PackageTrendsPeer
Letter portraitLegal landscape

First State Bank

Hordville, NE · Cert 8604 · Firstand Co.

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in NE3

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 NE (n=83). 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

46

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

9

Q2 2024Q2 2026peer median (50)

Liquidity

74

Q2 2024Q2 2026peer median

Efficiency

4

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

Hordville, NE · Cert 8604 · Firstand Co.

State charter, non-member · FDIC · 1 branch

Q2 2026

$46.8MAssets
$30.3MLoans
$39.8MDeposits
$5.6MEquity
Loan mix
87%RE $18.0M11%C&I $2.2M2%Consumer $0.4MQ3 2024Q2 2026
Deposit mix
83%Interest-bearing $33.2M17%Noninterest $6.6MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.41%, down 22 bps year over year; NIM at 3.18%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.20%, up 93 bps from a year ago.
  • Funding: loans stand at 76.06% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.41%-22 bps YoY

Net Interest Margin (YTD, annualized)

3.18%+7 bps YoY

Efficiency Ratio (YTD, annualized)

83.62%+912 bps YoY

Tier 1 Leverage Ratio

12.20%+93 bps YoY

NIM

4.63%Q2 ’244.79%Q2 ’254.77%Q2 ’26+4%+2%

Non-interest income vs. expense

2.34%Q2 ’242.36%Q2 ’252.78%Q2 ’26+1%+14%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.61%0.50%0.59%0.63%0.65%0.50%0.41%0.41%-22 bps
Return on Equity5.42%4.45%5.25%5.63%5.60%4.22%3.28%3.36%-227 bps
Net Interest Margin3.05%3.06%3.06%3.11%3.28%3.47%3.19%3.18%+7 bps
Efficiency Ratio74.37%79.01%75.77%74.50%74.56%80.59%83.51%83.62%+912 bps
Non-Interest Burden2.26%2.41%2.31%2.30%2.43%2.79%2.65%2.64%+33 bps
Growth
Asset Growth (YoY)1.54%0.75%6.54%0.85%-6.19%-7.91%-10.68%-4.82%-566 bps
Loan Growth (YoY)0.00%-3.90%7.84%5.94%4.81%-0.85%-7.26%-4.25%-1,019 bps
Deposit Growth (YoY)2.81%3.73%5.29%-1.05%-8.20%-9.32%-12.48%-4.78%-372 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.96%2.05%1.95%1.91%1.88%2.07%2.10%2.00%+9 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.79%11.74%11.20%11.27%11.95%12.64%12.29%12.20%+93 bps
Total Risk-Based Capital11.79%11.74%11.20%11.27%11.95%12.64%12.29%12.20%+93 bps
Equity / Assets11.57%11.63%10.70%11.31%12.67%13.01%12.15%11.92%+61 bps
Liquidity & Funding
Loans / Deposits76.22%72.67%70.38%75.64%87.02%79.45%74.58%76.06%+42 bps
Liquid Assets / Assets18.87%18.22%21.38%19.66%12.87%18.13%25.19%24.43%+477 bps
CRE / Total Capitaln/an/an/an/a33.31%33.11%30.03%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

Hordville, NE · Cert 8604 · Peer group: banks under $1B in assets in NE (n=83) · Firstand Co.

State charter, non-member · FDIC · 1 branch

Q2 2026

$46.8MAssets
$30.3MLoans
$39.8MDeposits
$5.6MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in NE (rank 19 of 83).
  • Widest gap: efficiency ratio trails 96% of banks under $1B in assets in NE (rank 81 of 83).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.40%

Rank 79 of 83

Net Interest Margin

3.18%

Rank 68 of 83

Efficiency Ratio

83.62%

Rank 81 of 83

Equity / Assets

11.92%

Rank 34 of 83

Non-interest income vs. expense

$0.1M$1.3MINCOMEEXPENSE
Unfavorable gap of $1.2M · efficiency ratio beats 4% of banks under $1B in assets in NE
Bank 83.62%Peer median 60.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.40%0.93%1.20%1.51%Beats 5%79 / 83
Return on Equity3.37%8.04%10.34%13.11%Beats 5%79 / 83
Net Interest Margin3.18%3.25%3.62%4.02%Beats 18%68 / 83
Efficiency Ratio83.62%51.13%59.95%67.19%Beats 4%81 / 83
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.19%0.96%Beats 100%19 / 83
Net Charge-Offs / Loans0.00%n/a0.00%0.02%Beats 100%33 / 83
Capital
Tier 1 Capital Ratio12.20%10.94%13.24%16.62%Beats 42%48 / 83
Total Risk-Based Capital Ratio12.20%11.04%13.54%17.63%Beats 37%52 / 83
Equity / Assets11.92%9.90%11.31%13.84%Beats 59%34 / 83
Liquidity & Funding
Loans / Deposits76.06%71.97%83.15%92.22%28th pctl60 / 83
Loans / Assets64.70%57.96%69.15%77.64%36th pctl53 / 83
Brokered Deposits / Depositsn/aNot reported for this institution