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First State Bank

Watonga, OK · Cert 21752 · First St Bcorp of Watonga Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in OK3

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 OK (n=88 to 89). 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

54

Q2 2024Q2 2026peer median (50)

Asset Quality

56

Q2 2024Q2 2026peer median (50)

Profitability

74

Q2 2024Q2 2026peer median (50)

Liquidity

75

Q2 2024Q2 2026peer median

Efficiency

65

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 State Bank

Watonga, OK · Cert 21752 · First St Bcorp of Watonga Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$89.8MAssets
$49.9MLoans
$79.2MDeposits
$10.1MEquity
Loan mix
74%RE $25.3M18%C&I $6.0M9%Consumer $3.0MQ3 2024Q2 2026
Deposit mix
73%Interest-bearing $57.8M27%Noninterest $21.4MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.64%, up 45 bps year over year; NIM at 4.47%.
  • Asset quality: problem loans at 1.28% of loans (+11 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.18%, down 7 bps from a year ago.
  • Funding: loans stand at 62.98% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.64%+45 bps YoY

Net Interest Margin (YTD, annualized)

4.47%+10 bps YoY

Efficiency Ratio (YTD, annualized)

56.55%-984 bps YoY

Tier 1 Leverage Ratio

13.18%-7 bps YoY

NIM

5.79%Q2 ’245.81%Q2 ’255.88%Q2 ’26+6%+2%

Non-interest income vs. expense

2.97%Q2 ’243.11%Q2 ’252.73%Q2 ’26+9%-15%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.23%1.23%1.15%1.20%1.32%1.36%1.69%1.64%+45 bps
Return on Equity12.65%12.46%11.07%11.43%12.34%12.52%14.88%14.53%+309 bps
Net Interest Margin3.98%4.23%4.13%4.38%4.51%4.54%4.60%4.47%+10 bps
Efficiency Ratio64.04%64.70%67.28%66.39%63.58%63.14%56.48%56.55%-984 bps
Non-Interest Burden2.41%2.59%2.65%2.80%2.76%2.77%2.43%2.37%-43 bps
Growth
Asset Growth (YoY)-0.39%-1.22%-1.21%2.25%6.16%5.78%7.81%6.41%+416 bps
Loan Growth (YoY)3.16%1.60%0.91%7.52%5.74%19.42%21.92%12.47%+495 bps
Deposit Growth (YoY)-3.96%-2.26%5.54%9.63%5.63%4.20%7.44%6.02%-361 bps
Asset Quality
Nonperforming Loans / Loans0.32%0.27%0.28%1.17%0.98%0.06%0.05%1.28%+11 bps
Net Charge-Offs / Loans0.21%0.16%-0.42%-0.18%-0.12%-0.07%-0.02%0.00%+18 bps
Allowance / Loans2.90%2.80%2.94%2.92%2.97%2.53%2.52%2.70%-22 bps
Allowance Coverage of NPLs9.2x10.3x10.5x2.5x3.0x45.5x51.1x2.1x-0.4x
Capital
Tier 1 Leverage Ratio12.82%13.76%13.70%13.25%13.43%13.61%13.49%13.18%-7 bps
Total Risk-Based Capital12.82%13.76%13.70%13.25%13.43%13.61%13.49%13.18%-7 bps
Equity / Assets11.01%10.32%10.50%10.55%11.28%11.76%10.96%11.24%+69 bps
Liquidity & Funding
Loans / Deposits61.08%62.39%58.54%59.37%61.14%71.50%66.43%62.98%+361 bps
Liquid Assets / Assets12.22%11.42%13.27%14.85%10.16%10.24%16.52%16.61%+176 bps
CRE / Total Capitaln/an/an/an/a158.88%166.52%160.43%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 State Bank

Watonga, OK · Cert 21752 · Peer group: banks under $1B in assets in OK (n=88-89) · First St Bcorp of Watonga Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$89.8MAssets
$49.9MLoans
$79.2MDeposits
$10.1MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 75% of banks under $1B in assets in OK (rank 22 of 89).
  • Widest gap: nonperforming loans / loans trails 58% of banks under $1B in assets in OK (rank 52 of 88).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.60%

Rank 23 of 89

Net Interest Margin

4.47%

Rank 22 of 89

Efficiency Ratio

56.55%

Rank 32 of 89

Equity / Assets

11.24%

Rank 43 of 89

Non-interest income vs. expense

$0.3M$2.5MINCOMEEXPENSE
Unfavorable gap of $2.1M · efficiency ratio beats 65% of banks under $1B in assets in OK
Bank 56.55%Peer median 61.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.60%0.85%1.26%1.60%Beats 74%23 / 89
Return on Equity14.25%7.40%11.89%14.65%Beats 73%24 / 89
Net Interest Margin4.47%3.46%3.93%4.45%Beats 75%22 / 89
Efficiency Ratio56.55%54.70%60.95%71.14%Beats 65%32 / 89
Asset Quality
Nonperforming Loans / Loans1.28%0.30%0.82%2.25%Beats 42%52 / 88
Net Charge-Offs / Loans0.01%0.00%0.03%0.20%Beats 69%28 / 88
Capital
Tier 1 Capital Ratio13.18%10.89%13.00%16.33%Beats 58%37 / 89
Total Risk-Based Capital Ratio13.18%11.20%13.06%16.33%Beats 52%43 / 89
Equity / Assets11.24%9.26%10.94%13.52%Beats 52%43 / 89
Liquidity & Funding
Loans / Deposits62.98%61.51%72.27%84.01%32nd pctl60 / 88
Loans / Assets55.53%52.51%63.15%71.27%34th pctl59 / 89
Brokered Deposits / Depositsn/aNot reported for this institution