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Farmers National Bank

Prophetstown, IL · Cert 3732 · Prophetstown Banking Co.

National charter · OCC · 4 branches

Q2 2026

$895.7MAssets
$506.6MLoans
$637.2MDeposits
$128.0MEquity
Loan mix
90%RE $333.9M9%C&I $31.6M1%Consumer $4.2MQ2 2025Q2 2026
Deposit mix
86%Interest-bearing $548.6M14%Noninterest $88.6MQ2 2025Q2 2026

NIM

4.56%Q2 ’244.80%Q2 ’254.81%Q2 ’26+1%+11%

Non-interest income vs. expense

1.25%Q2 ’241.33%Q2 ’251.41%Q2 ’26+7%+3%

Market Position · Davenport-Moline-Rock Island, IA-IL · 2026 SOD (annual) · 2.4% share · #12 of 29 inst. · $0.2B of $10.5B

17.0% Whiteside
13.4% Henry
6.3% Carroll

Executive Summary

  • Earnings: ROA of 1.26%, up 33 bps year over year; NIM at 2.98%.
  • Asset quality: problem loans at 0.23% of loans (+14 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 15.03%, up 67 bps from a year ago.
  • Funding: loans stand at 79.51% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.26%+33 bps YoY

Net Interest Margin (quarter, annualized)

2.98%+30 bps YoY

Efficiency Ratio (quarter, annualized)

43.10%-237 bps YoY

Tier 1 Leverage Ratio

15.03%+67 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.94%1.12%1.56%1.07%1.26%+33 bps
Return on Equity7.29%8.38%11.31%7.81%9.02%+173 bps
Net Interest Margin2.68%2.79%2.90%2.89%2.98%+30 bps
Efficiency Ratio45.47%47.54%45.64%46.87%43.10%-237 bps
Non-Interest Burden1.08%1.18%1.15%1.20%1.12%+4 bps
Growth
Asset Growth (YoY)6.52%1.98%1.83%2.11%-0.86%-737 bps
Loan Growth (YoY)10.56%10.72%3.14%2.83%4.27%-629 bps
Deposit Growth (YoY)6.69%3.55%-0.89%1.64%1.09%-560 bps
Asset Quality
Nonperforming Loans / Loans0.09%0.01%0.04%1.22%0.23%+14 bps
Net Charge-Offs / Loans0.02%0.00%-0.01%0.00%0.00%-2 bps
Allowance / Loans3.19%3.27%3.04%3.11%3.23%+4 bps
Allowance Coverage of NPLs34.8x475.8x82.5x2.5x14.1x-20.8x
Capital
Tier 1 Leverage Ratio14.36%14.71%14.89%14.87%15.03%+67 bps
Total Risk-Based Capital14.36%14.71%14.89%14.87%15.03%+67 bps
Equity / Assets12.85%13.79%13.76%13.70%14.29%+144 bps
Liquidity & Funding
Loans / Deposits77.08%81.10%83.44%79.29%79.51%+243 bps
Liquid Assets / Assets4.99%3.47%2.70%6.55%5.01%+2 bps
CRE / Total Capitaln/a19.00%18.84%18.34%n/an/a