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First Federal Savings Bank of Washington

Washington, IN · Cert 29710

SI · FDIC · 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

29

Q2 2024Q2 2026peer median (50)

Asset Quality

41

Q2 2024Q2 2026peer median (50)

Profitability

28

Q2 2024Q2 2026peer median (50)

Liquidity

16

Q2 2024Q2 2026peer median

Efficiency

26

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 Federal Savings Bank of Washington

Washington, IN · Cert 29710

SI · FDIC · 1 branch

Q2 2026

$94.4MAssets
$73.0MLoans
$73.6MDeposits
$9.9MEquity
Loan mix
96%RE $67.5M3%C&I $1.8M2%Consumer $1.2MQ3 2024Q2 2026
Deposit mix
84%Interest-bearing $62.2M16%Noninterest $11.4MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.50%, up 20 bps year over year; NIM at 3.37%.
  • Asset quality: problem loans at 2.06% of loans (+17 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.98%, up 31 bps from a year ago.
  • Funding: loans stand at 99.25% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.50%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.37%+34 bps YoY

Efficiency Ratio (YTD, annualized)

78.63%-558 bps YoY

Tier 1 Leverage Ratio

10.98%+31 bps YoY

NIM

4.76%Q2 ’245.12%Q2 ’255.20%Q2 ’26+16%+11%

Non-interest income vs. expense

2.71%Q2 ’242.64%Q2 ’252.76%Q2 ’26-2%+3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.11%-0.01%0.30%0.31%0.39%0.38%0.57%0.50%+20 bps
Return on Equity1.03%-0.09%2.95%2.99%3.83%3.75%5.46%4.82%+183 bps
Net Interest Margin2.62%2.63%2.94%3.03%2.93%2.96%3.30%3.37%+34 bps
Efficiency Ratio92.30%99.47%84.22%84.21%80.66%81.37%76.33%78.63%-558 bps
Non-Interest Burden2.40%2.61%2.45%2.53%2.34%2.39%2.48%2.62%+9 bps
Growth
Asset Growth (YoY)16.95%12.23%6.04%-1.16%1.60%4.72%3.26%2.26%+342 bps
Loan Growth (YoY)14.03%11.12%7.90%4.83%3.47%2.89%1.42%1.13%-371 bps
Deposit Growth (YoY)11.78%7.00%4.17%-1.38%0.70%4.15%3.65%-0.14%+124 bps
Asset Quality
Nonperforming Loans / Loans2.55%1.94%1.91%1.89%1.86%2.28%2.13%2.06%+17 bps
Net Charge-Offs / Loans0.01%0.01%0.02%0.01%0.02%0.01%0.00%0.00%-1 bps
Allowance / Loans0.76%0.79%0.82%0.83%0.84%0.87%0.92%0.92%+9 bps
Allowance Coverage of NPLs0.3x0.4x0.4x0.4x0.5x0.4x0.4x0.4x0.0x
Capital
Tier 1 Leverage Ratio10.59%10.42%10.50%10.67%10.42%10.39%10.67%10.98%+31 bps
Total Risk-Based Capital10.59%10.42%10.50%10.67%10.42%10.39%10.67%10.98%+31 bps
Equity / Assets10.04%10.08%10.34%10.18%10.16%10.19%10.55%10.46%+28 bps
Liquidity & Funding
Loans / Deposits94.09%96.59%95.65%98.01%96.69%95.42%93.60%99.25%+125 bps
Liquid Assets / Assets4.41%4.44%4.78%6.10%5.37%5.74%6.24%3.99%-211 bps
CRE / Total Capitaln/an/an/an/a125.62%110.02%109.89%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 Federal Savings Bank of Washington

Washington, IN · Cert 29710 · Peer group: banks under $1B in assets (n=573-620)

SI · FDIC · 1 branch

Q2 2026

$94.4MAssets
$73.0MLoans
$73.6MDeposits
$9.9MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 67% of banks under $1B in assets (rank 193 of 573).
  • Widest gap: nonperforming loans / loans trails 86% of banks under $1B in assets (rank 496 of 573).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.50%

Rank 500 of 620

Net Interest Margin

3.37%

Rank 359 of 620

Efficiency Ratio

78.63%

Rank 459 of 620

Equity / Assets

10.46%

Rank 324 of 620

Non-interest income vs. expense

$0.1M$2.5MINCOMEEXPENSE
Unfavorable gap of $2.4M · efficiency ratio beats 26% of banks under $1B in assets
Bank 78.63%Peer median 68.1%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.50%0.60%1.00%1.45%Beats 19%500 / 620
Return on Equity4.78%5.30%9.30%13.29%Beats 22%482 / 620
Net Interest Margin3.37%3.02%3.53%4.04%Beats 42%359 / 620
Efficiency Ratio78.63%58.35%68.08%79.37%Beats 26%459 / 620
Asset Quality
Nonperforming Loans / Loans2.06%0.09%0.47%1.27%Beats 14%496 / 573
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 67%193 / 573
Capital
Tier 1 Capital Ratio10.98%11.27%13.87%18.78%Beats 22%486 / 620
Total Risk-Based Capital Ratio10.98%11.69%14.57%19.67%Beats 18%506 / 620
Equity / Assets10.46%9.03%10.60%13.73%Beats 48%324 / 620
Liquidity & Funding
Loans / Deposits99.25%65.08%79.69%92.47%85th pctl85 / 585
Loans / Assets77.37%51.85%67.17%77.86%74th pctl159 / 620
Brokered Deposits / Depositsn/aNot reported for this institution