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First National Bank of Pandora, The

Pandora, OH · Cert 6671 · Pandora Bancshares Inc.

National charter · OCC · 7 branches

Q2 2026

$299.0MAssets
$201.4MLoans
$275.1MDeposits
$21.5MEquity
Loan mix
90%RE $171.3M7%C&I $12.4M3%Consumer $5.6MQ2 2025Q2 2026
Deposit mix
93%Interest-bearing $255.9M7%Noninterest $19.2MQ2 2025Q2 2026

NIM

4.67%Q2 ’245.06%Q2 ’255.39%Q2 ’26+20%+14%

Non-interest income vs. expense

2.91%Q2 ’243.06%Q2 ’253.10%Q2 ’26+5%-5%

Market Position · Lima, OH · 2026 SOD (annual) · 3.9% share · #7 of 11 inst. · $0.1B of $2.5B

10.2% Putnam
3.9% Allen
2.6% Hancock

Executive Summary

  • Earnings: ROA of 0.96%, up 44 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.27% of loans (+9 bps YoY), with net charge-offs at 0.18%.
  • Capital: tier 1 leverage ratio of 8.07%, up 28 bps from a year ago.
  • Funding: loans stand at 73.21% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.96%+44 bps YoY

Net Interest Margin (quarter, annualized)

3.77%+47 bps YoY

Efficiency Ratio (quarter, annualized)

70.71%-1,089 bps YoY

Tier 1 Leverage Ratio

8.07%+28 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.52%0.69%0.76%0.82%0.96%+44 bps
Return on Equity7.80%10.05%10.77%11.56%13.36%+555 bps
Net Interest Margin3.30%3.40%3.57%3.60%3.77%+47 bps
Efficiency Ratio81.61%78.52%75.45%75.83%70.71%-1,089 bps
Non-Interest Burden2.61%2.56%2.58%2.61%2.49%-13 bps
Growth
Asset Growth (YoY)5.32%4.72%5.06%5.71%7.63%+232 bps
Loan Growth (YoY)6.60%5.45%4.36%3.12%5.74%-86 bps
Deposit Growth (YoY)5.62%4.55%4.28%5.36%7.35%+173 bps
Asset Quality
Nonperforming Loans / Loans0.17%0.13%0.11%0.28%0.27%+9 bps
Net Charge-Offs / Loans0.66%0.01%0.01%0.01%0.18%-48 bps
Allowance / Loans1.21%1.24%1.30%1.30%1.29%+8 bps
Allowance Coverage of NPLs7.0x9.7x11.9x4.7x4.9x-2.1x
Capital
Tier 1 Leverage Ratio7.79%7.90%7.68%8.01%8.07%+28 bps
Total Risk-Based Capital12.19%12.33%12.41%12.65%12.38%+18 bps
Equity / Assets6.75%7.00%7.05%7.15%7.21%+46 bps
Liquidity & Funding
Loans / Deposits74.33%73.00%72.48%72.76%73.21%-112 bps
Liquid Assets / Assets3.02%5.73%6.58%6.57%5.91%+289 bps
CRE / Total Capitaln/a253%256%254%n/an/a