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First State Bank, The

Canute, OK · Cert 17884

FDIC · 3 branches

Q2 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2021, the quarter ended June 30, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

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

First State Bank, The

Canute, OK · Cert 17884

FDIC · 3 branches

Q2 2021

$420.7MAssets
$365.8MLoans
$347.4MDeposits
$37.4MEquity
Loan mix
74%RE $191.5M25%C&I $63.8M1%Consumer $2.2MQ2 2020Q2 2021
Deposit mix
80%Interest-bearing $276.2M20%Noninterest $71.2MQ2 2020Q2 2021

NIM

5.02%Q2 ’194.27%Q2 ’204.06%Q2 ’21-10%+16%

Non-interest income vs. expense

3.02%Q2 ’193.17%Q2 ’203.31%Q2 ’21-16%-5%

Market Position · Oklahoma City, OK · 2021 SOD (annual) · 0.6% share · #27 of 71 inst. · $0.3B of $50.4B

0.8% Oklahoma
10.9% Washita

Executive Summary

  • Earnings: ROA of 1.21%, up 36 bps year over year; NIM at 3.52%.
  • Asset quality: problem loans at 0.12% of loans (+6 bps YoY), with net charge-offs at 0.84%.
  • Capital: tier 1 leverage ratio of 8.68%, up 14 bps from a year ago.
  • Funding: loans stand at 105.30% of deposits as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

1.21%+36 bps YoY

Net Interest Margin (YTD, annualized)

3.52%+48 bps YoY

Efficiency Ratio (YTD, annualized)

64.46%-701 bps YoY

Tier 1 Leverage Ratio

8.68%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets0.85%0.84%0.91%1.25%1.21%+36 bps
Return on Equity9.35%9.45%10.28%14.22%13.67%+431 bps
Net Interest Margin3.04%3.07%3.08%3.48%3.52%+48 bps
Efficiency Ratio71.47%69.45%68.68%63.38%64.46%-701 bps
Non-Interest Burden1.78%1.68%1.63%1.48%1.69%-9 bps
Growth
Asset Growth (YoY)13.84%17.91%15.62%15.23%5.23%-861 bps
Loan Growth (YoY)19.33%17.16%19.22%17.10%3.80%-1,553 bps
Deposit Growth (YoY)3.35%9.65%13.63%16.02%10.39%+704 bps
Asset Quality
Nonperforming Loans / Loans0.06%0.05%0.16%0.00%0.12%+6 bps
Net Charge-Offs / Loans0.00%0.01%0.01%0.57%0.84%+84 bps
Allowance / Loans1.10%1.25%1.30%1.22%0.96%-14 bps
Allowance Coverage of NPLs17.5x24.0x8.0xn/a7.8x-9.8x
Capital
Tier 1 Leverage Ratio8.54%8.41%8.39%8.72%8.68%+14 bps
Total Risk-Based Capital8.54%8.41%8.39%8.72%8.68%+14 bps
Equity / Assets8.57%8.54%8.72%8.88%8.89%+32 bps
Liquidity & Funding
Loans / Deposits111.98%110.83%109.71%110.16%105.30%-668 bps
Liquid Assets / Assets5.68%6.34%5.61%5.06%7.50%+182 bps
CRE / Total Capitaln/an/an/an/an/an/an/a