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First Montana Bank, Inc.

Missoula, MT · Cert 363 · First National Bcorp Inc.

State charter, Fed member · FED · 10 branches

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

57

Q2 2024Q2 2026peer median (50)

Asset Quality

50

Q2 2024Q2 2026peer median (50)

Profitability

53

Q2 2024Q2 2026peer median (50)

Liquidity

77

Q2 2024Q2 2026peer median

Efficiency

55

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 Montana Bank, Inc.

Missoula, MT · Cert 363 · First National Bcorp Inc.

State charter, Fed member · FED · 10 branches

Q2 2026

$530.3MAssets
$321.8MLoans
$437.9MDeposits
$52.4MEquity
Loan mix
84%RE $272.8M13%C&I $40.6M3%Consumer $10.2MQ3 2024Q2 2026
Deposit mix
72%Interest-bearing $317.0M28%Noninterest $120.9MQ3 2024Q2 2026

Market Position · Missoula, MT · 2026 SOD (annual) · 1.5% share · #10 of 11 inst. · $0.1B of $4.0B

13.8% Silver Bow
27.3% Lincoln
42.8% Deer Lodge
1.5% Missoula

Executive Summary

  • Earnings: ROA of 1.07%, up 29 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 0.13% of loans (-20 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 10.15%, up 86 bps from a year ago.
  • Funding: loans stand at 73.49% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.07%+29 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+35 bps YoY

Efficiency Ratio (YTD, annualized)

66.30%-115 bps YoY

Tier 1 Leverage Ratio

10.15%+86 bps YoY

NIM

4.44%Q2 ’244.64%Q2 ’254.74%Q2 ’26+11%+11%

Non-interest income vs. expense

2.32%Q2 ’242.33%Q2 ’252.79%Q2 ’26+4%+3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.72%1.00%0.70%0.78%0.78%0.80%0.99%1.07%+29 bps
Return on Equity9.24%12.62%8.17%8.93%8.88%9.14%10.64%11.22%+229 bps
Net Interest Margin2.79%2.83%2.91%3.07%3.08%3.07%3.35%3.43%+35 bps
Efficiency Ratio70.26%63.61%66.57%67.45%68.62%68.35%68.64%66.30%-115 bps
Non-Interest Burden1.81%1.47%1.81%1.94%1.99%1.97%2.08%2.00%+6 bps
Growth
Asset Growth (YoY)4.02%-1.46%-3.29%-2.22%-3.98%-0.23%-4.70%-3.88%-166 bps
Loan Growth (YoY)3.96%-0.84%-5.66%-5.31%-4.75%-3.98%-1.34%-3.11%+220 bps
Deposit Growth (YoY)-0.82%1.84%3.91%2.03%3.83%4.44%-2.65%0.57%-147 bps
Asset Quality
Nonperforming Loans / Loans0.39%0.20%0.63%0.33%0.20%0.18%0.16%0.13%-20 bps
Net Charge-Offs / Loans0.03%0.07%0.00%0.02%0.01%0.02%0.11%0.07%+5 bps
Allowance / Loans1.00%1.00%1.04%1.02%1.03%1.04%1.02%1.04%+3 bps
Allowance Coverage of NPLs2.6x4.9x1.6x3.1x5.1x5.9x6.2x8.2x+5.1x
Capital
Tier 1 Leverage Ratio8.56%8.87%9.07%9.29%9.33%9.32%9.90%10.15%+86 bps
Total Risk-Based Capital13.78%15.24%15.99%15.78%16.12%16.41%16.45%16.90%+112 bps
Equity / Assets7.86%8.50%8.67%8.89%8.89%9.08%9.61%9.88%+99 bps
Liquidity & Funding
Loans / Deposits80.05%78.76%74.98%76.27%73.43%72.41%75.99%73.49%-279 bps
Liquid Assets / Assets30.05%29.22%31.53%29.74%31.65%31.27%27.82%27.47%-227 bps
CRE / Total Capitaln/an/an/an/a350%342%332%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 Montana Bank, Inc.

Missoula, MT · Cert 363 · Peer group: banks under $1B in assets (n=581-629) · First National Bcorp Inc.

State charter, Fed member · FED · 10 branches

Q2 2026

$530.3MAssets
$321.8MLoans
$437.9MDeposits
$52.4MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 72% of banks under $1B in assets (rank 166 of 581).
  • Widest gap: net charge-offs / loans trails 73% of banks under $1B in assets (rank 423 of 581).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.09%

Rank 284 of 629

Net Interest Margin

3.43%

Rank 354 of 629

Efficiency Ratio

66.30%

Rank 282 of 629

Equity / Assets

9.88%

Rank 386 of 629

Non-interest income vs. expense

$4.2M$15.0MINCOMEEXPENSE
Unfavorable gap of $10.7M · efficiency ratio beats 55% of banks under $1B in assets
Bank 66.30%Peer median 67.8%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.09%0.60%1.01%1.45%Beats 55%284 / 629
Return on Equity11.07%5.38%9.30%13.28%Beats 61%246 / 629
Net Interest Margin3.43%3.03%3.54%4.05%Beats 44%354 / 629
Efficiency Ratio66.30%58.35%67.79%79.08%Beats 55%282 / 629
Asset Quality
Nonperforming Loans / Loans0.13%0.09%0.46%1.20%Beats 72%166 / 581
Net Charge-Offs / Loans0.05%n/a0.01%0.06%Beats 27%423 / 581
Capital
Tier 1 Capital Ratio15.89%11.24%13.84%18.77%Beats 64%226 / 629
Total Risk-Based Capital Ratio16.90%11.58%14.43%19.66%Beats 67%210 / 629
Equity / Assets9.88%9.09%10.65%13.80%Beats 39%386 / 629
Liquidity & Funding
Loans / Deposits73.49%67.24%80.90%93.48%36th pctl382 / 594
Loans / Assets60.68%53.31%67.71%78.15%35th pctl408 / 629
Brokered Deposits / Depositsn/aNot reported for this institution