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1st Bank

Sidney, MT · Cert 22039

FDIC · 1 branch

Q2 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2021, the quarter ended June 30, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

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

1st Bank

Sidney, MT · Cert 22039

FDIC · 1 branch

Q2 2021

$59.7MAssets
$17.8MLoans
$54.4MDeposits
$5.2MEquity
Loan mix
64%RE $5.4M27%C&I $2.3M9%Consumer $0.8MQ2 2020Q2 2021
Deposit mix
78%Interest-bearing $42.4M22%Noninterest $12.0MQ2 2020Q2 2021

NIM

4.40%Q2 ’193.44%Q2 ’203.16%Q2 ’21-24%-1%

Non-interest income vs. expense

1.87%Q2 ’192.05%Q2 ’201.62%Q2 ’21+15%-22%

Executive Summary

  • Earnings: ROA of 1.75%, down 256 bps year over year; NIM at 3.05%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.79%, down 47 bps from a year ago.
  • Funding: loans stand at 32.63% of deposits as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

1.75%-256 bps YoY

Net Interest Margin (YTD, annualized)

3.05%-2 bps YoY

Efficiency Ratio (YTD, annualized)

48.28%-1,174 bps YoY

Tier 1 Leverage Ratio

8.79%-47 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets4.31%3.25%2.49%2.41%1.75%-256 bps
Return on Equity39.57%31.21%24.96%28.18%20.34%-1,923 bps
Net Interest Margin3.07%2.93%2.60%3.78%3.05%-2 bps
Efficiency Ratio60.02%60.94%66.07%41.34%48.28%-1,174 bps
Non-Interest Burden1.70%1.66%1.61%1.38%1.32%-38 bps
Growth
Asset Growth (YoY)9.10%10.57%10.16%20.09%15.50%+640 bps
Loan Growth (YoY)0.85%-5.08%-9.68%-10.58%-22.56%-2,341 bps
Deposit Growth (YoY)16.51%18.69%17.57%21.21%16.16%-35 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.26%1.29%1.63%1.53%1.62%+37 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.26%9.09%8.57%8.83%8.79%-47 bps
Total Risk-Based Capital23.48%24.62%30.44%30.04%27.24%+376 bps
Equity / Assets9.05%9.02%8.39%8.73%8.71%-34 bps
Liquidity & Funding
Loans / Deposits48.95%46.83%33.97%35.11%32.63%-1,632 bps
Liquid Assets / Assets48.94%39.38%62.92%61.05%61.05%+1,211 bps
CRE / Total Capitaln/an/an/an/an/an/an/a