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First State Bank

Wrens, GA · Cert 19163 · Csra Bank Corp.

State charter, non-member · FDIC · 6 branches

Q2 2026

$512.7MAssets
$421.4MLoans
$444.8MDeposits
$48.8MEquity
Loan mix
84%RE $354.9M15%C&I $62.8M1%Consumer $5.2MQ2 2025Q2 2026
Deposit mix
91%Interest-bearing $404.0M9%Noninterest $40.8MQ2 2025Q2 2026

NIM

6.54%Q2 ’246.91%Q2 ’257.01%Q2 ’26+20%+6%

Non-interest income vs. expense

1.87%Q2 ’242.03%Q2 ’252.09%Q2 ’26+6%+5%

Market Position · Augusta-Richmond County, GA-SC · 2026 SOD (annual) · 1.1% share · #15 of 25 inst. · $0.1B of $12.9B

45.9% Jefferson
4.1% Columbia
100.0% Warren
4.1% Sumter

Executive Summary

  • Earnings: ROA of 1.89%, up 16 bps year over year; NIM at 4.32%.
  • Asset quality: problem loans at 0.32% of loans (+10 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 10.53%, up 100 bps from a year ago.
  • Funding: loans stand at 94.74% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.89%+16 bps YoY

Net Interest Margin (quarter, annualized)

4.32%+26 bps YoY

Efficiency Ratio (quarter, annualized)

44.92%-95 bps YoY

Tier 1 Leverage Ratio

10.53%+100 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.73%1.88%1.34%1.78%1.89%+16 bps
Return on Equity21.99%22.90%15.86%20.72%20.62%-136 bps
Net Interest Margin4.06%4.11%4.17%4.11%4.32%+26 bps
Efficiency Ratio45.87%43.02%46.49%44.88%44.92%-95 bps
Non-Interest Burden1.67%1.58%1.76%1.65%1.76%+9 bps
Growth
Asset Growth (YoY)8.26%5.78%11.32%9.76%6.48%-178 bps
Loan Growth (YoY)12.67%15.83%14.33%10.74%4.89%-778 bps
Deposit Growth (YoY)4.58%3.55%9.35%7.80%7.37%+278 bps
Asset Quality
Nonperforming Loans / Loans0.22%0.19%0.17%0.31%0.32%+10 bps
Net Charge-Offs / Loans0.00%0.00%0.09%0.00%0.01%0 bps
Allowance / Loans1.16%1.15%1.32%1.33%1.36%+20 bps
Allowance Coverage of NPLs5.2x6.2x7.5x4.3x4.3x-0.9x
Capital
Tier 1 Leverage Ratio9.53%9.60%9.53%9.83%10.53%+100 bps
Total Risk-Based Capital12.74%13.27%13.53%9.83%10.53%-221 bps
Equity / Assets7.99%8.42%8.42%8.79%9.52%+153 bps
Liquidity & Funding
Loans / Deposits96.98%96.23%92.54%94.33%94.74%-224 bps
Liquid Assets / Assets0.33%1.54%4.33%3.85%4.11%+379 bps
CRE / Total Capitaln/a312%319%318%n/an/a