PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First State Bank

Gainesville, TX · Cert 15511 · Red River Bcorp Inc.

State charter, Fed member · FED · 14 branches

Q2 2026

$1.9BAssets
$955.7MLoans
$1.7BDeposits
$154.7MEquity
Loan mix
85%RE $773.5M13%C&I $119.9M2%Consumer $19.2MQ3 2024Q2 2026
Deposit mix
64%Interest-bearing $1.1B36%Noninterest $0.6BQ3 2024Q2 2026

Market Position · Dallas-Fort Worth-Arlington, TX · 2026 SOD (annual) · 0.1% share · #84 of 166 inst. · $0.4B of $732.8B

65.9% Cooke
0.1% Denton
4.8% Grayson
8.7% Wise

Executive Summary

  • Earnings: ROA of 0.80%, down 118 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.94% of loans (-64 bps YoY), with net charge-offs at 0.41%.
  • Capital: tier 1 leverage ratio of 9.61%, up 4 bps from a year ago.
  • Funding: loans stand at 57.55% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.80%-118 bps YoY

Net Interest Margin (YTD, annualized)

3.60%+65 bps YoY

Efficiency Ratio (YTD, annualized)

76.09%+2,226 bps YoY

Tier 1 Leverage Ratio

9.61%+4 bps YoY

NIM

4.29%Q2 ’244.42%Q2 ’254.86%Q2 ’26+15%+22%

Non-interest income vs. expense

2.83%Q2 ’243.14%Q2 ’253.39%Q2 ’26-90%+1011%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.42%0.16%0.50%1.98%1.29%1.18%0.73%0.80%-118 bps
Return on Equity7.19%2.75%8.07%30.07%18.53%16.25%8.70%9.52%-2,054 bps
Net Interest Margin2.63%2.68%2.86%2.94%3.07%3.19%3.56%3.60%+65 bps
Efficiency Ratio86.74%87.26%83.47%53.82%57.98%62.37%76.37%76.09%+2,226 bps
Non-Interest Burden2.18%2.24%2.25%0.23%0.82%1.27%2.51%2.51%+228 bps
Growth
Asset Growth (YoY)1.48%0.54%-0.96%3.57%5.33%3.32%2.62%2.18%-139 bps
Loan Growth (YoY)5.70%6.80%5.01%7.21%11.18%7.14%3.94%0.70%-650 bps
Deposit Growth (YoY)0.71%6.74%4.15%7.30%6.57%-1.31%-1.27%1.16%-614 bps
Asset Quality
Nonperforming Loans / Loans0.46%0.46%0.78%1.58%0.52%0.89%0.12%0.94%-64 bps
Net Charge-Offs / Loans-0.24%-0.15%3.13%1.51%0.97%0.72%0.63%0.41%-111 bps
Allowance / Loans1.65%2.06%1.29%1.42%1.37%1.36%1.34%1.36%-6 bps
Allowance Coverage of NPLs3.6x4.5x1.6x0.9x2.6x1.5x10.8x1.4x+0.5x
Capital
Tier 1 Leverage Ratio9.08%8.89%8.81%9.56%9.40%9.38%9.65%9.61%+4 bps
Total Risk-Based Capital15.51%14.35%13.96%14.83%14.48%14.43%14.99%15.18%+34 bps
Equity / Assets7.12%5.96%6.45%7.34%7.96%8.41%8.34%8.35%+102 bps
Liquidity & Funding
Loans / Deposits57.21%56.35%56.41%57.81%59.69%61.18%59.38%57.55%-26 bps
Liquid Assets / Assets2.00%2.67%2.33%2.83%2.11%0.96%2.73%4.71%+188 bps
CRE / Total Capitaln/an/an/an/a297%315%315%n/an/a