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First State Bank, The

Norton, KS · Cert 5835 · Norton Bankshares Inc.

State charter, non-member · FDIC · 5 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 KS3

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 KS (n=98). 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

43

Q2 2024Q2 2026peer median (50)

Asset Quality

43

Q2 2024Q2 2026peer median (50)

Profitability

72

Q2 2024Q2 2026peer median (50)

Liquidity

99

Q2 2024Q2 2026peer median

Efficiency

77

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 State Bank, The

Norton, KS · Cert 5835 · Norton Bankshares Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$493.2MAssets
$284.0MLoans
$406.6MDeposits
$54.2MEquity
Loan mix
64%RE $120.1M27%C&I $51.1M8%Consumer $15.6MQ3 2024Q2 2026
Deposit mix
68%Interest-bearing $274.9M32%Noninterest $131.7MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.50%, up 26 bps year over year; NIM at 3.89%.
  • Asset quality: problem loans at 0.10% of loans (-97 bps YoY), with net charge-offs at 0.15%.
  • Capital: tier 1 leverage ratio of 13.05%, up 118 bps from a year ago.
  • Funding: loans stand at 69.84% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.50%+26 bps YoY

Net Interest Margin (YTD, annualized)

3.89%+52 bps YoY

Efficiency Ratio (YTD, annualized)

51.49%-681 bps YoY

Tier 1 Leverage Ratio

13.05%+118 bps YoY

NIM

4.75%Q2 ’244.97%Q2 ’255.24%Q2 ’26+8%+15%

Non-interest income vs. expense

2.16%Q2 ’242.19%Q2 ’252.20%Q2 ’26-1%+1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.11%1.18%1.12%1.25%1.32%1.34%1.47%1.50%+26 bps
Return on Equity14.64%15.22%13.05%14.21%14.68%14.64%14.47%14.39%+19 bps
Net Interest Margin3.09%3.14%3.29%3.37%3.43%3.46%3.81%3.89%+52 bps
Efficiency Ratio60.11%58.76%62.09%58.31%56.17%55.20%51.75%51.49%-681 bps
Non-Interest Burden1.72%1.70%1.88%1.78%1.74%1.72%1.78%1.80%+2 bps
Growth
Asset Growth (YoY)2.66%2.94%3.18%-1.98%2.62%3.84%2.19%0.29%+227 bps
Loan Growth (YoY)10.79%14.15%17.22%12.29%13.67%14.86%9.36%1.38%-1,091 bps
Deposit Growth (YoY)-2.54%0.37%-0.59%-5.20%0.39%2.99%5.07%-0.51%+469 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.17%0.21%1.07%0.21%0.17%0.26%0.10%-97 bps
Net Charge-Offs / Loans0.00%0.01%0.02%0.08%0.08%0.06%0.19%0.15%+7 bps
Allowance / Loans1.89%1.81%1.84%1.74%1.66%1.65%1.79%1.90%+16 bps
Allowance Coverage of NPLs11.6x10.4x8.6x1.6x8.0x9.8x7.0x18.1x+16.5x
Capital
Tier 1 Leverage Ratio10.95%11.14%11.61%11.87%11.99%12.19%12.54%13.05%+118 bps
Total Risk-Based Capital10.95%11.14%11.61%11.87%11.99%12.19%12.54%13.05%+118 bps
Equity / Assets8.30%8.17%8.95%9.24%9.61%9.86%10.54%10.99%+175 bps
Liquidity & Funding
Loans / Deposits61.89%64.36%65.41%68.54%70.07%71.78%68.08%69.84%+130 bps
Liquid Assets / Assets16.65%16.45%16.76%16.46%15.74%15.36%15.91%15.84%-62 bps
CRE / Total Capitaln/an/an/an/a49.06%48.73%47.64%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 State Bank, The

Norton, KS · Cert 5835 · Peer group: banks under $1B in assets in KS (n=98) · Norton Bankshares Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$493.2MAssets
$284.0MLoans
$406.6MDeposits
$54.2MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 77% of banks under $1B in assets in KS (rank 24 of 98).
  • Widest gap: net charge-offs / loans trails 83% of banks under $1B in assets in KS (rank 82 of 98).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.54%

Rank 26 of 98

Net Interest Margin

3.89%

Rank 28 of 98

Efficiency Ratio

51.49%

Rank 24 of 98

Equity / Assets

10.99%

Rank 53 of 98

Non-interest income vs. expense

$2.0M$11.2MINCOMEEXPENSE
Unfavorable gap of $9.2M · efficiency ratio beats 77% of banks under $1B in assets in KS
Bank 51.49%Peer median 58.9%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.54%1.03%1.24%1.54%Beats 73%26 / 98
Return on Equity13.99%8.85%11.58%14.73%Beats 73%26 / 98
Net Interest Margin3.89%3.24%3.62%3.91%Beats 71%28 / 98
Efficiency Ratio51.49%51.87%58.88%64.74%Beats 77%24 / 98
Asset Quality
Nonperforming Loans / Loans0.10%0.01%0.33%1.05%Beats 69%31 / 98
Net Charge-Offs / Loans0.08%n/a0.00%0.03%Beats 17%82 / 98
Capital
Tier 1 Capital Ratio13.05%11.81%13.71%17.33%Beats 44%55 / 98
Total Risk-Based Capital Ratio13.05%11.81%14.13%17.45%Beats 38%61 / 98
Equity / Assets10.99%8.60%11.34%13.10%Beats 46%53 / 98
Liquidity & Funding
Loans / Deposits69.84%57.09%69.84%82.47%50th pctl49 / 98
Loans / Assets57.58%49.34%58.31%68.94%47th pctl52 / 98
Brokered Deposits / Depositsn/aNot reported for this institution