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First National Bank of Le Center, The

Lonsdale, MN · Cert 5180 · Traxshares 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 assets in the Minneapolis-St. Paul-Bloomington, MN-WI area3

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 the Minneapolis-St. Paul-Bloomington, MN-WI area (n=53). 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

15

Q2 2024Q2 2026peer median (50)

Asset Quality

62

Q2 2024Q2 2026peer median (50)

Profitability

60

Q2 2024Q2 2026peer median (50)

Liquidity

42

Q2 2024Q2 2026peer median

Efficiency

85

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 Le Center, The

Lonsdale, MN · Cert 5180 · Traxshares Inc.

National charter · OCC · 2 branches

Q2 2026

$178.2MAssets
$130.9MLoans
$139.6MDeposits
$16.3MEquity
Loan mix
80%RE $79.9M12%C&I $12.3M7%Consumer $7.1MQ3 2024Q2 2026
Deposit mix
85%Interest-bearing $118.3M15%Noninterest $21.3MQ3 2024Q2 2026

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.1% share · #80 of 125 inst. · $0.1B of $253.2B

15.7% Le Sueur
0.7% Rice

Executive Summary

  • Earnings: ROA of 1.30%, up 18 bps year over year; NIM at 3.44%.
  • Asset quality: problem loans at 1.72% of loans (-91 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 9.50%, down 21 bps from a year ago.
  • Funding: loans stand at 93.80% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.30%+18 bps YoY

Net Interest Margin (YTD, annualized)

3.44%+37 bps YoY

Efficiency Ratio (YTD, annualized)

50.98%-873 bps YoY

Tier 1 Leverage Ratio

9.50%-21 bps YoY

NIM

4.86%Q2 ’245.19%Q2 ’255.51%Q2 ’26+11%+12%

Non-interest income vs. expense

2.38%Q2 ’242.06%Q2 ’251.94%Q2 ’26-15%-6%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.64%0.59%1.08%1.12%1.13%0.93%1.37%1.30%+18 bps
Return on Equity7.42%6.87%12.14%12.34%12.40%10.36%15.87%14.76%+242 bps
Net Interest Margin2.81%2.84%3.07%3.07%3.13%2.98%3.44%3.44%+37 bps
Efficiency Ratio73.32%75.88%59.99%59.71%59.49%65.01%46.45%50.98%-873 bps
Non-Interest Burden1.96%2.06%1.69%1.68%1.71%1.82%1.41%1.58%-11 bps
Growth
Asset Growth (YoY)2.94%-5.45%1.06%6.26%10.93%13.61%8.35%7.90%+164 bps
Loan Growth (YoY)8.97%6.14%9.25%11.19%9.34%13.31%13.16%5.69%-550 bps
Deposit Growth (YoY)11.77%-7.20%0.00%4.02%11.11%14.49%1.15%0.91%-310 bps
Asset Quality
Nonperforming Loans / Loans0.45%0.24%0.57%2.64%1.93%0.32%1.24%1.72%-91 bps
Net Charge-Offs / Loans-0.01%0.03%-0.01%-0.01%-0.01%0.11%-0.01%-0.01%+1 bps
Allowance / Loans1.00%0.96%0.95%0.89%0.88%0.86%0.93%0.98%+9 bps
Allowance Coverage of NPLs2.2x4.1x1.7x0.3x0.5x2.7x0.8x0.6x+0.2x
Capital
Tier 1 Leverage Ratio10.01%9.48%9.78%9.71%9.98%8.45%9.38%9.50%-21 bps
Total Risk-Based Capital10.01%9.48%9.78%9.71%9.98%8.45%9.38%9.50%-21 bps
Equity / Assets9.38%8.80%9.03%9.34%9.26%8.39%8.90%9.14%-20 bps
Liquidity & Funding
Loans / Deposits83.28%82.00%80.70%89.56%81.96%81.15%90.28%93.80%+424 bps
Liquid Assets / Assets4.68%7.06%9.08%5.11%10.46%9.63%6.87%7.88%+277 bps
CRE / Total Capitaln/an/an/an/a98.49%105.05%105.08%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 Le Center, The

Lonsdale, MN · Cert 5180 · Peer group: banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=53) · Traxshares Inc.

National charter · OCC · 2 branches

Q2 2026

$178.2MAssets
$130.9MLoans
$139.6MDeposits
$16.3MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 13 of 53).
  • Widest gap: total risk-based capital ratio trails 100% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 53 of 53).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.29%

Rank 15 of 53

Net Interest Margin

3.44%

Rank 36 of 53

Efficiency Ratio

50.98%

Rank 9 of 53

Equity / Assets

9.14%

Rank 29 of 53

Non-interest income vs. expense

$0.6M$3.4MINCOMEEXPENSE
Unfavorable gap of $2.8M · efficiency ratio beats 85% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area
Bank 50.98%Peer median 65.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.29%0.73%1.11%1.30%Beats 72%15 / 53
Return on Equity14.16%7.88%12.20%14.12%Beats 75%13 / 53
Net Interest Margin3.44%3.39%3.77%4.09%Beats 32%36 / 53
Efficiency Ratio50.98%56.05%65.05%71.57%Beats 85%9 / 53
Asset Quality
Nonperforming Loans / Loans1.72%0.14%0.52%1.20%Beats 23%42 / 53
Net Charge-Offs / Loans0.00%0.00%0.01%0.08%Beats 100%13 / 53
Capital
Tier 1 Capital Ratio9.50%10.73%12.98%15.08%Beats 0%53 / 53
Total Risk-Based Capital Ratio9.50%11.49%13.79%16.34%Beats 0%53 / 53
Equity / Assets9.14%8.08%9.25%10.72%Beats 45%29 / 53
Liquidity & Funding
Loans / Deposits93.80%72.13%82.29%93.80%74th pctl14 / 53
Loans / Assets73.48%63.64%71.80%79.37%58th pctl22 / 53
Brokered Deposits / Depositsn/aNot reported for this institution