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First State Bank

Tahlequah, OK · Cert 22448 · Maxlou 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 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

14

Q2 2024Q2 2026peer median (50)

Asset Quality

23

Q2 2024Q2 2026peer median (50)

Profitability

14

Q2 2024Q2 2026peer median (50)

Liquidity

95

Q2 2024Q2 2026peer median

Efficiency

18

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

Tahlequah, OK · Cert 22448 · Maxlou Bancshares Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$82.1MAssets
$52.0MLoans
$74.1MDeposits
$7.3MEquity
Loan mix
84%RE $43.0M9%C&I $4.8M7%Consumer $3.4MQ3 2024Q2 2026
Deposit mix
82%Interest-bearing $60.7M18%Noninterest $13.4MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.26%, down 6 bps year over year; NIM at 3.33%.
  • Asset quality: problem loans at 2.25% of loans (+28 bps YoY), with net charge-offs at 0.59%.
  • Capital: tier 1 leverage ratio of 10.37%, up 10 bps from a year ago.
  • Funding: loans stand at 70.21% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.26%-6 bps YoY

Net Interest Margin (YTD, annualized)

3.33%+26 bps YoY

Efficiency Ratio (YTD, annualized)

80.15%-481 bps YoY

Tier 1 Leverage Ratio

10.37%+10 bps YoY

NIM

5.50%Q2 ’245.52%Q2 ’255.56%Q2 ’26-2%+9%

Non-interest income vs. expense

3.36%Q2 ’242.83%Q2 ’253.07%Q2 ’26-13%+0%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.05%0.17%0.18%0.32%0.59%0.46%0.39%0.26%-6 bps
Return on Equity0.59%2.15%2.40%4.07%7.19%5.46%4.32%2.88%-119 bps
Net Interest Margin2.98%2.84%2.93%3.07%3.18%3.29%3.26%3.33%+26 bps
Efficiency Ratio92.11%88.38%88.48%84.96%77.82%81.23%80.41%80.15%-481 bps
Non-Interest Burden2.71%2.45%2.57%2.57%2.33%2.56%2.52%2.57%0 bps
Growth
Asset Growth (YoY)13.39%10.55%11.96%5.69%-2.77%-6.10%-5.77%-1.40%-709 bps
Loan Growth (YoY)8.44%13.58%11.53%6.16%-0.73%-0.44%1.64%-0.76%-693 bps
Deposit Growth (YoY)12.37%11.54%12.44%4.07%-3.85%-10.31%-7.46%-1.50%-557 bps
Asset Quality
Nonperforming Loans / Loans2.28%2.85%2.85%1.97%0.95%2.39%2.70%2.25%+28 bps
Net Charge-Offs / Loans0.00%0.12%0.16%0.41%0.39%0.28%0.05%0.59%+18 bps
Allowance / Loans1.60%1.49%1.48%1.32%1.40%1.45%1.48%1.45%+13 bps
Allowance Coverage of NPLs0.7x0.5x0.5x0.7x1.5x0.6x0.5x0.6x0.0x
Capital
Tier 1 Leverage Ratio10.43%9.94%9.90%10.27%10.85%10.68%10.39%10.37%+10 bps
Total Risk-Based Capital10.43%9.94%9.90%10.27%10.85%10.68%10.39%10.37%+10 bps
Equity / Assets8.28%7.43%7.69%8.21%9.50%9.19%8.82%8.84%+63 bps
Liquidity & Funding
Loans / Deposits64.22%63.74%63.96%69.68%66.30%70.75%70.25%70.21%+52 bps
Liquid Assets / Assets0.15%0.15%0.15%0.16%0.15%0.15%0.14%0.14%-2 bps
CRE / Total Capitaln/an/an/an/a190.06%222%226%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

Tahlequah, OK · Cert 22448 · Peer group: banks under $1B in assets in OK (n=88-89) · Maxlou Bancshares Inc.

State charter, non-member · FDIC · 2 branches

Q2 2026

$82.1MAssets
$52.0MLoans
$74.1MDeposits
$7.3MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 25% of banks under $1B in assets in OK (rank 67 of 88).
  • Widest gap: total risk-based capital ratio trails 89% of banks under $1B in assets in OK (rank 79 of 89).
  • Overall: at or above the peer median on 0 of 9 directional measures.

Return on Assets

0.26%

Rank 78 of 89

Net Interest Margin

3.33%

Rank 73 of 89

Efficiency Ratio

80.15%

Rank 74 of 89

Equity / Assets

8.84%

Rank 73 of 89

Non-interest income vs. expense

$0.4M$2.6MINCOMEEXPENSE
Unfavorable gap of $2.1M · efficiency ratio beats 18% of banks under $1B in assets in OK
Bank 80.15%Peer median 61.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.26%0.85%1.26%1.60%Beats 12%78 / 89
Return on Equity2.90%7.40%11.89%14.65%Beats 12%78 / 89
Net Interest Margin3.33%3.46%3.93%4.45%Beats 18%73 / 89
Efficiency Ratio80.15%54.70%60.95%71.14%Beats 18%74 / 89
Asset Quality
Nonperforming Loans / Loans2.25%0.30%0.82%2.25%Beats 25%67 / 88
Net Charge-Offs / Loans0.31%0.00%0.03%0.20%Beats 20%71 / 88
Capital
Tier 1 Capital Ratio10.37%10.89%13.00%16.33%Beats 13%77 / 89
Total Risk-Based Capital Ratio10.37%11.20%13.06%16.33%Beats 11%79 / 89
Equity / Assets8.84%9.26%10.94%13.52%Beats 18%73 / 89
Liquidity & Funding
Loans / Deposits70.21%61.51%72.27%84.01%43rd pctl50 / 88
Loans / Assets63.37%52.51%63.15%71.27%51st pctl44 / 89
Brokered Deposits / Depositsn/aNot reported for this institution