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Farmers State Bank

West Salem, OH · Cert 8647 · Community Ind Bcorp Inc.

State charter, non-member · FDIC · 6 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 OH3

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 OH (n=68 to 71). 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

30

Q2 2024Q2 2026peer median (50)

Asset Quality

58

Q2 2024Q2 2026peer median (50)

Profitability

72

Q2 2024Q2 2026peer median (50)

Liquidity

92

Q2 2024Q2 2026peer median

Efficiency

46

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

Farmers State Bank

West Salem, OH · Cert 8647 · Community Ind Bcorp Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$187.5MAssets
$128.1MLoans
$163.0MDeposits
$13.6MEquity
Loan mix
78%RE $93.6M17%C&I $20.9M5%Consumer $5.4MQ3 2024Q2 2026
Deposit mix
61%Interest-bearing $100.3M39%Noninterest $62.8MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 1.07%, up 32 bps year over year; NIM at 4.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 9.30%, up 39 bps from a year ago.
  • Funding: loans stand at 78.57% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.07%+32 bps YoY

Net Interest Margin (YTD, annualized)

4.15%+27 bps YoY

Efficiency Ratio (YTD, annualized)

72.34%-459 bps YoY

Tier 1 Leverage Ratio

9.30%+39 bps YoY

NIM

4.32%Q2 ’244.54%Q2 ’254.80%Q2 ’26+13%+7%

Non-interest income vs. expense

3.43%Q2 ’243.49%Q2 ’253.54%Q2 ’26+7%-1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.70%0.78%0.69%0.75%0.91%0.81%0.99%1.07%+32 bps
Return on Equity12.93%14.23%12.00%12.86%14.98%12.97%14.57%15.39%+252 bps
Net Interest Margin3.46%3.52%3.77%3.87%3.90%3.87%4.07%4.15%+27 bps
Efficiency Ratio79.92%78.37%80.31%76.92%74.41%74.70%74.39%72.34%-459 bps
Non-Interest Burden2.61%2.60%2.90%2.82%2.72%2.72%2.86%2.79%-3 bps
Growth
Asset Growth (YoY)7.83%5.53%0.66%1.28%-3.99%2.03%2.99%0.90%-38 bps
Loan Growth (YoY)6.15%-0.51%0.16%0.92%1.96%6.83%7.33%5.23%+431 bps
Deposit Growth (YoY)0.52%5.50%5.51%6.50%0.35%0.87%2.18%-3.75%-1,025 bps
Asset Quality
Nonperforming Loans / Loans0.01%0.15%0.00%0.00%0.00%0.10%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%-0.01%0.00%0.00%0.00%0.00%0.14%0.07%+7 bps
Allowance / Loans0.90%0.95%0.95%1.00%1.01%1.13%1.08%1.13%+13 bps
Allowance Coverage of NPLs154.3x6.4xn/an/an/a11.4x679.0x1444.0xn/a
Capital
Tier 1 Leverage Ratio8.32%8.38%8.84%8.91%8.94%8.82%8.98%9.30%+39 bps
Total Risk-Based Capital13.29%13.69%14.02%13.82%13.99%14.05%13.96%13.97%+14 bps
Equity / Assets5.82%5.56%6.03%5.98%6.69%6.77%6.89%7.23%+125 bps
Liquidity & Funding
Loans / Deposits72.71%67.61%70.46%71.86%73.87%71.60%74.00%78.57%+670 bps
Liquid Assets / Assets5.81%3.16%2.51%2.61%1.87%3.31%3.25%1.77%-85 bps
CRE / Total Capitaln/an/an/an/a161.01%153.60%149.22%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

Farmers State Bank

West Salem, OH · Cert 8647 · Peer group: banks under $1B in assets in OH (n=68-71) · Community Ind Bcorp Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$187.5MAssets
$128.1MLoans
$163.0MDeposits
$13.6MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 87% of banks under $1B in assets in OH (rank 10 of 68).
  • Widest gap: equity / assets trails 92% of banks under $1B in assets in OH (rank 65 of 71).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.08%

Rank 33 of 71

Net Interest Margin

4.15%

Rank 15 of 71

Efficiency Ratio

72.34%

Rank 39 of 71

Equity / Assets

7.23%

Rank 65 of 71

Non-interest income vs. expense

$1.4M$6.7MINCOMEEXPENSE
Unfavorable gap of $5.3M · efficiency ratio beats 46% of banks under $1B in assets in OH
Bank 72.34%Peer median 70.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.08%0.62%1.02%1.39%Beats 54%33 / 71
Return on Equity14.91%5.62%10.07%13.60%Beats 82%13 / 71
Net Interest Margin4.15%2.93%3.56%4.07%Beats 79%15 / 71
Efficiency Ratio72.34%55.94%70.77%78.80%Beats 46%39 / 71
Asset Quality
Nonperforming Loans / Loans0.00%0.08%0.27%0.97%Beats 87%10 / 68
Net Charge-Offs / Loans0.04%n/a0.00%0.05%Beats 28%50 / 68
Capital
Tier 1 Capital Ratio12.88%11.18%13.77%20.34%Beats 37%45 / 71
Total Risk-Based Capital Ratio13.97%12.08%14.34%21.24%Beats 46%38 / 71
Equity / Assets7.23%8.41%10.74%13.32%Beats 8%65 / 71
Liquidity & Funding
Loans / Deposits78.57%64.48%76.81%87.49%56th pctl30 / 68
Loans / Assets68.31%55.33%65.58%72.51%55th pctl32 / 71
Brokered Deposits / Depositsn/aNot reported for this institution