First Mutual Bank, FSB

Belpre, OH · Cert 29617 · First Mutual Holding Co.

State savings bank · OCC · 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 operating regionally3

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 operating regionally (n=94). 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

Asset Quality

Profitability

Liquidity

Efficiency

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.

First Mutual Bank, FSB

Belpre, OH · Cert 29617 · First Mutual Holding Co.

State savings bank · OCC · 4 affiliate banks · 3 branches (26 in holding)

Q2 2026

$109.9MAssets

$67.9MLoans

$90.6MDeposits

$10.8MEquity

Loan mix

Deposit mix

Market Position · Parkersburg-Vienna, WV · 2026 SOD (annual) · 0.7% share · #9 of 9 inst. · $0.0B of $2.3B

7.1% Wetzel

1.2% Washington

0.7% Wood

Executive Summary

Earnings: ROA of 0.29%, down 3 bps year over year; NIM at 2.50%.
Asset quality: problem loans at 0.55% of loans (+6 bps YoY), with net charge-offs at 0.08%.
Capital: tier 1 leverage ratio of 9.60%, up 19 bps from a year ago.
Funding: loans stand at 74.91% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.29%-3 bps YoY

Net Interest Margin (YTD, annualized)

2.50%-12 bps YoY

Efficiency Ratio (YTD, annualized)

86.77%+66 bps YoY

Tier 1 Leverage Ratio

9.60%+19 bps YoY

NIM

Non-interest income vs. expense

Year to date, annualized, through each quarter.

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.05%	0.08%	0.42%	0.32%	0.27%	0.27%	0.19%	0.29%	-3 bps
Return on Equity	0.64%	1.05%	4.90%	3.67%	3.04%	2.93%	2.02%	3.04%	-62 bps
Net Interest Margin	1.98%	2.33%	2.54%	2.61%	2.63%	2.56%	2.47%	2.50%	-12 bps
Efficiency Ratio	94.82%	94.44%	83.15%	86.12%	88.92%	90.26%	89.76%	86.77%	+66 bps
Non-Interest Burden	1.89%	2.20%	1.98%	2.12%	2.22%	2.19%	2.10%	2.04%	-8 bps
Growth
Asset Growth (YoY)	1.34%	-4.28%	-20.28%	-20.81%	-2.82%	0.79%	-0.82%	-0.33%	+2,048 bps
Loan Growth (YoY)	2.82%	4.54%	4.58%	2.12%	2.99%	-1.84%	-2.28%	-4.36%	-648 bps
Deposit Growth (YoY)	-2.37%	-3.42%	-4.08%	-6.28%	-1.51%	1.68%	0.68%	3.07%	+935 bps
Asset Quality
Nonperforming Loans / Loans	0.60%	0.42%	0.73%	0.49%	0.48%	0.90%	0.90%	0.55%	+6 bps
Net Charge-Offs / Loans	0.00%	0.00%	0.00%	0.05%	0.04%	0.03%	0.16%	0.08%	+3 bps
Allowance / Loans	0.84%	0.82%	0.83%	0.82%	0.79%	0.76%	0.76%	0.76%	-6 bps
Allowance Coverage of NPLs	1.4x	2.0x	1.1x	1.7x	1.7x	0.8x	0.8x	1.4x	-0.3x
Capital
Tier 1 Leverage Ratio	7.47%	8.93%	9.20%	9.41%	9.57%	9.44%	9.51%	9.60%	+19 bps
Total Risk-Based Capital	19.01%	19.06%	18.85%	18.51%	18.18%	19.07%	19.47%	19.61%	+110 bps
Equity / Assets	8.87%	8.29%	8.84%	9.10%	9.52%	9.52%	9.65%	9.81%	+71 bps
Liquidity & Funding
Loans / Deposits	76.02%	78.74%	76.92%	80.73%	79.49%	76.02%	74.66%	74.91%	-581 bps
Liquid Assets / Assets	6.68%	6.08%	5.99%	3.95%	3.99%	6.52%	6.09%	6.05%	+210 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	49.71%	52.16%	50.57%	n/a	n/a

First Mutual Bank, FSB

Belpre, OH · Cert 29617 · Peer group: banks under $1B in assets operating regionally (n=94) · First Mutual Holding Co.

State savings bank · OCC · 4 affiliate banks · 3 branches (26 in holding)

Q2 2026

$109.9MAssets

$67.9MLoans

$90.6MDeposits

$10.8MEquity

Executive Summary

Strongest standing: tier 1 capital ratio outperforms 88% of banks under $1B in assets operating regionally (rank 11 of 94).
Widest gap: net interest margin trails 99% of banks under $1B in assets operating regionally (rank 93 of 94).
Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.30%

Rank 87 of 94

Net Interest Margin

2.50%

Rank 93 of 94

Efficiency Ratio

86.90%

Rank 85 of 94

Equity / Assets

9.81%

Rank 58 of 94

Non-interest income vs. expense

Unfavorable gap of $2.3M · efficiency ratio beats 11% of banks under $1B in assets operating regionally

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank
Earnings
Return on Assets	0.30%	0.82%	1.19%	1.46%	Beats 7%	87 / 94
Return on Equity	3.02%	7.85%	11.84%	14.03%	Beats 10%	85 / 94
Net Interest Margin	2.50%	3.42%	3.81%	4.18%	Beats 1%	93 / 94
Efficiency Ratio	86.90%	55.99%	62.41%	73.02%	Beats 11%	85 / 94
Asset Quality
Nonperforming Loans / Loans	0.55%	0.19%	0.47%	1.14%	Beats 47%	51 / 94
Net Charge-Offs / Loans	0.04%	0.00%	0.02%	0.05%	Beats 36%	61 / 94
Capital
Tier 1 Capital Ratio	18.65%	10.28%	11.95%	15.07%	Beats 88%	11 / 94
Total Risk-Based Capital Ratio	19.61%	10.31%	12.59%	15.88%	Beats 88%	11 / 94
Equity / Assets	9.81%	8.98%	10.21%	11.41%	Beats 38%	58 / 94
Liquidity & Funding
Loans / Deposits	74.91%	72.62%	84.44%	94.55%	29th pctl	67 / 94
Loans / Assets	61.78%	62.50%	72.84%	78.99%	21st pctl	74 / 94
Brokered Deposits / Deposits	n/a	Not reported for this institution