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First National Bank of Gilbert, The

Gilbert, MN · Cert 5150 · Broadway Bancshares Inc.

National charter · OCC · 2 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

30

Q2 2024Q2 2026peer median (50)

Asset Quality

84

Q2 2024Q2 2026peer median (50)

Profitability

41

Q2 2024Q2 2026peer median (50)

Liquidity

49

Q2 2024Q2 2026peer median

Efficiency

34

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 Gilbert, The

Gilbert, MN · Cert 5150 · Broadway Bancshares Inc.

National charter · OCC · 2 branches

Q2 2026

$86.0MAssets
$70.0MLoans
$76.0MDeposits
$6.1MEquity
Loan mix
89%RE $60.7M6%C&I $4.1M6%Consumer $3.8MQ2 2025Q2 2026
Deposit mix
85%Interest-bearing $65.0M15%Noninterest $11.0MQ2 2025Q2 2026

NIM

4.42%Q2 ’244.89%Q2 ’255.11%Q2 ’26+25%+10%

Non-interest income vs. expense

2.20%Q2 ’242.53%Q2 ’252.67%Q2 ’26+17%+6%

Market Position · Duluth, MN-WI · 2026 SOD (annual) · 1.1% share · #15 of 26 inst. · $0.1B of $6.6B

Executive Summary

  • Earnings: ROA of 0.66%, up 13 bps year over year; NIM at 3.45%.
  • Asset quality: problem loans at 0.16% of loans (+3 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 7.12%, up 4 bps from a year ago.
  • Funding: loans stand at 92.14% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.66%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.45%+32 bps YoY

Efficiency Ratio (YTD, annualized)

74.08%-286 bps YoY

Tier 1 Leverage Ratio

7.12%+4 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.53%0.58%0.61%0.44%0.66%+13 bps
Return on Equity7.56%8.18%8.57%6.29%9.35%+179 bps
Net Interest Margin3.13%3.22%3.25%3.35%3.45%+32 bps
Efficiency Ratio76.95%74.98%74.22%77.24%74.08%-286 bps
Non-Interest Burden2.37%2.38%2.37%2.55%2.52%+15 bps
Growth
Asset Growth (YoY)4.56%1.69%2.93%6.30%4.86%+30 bps
Loan Growth (YoY)4.13%5.51%9.00%8.00%8.05%+392 bps
Deposit Growth (YoY)10.03%3.29%2.93%9.84%8.04%-199 bps
Asset Quality
Nonperforming Loans / Loans0.13%0.00%0.00%0.19%0.16%+3 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.01%1.01%1.03%1.07%1.05%+3 bps
Allowance Coverage of NPLs7.8xn/an/a5.7x6.5x-1.3x
Capital
Tier 1 Leverage Ratio7.09%7.17%7.04%7.02%7.12%+4 bps
Total Risk-Based Capital14.32%14.23%13.95%14.07%13.88%-45 bps
Equity / Assets7.09%7.23%7.05%6.94%7.14%+5 bps
Liquidity & Funding
Loans / Deposits92.13%94.78%93.35%88.63%92.14%+1 bps
Liquid Assets / Assets8.40%5.38%7.33%8.95%5.95%-245 bps
CRE / Total Capitaln/a97.71%113.26%115.43%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 Gilbert, The

Gilbert, MN · Cert 5150 · Peer group: banks under $1B in assets (n=581-629) · Broadway Bancshares Inc.

National charter · OCC · 2 branches

Q2 2026

$86.0MAssets
$70.0MLoans
$76.0MDeposits
$6.1MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets (rank 158 of 581).
  • Widest gap: equity / assets trails 94% of banks under $1B in assets (rank 589 of 629).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.66%

Rank 454 of 629

Net Interest Margin

3.45%

Rank 342 of 629

Efficiency Ratio

74.08%

Rank 415 of 629

Equity / Assets

7.14%

Rank 589 of 629

Non-interest income vs. expense

$0.1M$2.3MINCOMEEXPENSE
Unfavorable gap of $2.2M · efficiency ratio beats 34% of banks under $1B in assets
Bank 74.08%Peer median 67.8%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.66%0.60%1.01%1.45%Beats 28%454 / 629
Return on Equity9.24%5.38%9.30%13.28%Beats 49%320 / 629
Net Interest Margin3.45%3.03%3.54%4.05%Beats 46%342 / 629
Efficiency Ratio74.08%58.35%67.79%79.08%Beats 34%415 / 629
Asset Quality
Nonperforming Loans / Loans0.16%0.09%0.46%1.20%Beats 68%185 / 581
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 100%158 / 581
Capital
Tier 1 Capital Ratio12.62%11.24%13.84%18.77%Beats 40%380 / 629
Total Risk-Based Capital Ratio13.88%11.58%14.43%19.66%Beats 45%344 / 629
Equity / Assets7.14%9.09%10.65%13.80%Beats 6%589 / 629
Liquidity & Funding
Loans / Deposits92.14%67.24%80.90%93.48%73rd pctl160 / 594
Loans / Assets81.42%53.31%67.71%78.15%85th pctl96 / 629
Brokered Deposits / Depositsn/aNot reported for this institution