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First Savings Bank of Renton

Renton, WA · Cert 29058

FDIC · 15 branches

Q1 2025

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q1 2025, the quarter ended March 31, 2025, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=289 to 295). 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

75

Q2 2024Q1 2025peer median (50)

Asset Quality

71

Q2 2024Q1 2025peer median (50)

Profitability

6

Q2 2024Q1 2025peer median (50)

Liquidity

13

Q2 2024Q1 2025peer median

Efficiency

3

Q2 2024Q1 2025peer 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 Savings Bank of Renton

Renton, WA · Cert 29058

FDIC · 15 branches

Q1 2025

$1.4BAssets
$1.2BLoans
$1.2BDeposits
$155.7MEquity
Loan mix
93%RE $767.1M0%C&I $2.6M7%Consumer $55.0MQ1 2024Q1 2025
Deposit mix
92%Interest-bearing $1.1B8%Noninterest $0.1BQ1 2024Q1 2025

NIM

4.86%Q1 ’235.21%Q1 ’245.17%Q1 ’25-20%0%

Non-interest income vs. expense

2.27%Q1 ’232.87%Q1 ’242.49%Q1 ’25+27%-15%

Market Position · Seattle-Tacoma-Bellevue, WA · 2024 SOD (annual) · 0.8% share · #15 of 46 inst. · $1.1B of $141.3B

0.8% King
1.2% Snohomish
0.1% Pierce

Executive Summary

  • Earnings: ROA of 0.05%, up 22 bps year over year; NIM at 2.36%.
  • Asset quality: problem loans at 0.03% of loans (+1 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 11.11%, up 69 bps from a year ago.
  • Funding: loans stand at 98.97% of deposits as of Q1 2025.

Financial Results

Return on Assets (YTD, annualized)

0.05%+22 bps YoY

Net Interest Margin (YTD, annualized)

2.36%-1 bps YoY

Efficiency Ratio (YTD, annualized)

95.87%-1,491 bps YoY

Tier 1 Leverage Ratio

11.11%+69 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025YoY ΔTrend
Earnings
Return on Assets-0.17%0.19%0.10%0.18%0.05%+22 bps
Return on Equity-1.66%1.81%0.95%1.69%0.48%+214 bps
Net Interest Margin2.36%2.45%2.39%2.41%2.36%-1 bps
Efficiency Ratio110.78%93.52%91.90%92.32%95.87%-1,491 bps
Non-Interest Burden2.65%2.28%2.19%2.22%2.25%-39 bps
Growth
Asset Growth (YoY)-6.73%-5.28%-4.90%-5.34%-1.93%+480 bps
Loan Growth (YoY)-3.57%-3.17%-3.46%-3.02%-0.08%+349 bps
Deposit Growth (YoY)-5.06%-11.27%-3.84%-5.39%-1.11%+395 bps
Asset Quality
Nonperforming Loans / Loans0.02%0.41%0.07%0.07%0.03%+1 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.02%+2 bps
Allowance / Loans1.30%1.29%1.42%1.30%1.31%+2 bps
Allowance Coverage of NPLs60.5x3.1x19.1x17.9x38.5x-22.0x
Capital
Tier 1 Leverage Ratio10.41%10.91%10.86%11.16%11.11%+69 bps
Total Risk-Based Capital16.24%16.64%16.68%16.65%16.65%+42 bps
Equity / Assets10.34%10.64%10.61%10.93%10.81%+48 bps
Liquidity & Funding
Loans / Deposits97.96%104.65%96.72%101.14%98.97%+101 bps
Liquid Assets / Assets2.91%3.50%5.20%2.71%4.23%+132 bps
CRE / Total Capitaln/an/an/an/an/an/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 Savings Bank of Renton

Renton, WA · Cert 29058 · Peer group: banks $1B-$10B in assets (n=289-295)

FDIC · 15 branches

Q1 2025

$1.4BAssets
$1.2BLoans
$1.2BDeposits
$155.7MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 91% of banks $1B-$10B in assets (rank 27 of 289).
  • Widest gap: efficiency ratio trails 97% of banks $1B-$10B in assets (rank 286 of 293).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

0.05%

Rank 283 of 295

Net Interest Margin

2.36%

Rank 262 of 295

Efficiency Ratio

96.18%

Rank 286 of 293

Equity / Assets

10.81%

Rank 101 of 295

Non-interest income vs. expense

$3.4M$36.1MINCOMEEXPENSE
Unfavorable gap of $32.7M · efficiency ratio beats 3% of banks $1B-$10B in assets
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.05%0.66%0.99%1.28%Beats 4%283 / 295
Return on Equity0.48%6.86%10.32%12.56%Beats 4%283 / 295
Net Interest Margin2.36%2.78%3.17%3.67%Beats 11%262 / 295
Efficiency Ratio96.18%55.64%64.40%72.15%Beats 3%286 / 293
Asset Quality
Nonperforming Loans / Loans0.03%0.14%0.43%0.88%Beats 91%27 / 289
Net Charge-Offs / Loans0.01%0.00%0.01%0.03%Beats 51%144 / 289
Capital
Tier 1 Capital Ratio15.40%11.30%12.70%14.80%Beats 79%62 / 295
Total Risk-Based Capital Ratio16.65%12.21%13.57%15.83%Beats 81%56 / 295
Equity / Assets10.81%8.74%9.92%11.39%Beats 66%101 / 295
Liquidity & Funding
Loans / Deposits98.97%77.01%86.08%94.78%87th pctl37 / 290
Loans / Assets80.37%65.46%73.72%80.10%75th pctl71 / 289
Brokered Deposits / Depositsn/aNot reported for this institution