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FNBT Bank

Fort Walton Beach, FL · Cert 17580 · Southern National Banks Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

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 operating in a single state (n=751 to 755). 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

83

Q2 2024Q2 2026peer median (50)

Asset Quality

88

Q2 2024Q2 2026peer median (50)

Profitability

46

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

63

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

FNBT Bank

Fort Walton Beach, FL · Cert 17580 · Southern National Banks Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

$628.5MAssets
$242.9MLoans
$555.9MDeposits
$70.8MEquity
Loan mix
96%RE $240.6M3%C&I $7.1M1%Consumer $2.8MQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $416.7M25%Noninterest $139.3MQ2 2025Q2 2026

NIM

5.49%Q2 ’245.28%Q2 ’254.75%Q2 ’26-6%-11%

Non-interest income vs. expense

2.53%Q2 ’242.46%Q2 ’252.24%Q2 ’26+2%+7%

Market Position · Crestview-Fort Walton Beach-Destin, FL · 2026 SOD (annual) · 6.5% share · #4 of 28 inst. · $0.5B of $8.3B

9.0% Okaloosa
2.1% Walton
0.8% Santa Rosa

Executive Summary

  • Earnings: ROA of 1.18%, down 49 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (-1 bps YoY), with net recoveries of 0.08%.
  • Capital: tier 1 leverage ratio of 11.08%, down 17 bps from a year ago.
  • Funding: loans stand at 43.69% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.18%-49 bps YoY

Net Interest Margin (YTD, annualized)

3.15%-38 bps YoY

Efficiency Ratio (YTD, annualized)

60.05%+470 bps YoY

Tier 1 Leverage Ratio

11.08%-17 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.67%1.62%1.61%1.21%1.18%-49 bps
Return on Equity15.11%14.61%14.65%11.44%10.95%-416 bps
Net Interest Margin3.54%3.47%3.48%3.17%3.15%-38 bps
Efficiency Ratio55.35%55.09%55.47%59.74%60.05%+470 bps
Non-Interest Burden1.56%1.55%1.60%1.65%1.66%+10 bps
Growth
Asset Growth (YoY)2.27%4.69%5.95%8.81%3.02%+75 bps
Loan Growth (YoY)0.63%1.88%-1.89%-4.75%-7.49%-811 bps
Deposit Growth (YoY)2.34%4.62%6.07%10.02%3.11%+76 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.00%0.00%0.01%0.00%-1 bps
Net Charge-Offs / Loans-0.03%-0.02%-0.03%-0.04%-0.08%-5 bps
Allowance / Loans1.53%1.51%1.42%1.44%1.52%-1 bps
Allowance Coverage of NPLs211.9xn/a1220.7x212.3xn/an/a
Capital
Tier 1 Leverage Ratio11.25%11.10%10.99%10.78%11.08%-17 bps
Total Risk-Based Capital27.31%27.64%28.39%29.37%31.81%+450 bps
Equity / Assets11.12%11.20%10.69%10.47%11.26%+14 bps
Liquidity & Funding
Loans / Deposits48.69%48.99%45.68%42.94%43.69%-500 bps
Liquid Assets / Assets54.68%54.57%57.31%59.81%59.39%+471 bps
CRE / Total Capitaln/a206%203%198.68%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

FNBT Bank

Fort Walton Beach, FL · Cert 17580 · Peer group: banks under $1B in assets operating in a single state (n=751-755) · Southern National Banks Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

$628.5MAssets
$242.9MLoans
$555.9MDeposits
$70.8MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 108 of 751).
  • Widest gap: net interest margin trails 75% of banks under $1B in assets operating in a single state (rank 567 of 755).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.20%

Rank 299 of 755

Net Interest Margin

3.15%

Rank 567 of 755

Efficiency Ratio

60.05%

Rank 282 of 755

Equity / Assets

11.26%

Rank 308 of 755

Non-interest income vs. expense

$3.7M$14.3MINCOMEEXPENSE
Unfavorable gap of $10.6M · efficiency ratio beats 63% of banks under $1B in assets operating in a single state
Bank 60.05%Peer median 64.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.20%0.72%1.06%1.45%Beats 60%299 / 755
Return on Equity10.68%6.66%10.44%13.61%Beats 52%363 / 755
Net Interest Margin3.15%3.15%3.68%4.17%Beats 25%567 / 755
Efficiency Ratio60.05%55.75%64.78%75.61%Beats 63%282 / 755
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.42%1.05%Beats 100%108 / 751
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 75%192 / 751
Capital
Tier 1 Capital Ratio30.55%11.56%13.81%17.74%Beats 94%42 / 755
Total Risk-Based Capital Ratio31.81%11.72%14.46%18.53%Beats 95%40 / 755
Equity / Assets11.26%8.93%10.56%13.13%Beats 59%308 / 755
Liquidity & Funding
Loans / Deposits43.69%62.43%78.62%91.00%7th pctl703 / 755
Loans / Assets38.64%54.70%67.27%76.55%7th pctl700 / 755
Brokered Deposits / Depositsn/aNot reported for this institution