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The First National Bank of Monterey

$100M-$1B Specialty: Agricultural IN FDIC cert 4364

Monterey, IN

4 branches across IN

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 60 in IN.
  • Deposits +2.1% year over year ($379.8M on the books).
  • Delinquency rate 0.37%.
  • Return on assets 1.10%.
  • Efficiency ratio 56.52% vs a 64.48% peer average.
  • Loan-to-deposit ratio 64.85% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 60 in IN
View $100M-$1B leaderboard (IN) →

The First National Bank of Monterey has 2 strengths but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Efficiency Ratio 7.96% below tier average
  • + Delinquency Rate 0.55% below tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 29.6% in tier
  • - Credit Risk Growth: Bottom 39.9% in tier
  • - ROA 0.23% below tier average
  • - Net Interest Margin 0.93% below tier average
Get updates when The First National Bank of Monterey releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Total Assets ? $430.5M
+3.6% YoY +0.2% QoQ
+$43.9M $386.6M
+1.2% YoY
$2.5B
+3.7% YoY
$6.3B
+7.7% YoY
65%
Total Loans ? $246.3M
+8.5% YoY +6.0% QoQ
-$12.1M $258.3M
+1.7% YoY
$1.8B
+5.7% YoY
$3.2B
+9.4% YoY
58%
Total Deposits ? $379.8M
+2.1% YoY +0.4% QoQ
+$53.0M $326.7M
+0.7% YoY
$2.0B
+3.4% YoY
$4.9B
+7.3% YoY
67%
Return on Assets ? 1.10%
+40.4% YoY +0.7% QoQ
-0.23% 1.32%
+10.8% YoY
1.07%
+3.3% YoY
1.30%
+12.1% YoY
40%
Net Interest Margin ? 3.06%
+13.9% YoY +2.4% QoQ
-0.93% 3.99%
+5.0% YoY
3.70%
+8.1% YoY
3.95%
+4.9% YoY
Bottom 11.4% in tier
Efficiency Ratio ? 56.52%
-13.5% YoY +0.7% QoQ
-7.96% 64.48%
-3.2% YoY
77.20%
+13.2% YoY
70.05%
+2.5% YoY
68%
Delinquency Rate ? 0.37%
+64.3% YoY -31.6% QoQ
-0.55% 0.92%
+15.7% YoY
0.91%
+27.8% YoY
0.98%
+16.3% YoY
53%
Loan-to-Deposit Ratio ? 64.85%
+6.3% YoY +5.6% QoQ
-13.11% 77.95%
+1.0% YoY
81.91%
+1.2% YoY
79.03%
+2.3% YoY
77%
Non-Interest-Bearing Deposit Share ? 15.13%
-2.6% YoY -0.1% QoQ
-6.90% 22.03%
-0.6% YoY
16.57%
-2.9% YoY
21.98%
-0.6% YoY
25%
Nonperforming Asset Ratio ? 0.22%
+77.3% YoY -27.1% QoQ
-0.45% 0.67%
+16.4% YoY
0.69%
+42.1% YoY
0.69%
+15.8% YoY
59%
Tier 1 Capital Ratio ? 13.13%
+3.9% YoY +0.0% QoQ
-2.78% 15.91%
+1.4% YoY
16.20%
+1.2% YoY
17.09%
+0.8% YoY
49%
Non-Interest Income / Assets ? 0.11%
+19.8% YoY +85.5% QoQ
-0.46% 0.57%
+7.6% YoY
1.78%
-1.3% YoY
0.66%
+5.2% YoY
21%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Noninterest-Bearing 15.1%
-0.4pp YoY
0.0pp QoQ
 -7.0pp 22.1% 16.8% 22.2% 25%
Brokered Deposits n/a n/a 7.9% 7.2% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
C&I 6.6%
-0.2pp YoY
+0.4pp QoQ
 -4.9pp 11.6% 11.1% 12.5% 30%
CRE 8.5%
+1.2pp YoY
-0.5pp QoQ
 -31.1pp 39.5% 36.2% 41.4% 3%
1-4 Family 22.1%
-0.6pp YoY
-0.5pp QoQ
 -10.5pp 32.6% 40.0% 31.3% 35%
Consumer 1.2%
-0.1pp YoY
-0.1pp QoQ
 -3.0pp 4.1% 3.2% 5.0% 32%

Capital

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 17.5% 19.7% n/a
Leverage Ratio 13.1%
+0.5pp YoY
0.0pp QoQ
 +1.0pp 12.2% 13.0% 12.6% 76%
Total Capital Ratio n/a n/a 19.9% 18.7% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Full-Time Employees 48
+6 (+14.3%) YoY
+2 (+4.3%) QoQ
 -11 58 237 482 50%
Assets per Employee ($) $9.0M
-9.3% YoY
-4.0% QoQ
 +$1.5M $7.5M $7.5M $8.8M 79%
Branch Count 4
0 YoY
0 QoQ
 -1 4 17 18 42%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Past Due 90+ Days 0.0%
0.0pp YoY
-0.1pp QoQ
 -0.3pp 0.3% 0.2% 0.4% 26%
Nonaccrual 0.4%
+0.2pp YoY
0.0pp QoQ
 -0.6pp 0.9% 0.8% 1.0% 43%
Allowance Coverage 5.14x
-44.1% YoY
+38.0% QoQ
 -19.01x 24.15x 6.71x 20.23x 71%
Net Charge-off Rate (YTD) -0.0%
0.0pp YoY
0.0pp QoQ
 -0.2pp 0.1% 0.1% 0.2% 20%

Profitability

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
ROE 9.7%
+1.8pp YoY
+0.1pp QoQ
 -2.5pp 12.2% 11.2% 11.6% 35%
Cost of Funds (YTD) 2.0%
-0.3pp YoY
0.0pp QoQ
 +0.3pp 1.7% 1.8% 1.7% 73%
Net Income ($, YTD) $2.3M
+45.4% YoY
— QoQ
 -$221K $2.6M $16.3M $40.4M 59%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (2)

Credit Quality Pressure

risk
#373 of 1256 • Bottom 29.6% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.37%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ | QoQ rank improving

Credit Risk Growth

risk
#374 of 936 • Bottom 39.9% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

936 of 936 Community banks match · 1401 nationally
→ Stable -58 banks QoQ | QoQ rank improving

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (1 metrics)

616
Loan-to-Deposit Ratio
liquidity
Value: 64.85%
Peer Median: 77.95%
#616 of 2643 Top 23.3% in $100M-$1B

Top Weaknesses (2 metrics)

2342
Net Interest Margin
profitability
Value: 3.06%
Peer Median: 3.99%
#2342 of 2643 Bottom 11.4% in $100M-$1B
2094
Non-Interest Income / Assets
revenue_mix
Value: 0.11%
Peer Median: 0.57%
#2094 of 2643 Bottom 20.8% in $100M-$1B
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