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First National Bank of Groton, The

Groton, NY · Cert 7085

National charter · OCC · 2 branches

Q2 2026

$203.9MAssets
$105.9MLoans
$175.1MDeposits
$27.5MEquity
Loan mix
77%RE $81.4M9%C&I $9.4M14%Consumer $14.9MQ2 2025Q2 2026
Deposit mix
69%Interest-bearing $121.2M31%Noninterest $53.9MQ2 2025Q2 2026

NIM

3.96%Q2 ’244.76%Q2 ’254.81%Q2 ’26+25%+0%

Non-interest income vs. expense

2.90%Q2 ’243.08%Q2 ’253.08%Q2 ’26+7%-1%

Market Position · Ithaca, NY · 2026 SOD (annual) · 4.0% share · #5 of 11 inst. · $0.1B of $2.9B

4.0% Tompkins
3.7% Cayuga

Executive Summary

  • Earnings: ROA of 1.29%, up 19 bps year over year; NIM at 4.22%.
  • Asset quality: problem loans at 1.62% of loans (+43 bps YoY), with net charge-offs at 0.17%.
  • Capital: tier 1 leverage ratio of 14.58%, up 29 bps from a year ago.
  • Funding: loans stand at 60.44% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.29%+19 bps YoY

Net Interest Margin (quarter, annualized)

4.22%+1 bps YoY

Efficiency Ratio (quarter, annualized)

66.68%-53 bps YoY

Tier 1 Leverage Ratio

14.58%+29 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.10%1.64%1.22%1.29%1.29%+19 bps
Return on Equity8.92%12.56%9.04%9.78%9.75%+83 bps
Net Interest Margin4.21%4.31%4.30%4.20%4.22%+1 bps
Efficiency Ratio67.21%61.85%65.84%64.11%66.68%-53 bps
Non-Interest Burden2.70%2.50%2.70%2.56%2.68%-2 bps
Growth
Asset Growth (YoY)-0.04%2.35%1.60%1.71%3.33%+337 bps
Loan Growth (YoY)4.68%5.21%6.59%4.66%3.80%-88 bps
Deposit Growth (YoY)0.87%2.70%-0.45%0.43%2.18%+131 bps
Asset Quality
Nonperforming Loans / Loans1.19%1.76%1.79%1.54%1.62%+43 bps
Net Charge-Offs / Loans0.38%-0.03%0.09%-0.01%0.17%-21 bps
Allowance / Loans1.28%1.24%1.26%1.32%1.30%+2 bps
Allowance Coverage of NPLs1.1x0.7x0.7x0.9x0.8x-0.3x
Capital
Tier 1 Leverage Ratio14.29%14.90%14.73%14.75%14.58%+29 bps
Total Risk-Based Capital14.29%14.90%14.73%14.75%14.58%+29 bps
Equity / Assets12.66%13.49%13.48%12.92%13.50%+85 bps
Liquidity & Funding
Loans / Deposits59.50%59.80%61.45%57.41%60.44%+94 bps
Liquid Assets / Assets4.78%5.07%3.46%7.31%3.31%-147 bps
CRE / Total Capitaln/a52.90%54.75%53.64%n/an/a