First Resource Bank

Lino Lakes, MN · Cert 58039 · Ameri Financial Group Inc.

State charter, non-member · FDIC · 8 branches

Q2 2026

$1.1BAssets

$789.7MLoans

$893.3MDeposits

$100.5MEquity

Loan mix

Deposit mix

NIM

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 0.3% share · #21 of 125 inst. · $0.7B of $253.2B

4.8% Washington

33.5% Chisago

15.7% Polk

1.3% Anoka

Earnings: ROA of 0.90%, up 10 bps year over year; NIM at 3.37%.
Asset quality: problem loans at 0.09% of loans (-21 bps YoY), with net charge-offs at 0.59%.

Return on Assets (YTD, annualized)

0.90%+10 bps YoY

Net Interest Margin (YTD, annualized)

3.37%+3 bps YoY

Efficiency Ratio (YTD, annualized)

64.16%+159 bps YoY

Tier 1 Leverage Ratio

8.34%+21 bps YoY

Year to date, annualized, through each quarter.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.79%	0.82%	0.65%	0.67%	0.90%	+10 bps
Return on Equity	9.19%	9.58%	7.75%	7.80%	10.08%	+89 bps
Net Interest Margin	3.35%	3.35%	3.40%	3.64%	3.37%	+3 bps
Efficiency Ratio	62.57%	62.33%	62.18%	66.98%	64.16%	+159 bps
Non-Interest Burden	2.02%	2.02%	2.03%	2.40%	2.06%	+4 bps
Growth
Asset Growth (YoY)	20.89%	19.42%	25.12%	25.74%	47.38%	+2,648 bps
Loan Growth (YoY)	17.40%	20.14%	21.63%	24.90%	27.47%	+1,007 bps
Deposit Growth (YoY)	28.37%	26.80%	30.01%	23.65%	48.48%	+2,012 bps
Asset Quality
Nonperforming Loans / Loans	0.30%	0.09%	0.55%	0.32%	0.09%	-21 bps
Net Charge-Offs / Loans	0.01%	0.10%	0.11%	0.00%	0.59%	+59 bps
Allowance / Loans	1.12%	1.06%	1.29%	1.31%	1.06%	-6 bps
Allowance Coverage of NPLs	3.8x	12.2x	2.4x	4.1x	11.5x	+7.8x
Capital
Tier 1 Leverage Ratio	8.13%	8.09%	8.14%	9.29%	8.34%	+21 bps
Total Risk-Based Capital	11.77%	11.62%	11.42%	13.41%	12.77%	+101 bps
Equity / Assets	8.36%	8.38%	7.96%	9.30%	9.26%	+91 bps
Liquidity & Funding
Loans / Deposits	102.97%	100.66%	99.47%	103.28%	88.40%	-1,457 bps
Liquid Assets / Assets	6.82%	5.48%	6.52%	6.44%	4.85%	-197 bps
CRE / Total Capital	n/a	547%	564%	464%	n/a	n/a