Based Capital Ratio10.05%11.81%14.13%17.45%Beats 8%90 / 98
Equity / Assets6.93%8.60%11.34%13.10%Beats 9%89 / 98
Liquidity & Funding
Loans / Deposits59.64%57.09%69.84%82.47%34th pctl65 / 98
Loans / Assets52.25%49.34%58.31%68.94%37th pctl62 / 98
Brokered Deposits / Depositsn/aNot reported for this institution