Kalamazoo, MI · Cert 58259 · First National Bcorp Inc.
National charter · OCC · 6 branches
Q2 2026
Market Position · Kalamazoo-Portage, MI · 2026 SOD (annual) · 13.0% share · #3 of 13 inst. · $0.6B of $4.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.69% | 0.91% | 0.81% | 0.92% | 1.04% | +35 bps | |
| Return on Equity | 8.07% | 10.44% | 9.12% | 10.23% | 11.45% | +338 bps | |
| Net Interest Margin | 2.74% | 2.86% | 3.06% | 3.12% | 3.33% | +58 bps | |
| Efficiency Ratio | 64.62% | 62.27% | 63.45% | 59.82% | 57.74% | -688 bps | |
| Non-Interest Burden | 1.72% | 1.72% | 1.88% | 1.80% | 1.83% | +11 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.27% | -0.19% | 1.59% | 2.38% | 0.84% | +57 bps | |
| Loan Growth (YoY) | 4.89% | 5.72% | 8.94% | 9.74% | 6.51% | +161 bps | |
| Deposit Growth (YoY) | 3.07% | 1.12% | -3.76% | -1.03% | 3.87% | +81 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.04% | 0.65% | 0.82% | 0.80% | 0.80% | +76 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.07% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.34% | 1.33% | 1.33% | 1.38% | 1.44% | +10 bps | |
| Allowance Coverage of NPLs | 37.4x | 2.0x | 1.6x | 1.7x | 1.8x | -35.5x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.26% | 9.29% | 9.35% | 9.43% | 9.54% | +28 bps | |
| Total Risk-Based Capital | 12.13% | 12.21% | 12.09% | 12.19% | 12.21% | +8 bps | |
| Equity / Assets | 8.62% | 8.85% | 8.92% | 9.11% | 9.11% | +49 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 99.84% | 100.83% | 105.27% | 108.53% | 102.37% | +253 bps | |
| Liquid Assets / Assets | 2.14% | 2.52% | 1.88% | 1.19% | 2.91% | +77 bps | |
| CRE / Total Capital | n/a | 684% | 698% | 702% | n/a | n/a | |