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First National Bank

Altavista, VA · Cert 6811 · Pinnacle Bankshares Corp.

National charter · OCC · 19 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

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 $1B-$10B in assets (n=322 to 328). 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

33

Q2 2024Q2 2026peer median (50)

Asset Quality

61

Q2 2024Q2 2026peer median (50)

Profitability

84

Q2 2024Q2 2026peer median (50)

Liquidity

31

Q2 2024Q2 2026peer median

Efficiency

55

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

Altavista, VA · Cert 6811 · Pinnacle Bankshares Corp.

National charter · OCC · 19 branches

Q2 2026

$1.1BAssets
$747.9MLoans
$1.0BDeposits
$91.5MEquity
Loan mix
69%RE $501.5M13%C&I $94.4M18%Consumer $132.9MQ2 2025Q2 2026
Deposit mix
70%Interest-bearing $730.8M30%Noninterest $310.9MQ2 2025Q2 2026

NIM

4.64%Q2 ’244.93%Q2 ’254.83%Q2 ’26+10%+1%

Non-interest income vs. expense

2.97%Q2 ’243.29%Q2 ’253.10%Q2 ’26+12%-35%

Market Position · Lynchburg, VA · 2026 SOD (annual) · 11.6% share · #4 of 17 inst. · $0.7B of $6.2B

46.7% Campbell
11.2% Danville (City)
24.0% Pittsylvania
3.8% Bedford

Executive Summary

  • Earnings: ROA of 1.76%, up 74 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 0.19% of loans (+5 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 8.84%, down 79 bps from a year ago.
  • Funding: loans stand at 71.80% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.76%+74 bps YoY

Net Interest Margin (YTD, annualized)

3.86%+2 bps YoY

Efficiency Ratio (YTD, annualized)

58.18%-1,318 bps YoY

Tier 1 Leverage Ratio

8.84%-79 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.01%1.08%1.08%1.15%1.76%+74 bps
Return on Equity11.80%12.68%12.80%14.36%21.85%+1,006 bps
Net Interest Margin3.84%3.87%3.84%3.87%3.86%+2 bps
Efficiency Ratio71.36%70.23%69.96%67.98%58.18%-1,318 bps
Non-Interest Burden2.54%2.50%2.47%2.42%1.65%-89 bps
Growth
Asset Growth (YoY)4.23%1.49%2.03%5.03%9.75%+552 bps
Loan Growth (YoY)8.41%7.55%3.97%2.95%3.07%-534 bps
Deposit Growth (YoY)3.24%1.81%2.14%6.14%10.84%+760 bps
Asset Quality
Nonperforming Loans / Loans0.13%0.18%0.20%0.20%0.19%+5 bps
Net Charge-Offs / Loans0.01%0.01%0.02%0.04%0.07%+6 bps
Allowance / Loans0.71%0.71%0.71%0.71%0.71%0 bps
Allowance Coverage of NPLs5.3x4.0x3.5x3.5x3.7x-1.5x
Capital
Tier 1 Leverage Ratio9.63%8.82%8.89%8.63%8.84%-79 bps
Total Risk-Based Capital13.93%12.91%13.18%13.06%13.76%-17 bps
Equity / Assets8.88%8.30%8.20%7.87%8.03%-85 bps
Liquidity & Funding
Loans / Deposits77.21%77.75%76.12%74.19%71.80%-541 bps
Liquid Assets / Assets9.97%9.09%10.33%10.29%11.84%+187 bps
CRE / Total Capitaln/a338%329%325%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

Altavista, VA · Cert 6811 · Peer group: banks $1B-$10B in assets (n=322-328) · Pinnacle Bankshares Corp.

National charter · OCC · 19 branches

Q2 2026

$1.1BAssets
$747.9MLoans
$1.0BDeposits
$91.5MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 94% of banks $1B-$10B in assets (rank 19 of 328).
  • Widest gap: equity / assets trails 94% of banks $1B-$10B in assets (rank 308 of 328).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.69%

Rank 62 of 328

Net Interest Margin

3.86%

Rank 79 of 328

Efficiency Ratio

58.45%

Rank 149 of 328

Equity / Assets

8.03%

Rank 308 of 328

Non-interest income vs. expense

$16.2M$34.5MINCOMEEXPENSE
Unfavorable gap of $18.3M · efficiency ratio beats 55% of banks $1B-$10B in assets
Bank 58.45%Peer median 59.6%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.69%0.91%1.22%1.52%Beats 81%62 / 328
Return on Equity21.04%8.43%11.45%14.43%Beats 94%19 / 328
Net Interest Margin3.86%3.03%3.45%3.83%Beats 76%79 / 328
Efficiency Ratio58.45%51.61%59.56%67.53%Beats 55%149 / 328
Asset Quality
Nonperforming Loans / Loans0.19%0.24%0.51%1.03%Beats 78%71 / 322
Net Charge-Offs / Loans0.05%0.01%0.03%0.10%Beats 43%187 / 322
Capital
Tier 1 Capital Ratio13.04%11.75%13.15%15.47%Beats 48%169 / 328
Total Risk-Based Capital Ratio13.76%12.63%14.15%16.46%Beats 45%179 / 328
Equity / Assets8.03%9.15%10.33%12.01%Beats 6%308 / 328
Liquidity & Funding
Loans / Deposits71.80%76.63%87.92%95.36%19th pctl262 / 323
Loans / Assets65.64%65.18%74.15%79.98%26th pctl243 / 328
Brokered Deposits / Depositsn/aNot reported for this institution