PackageTrendsPeer
Letter portraitLegal landscape

First State Bank

Clute, TX · Cert 17950 · FSB Bancshares Inc.

State charter, non-member · FDIC · 3 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 the Houston-Pasadena-The Woodlands, TX area3

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 the Houston-Pasadena-The Woodlands, TX area (n=21). 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

30

Q2 2024Q2 2026peer median (50)

Asset Quality

19

Q2 2024Q2 2026peer median (50)

Profitability

73

Q2 2024Q2 2026peer median (50)

Liquidity

80

Q2 2024Q2 2026peer median

Efficiency

90

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 2026-10-10

First State Bank

Clute, TX · Cert 17950 · FSB Bancshares Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$478.1MAssets
$354.7MLoans
$429.1MDeposits
$43.4MEquity
Loan mix
71%RE $246.3M19%C&I $64.5M10%Consumer $35.5MQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $325.1M24%Noninterest $104.0MQ2 2025Q2 2026

NIM

5.81%Q2 ’245.70%Q2 ’255.98%Q2 ’26-3%+3%

Non-interest income vs. expense

2.58%Q2 ’242.43%Q2 ’252.27%Q2 ’26-4%+5%

Market Position · Houston-Pasadena-The Woodlands, TX · 2026 SOD (annual) · 0.1% share · #53 of 107 inst. · $0.4B of $360.4B

Executive Summary

  • Earnings: ROA of 1.55%, down 1 bps year over year; NIM at 4.11%.
  • Asset quality: problem loans at 1.38% of loans (-92 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 9.48%, down 37 bps from a year ago.
  • Funding: loans stand at 82.66% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.55%-1 bps YoY

Net Interest Margin (YTD, annualized)

4.11%+11 bps YoY

Efficiency Ratio (YTD, annualized)

50.32%-189 bps YoY

Tier 1 Leverage Ratio

9.48%-37 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.57%1.58%1.57%1.32%1.55%-1 bps
Return on Equity17.27%17.23%17.24%14.67%17.22%-4 bps
Net Interest Margin4.00%3.90%3.99%4.15%4.11%+11 bps
Efficiency Ratio52.20%51.66%52.69%52.35%50.32%-189 bps
Non-Interest Burden1.77%1.71%1.81%2.03%1.86%+9 bps
Growth
Asset Growth (YoY)16.67%13.26%19.80%18.08%15.36%-131 bps
Loan Growth (YoY)16.57%14.38%17.27%16.05%14.86%-171 bps
Deposit Growth (YoY)16.46%12.50%19.37%18.75%15.16%-130 bps
Asset Quality
Nonperforming Loans / Loans2.30%1.91%1.36%1.75%1.38%-92 bps
Net Charge-Offs / Loans0.11%0.11%0.11%0.13%0.09%-2 bps
Allowance / Loans1.30%1.38%1.36%1.42%1.43%+13 bps
Allowance Coverage of NPLs0.6x0.7x1.0x0.8x1.0x+0.5x
Capital
Tier 1 Leverage Ratio9.84%9.59%9.60%9.51%9.48%-37 bps
Total Risk-Based Capital14.71%15.32%14.25%14.27%14.64%-7 bps
Equity / Assets9.18%9.41%8.97%8.97%9.08%-10 bps
Liquidity & Funding
Loans / Deposits82.88%83.54%81.56%82.22%82.66%-22 bps
Liquid Assets / Assets9.28%10.78%10.55%9.55%10.38%+111 bps
CRE / Total Capitaln/a329%331%335%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 2026-10-10

First State Bank

Clute, TX · Cert 17950 · Peer group: banks under $1B in assets in the Houston-Pasadena-The Woodlands, TX area (n=21) · FSB Bancshares Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$478.1MAssets
$354.7MLoans
$429.1MDeposits
$43.4MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 90% of banks under $1B in assets in the Houston-Pasadena-The Woodlands, TX area (rank 3 of 21).
  • Widest gap: net charge-offs / loans trails 86% of banks under $1B in assets in the Houston-Pasadena-The Woodlands, TX area (rank 19 of 21).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.52%

Rank 4 of 21

Net Interest Margin

4.11%

Rank 10 of 21

Efficiency Ratio

50.32%

Rank 3 of 21

Equity / Assets

9.08%

Rank 16 of 21

Non-interest income vs. expense

$1.9M$10.8MINCOMEEXPENSE
Unfavorable gap of $8.8M · efficiency ratio beats 90% of banks under $1B in assets in the Houston-Pasadena-The Woodlands, TX area
Bank 50.32%Peer median 68.2%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.52%0.77%1.16%1.46%Beats 81%4 / 21
Return on Equity16.72%6.66%8.42%15.66%Beats 86%3 / 21
Net Interest Margin4.11%3.50%3.97%4.41%Beats 52%10 / 21
Efficiency Ratio50.32%59.33%68.18%79.00%Beats 90%3 / 21
Asset Quality
Nonperforming Loans / Loans1.38%0.01%0.37%1.25%Beats 24%17 / 21
Net Charge-Offs / Loans0.06%n/a0.01%0.05%Beats 14%19 / 21
Capital
Tier 1 Capital Ratio13.39%12.65%15.76%18.38%Beats 33%14 / 21
Total Risk-Based Capital Ratio14.64%12.65%16.68%19.63%Beats 33%14 / 21
Equity / Assets9.08%9.08%11.30%15.80%Beats 24%16 / 21
Liquidity & Funding
Loans / Deposits82.66%64.96%78.30%90.30%62nd pctl8 / 21
Loans / Assets74.20%55.83%65.86%74.20%71st pctl6 / 21
Brokered Deposits / Depositsn/aNot reported for this institution