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Martinsville First Savings Bank

Martinsville, VA · Cert 29685 · First Mutual Holding Co.

State savings bank · OCC · 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

90

Q2 2024Q2 2026peer median (50)

Asset Quality

71

Q2 2024Q2 2026peer median (50)

Profitability

17

Q2 2024Q2 2026peer median (50)

Liquidity

82

Q2 2024Q2 2026peer median

Efficiency

22

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

Martinsville First Savings Bank

Martinsville, VA · Cert 29685 · First Mutual Holding Co.

State savings bank · OCC · 4 affiliate banks · 1 branch (26 in holding)

Q2 2026

$32.1MAssets
$18.2MLoans
$24.8MDeposits
$7.2MEquity
Loan mix
100%RE $18.7M0%C&I $0.0M0%Consumer $0.1MQ2 2025Q2 2026
Deposit mix
99%Interest-bearing $24.4M1%Noninterest $0.4MQ2 2025Q2 2026

NIM

4.81%Q2 ’244.71%Q2 ’254.63%Q2 ’26-16%-3%

Non-interest income vs. expense

2.77%Q2 ’242.47%Q2 ’252.37%Q2 ’26-10%-5%

Executive Summary

  • Earnings: ROA of 0.41%, up 7 bps year over year; NIM at 2.95%.
  • Asset quality: problem loans at 0.65% of loans (-74 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 20.46%, up 74 bps from a year ago.
  • Funding: loans stand at 73.50% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.41%+7 bps YoY

Net Interest Margin (YTD, annualized)

2.95%-10 bps YoY

Efficiency Ratio (YTD, annualized)

80.99%-116 bps YoY

Tier 1 Leverage Ratio

20.46%+74 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.35%0.32%0.40%0.35%0.41%+7 bps
Return on Equity1.62%1.50%1.84%1.57%1.87%+25 bps
Net Interest Margin3.05%3.06%3.02%2.88%2.95%-10 bps
Efficiency Ratio82.16%83.59%80.06%82.46%80.99%-116 bps
Non-Interest Burden2.45%2.50%2.36%2.32%2.33%-12 bps
Growth
Asset Growth (YoY)-1.21%-3.53%-2.65%-0.13%-1.05%+16 bps
Loan Growth (YoY)-0.88%-2.04%-2.83%-5.42%-7.61%-672 bps
Deposit Growth (YoY)-2.43%-4.92%-3.95%-0.59%-1.82%+61 bps
Asset Quality
Nonperforming Loans / Loans1.39%1.25%1.27%1.06%0.65%-74 bps
Net Charge-Offs / Loans-0.05%-0.05%-0.04%-0.02%-0.01%+4 bps
Allowance / Loans0.81%0.83%0.85%0.87%0.86%+5 bps
Allowance Coverage of NPLs0.6x0.7x0.7x0.8x1.3x+0.7x
Capital
Tier 1 Leverage Ratio19.72%20.20%20.12%20.07%20.46%+74 bps
Total Risk-Based Capital42.95%44.02%44.93%46.11%48.01%+506 bps
Equity / Assets21.78%22.09%22.04%22.01%22.36%+58 bps
Liquidity & Funding
Loans / Deposits78.10%77.62%75.46%74.38%73.50%-460 bps
Liquid Assets / Assets22.63%23.93%26.33%27.74%29.10%+647 bps
CRE / Total Capitaln/a17.05%16.70%16.49%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

Martinsville First Savings Bank

Martinsville, VA · Cert 29685 · Peer group: banks under $1B in assets (n=573-620) · First Mutual Holding Co.

State savings bank · OCC · 4 affiliate banks · 1 branch (26 in holding)

Q2 2026

$32.1MAssets
$18.2MLoans
$24.8MDeposits
$7.2MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets (rank 162 of 573).
  • Widest gap: return on equity trails 89% of banks under $1B in assets (rank 549 of 620).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.42%

Rank 513 of 620

Net Interest Margin

2.95%

Rank 480 of 620

Efficiency Ratio

81.64%

Rank 487 of 620

Equity / Assets

22.36%

Rank 70 of 620

Non-interest income vs. expense

$12K$756KINCOMEEXPENSE
Unfavorable gap of $744K · efficiency ratio beats 22% of banks under $1B in assets
Bank 81.64%Peer median 68.1%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.42%0.60%1.00%1.45%Beats 17%513 / 620
Return on Equity1.87%5.30%9.30%13.29%Beats 11%549 / 620
Net Interest Margin2.95%3.02%3.53%4.04%Beats 23%480 / 620
Efficiency Ratio81.64%58.35%68.08%79.37%Beats 22%487 / 620
Asset Quality
Nonperforming Loans / Loans0.65%0.09%0.47%1.27%Beats 42%333 / 573
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 100%162 / 573
Capital
Tier 1 Capital Ratio46.86%11.27%13.87%18.78%Beats 91%56 / 620
Total Risk-Based Capital Ratio48.01%11.69%14.57%19.67%Beats 91%56 / 620
Equity / Assets22.36%9.03%10.60%13.73%Beats 89%70 / 620
Liquidity & Funding
Loans / Deposits73.50%65.08%79.69%92.47%38th pctl363 / 585
Loans / Assets56.80%51.85%67.17%77.86%32nd pctl424 / 620
Brokered Deposits / Depositsn/aNot reported for this institution