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Farmers Bank and Trust Company

Princeton, KY · Cert 2765 · United Bcorp of Princeton Inc.

State charter, non-member · FDIC · 3 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 KY3

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 KY (n=69). 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

9

Q2 2024Q2 2026peer median (50)

Asset Quality

81

Q2 2024Q2 2026peer median (50)

Profitability

63

Q2 2024Q2 2026peer median (50)

Liquidity

66

Q2 2024Q2 2026peer median

Efficiency

62

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

Farmers Bank and Trust Company

Princeton, KY · Cert 2765 · United Bcorp of Princeton Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$247.8MAssets
$188.4MLoans
$215.1MDeposits
$18.8MEquity
Loan mix
94%RE $165.5M5%C&I $8.0M1%Consumer $1.7MQ3 2024Q2 2026
Deposit mix
79%Interest-bearing $170.9M21%Noninterest $44.2MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.28%, up 20 bps year over year; NIM at 3.66%.
  • Asset quality: problem loans at 0.04% of loans (-9 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 9.46%, up 7 bps from a year ago.
  • Funding: loans stand at 87.59% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.28%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.66%+34 bps YoY

Efficiency Ratio (YTD, annualized)

58.31%-513 bps YoY

Tier 1 Leverage Ratio

9.46%+7 bps YoY

NIM

4.95%Q2 ’245.21%Q2 ’255.40%Q2 ’26+9%+10%

Non-interest income vs. expense

2.76%Q2 ’242.60%Q2 ’252.51%Q2 ’26-6%+2%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.80%0.87%0.94%1.08%1.13%1.15%1.17%1.28%+20 bps
Return on Equity11.83%12.97%14.73%16.61%16.89%16.93%16.15%17.45%+84 bps
Net Interest Margin3.07%3.02%3.21%3.32%3.37%3.38%3.60%3.66%+34 bps
Efficiency Ratio71.74%70.12%66.30%63.44%62.47%62.36%60.81%58.31%-513 bps
Non-Interest Burden1.98%1.89%1.86%1.83%1.82%1.84%1.94%1.87%+4 bps
Growth
Asset Growth (YoY)2.95%6.02%12.48%9.27%12.02%10.31%5.65%11.35%+208 bps
Loan Growth (YoY)13.04%19.56%22.94%20.86%22.00%15.09%11.04%12.76%-811 bps
Deposit Growth (YoY)2.26%1.26%11.26%8.68%11.13%10.14%5.10%5.82%-286 bps
Asset Quality
Nonperforming Loans / Loans0.02%0.07%0.07%0.13%0.11%0.05%0.02%0.04%-9 bps
Net Charge-Offs / Loans0.02%0.02%0.02%0.01%0.02%0.02%0.01%0.01%0 bps
Allowance / Loans1.32%1.20%1.21%1.23%1.20%1.19%1.25%1.26%+3 bps
Allowance Coverage of NPLs70.2x17.5x16.9x9.3x11.1x24.7x51.7x29.4x+20.0x
Capital
Tier 1 Leverage Ratio10.12%9.49%9.35%9.39%9.50%9.27%9.31%9.46%+7 bps
Total Risk-Based Capital10.12%9.49%9.35%9.39%9.50%9.27%9.31%9.46%+7 bps
Equity / Assets7.51%6.33%6.47%6.69%7.20%7.15%7.30%7.60%+91 bps
Liquidity & Funding
Loans / Deposits78.20%81.97%78.10%82.20%85.84%85.65%82.52%87.59%+539 bps
Liquid Assets / Assets1.16%1.26%4.74%0.98%0.91%0.77%3.13%1.47%+49 bps
CRE / Total Capitaln/an/an/an/a396%408%377%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

Farmers Bank and Trust Company

Princeton, KY · Cert 2765 · Peer group: banks under $1B in assets in KY (n=69) · United Bcorp of Princeton Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$247.8MAssets
$188.4MLoans
$215.1MDeposits
$18.8MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 90% of banks under $1B in assets in KY (rank 8 of 69).
  • Widest gap: total risk-based capital ratio trails 94% of banks under $1B in assets in KY (rank 65 of 69).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.26%

Rank 26 of 69

Net Interest Margin

3.66%

Rank 39 of 69

Efficiency Ratio

58.31%

Rank 27 of 69

Equity / Assets

7.60%

Rank 59 of 69

Non-interest income vs. expense

$1.6M$6.1MINCOMEEXPENSE
Unfavorable gap of $4.6M · efficiency ratio beats 62% of banks under $1B in assets in KY
Bank 58.31%Peer median 63.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.26%0.83%1.18%1.44%Beats 62%26 / 69
Return on Equity16.56%7.64%11.70%15.70%Beats 84%11 / 69
Net Interest Margin3.66%3.45%3.75%3.96%Beats 43%39 / 69
Efficiency Ratio58.31%55.32%62.99%70.80%Beats 62%27 / 69
Asset Quality
Nonperforming Loans / Loans0.04%0.18%0.52%1.14%Beats 90%8 / 69
Net Charge-Offs / Loans0.01%0.01%0.02%0.06%Beats 71%21 / 69
Capital
Tier 1 Capital Ratio9.46%11.33%13.58%16.27%Beats 7%64 / 69
Total Risk-Based Capital Ratio9.46%11.55%14.43%17.27%Beats 6%65 / 69
Equity / Assets7.60%8.31%9.91%12.53%Beats 14%59 / 69
Liquidity & Funding
Loans / Deposits87.59%71.40%81.07%88.03%72nd pctl19 / 69
Loans / Assets76.03%61.10%68.66%76.68%71st pctl20 / 69
Brokered Deposits / Depositsn/aNot reported for this institution