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First State Bank

Winchester, OH · Cert 9437 · First State Bcorp Inc.

State charter, non-member · FDIC · 17 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=311 to 317). 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

64

Q2 2024Q2 2026peer median (50)

Asset Quality

45

Q2 2024Q2 2026peer median (50)

Profitability

37

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

42

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 2026-10-10

First State Bank

Winchester, OH · Cert 9437 · First State Bcorp Inc.

State charter, non-member · FDIC · 17 branches

Q2 2026

$1.2BAssets
$574.1MLoans
$1.1BDeposits
$108.5MEquity
Loan mix
93%RE $524.0M2%C&I $12.3M5%Consumer $26.8MQ2 2025Q2 2026
Deposit mix
87%Interest-bearing $954.6M13%Noninterest $143.1MQ2 2025Q2 2026

NIM

4.68%Q2 ’244.77%Q2 ’254.69%Q2 ’26+16%-3%

Non-interest income vs. expense

2.11%Q2 ’242.20%Q2 ’252.15%Q2 ’26+6%0%

Market Position · Cincinnati, OH-KY-IN · 2026 SOD (annual) · 0.1% share · #27 of 54 inst. · $0.2B of $187.5B

71.2% Adams
30.3% Brown
73.3% Martin
12.3% Fayette

Executive Summary

  • Earnings: ROA of 1.10%, up 3 bps year over year; NIM at 2.95%.
  • Asset quality: problem loans at 0.86% of loans (+43 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 10.47%, up 183 bps from a year ago.
  • Funding: loans stand at 52.30% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.10%+3 bps YoY

Net Interest Margin (YTD, annualized)

2.95%-8 bps YoY

Efficiency Ratio (YTD, annualized)

61.35%+82 bps YoY

Tier 1 Leverage Ratio

10.47%+183 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.07%1.06%1.04%1.15%1.10%+3 bps
Return on Equity15.73%15.69%14.57%13.21%12.68%-305 bps
Net Interest Margin3.02%2.96%2.99%3.05%2.95%-8 bps
Efficiency Ratio60.53%61.01%60.17%60.15%61.35%+82 bps
Non-Interest Burden1.63%1.61%1.59%1.63%1.63%0 bps
Growth
Asset Growth (YoY)4.97%4.20%11.06%10.67%10.71%+574 bps
Loan Growth (YoY)11.67%9.47%8.35%5.38%6.57%-510 bps
Deposit Growth (YoY)5.78%5.65%9.08%8.96%5.03%-75 bps
Asset Quality
Nonperforming Loans / Loans0.44%0.49%0.44%0.44%0.86%+43 bps
Net Charge-Offs / Loans0.03%0.03%0.06%0.00%0.03%0 bps
Allowance / Loans1.33%1.36%1.39%1.41%1.43%+10 bps
Allowance Coverage of NPLs3.1x2.8x3.1x3.2x1.7x-1.4x
Capital
Tier 1 Leverage Ratio8.64%8.62%10.69%10.63%10.47%+183 bps
Total Risk-Based Capital15.65%15.64%18.54%18.18%18.48%+283 bps
Equity / Assets5.88%6.55%8.80%8.59%8.74%+286 bps
Liquidity & Funding
Loans / Deposits51.54%53.83%54.25%53.00%52.30%+76 bps
Liquid Assets / Assets7.29%4.36%4.36%4.33%6.59%-70 bps
CRE / Total Capitaln/a253%210%216%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 2026-10-10

First State Bank

Winchester, OH · Cert 9437 · Peer group: banks $1B-$10B in assets (n=311-317) · First State Bcorp Inc.

State charter, non-member · FDIC · 17 branches

Q2 2026

$1.2BAssets
$574.1MLoans
$1.1BDeposits
$108.5MEquity

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 86% of banks $1B-$10B in assets (rank 43 of 317).
  • Widest gap: equity / assets trails 81% of banks $1B-$10B in assets (rank 258 of 317).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.06%

Rank 207 of 317

Net Interest Margin

2.95%

Rank 255 of 317

Efficiency Ratio

62.01%

Rank 184 of 317

Equity / Assets

8.74%

Rank 258 of 317

Non-interest income vs. expense

$6.5M$26.7MINCOMEEXPENSE
Unfavorable gap of $20.2M · efficiency ratio beats 42% of banks $1B-$10B in assets
Bank 62.01%Peer median 59.7%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.06%0.93%1.22%1.51%Beats 35%207 / 317
Return on Equity12.15%8.63%11.43%14.48%Beats 56%140 / 317
Net Interest Margin2.95%3.06%3.45%3.83%Beats 20%255 / 317
Efficiency Ratio62.01%51.90%59.69%67.53%Beats 42%184 / 317
Asset Quality
Nonperforming Loans / Loans0.86%0.24%0.51%1.14%Beats 33%210 / 311
Net Charge-Offs / Loans0.03%0.01%0.04%0.12%Beats 56%137 / 311
Capital
Tier 1 Capital Ratio17.38%11.75%13.15%15.30%Beats 86%43 / 317
Total Risk-Based Capital Ratio18.48%12.63%14.21%16.26%Beats 86%43 / 317
Equity / Assets8.74%9.06%10.32%11.95%Beats 19%258 / 317
Liquidity & Funding
Loans / Deposits52.30%76.63%88.04%95.67%4th pctl298 / 312
Loans / Assets46.27%65.41%74.05%79.71%7th pctl296 / 317
Brokered Deposits / Depositsn/aNot reported for this institution