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Firstbank

Nashville, TN · Cert 8663 · FB Financial Corp.

State charter, Fed member · FED · 98 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $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 over $10B in assets (n=142 to 144). 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

24

Q2 2024Q2 2026peer median (50)

Asset Quality

46

Q2 2024Q2 2026peer median (50)

Profitability

68

Q2 2024Q2 2026peer median (50)

Liquidity

58

Q2 2024Q2 2026peer median

Efficiency

66

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

Firstbank

Nashville, TN · Cert 8663 · FB Financial Corp.

State charter, Fed member · FED · 98 branches

Q2 2026

$16.8BAssets
$13.1BLoans
$14.4BDeposits
$2.0BEquity
Loan mix
78%RE $9.8B17%C&I $2.2B4%Consumer $0.6BQ2 2025Q2 2026
Deposit mix
81%Interest-bearing $11.6B19%Noninterest $2.8BQ2 2025Q2 2026

NIM

5.66%Q2 ’245.53%Q2 ’255.57%Q2 ’26+4%+9%

Non-interest income vs. expense

2.34%Q2 ’242.44%Q2 ’252.27%Q2 ’26+8%-3%

Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2026 SOD (annual) · 5.0% share · #6 of 62 inst. · $5.4B of $107.8B

3.9% Davidson
12.6% Williamson
10.0% Rutherford
3.8% Knox

Executive Summary

  • Earnings: ROA of 1.46%, up 79 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 1.40% of loans (+23 bps YoY), with net charge-offs at 0.08%.
  • Capital: tier 1 leverage ratio of 10.35%, down 45 bps from a year ago.
  • Funding: loans stand at 90.95% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.46%+79 bps YoY

Net Interest Margin (YTD, annualized)

3.73%+30 bps YoY

Efficiency Ratio (YTD, annualized)

51.73%-681 bps YoY

Tier 1 Leverage Ratio

10.35%-45 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.66%0.66%0.89%1.46%1.46%+79 bps
Return on Equity5.62%5.54%7.44%11.98%12.13%+651 bps
Net Interest Margin3.42%3.15%3.30%3.71%3.73%+30 bps
Efficiency Ratio58.54%59.44%59.00%53.13%51.73%-681 bps
Non-Interest Burden1.67%1.60%1.67%1.66%1.62%-5 bps
Growth
Asset Growth (YoY)6.44%25.56%23.99%25.38%25.79%+1,935 bps
Loan Growth (YoY)6.39%30.10%29.35%28.06%30.39%+2,400 bps
Deposit Growth (YoY)9.13%25.85%23.92%25.50%25.52%+1,639 bps
Asset Quality
Nonperforming Loans / Loans1.17%1.10%1.18%1.19%1.40%+23 bps
Net Charge-Offs / Loans0.08%0.06%0.05%0.11%0.08%+1 bps
Allowance / Loans1.49%1.48%1.48%1.46%1.49%0 bps
Allowance Coverage of NPLs1.3x1.3x1.3x1.2x1.1x-0.2x
Capital
Tier 1 Leverage Ratio10.80%10.78%10.46%10.58%10.35%-45 bps
Total Risk-Based Capital14.22%13.26%12.95%13.06%12.54%-169 bps
Equity / Assets11.80%12.37%12.14%12.17%11.75%-5 bps
Liquidity & Funding
Loans / Deposits87.55%90.09%90.33%90.32%90.95%+340 bps
Liquid Assets / Assets5.03%5.20%4.59%4.86%4.39%-64 bps
CRE / Total Capitaln/a406%417%408%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

Firstbank

Nashville, TN · Cert 8663 · Peer group: banks over $10B in assets (n=142-144) · FB Financial Corp.

State charter, Fed member · FED · 98 branches

Q2 2026

$16.8BAssets
$13.1BLoans
$14.4BDeposits
$2.0BEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 78% of banks over $10B in assets (rank 32 of 144).
  • Widest gap: tier 1 capital ratio trails 93% of banks over $10B in assets (rank 134 of 144).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.43%

Rank 45 of 144

Net Interest Margin

3.73%

Rank 32 of 144

Efficiency Ratio

52.78%

Rank 50 of 144

Equity / Assets

11.75%

Rank 60 of 144

Non-interest income vs. expense

$106.3M$370.6MINCOMEEXPENSE
Unfavorable gap of $264.3M · efficiency ratio beats 66% of banks over $10B in assets
Bank 52.78%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.43%1.00%1.26%1.54%Beats 69%45 / 144
Return on Equity12.20%8.98%11.34%14.40%Beats 58%60 / 144
Net Interest Margin3.73%2.82%3.31%3.68%Beats 78%32 / 144
Efficiency Ratio52.78%49.42%56.02%62.41%Beats 66%50 / 144
Asset Quality
Nonperforming Loans / Loans1.40%0.48%0.73%1.07%Beats 16%120 / 142
Net Charge-Offs / Loans0.05%0.05%0.11%0.22%Beats 75%37 / 142
Capital
Tier 1 Capital Ratio11.29%12.07%12.98%14.92%Beats 7%134 / 144
Total Risk-Based Capital Ratio12.54%13.39%14.14%16.25%Beats 8%132 / 144
Equity / Assets11.75%9.69%11.39%12.96%Beats 58%60 / 144
Liquidity & Funding
Loans / Deposits90.95%75.72%84.92%91.56%73rd pctl38 / 143
Loans / Assets77.94%59.83%69.07%74.80%83rd pctl25 / 144
Brokered Deposits / Depositsn/aNot reported for this institution