PackageTrendsPeer
Letter portraitLegal landscape

First National Bank of Primghar, The

Primghar, IA · Cert 4494

National charter · OCC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in IA3

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 in IA (n=134 to 135). 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

83

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

32

Q2 2024Q2 2026peer median (50)

Liquidity

52

Q2 2024Q2 2026peer median

Efficiency

14

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 National Bank of Primghar, The

Primghar, IA · Cert 4494

National charter · OCC · 1 branch

Q2 2026

$36.3MAssets
$27.3MLoans
$29.9MDeposits
$5.3MEquity
Loan mix
90%RE $19.1M6%C&I $1.3M4%Consumer $0.9MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $23.9M20%Noninterest $6.0MQ2 2025Q2 2026

NIM

4.32%Q2 ’244.96%Q2 ’255.38%Q2 ’26+5%+29%

Non-interest income vs. expense

2.40%Q2 ’242.72%Q2 ’252.59%Q2 ’26-13%+28%

Executive Summary

  • Earnings: ROA of 0.87%, up 14 bps year over year; NIM at 3.52%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.25%, up 14 bps from a year ago.
  • Funding: loans stand at 91.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.87%+14 bps YoY

Net Interest Margin (YTD, annualized)

3.52%+79 bps YoY

Efficiency Ratio (YTD, annualized)

69.42%-487 bps YoY

Tier 1 Leverage Ratio

14.25%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.73%0.69%0.51%0.77%0.87%+14 bps
Return on Equity5.57%5.20%3.88%5.75%6.32%+75 bps
Net Interest Margin2.72%2.86%2.77%3.33%3.52%+79 bps
Efficiency Ratio74.29%74.95%76.75%70.50%69.42%-487 bps
Non-Interest Burden1.96%2.13%2.14%2.44%2.52%+56 bps
Growth
Asset Growth (YoY)-5.41%0.22%-2.68%0.50%2.05%+746 bps
Loan Growth (YoY)4.52%8.77%4.90%10.94%11.55%+703 bps
Deposit Growth (YoY)-11.31%-0.59%-1.11%3.27%2.76%+1,407 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.23%1.20%1.10%1.08%1.10%-13 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio14.11%14.36%13.32%13.76%14.25%+14 bps
Total Risk-Based Capital18.94%18.90%16.35%16.71%17.72%-123 bps
Equity / Assets14.12%13.84%13.26%13.68%14.52%+40 bps
Liquidity & Funding
Loans / Deposits84.05%78.45%89.87%89.97%91.24%+719 bps
Liquid Assets / Assets6.75%8.01%6.73%6.81%5.30%-145 bps
CRE / Total Capitaln/a61.49%75.05%86.00%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 National Bank of Primghar, The

Primghar, IA · Cert 4494 · Peer group: banks under $1B in assets in IA (n=134-135)

National charter · OCC · 1 branch

Q2 2026

$36.3MAssets
$27.3MLoans
$29.9MDeposits
$5.3MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in IA (rank 21 of 134).
  • Widest gap: return on equity trails 87% of banks under $1B in assets in IA (rank 117 of 135).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

0.90%

Rank 106 of 135

Net Interest Margin

3.52%

Rank 52 of 135

Efficiency Ratio

72.11%

Rank 117 of 135

Equity / Assets

14.52%

Rank 25 of 135

Non-interest income vs. expense

$26K$962KINCOMEEXPENSE
Unfavorable gap of $936K · efficiency ratio beats 14% of banks under $1B in assets in IA
Bank 72.11%Peer median 57.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.90%0.92%1.19%1.47%Beats 21%106 / 135
Return on Equity6.21%7.99%10.26%13.14%Beats 13%117 / 135
Net Interest Margin3.52%2.95%3.41%3.73%Beats 61%52 / 135
Efficiency Ratio72.11%50.61%57.35%63.29%Beats 14%117 / 135
Asset Quality
Nonperforming Loans / Loans0.00%0.03%0.51%1.26%Beats 100%21 / 134
Net Charge-Offs / Loans0.00%n/a0.01%0.03%Beats 100%45 / 134
Capital
Tier 1 Capital Ratio16.77%11.23%13.31%15.45%Beats 84%22 / 135
Total Risk-Based Capital Ratio17.72%11.61%14.06%16.47%Beats 84%21 / 135
Equity / Assets14.52%9.87%11.05%13.07%Beats 81%25 / 135
Liquidity & Funding
Loans / Deposits91.24%68.54%81.55%91.24%75th pctl34 / 134
Loans / Assets75.11%57.61%68.06%76.23%71st pctl39 / 135
Brokered Deposits / Depositsn/aNot reported for this institution