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First Bank Blue Earth

Blue Earth, MN · Cert 5097 · FNB Bancshares Inc.

State charter, Fed member · FED · 1 branch

Q2 2026

$322.7MAssets
$212.2MLoans
$283.2MDeposits
$23.8MEquity
Loan mix
87%RE $131.7M10%C&I $14.9M3%Consumer $3.9MQ2 2025Q2 2026
Deposit mix
84%Interest-bearing $236.7M16%Noninterest $46.5MQ2 2025Q2 2026

NIM

4.61%Q2 ’244.86%Q2 ’254.79%Q2 ’26+11%+7%

Non-interest income vs. expense

1.81%Q2 ’241.95%Q2 ’251.86%Q2 ’26+7%+0%

Executive Summary

  • Earnings: ROA of 0.75%, up 52 bps year over year; NIM at 2.58%.
  • Asset quality: problem loans at 0.39% of loans (+8 bps YoY), with net charge-offs at 0.25%.
  • Capital: tier 1 leverage ratio of 9.47%, down 30 bps from a year ago.
  • Funding: loans stand at 74.95% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.75%+52 bps YoY

Net Interest Margin (quarter, annualized)

2.58%+17 bps YoY

Efficiency Ratio (quarter, annualized)

66.27%-529 bps YoY

Tier 1 Leverage Ratio

9.47%-30 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.23%0.97%0.94%0.06%0.75%+52 bps
Return on Equity3.47%13.72%13.10%0.89%10.40%+693 bps
Net Interest Margin2.41%2.73%2.36%2.26%2.58%+17 bps
Efficiency Ratio71.56%63.47%59.50%73.44%66.27%-529 bps
Non-Interest Burden1.63%1.51%1.18%1.56%1.63%0 bps
Growth
Asset Growth (YoY)1.54%0.02%3.64%5.86%5.49%+395 bps
Loan Growth (YoY)6.04%7.36%4.98%-1.60%0.96%-508 bps
Deposit Growth (YoY)5.38%0.32%3.56%7.24%6.35%+98 bps
Asset Quality
Nonperforming Loans / Loans0.31%0.26%0.24%1.06%0.39%+8 bps
Net Charge-Offs / Loans-0.01%-0.12%0.01%0.00%0.25%+26 bps
Allowance / Loans1.10%1.11%1.11%1.39%1.26%+17 bps
Allowance Coverage of NPLs3.5x4.2x4.7x1.3x3.3x-0.3x
Capital
Tier 1 Leverage Ratio9.76%9.84%9.67%9.52%9.47%-30 bps
Total Risk-Based Capital9.76%13.06%9.67%9.52%9.47%-30 bps
Equity / Assets6.87%7.23%7.17%7.14%7.36%+49 bps
Liquidity & Funding
Loans / Deposits78.96%81.03%75.99%71.89%74.95%-401 bps
Liquid Assets / Assets21.78%21.34%25.39%25.99%22.54%+76 bps
CRE / Total Capitaln/a118.72%109.32%108.40%n/an/a