PackageTrendsPeer
Letter portraitLegal landscape

First Western Federal Savings Bank

Rapid City, SD · Cert 31972

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 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

81

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

79

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

81

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 Western Federal Savings Bank

Rapid City, SD · Cert 31972

State savings bank · OCC · 1 branch

Q2 2026

$63.5MAssets
$58.6MLoans
$40.6MDeposits
$11.2MEquity
Loan mix
100%RE $57.0M0%C&I $0.0M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
93%Interest-bearing $37.7M7%Noninterest $2.8MQ2 2025Q2 2026

NIM

7.17%Q2 ’247.89%Q2 ’257.86%Q2 ’26+24%+7%

Non-interest income vs. expense

2.65%Q2 ’242.92%Q2 ’252.72%Q2 ’26+10%-7%

Market Position · Rapid City, SD · 2026 SOD (annual) · 1.0% share · #11 of 11 inst. · $0.0B of $3.9B

Executive Summary

  • Earnings: ROA of 1.81%, up 38 bps year over year; NIM at 5.15%.
  • Asset quality: problem loans at 0.00% of loans (-16 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 18.08%, up 11 bps from a year ago.
  • Funding: loans stand at 144.42% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.81%+38 bps YoY

Net Interest Margin (YTD, annualized)

5.15%+35 bps YoY

Efficiency Ratio (YTD, annualized)

52.79%-805 bps YoY

Tier 1 Leverage Ratio

18.08%+11 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.43%1.35%1.45%1.70%1.81%+38 bps
Return on Equity8.30%7.81%8.47%10.24%10.71%+241 bps
Net Interest Margin4.80%4.76%4.41%4.73%5.15%+35 bps
Efficiency Ratio60.84%63.20%60.39%54.70%52.79%-805 bps
Non-Interest Burden2.92%3.01%2.66%2.58%2.72%-20 bps
Growth
Asset Growth (YoY)-2.99%-3.22%3.92%8.24%5.19%+818 bps
Loan Growth (YoY)-3.95%-2.97%-1.44%1.79%4.85%+881 bps
Deposit Growth (YoY)-8.24%-7.44%0.19%9.68%7.17%+1,541 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.00%0.00%0.00%0.00%-16 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.70%0.68%0.69%0.68%0.66%-3 bps
Allowance Coverage of NPLs4.4xn/an/an/an/an/a
Capital
Tier 1 Leverage Ratio17.97%17.82%16.56%16.51%18.08%+11 bps
Total Risk-Based Capital17.97%17.82%16.56%16.51%18.08%+11 bps
Equity / Assets17.78%17.56%16.35%16.81%17.67%-11 bps
Liquidity & Funding
Loans / Deposits147.61%140.79%127.37%129.45%144.42%-319 bps
Liquid Assets / Assets5.92%6.07%14.03%11.72%6.36%+44 bps
CRE / Total Capitaln/a28.05%30.34%27.54%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 Western Federal Savings Bank

Rapid City, SD · Cert 31972 · Peer group: banks under $1B in assets operating in a single state (n=743-746)

State savings bank · OCC · 1 branch

Q2 2026

$63.5MAssets
$58.6MLoans
$40.6MDeposits
$11.2MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets operating in a single state (rank 105 of 743).
  • Widest gap: return on equity trails 50% of banks under $1B in assets operating in a single state (rank 372 of 746).
  • Overall: at or above the peer median on 9 of 9 directional measures.

Return on Assets

1.86%

Rank 70 of 746

Net Interest Margin

5.15%

Rank 21 of 746

Efficiency Ratio

52.79%

Rank 146 of 746

Equity / Assets

17.67%

Rank 57 of 746

Non-interest income vs. expense

$0.0M$1.7MINCOMEEXPENSE
Unfavorable gap of $1.7M · efficiency ratio beats 81% of banks under $1B in assets operating in a single state
Bank 52.79%Peer median 64.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.86%0.72%1.06%1.45%Beats 91%70 / 746
Return on Equity10.55%6.74%10.51%13.63%Beats 50%372 / 746
Net Interest Margin5.15%3.17%3.68%4.16%Beats 97%21 / 746
Efficiency Ratio52.79%55.74%64.58%75.47%Beats 81%146 / 746
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.42%1.07%Beats 100%105 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 100%185 / 743
Capital
Tier 1 Capital Ratio18.08%11.55%13.75%17.60%Beats 77%169 / 746
Total Risk-Based Capital Ratio18.08%11.71%14.33%18.43%Beats 74%196 / 746
Equity / Assets17.67%8.90%10.51%13.06%Beats 92%57 / 746
Liquidity & Funding
Loans / Deposits144.42%61.31%78.27%90.78%99th pctl4 / 746
Loans / Assets92.18%53.60%66.97%76.08%99th pctl4 / 746
Brokered Deposits / Depositsn/aNot reported for this institution