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First Progressive Bank

Brewton, AL · Cert 22549

State charter, Fed member · FED · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets3

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 (n=573 to 620). 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

87

Q2 2024Q2 2026peer median (50)

Asset Quality

53

Q2 2024Q2 2026peer median (50)

Profitability

16

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

24

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 2026-10-10

First Progressive Bank

Brewton, AL · Cert 22549

State charter, Fed member · FED · 1 branch

Q2 2026

$31.6MAssets
$10.5MLoans
$22.7MDeposits
$8.9MEquity
Loan mix
67%RE $6.8M27%C&I $2.8M6%Consumer $0.6MQ2 2025Q2 2026
Deposit mix
40%Interest-bearing $9.1M60%Noninterest $13.6MQ2 2025Q2 2026

NIM

2.95%Q2 ’242.86%Q2 ’253.18%Q2 ’26-3%+11%

Non-interest income vs. expense

2.33%Q2 ’242.53%Q2 ’252.56%Q2 ’26+10%+0%

Executive Summary

  • Earnings: ROA of 0.02%, down 10 bps year over year; NIM at 3.14%.
  • Asset quality: problem loans at 3.82% of loans (+243 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 28.01%, up 76 bps from a year ago.
  • Funding: loans stand at 46.07% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.02%-10 bps YoY

Net Interest Margin (YTD, annualized)

3.14%+32 bps YoY

Efficiency Ratio (YTD, annualized)

80.08%-862 bps YoY

Tier 1 Leverage Ratio

28.01%+76 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.12%0.25%0.36%-0.26%0.02%-10 bps
Return on Equity0.46%0.91%1.32%-0.95%0.09%-37 bps
Net Interest Margin2.82%2.90%3.03%3.28%3.14%+32 bps
Efficiency Ratio88.70%83.76%81.19%81.32%80.08%-862 bps
Non-Interest Burden2.49%2.42%2.45%2.65%2.50%+1 bps
Growth
Asset Growth (YoY)-2.16%-3.07%-0.86%0.63%-2.06%+10 bps
Loan Growth (YoY)2.36%2.57%-0.55%-3.40%-4.91%-727 bps
Deposit Growth (YoY)-3.39%-4.59%-1.66%0.39%-3.25%+14 bps
Asset Quality
Nonperforming Loans / Loans1.39%0.83%3.66%0.06%3.82%+243 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.34%1.51%1.54%2.22%2.24%+90 bps
Allowance Coverage of NPLs1.0x1.8x0.4x39.0x0.6x-0.4x
Capital
Tier 1 Leverage Ratio27.25%27.46%27.48%27.34%28.01%+76 bps
Total Risk-Based Capital27.25%27.46%27.48%27.34%28.01%+76 bps
Equity / Assets27.23%27.80%27.44%27.13%28.12%+89 bps
Liquidity & Funding
Loans / Deposits46.87%46.89%44.91%44.36%46.07%-80 bps
Liquid Assets / Assets54.09%49.92%53.40%52.92%54.69%+60 bps
CRE / Total Capitaln/a21.41%21.54%18.90%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 2026-10-10

First Progressive Bank

Brewton, AL · Cert 22549 · Peer group: banks under $1B in assets (n=573-620)

State charter, Fed member · FED · 1 branch

Q2 2026

$31.6MAssets
$10.5MLoans
$22.7MDeposits
$8.9MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets (rank 162 of 573).
  • Widest gap: nonperforming loans / loans trails 95% of banks under $1B in assets (rank 548 of 573).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.03%

Rank 568 of 620

Net Interest Margin

3.14%

Rank 429 of 620

Efficiency Ratio

80.08%

Rank 475 of 620

Equity / Assets

28.12%

Rank 59 of 620

Non-interest income vs. expense

$18K$812KINCOMEEXPENSE
Unfavorable gap of $794K · efficiency ratio beats 24% of banks under $1B in assets
Bank 80.08%Peer median 68.1%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.03%0.60%1.00%1.45%Beats 8%568 / 620
Return on Equity0.09%5.30%9.30%13.29%Beats 8%570 / 620
Net Interest Margin3.14%3.02%3.53%4.04%Beats 31%429 / 620
Efficiency Ratio80.08%58.35%68.08%79.37%Beats 24%475 / 620
Asset Quality
Nonperforming Loans / Loans3.82%0.09%0.47%1.27%Beats 5%548 / 573
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 100%162 / 573
Capital
Tier 1 Capital Ratio28.01%11.27%13.87%18.78%Beats 86%84 / 620
Total Risk-Based Capital Ratio28.01%11.69%14.57%19.67%Beats 86%89 / 620
Equity / Assets28.12%9.03%10.60%13.73%Beats 90%59 / 620
Liquidity & Funding
Loans / Deposits46.07%65.08%79.69%92.47%10th pctl526 / 585
Loans / Assets33.11%51.85%67.17%77.86%13th pctl541 / 620
Brokered Deposits / Depositsn/aNot reported for this institution