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First National Bank of Wauchula

Wauchula, FL · Cert 18136 · First Hardee Holding Corp.

National charter · OCC · 1 branch

Q2 2026

$87.5MAssets
$57.2MLoans
$76.2MDeposits
$9.8MEquity
Loan mix
90%RE $51.7M7%C&I $4.2M3%Consumer $1.8MQ2 2025Q2 2026
Deposit mix
66%Interest-bearing $50.3M34%Noninterest $25.9MQ2 2025Q2 2026

NIM

5.87%Q2 ’246.23%Q2 ’255.96%Q2 ’26+14%-1%

Non-interest income vs. expense

3.97%Q2 ’244.01%Q2 ’254.56%Q2 ’26-19%+43%

Executive Summary

  • Earnings: ROA of 0.50%, down 100 bps year over year; NIM at 4.80%.
  • Asset quality: problem loans at 0.80% of loans (-30 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 12.16%, up 48 bps from a year ago.
  • Funding: loans stand at 75.02% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.50%-100 bps YoY

Net Interest Margin (YTD, annualized)

4.80%-3 bps YoY

Efficiency Ratio (YTD, annualized)

87.86%+2,010 bps YoY

Tier 1 Leverage Ratio

12.16%+48 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.50%1.29%1.31%0.45%0.50%-100 bps
Return on Equity14.69%12.35%12.42%4.03%4.46%-1,023 bps
Net Interest Margin4.83%4.95%5.03%4.79%4.80%-3 bps
Efficiency Ratio67.76%71.70%71.99%88.76%87.86%+2,010 bps
Non-Interest Burden2.92%3.30%3.32%4.21%4.17%+125 bps
Growth
Asset Growth (YoY)-5.74%-6.78%-2.73%1.25%2.57%+832 bps
Loan Growth (YoY)-4.55%-4.75%-5.16%-11.87%-11.12%-657 bps
Deposit Growth (YoY)-4.52%-5.28%4.88%3.43%2.20%+673 bps
Asset Quality
Nonperforming Loans / Loans1.11%1.10%1.22%1.23%0.80%-30 bps
Net Charge-Offs / Loans-0.03%-0.03%-0.03%-0.05%-0.03%0 bps
Allowance / Loans1.59%1.63%1.64%1.78%1.82%+23 bps
Allowance Coverage of NPLs1.4x1.5x1.3x1.4x2.3x+0.8x
Capital
Tier 1 Leverage Ratio11.68%11.90%12.32%12.39%12.16%+48 bps
Total Risk-Based Capital11.68%11.90%12.32%12.39%12.16%+48 bps
Equity / Assets10.61%10.99%11.17%10.95%11.24%+62 bps
Liquidity & Funding
Loans / Deposits86.26%85.84%84.33%75.97%75.02%-1,124 bps
Liquid Assets / Assets7.97%9.37%10.63%17.06%14.47%+650 bps
CRE / Total Capitaln/a142.99%165.73%158.57%n/an/a