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Farm Bureau Bank FSB

Reno, NV · Cert 35157 · FB Bcorp

State savings bank · OCC · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B 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 $1B-$10B in assets (n=322 to 328). 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

50

Q2 2024Q2 2026peer median (50)

Asset Quality

20

Q2 2024Q2 2026peer median (50)

Profitability

28

Q2 2024Q2 2026peer median (50)

Liquidity

61

Q2 2024Q2 2026peer median

Efficiency

6

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

Farm Bureau Bank FSB

Reno, NV · Cert 35157 · FB Bcorp

State savings bank · OCC · 2 branches

Q2 2026

$1.1BAssets
$714.8MLoans
$906.5MDeposits
$103.1MEquity
Loan mix
30%RE $217.2M12%C&I $83.7M58%Consumer $415.2MQ2 2025Q2 2026
Deposit mix
96%Interest-bearing $871.2M4%Noninterest $35.3MQ2 2025Q2 2026

NIM

6.84%Q2 ’246.85%Q2 ’256.58%Q2 ’26+1%+0%

Non-interest income vs. expense

3.46%Q2 ’243.81%Q2 ’253.77%Q2 ’26+15%-12%

Market Position · San Antonio-New Braunfels, TX · 2026 SOD (annual) · 0.5% share · #12 of 66 inst. · $0.9B of $175.0B

0.5% Bexar
0.2% Washoe

Executive Summary

  • Earnings: ROA of 0.38%, up 20 bps year over year; NIM at 3.80%.
  • Asset quality: problem loans at 0.79% of loans (+21 bps YoY), with net charge-offs at 1.12%.
  • Capital: tier 1 leverage ratio of 10.09%, up 35 bps from a year ago.
  • Funding: loans stand at 78.85% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.38%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.80%+1 bps YoY

Efficiency Ratio (YTD, annualized)

80.79%-787 bps YoY

Tier 1 Leverage Ratio

10.09%+35 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.18%0.22%0.05%-0.03%0.38%+20 bps
Return on Equity2.08%2.41%0.57%-0.37%3.99%+191 bps
Net Interest Margin3.79%3.85%3.86%3.76%3.80%+1 bps
Efficiency Ratio88.66%87.17%88.49%85.84%80.79%-787 bps
Non-Interest Burden3.31%3.30%3.36%3.14%2.90%-41 bps
Growth
Asset Growth (YoY)-9.03%-9.13%-8.15%-3.24%-3.58%+546 bps
Loan Growth (YoY)-3.12%-3.19%-4.29%-6.15%-9.82%-670 bps
Deposit Growth (YoY)-10.22%-10.55%-9.57%-3.54%-4.51%+571 bps
Asset Quality
Nonperforming Loans / Loans0.57%0.57%0.69%0.69%0.79%+21 bps
Net Charge-Offs / Loans0.91%0.90%1.07%1.30%1.12%+21 bps
Allowance / Loans1.69%1.64%1.53%1.52%1.44%-25 bps
Allowance Coverage of NPLs2.9x2.9x2.2x2.2x1.8x-1.1x
Capital
Tier 1 Leverage Ratio9.74%9.92%9.82%9.74%10.09%+35 bps
Total Risk-Based Capital13.57%13.73%13.56%13.92%14.65%+108 bps
Equity / Assets9.15%9.47%9.42%9.41%9.72%+57 bps
Liquidity & Funding
Loans / Deposits83.48%82.31%83.02%80.64%78.85%-464 bps
Liquid Assets / Assets9.20%10.69%9.60%11.44%12.84%+364 bps
CRE / Total Capitaln/a108.17%140.01%150.84%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

Farm Bureau Bank FSB

Reno, NV · Cert 35157 · Peer group: banks $1B-$10B in assets (n=322-328) · FB Bcorp

State savings bank · OCC · 2 branches

Q2 2026

$1.1BAssets
$714.8MLoans
$906.5MDeposits
$103.1MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 73% of banks $1B-$10B in assets (rank 87 of 328).
  • Widest gap: net charge-offs / loans trails 96% of banks $1B-$10B in assets (rank 310 of 322).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.39%

Rank 313 of 328

Net Interest Margin

3.80%

Rank 87 of 328

Efficiency Ratio

80.79%

Rank 310 of 328

Equity / Assets

9.72%

Rank 202 of 328

Non-interest income vs. expense

$9.4M$40.6MINCOMEEXPENSE
Unfavorable gap of $31.2M · efficiency ratio beats 6% of banks $1B-$10B in assets
Bank 80.79%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.39%0.91%1.22%1.52%Beats 5%313 / 328
Return on Equity3.97%8.43%11.45%14.43%Beats 5%312 / 328
Net Interest Margin3.80%3.03%3.45%3.83%Beats 73%87 / 328
Efficiency Ratio80.79%51.61%59.56%67.53%Beats 6%310 / 328
Asset Quality
Nonperforming Loans / Loans0.79%0.24%0.51%1.03%Beats 35%210 / 322
Net Charge-Offs / Loans0.75%0.01%0.03%0.10%Beats 4%310 / 322
Capital
Tier 1 Capital Ratio13.40%11.75%13.15%15.47%Beats 55%149 / 328
Total Risk-Based Capital Ratio14.65%12.63%14.15%16.46%Beats 57%141 / 328
Equity / Assets9.72%9.15%10.33%12.01%Beats 38%202 / 328
Liquidity & Funding
Loans / Deposits78.85%76.63%87.92%95.36%28th pctl232 / 323
Loans / Assets67.37%65.18%74.15%79.98%30th pctl231 / 328
Brokered Deposits / Depositsn/aNot reported for this institution