PackageTrendsPeer
Letter portraitLegal landscape

First Federal Bank

Dunn, NC · Cert 31077 · First Federal Financial Corp.

State savings bank · OCC · 7 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 in a single state3

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 in a single state (n=743 to 746). 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

46

Q2 2024Q2 2026peer median (50)

Asset Quality

74

Q2 2024Q2 2026peer median (50)

Profitability

15

Q2 2024Q2 2026peer median (50)

Liquidity

88

Q2 2024Q2 2026peer median

Efficiency

10

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

First Federal Bank

Dunn, NC · Cert 31077 · First Federal Financial Corp.

State savings bank · OCC · 7 branches

Q2 2026

$275.6MAssets
$202.6MLoans
$250.5MDeposits
$18.7MEquity
Loan mix
95%RE $190.7M4%C&I $7.7M1%Consumer $2.5MQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $194.5M22%Noninterest $56.0MQ2 2025Q2 2026

NIM

4.07%Q2 ’244.16%Q2 ’254.46%Q2 ’26+5%+8%

Non-interest income vs. expense

2.89%Q2 ’242.87%Q2 ’252.91%Q2 ’26-1%+1%

Market Position · Raleigh-Cary, NC · 2026 SOD (annual) · 0.1% share · #25 of 37 inst. · $0.1B of $110.3B

11.8% Harnett
1.3% Johnston
0.0% Wake

Executive Summary

  • Earnings: ROA of 0.29%, up 7 bps year over year; NIM at 3.04%.
  • Asset quality: problem loans at 0.47% of loans (-39 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.25%, unchanged from a year ago.
  • Funding: loans stand at 80.87% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.29%+7 bps YoY

Net Interest Margin (YTD, annualized)

3.04%+23 bps YoY

Efficiency Ratio (YTD, annualized)

85.36%-528 bps YoY

Tier 1 Leverage Ratio

9.25%0 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.22%0.27%0.30%0.19%0.29%+7 bps
Return on Equity3.48%4.22%4.63%2.85%4.33%+85 bps
Net Interest Margin2.81%2.89%2.90%3.00%3.04%+23 bps
Efficiency Ratio90.64%88.94%87.91%85.78%85.36%-528 bps
Non-Interest Burden2.51%2.53%2.50%2.52%2.54%+3 bps
Growth
Asset Growth (YoY)1.99%3.40%7.01%3.59%4.90%+292 bps
Loan Growth (YoY)3.47%7.26%4.97%7.60%6.65%+318 bps
Deposit Growth (YoY)2.25%3.64%8.32%3.28%3.93%+168 bps
Asset Quality
Nonperforming Loans / Loans0.86%0.83%0.56%0.53%0.47%-39 bps
Net Charge-Offs / Loans0.00%0.00%0.25%0.00%0.00%0 bps
Allowance / Loans1.08%1.04%0.78%0.84%0.84%-24 bps
Allowance Coverage of NPLs1.2x1.3x1.4x1.6x1.8x+0.5x
Capital
Tier 1 Leverage Ratio9.25%9.35%9.26%9.16%9.25%0 bps
Total Risk-Based Capital17.16%16.84%16.69%16.46%16.59%-57 bps
Equity / Assets5.97%6.68%6.69%6.61%6.77%+80 bps
Liquidity & Funding
Loans / Deposits78.80%82.27%79.73%81.15%80.87%+207 bps
Liquid Assets / Assets6.31%3.47%6.25%5.39%5.87%-44 bps
CRE / Total Capitaln/a244%247%262%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

First Federal Bank

Dunn, NC · Cert 31077 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · First Federal Financial Corp.

State savings bank · OCC · 7 branches

Q2 2026

$275.6MAssets
$202.6MLoans
$250.5MDeposits
$18.7MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 185 of 743).
  • Widest gap: equity / assets trails 95% of banks under $1B in assets operating in a single state (rank 708 of 746).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.29%

Rank 675 of 746

Net Interest Margin

3.04%

Rank 603 of 746

Efficiency Ratio

85.36%

Rank 669 of 746

Equity / Assets

6.77%

Rank 708 of 746

Non-interest income vs. expense

$1.0M$8.2MINCOMEEXPENSE
Unfavorable gap of $7.1M · efficiency ratio beats 10% of banks under $1B in assets operating in a single state
Bank 85.36%Peer median 64.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.29%0.72%1.06%1.45%Beats 10%675 / 746
Return on Equity4.24%6.74%10.51%13.63%Beats 15%633 / 746
Net Interest Margin3.04%3.17%3.68%4.16%Beats 19%603 / 746
Efficiency Ratio85.36%55.74%64.58%75.47%Beats 10%669 / 746
Asset Quality
Nonperforming Loans / Loans0.47%0.09%0.42%1.07%Beats 47%392 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio15.47%11.55%13.75%17.60%Beats 65%258 / 746
Total Risk-Based Capital Ratio16.59%11.71%14.33%18.43%Beats 67%246 / 746
Equity / Assets6.77%8.90%10.51%13.06%Beats 5%708 / 746
Liquidity & Funding
Loans / Deposits80.87%61.31%78.27%90.78%56th pctl331 / 746
Loans / Assets73.52%53.60%66.97%76.08%68th pctl240 / 746
Brokered Deposits / Depositsn/aNot reported for this institution