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First United Bank and Trust Company, Inc.

Madisonville, KY · Cert 34150 · First United Bcorp Inc.

State charter, non-member · FDIC · 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 in KY3

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 in KY (n=69). 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

38

Q2 2024Q2 2026peer median (50)

Asset Quality

77

Q2 2024Q2 2026peer median (50)

Profitability

61

Q2 2024Q2 2026peer median (50)

Liquidity

78

Q2 2024Q2 2026peer median

Efficiency

42

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 United Bank and Trust Company, Inc.

Madisonville, KY · Cert 34150 · First United Bcorp Inc.

State charter, non-member · FDIC · 7 branches

Q2 2026

$591.4MAssets
$401.2MLoans
$525.0MDeposits
$36.1MEquity
Loan mix
81%RE $316.1M17%C&I $67.3M1%Consumer $5.4MQ3 2024Q2 2026
Deposit mix
79%Interest-bearing $413.2M21%Noninterest $111.9MQ3 2024Q2 2026

Market Position · Owensboro, KY · 2026 SOD (annual) · 1.8% share · #12 of 14 inst. · $0.1B of $3.3B

30.0% Hopkins
30.4% Ohio
2.0% Daviess
7.0% Crittenden

Executive Summary

  • Earnings: ROA of 1.14%, up 30 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.25% of loans (+6 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.53%, up 85 bps from a year ago.
  • Funding: loans stand at 76.41% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.14%+30 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+49 bps YoY

Efficiency Ratio (YTD, annualized)

65.79%-465 bps YoY

Tier 1 Leverage Ratio

9.53%+85 bps YoY

NIM

5.27%Q2 ’245.23%Q2 ’255.38%Q2 ’26+11%+15%

Non-interest income vs. expense

2.61%Q2 ’242.67%Q2 ’252.89%Q2 ’26+4%+4%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.64%0.70%0.77%0.84%0.89%0.91%1.09%1.14%+30 bps
Return on Equity13.95%15.39%16.70%17.82%18.21%17.95%18.85%19.33%+151 bps
Net Interest Margin2.77%2.77%3.08%3.18%3.27%3.32%3.51%3.67%+49 bps
Efficiency Ratio73.77%72.40%71.88%70.44%69.27%69.42%66.33%65.79%-465 bps
Non-Interest Burden1.94%1.89%2.10%2.12%2.13%2.17%2.12%2.20%+8 bps
Growth
Asset Growth (YoY)11.63%2.79%5.64%6.29%1.26%3.60%3.66%0.37%-592 bps
Loan Growth (YoY)7.36%5.40%6.28%6.80%4.90%5.10%3.89%0.28%-652 bps
Deposit Growth (YoY)4.88%5.97%8.35%4.00%2.91%2.07%-0.23%-2.04%-603 bps
Asset Quality
Nonperforming Loans / Loans0.18%0.13%0.17%0.19%0.16%0.14%0.27%0.25%+6 bps
Net Charge-Offs / Loans0.01%0.01%0.00%0.01%0.01%0.01%0.00%0.00%-1 bps
Allowance / Loans1.12%1.12%1.12%1.11%1.11%1.12%1.13%1.16%+5 bps
Allowance Coverage of NPLs6.1x8.3x6.6x5.8x7.1x7.7x4.2x4.6x-1.2x
Capital
Tier 1 Leverage Ratio8.75%8.47%8.61%8.68%8.94%9.00%9.19%9.53%+85 bps
Total Risk-Based Capital8.75%8.47%14.00%13.92%14.16%14.32%14.72%15.37%+145 bps
Equity / Assets5.18%4.40%4.83%4.84%5.47%5.74%5.84%6.11%+127 bps
Liquidity & Funding
Loans / Deposits74.67%72.18%71.98%74.64%76.12%74.33%74.95%76.41%+176 bps
Liquid Assets / Assets0.24%0.34%0.37%0.37%0.40%0.15%0.13%2.53%+216 bps
CRE / Total Capitaln/an/an/an/a271%268%261%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 United Bank and Trust Company, Inc.

Madisonville, KY · Cert 34150 · Peer group: banks under $1B in assets in KY (n=69) · First United Bcorp Inc.

State charter, non-member · FDIC · 7 branches

Q2 2026

$591.4MAssets
$401.2MLoans
$525.0MDeposits
$36.1MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 93% of banks under $1B in assets in KY (rank 5 of 69).
  • Widest gap: equity / assets trails 96% of banks under $1B in assets in KY (rank 66 of 69).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.15%

Rank 37 of 69

Net Interest Margin

3.67%

Rank 38 of 69

Efficiency Ratio

66.22%

Rank 41 of 69

Equity / Assets

6.11%

Rank 66 of 69

Non-interest income vs. expense

$4.2M$17.5MINCOMEEXPENSE
Unfavorable gap of $13.3M · efficiency ratio beats 42% of banks under $1B in assets in KY
Bank 66.22%Peer median 63.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.15%0.83%1.18%1.44%Beats 46%37 / 69
Return on Equity18.83%7.64%11.70%15.70%Beats 93%5 / 69
Net Interest Margin3.67%3.45%3.75%3.96%Beats 45%38 / 69
Efficiency Ratio66.22%55.32%62.99%70.80%Beats 42%41 / 69
Asset Quality
Nonperforming Loans / Loans0.25%0.18%0.52%1.14%Beats 65%25 / 69
Net Charge-Offs / Loans0.00%0.01%0.02%0.06%Beats 88%9 / 69
Capital
Tier 1 Capital Ratio14.22%11.33%13.58%16.27%Beats 54%32 / 69
Total Risk-Based Capital Ratio15.37%11.55%14.43%17.27%Beats 57%30 / 69
Equity / Assets6.11%8.31%9.91%12.53%Beats 4%66 / 69
Liquidity & Funding
Loans / Deposits76.41%71.40%81.07%88.03%38th pctl43 / 69
Loans / Assets67.84%61.10%68.66%76.68%43rd pctl39 / 69
Brokered Deposits / Depositsn/aNot reported for this institution