First American State Bank

Greenwood Village, CO · Cert 34040 · First American Bcorp

State charter, Fed member · FED · 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=581 to 629). 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 American State Bank

Greenwood Village, CO · Cert 34040 · First American Bcorp

State charter, Fed member · FED · 1 branch

Q2 2026

$276.9MAssets

$194.7MLoans

$207.1MDeposits

$25.0MEquity

Loan mix

Deposit mix

Market Position · Denver-Aurora-Centennial, CO · 2026 SOD (annual) · 0.2% share · #37 of 68 inst. · $0.2B of $113.6B

Executive Summary

Earnings: ROA of 0.44%, up 3 bps year over year; NIM at 2.83%.
Asset quality: problem loans at 0.24% of loans (-5 bps YoY), with net charge-offs at 0.00%.
Capital: tier 1 leverage ratio of 9.67%, up 75 bps from a year ago.
Funding: loans stand at 94.00% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.44%+3 bps YoY

Net Interest Margin (YTD, annualized)

2.83%+22 bps YoY

Efficiency Ratio (YTD, annualized)

80.88%+159 bps YoY

Tier 1 Leverage Ratio

9.67%+75 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	0.26%	0.08%	0.25%	0.41%	0.45%	0.51%	0.42%	0.44%	+3 bps
Return on Equity	2.91%	0.88%	3.01%	4.95%	5.38%	5.96%	4.74%	4.93%	-3 bps
Net Interest Margin	2.34%	2.34%	2.51%	2.61%	2.60%	2.62%	2.78%	2.83%	+22 bps
Efficiency Ratio	89.13%	86.68%	83.49%	79.29%	79.55%	77.63%	81.74%	80.88%	+159 bps
Non-Interest Burden	2.08%	2.02%	2.09%	2.05%	2.05%	2.02%	2.27%	2.28%	+23 bps
Growth
Asset Growth (YoY)	0.86%	-0.48%	2.30%	1.67%	2.02%	-1.86%	-4.83%	-5.29%	-696 bps
Loan Growth (YoY)	2.05%	-2.10%	0.08%	3.36%	-0.41%	-3.80%	-5.36%	-9.41%	-1,277 bps
Deposit Growth (YoY)	-19.44%	-16.44%	-2.55%	2.73%	9.74%	6.29%	-0.71%	3.35%	+62 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.30%	0.30%	0.32%	0.32%	0.24%	-5 bps
Net Charge-Offs / Loans	0.00%	0.00%	-0.05%	-0.02%	-0.02%	-0.01%	0.00%	0.00%	+3 bps
Allowance / Loans	0.87%	1.32%	1.41%	1.39%	1.39%	0.96%	0.95%	0.97%	-42 bps
Allowance Coverage of NPLs	1837.0x	935.7x	994.3x	4.6x	4.6x	3.0x	2.9x	4.0x	-0.7x
Capital
Tier 1 Leverage Ratio	9.14%	8.79%	8.38%	8.92%	8.98%	9.02%	9.37%	9.67%	+75 bps
Total Risk-Based Capital	14.24%	14.48%	14.55%	14.65%	15.16%	15.66%	16.00%	16.33%	+168 bps
Equity / Assets	9.04%	8.35%	8.32%	8.45%	8.47%	8.86%	8.95%	9.03%	+57 bps
Liquidity & Funding
Loans / Deposits	108.71%	109.83%	104.11%	107.25%	98.65%	99.40%	99.24%	94.00%	-1,324 bps
Liquid Assets / Assets	11.30%	11.17%	12.79%	10.94%	12.18%	11.60%	11.31%	12.06%	+113 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	455%	427%	415%	n/a	n/a

First American State Bank

Greenwood Village, CO · Cert 34040 · Peer group: banks under $1B in assets (n=581-629) · First American Bcorp

State charter, Fed member · FED · 1 branch

Q2 2026

$276.9MAssets

$194.7MLoans

$207.1MDeposits

$25.0MEquity

Executive Summary

Strongest standing: net charge-offs / loans outperforms 66% of banks under $1B in assets (rank 197 of 581).
Widest gap: net interest margin trails 83% of banks under $1B in assets (rank 519 of 629).
Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.45%

Rank 515 of 629

Net Interest Margin

2.83%

Rank 519 of 629

Efficiency Ratio

80.88%

Rank 487 of 629

Equity / Assets

9.03%

Rank 478 of 629

Non-interest income vs. expense

Unfavorable gap of $6.4M · efficiency ratio beats 23% of banks under $1B in assets

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank	8-Qtr Trend
Earnings
Return on Assets	0.45%	0.60%	1.01%	1.45%	Beats 18%	515 / 629	n/a
Return on Equity	4.98%	5.38%	9.30%	13.28%	Beats 22%	488 / 629	n/a
Net Interest Margin	2.83%	3.03%	3.54%	4.05%	Beats 17%	519 / 629	n/a
Efficiency Ratio	80.88%	58.35%	67.79%	79.08%	Beats 23%	487 / 629	n/a
Asset Quality
Nonperforming Loans / Loans	0.24%	0.09%	0.46%	1.20%	Beats 61%	226 / 581	n/a
Net Charge-Offs / Loans	0.00%	n/a	0.01%	0.06%	Beats 66%	197 / 581	n/a
Capital
Tier 1 Capital Ratio	15.07%	11.24%	13.84%	18.77%	Beats 60%	250 / 629	n/a
Total Risk-Based Capital Ratio	16.33%	11.58%	14.43%	19.66%	Beats 63%	230 / 629	n/a
Equity / Assets	9.03%	9.09%	10.65%	13.80%	Beats 24%	478 / 629	n/a
Liquidity & Funding
Loans / Deposits	94.00%	67.24%	80.90%	93.48%	77th pctl	138 / 594	n/a
Loans / Assets	70.32%	53.31%	67.71%	78.15%	56th pctl	277 / 629	n/a
Brokered Deposits / Deposits	n/a	Not reported for this institution