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First Security State Bank

Evansdale, IA · Cert 18508 · Evans Bancshares Inc.

State charter, non-member · FDIC · 2 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=743 to 746). 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

66

Q2 2024Q2 2026peer median (50)

Asset Quality

23

Q2 2024Q2 2026peer median (50)

Profitability

34

Q2 2024Q2 2026peer median (50)

Liquidity

74

Q2 2024Q2 2026peer median

Efficiency

32

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

First Security State Bank

Evansdale, IA · Cert 18508 · Evans Bancshares Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$87.3MAssets
$62.2MLoans
$74.1MDeposits
$12.4MEquity
Loan mix
34%RE $20.1M35%C&I $21.0M31%Consumer $18.7MQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $59.8M19%Noninterest $14.3MQ2 2025Q2 2026

NIM

5.03%Q2 ’245.15%Q2 ’255.26%Q2 ’26+9%+4%

Non-interest income vs. expense

2.50%Q2 ’242.67%Q2 ’252.78%Q2 ’26+7%+4%

Market Position · Waterloo-Cedar Falls, IA · 2026 SOD (annual) · 1.6% share · #17 of 23 inst. · $0.1B of $4.7B

Executive Summary

  • Earnings: ROA of 0.84%, up 5 bps year over year; NIM at 3.64%.
  • Asset quality: problem loans at 3.11% of loans (+24 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 14.90%, up 57 bps from a year ago.
  • Funding: loans stand at 83.94% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.84%+5 bps YoY

Net Interest Margin (YTD, annualized)

3.64%+15 bps YoY

Efficiency Ratio (YTD, annualized)

72.21%+3 bps YoY

Tier 1 Leverage Ratio

14.90%+57 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.79%0.70%0.68%0.82%0.84%+5 bps
Return on Equity6.29%5.45%5.23%5.92%6.02%-27 bps
Net Interest Margin3.49%3.51%3.61%3.54%3.64%+15 bps
Efficiency Ratio72.18%71.81%72.87%71.97%72.21%+3 bps
Non-Interest Burden2.46%2.47%2.58%2.49%2.57%+10 bps
Growth
Asset Growth (YoY)-0.26%-7.13%-6.91%-4.50%-5.45%-518 bps
Loan Growth (YoY)-11.57%-8.25%1.83%0.99%7.77%+1,934 bps
Deposit Growth (YoY)-1.23%-8.94%-8.77%-6.00%-6.80%-557 bps
Asset Quality
Nonperforming Loans / Loans2.88%3.03%2.89%3.09%3.11%+24 bps
Net Charge-Offs / Loans0.29%0.24%0.31%0.03%0.03%-26 bps
Allowance / Loans1.09%1.20%1.08%1.09%1.04%-5 bps
Allowance Coverage of NPLs0.4x0.4x0.4x0.4x0.3x0.0x
Capital
Tier 1 Leverage Ratio14.32%14.60%14.31%14.66%14.90%+57 bps
Total Risk-Based Capital14.32%14.60%14.31%14.66%14.90%+57 bps
Equity / Assets13.06%14.02%13.62%13.97%14.24%+118 bps
Liquidity & Funding
Loans / Deposits72.59%78.17%80.80%80.78%83.94%+1,134 bps
Liquid Assets / Assets21.58%16.84%14.52%17.48%15.43%-615 bps
CRE / Total Capitaln/a70.41%72.41%75.50%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

First Security State Bank

Evansdale, IA · Cert 18508 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Evans Bancshares Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$87.3MAssets
$62.2MLoans
$74.1MDeposits
$12.4MEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 82% of banks under $1B in assets operating in a single state (rank 131 of 746).
  • Widest gap: nonperforming loans / loans trails 95% of banks under $1B in assets operating in a single state (rank 704 of 743).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.84%

Rank 494 of 746

Net Interest Margin

3.64%

Rank 387 of 746

Efficiency Ratio

72.21%

Rank 512 of 746

Equity / Assets

14.24%

Rank 131 of 746

Non-interest income vs. expense

$0.2M$2.4MINCOMEEXPENSE
Unfavorable gap of $2.3M · efficiency ratio beats 32% of banks under $1B in assets operating in a single state
Bank 72.21%Peer median 64.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.84%0.72%1.06%1.45%Beats 34%494 / 746
Return on Equity5.90%6.74%10.51%13.63%Beats 21%588 / 746
Net Interest Margin3.64%3.17%3.68%4.16%Beats 48%387 / 746
Efficiency Ratio72.21%55.74%64.58%75.47%Beats 32%512 / 746
Asset Quality
Nonperforming Loans / Loans3.11%0.09%0.42%1.07%Beats 5%704 / 743
Net Charge-Offs / Loans0.02%0.00%0.01%0.05%Beats 40%447 / 743
Capital
Tier 1 Capital Ratio14.90%11.55%13.75%17.60%Beats 60%296 / 746
Total Risk-Based Capital Ratio14.90%11.71%14.33%18.43%Beats 55%335 / 746
Equity / Assets14.24%8.90%10.51%13.06%Beats 82%131 / 746
Liquidity & Funding
Loans / Deposits83.94%61.31%78.27%90.78%63rd pctl279 / 746
Loans / Assets71.26%53.60%66.97%76.08%60th pctl298 / 746
Brokered Deposits / Depositsn/aNot reported for this institution