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Letter portraitLegal landscapeQuarterYTD

First National Bank of Hereford, The

Hereford, TX · Cert 34918 · La Plata Bancshares Inc.

National charter · OCC · 4 branches

Q2 2026

$344.6MAssets
$297.4MLoans
$294.4MDeposits
$41.2MEquity
Loan mix
62%RE $99.4M36%C&I $57.1M2%Consumer $3.8MQ3 2024Q2 2026
Deposit mix
70%Interest-bearing $206.4M30%Noninterest $88.0MQ3 2024Q2 2026

Market Position · Amarillo, TX · 2026 SOD (annual) · 0.2% share · #16 of 21 inst. · $0.0B of $11.7B

33.9% Deaf Smith
15.8% Parmer
0.6% Randall

Executive Summary

  • Earnings: ROA of 1.79%, up 19 bps year over year; NIM at 4.61%.
  • Asset quality: problem loans at 0.05% of loans (+1 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 12.32%, up 17 bps from a year ago.
  • Funding: loans stand at 101.02% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

1.79%+19 bps YoY

Net Interest Margin (quarter, annualized)

4.61%-7 bps YoY

Efficiency Ratio (quarter, annualized)

53.24%-89 bps YoY

Tier 1 Leverage Ratio

12.32%+17 bps YoY

NIM

6.74%Q2 ’246.65%Q2 ’256.29%Q2 ’26+1%-2%

Non-interest income vs. expense

3.02%Q2 ’242.84%Q2 ’252.74%Q2 ’26-2%-3%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.68%1.61%1.43%1.60%1.71%1.63%1.67%1.79%+19 bps
Return on Equity16.45%14.87%13.28%14.63%15.47%15.16%15.72%15.66%+103 bps
Net Interest Margin4.48%4.61%4.55%4.68%4.64%4.43%4.60%4.61%-7 bps
Efficiency Ratio55.69%57.43%56.88%54.14%55.13%52.76%53.69%53.24%-89 bps
Non-Interest Burden2.28%2.43%2.39%2.29%2.34%2.10%2.22%2.22%-7 bps
Growth
Asset Growth (YoY)10.19%14.66%11.75%11.83%11.46%16.90%14.61%6.01%-582 bps
Loan Growth (YoY)7.68%9.81%12.79%10.49%15.18%20.93%10.45%13.45%+296 bps
Deposit Growth (YoY)15.83%14.30%12.89%13.05%11.47%17.33%14.70%2.94%-1,012 bps
Asset Quality
Nonperforming Loans / Loans1.61%0.37%0.30%0.04%0.04%0.01%0.00%0.05%+1 bps
Net Charge-Offs / Loans0.00%0.02%0.05%0.00%0.00%0.01%0.00%0.01%+1 bps
Allowance / Loans1.13%1.10%1.13%1.20%1.19%1.18%1.27%1.24%+3 bps
Allowance Coverage of NPLs0.7x3.0x3.8x31.5x32.6x79.8xn/a25.5x-6.0x
Capital
Tier 1 Leverage Ratio12.02%12.18%11.94%12.15%11.94%11.30%11.96%12.32%+17 bps
Total Risk-Based Capital14.38%14.26%14.16%14.33%14.35%13.45%11.96%12.32%-201 bps
Equity / Assets11.20%10.50%10.97%10.93%11.22%10.30%10.94%11.95%+102 bps
Liquidity & Funding
Loans / Deposits90.86%86.88%92.81%91.66%93.89%89.55%89.37%101.02%+936 bps
Liquid Assets / Assets4.13%3.12%3.88%5.07%4.51%1.47%8.75%1.27%-380 bps
CRE / Total Capitaln/an/an/an/a115.93%111.22%106.09%n/an/a