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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

$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 1.18%, up 28 bps year over year; NIM at 3.77%.
  • 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 (quarter, annualized)

1.18%+28 bps YoY

Net Interest Margin (quarter, annualized)

3.77%+47 bps YoY

Efficiency Ratio (quarter, annualized)

65.26%-383 bps YoY

Tier 1 Leverage Ratio

9.53%+85 bps YoY

NIM

5.37%Q2 ’245.32%Q2 ’255.43%Q2 ’26+12%+14%

Non-interest income vs. expense

2.64%Q2 ’242.70%Q2 ’252.87%Q2 ’26+6%+4%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.72%0.86%0.77%0.90%0.99%0.95%1.09%1.18%+28 bps
Return on Equity15.00%18.02%16.70%18.61%19.30%16.99%18.85%19.77%+116 bps
Net Interest Margin2.90%3.05%3.08%3.30%3.41%3.54%3.51%3.77%+47 bps
Efficiency Ratio71.81%68.78%71.88%69.09%67.07%69.85%66.33%65.26%-383 bps
Non-Interest Burden1.96%1.95%2.10%2.15%2.13%2.33%2.12%2.24%+9 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 / Loans0.00%0.03%0.00%0.01%0.02%0.00%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