Bank Safety Analysis
Is First Exchange Bank Safe? White Hall, West Virginia
Based on its Q2 2026 call report, First Exchange Bank meets every capital ratio test for well capitalized, its Texas ratio is 17.43%, and its deposits are FDIC insured up to $250,000 per depositor.
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Short answer
On its Q2 2026 call report, First Exchange Bank's CET1 ratio is 12.76%, above the 6.5% well-capitalized threshold.
- CET1 ratio (Q2 2026): 12.76%
- Tier 1 leverage ratio (Q2 2026): 8.96%
- Texas ratio (Q2 2026): 17.43%
- Noncurrent loans ratio (Q2 2026): 2.10%
First Exchange Bank is an FDIC-insured commercial bank (FDIC Certificate #13020). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Context: largest US bank failures · what these ratios mean · how we score.
First Exchange Bank meets regulatory minimums but is on the watch band for 1 of 5 safety dimensions. Analysis based on the Q2 2026 call report.
The standout move of Q2 2026 was in nonperforming loan ratio (nonaccrual plus 90+ days past due): 0.49 percentage points lower than in Q1 2026, at 2.10%. Within West Virginia, First Exchange Bank is 11th of 15 on CET1 ratio, 12.76% as of Q2 2026. First Exchange Bank reported 12.76% on CET1 ratio for Q2 2026, 2.32 points below the 15.08% median for banks in the $100M-1B asset tier. From Q3 2023 to Q2 2026, First Exchange Bank's CET1 ratio ranged between 12.63% (Q1 2026) and 13.33% (Q3 2025) and its Texas ratio ranged between 7.93% (Q2 2024) and 23.96% (Q2 2025). Between Q2 2025 and Q2 2026, First Exchange Bank's CET1 ratio fell from 12.91% to 12.76%, nonperforming loan ratio (nonaccrual plus 90+ days past due) fell from 2.69% to 2.10%, Texas ratio fell from 23.96% to 17.43% and return on assets rose from 0.13% to 0.96%.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating. Held-out test AUC 0.910 for the 1-year horizon (v20261026_025757). Trained on credit-driven community-bank failures, it carries little signal for interest-rate or deposit-flight risk. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety. See the methodology. This is not investment advice or a credit rating.
Scorecard by dimension
Peer cohort: $100M to $1B (2,757 banks) · Industry averages as of Q2 2026.
CET1 of 12.76% sits comfortably above the 6.5% well-capitalized threshold under Prompt Corrective Action and the 7.0% level required once the capital conservation buffer is included.
Tier 1 leverage of 8.96% is above the 5% well-capitalized threshold.
Nonperforming loans at 2.10% are elevated; merits closer attention.
Texas Ratio of 17.4% is well below the 100% historical failure threshold.
Efficiency ratio of 69.9% is inside the 75% pass line, though above the 65% level typical of lower-cost banks.
Risk screens
Latest filing (Q2 2026), passing screens included.
| Screen | Value | Trigger | Result |
|---|---|---|---|
| CET1 capital ratio supervisory threshold | 12.76% | Flags below 7% | Within range |
| Texas ratio BankRegReports band | 17.43% | Watch at 50%, concern at 100% | Within range |
| Non-performing loan ratio BankRegReports band | 2.10% | Flags at 3% or above | Within range |
| Uninsured deposit share BankRegReports band | — | Watch at 50%, concern at 70% | Not reported |
| Loan-to-deposit ratio BankRegReports band | 82.66% | Flags at 100% or above | Within range |
| Commercial real estate to capital supervisory threshold | 133.88% | Watch at 200%, concern at 300% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 0.00% | Watch at 10%, concern at 25% | Within range |
Capital ratio: last 8 quarters
| Quarter | CET1 (%) |
|---|---|
| Q2 2026 | 12.76% |
| Q1 2026 | 12.63% |
| Q4 2025 | 12.81% |
| Q3 2025 | 13.33% |
| Q2 2025 | 12.91% |
| Q1 2025 | 13.17% |
| Q4 2024 | 12.89% |
| Q3 2024 | 12.86% |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q2 2026 | 17.43% |
| Q1 2026 | 21.99% |
| Q4 2025 | 21.51% |
| Q3 2025 | 23.85% |
| Q2 2025 | 23.96% |
| Q1 2025 | 19.48% |
| Q4 2024 | 19.09% |
| Q3 2024 | 14.76% |
| Q2 2024 | 7.93% |
| Q1 2024 | 14.89% |
| Q4 2023 | 15.13% |
| Q3 2023 | 20.27% |
First Exchange Bank by quarter
| Quarter end | CET1 | NPL ratio | Texas ratio | ROA |
|---|---|---|---|---|
| Jun 30, 2026 | 12.76% | 2.10% | 17.43% | 0.96% |
| Mar 31, 2026 | 12.63% | 2.59% | 21.99% | 0.89% |
| Dec 31, 2025 | 12.81% | 2.50% | 21.51% | 0.48% |
| Sep 30, 2025 | 13.33% | 2.84% | 23.85% | 0.64% |
| Jun 30, 2025 | 12.91% | 2.69% | 23.96% | 0.13% |
| Mar 31, 2025 | 13.17% | 2.17% | 19.48% | 0.62% |
| Dec 31, 2024 | 12.89% | 2.05% | 19.09% | 0.24% |
| Sep 30, 2024 | 12.86% | 1.63% | 14.76% | 0.51% |
| Jun 30, 2024 | — | 0.83% | 7.93% | 0.57% |
| Mar 31, 2024 | — | 1.55% | 14.89% | 0.54% |
| Dec 31, 2023 | — | 1.60% | 15.13% | 1.16% |
| Sep 30, 2023 | — | 2.19% | 20.27% | 0.87% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is First Exchange Bank FDIC insured?
Yes. First Exchange Bank is an FDIC-insured commercial bank (FDIC Certificate #13020). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is First Exchange Bank well capitalized?
On its Q2 2026 call report, First Exchange Bank's CET1 ratio is 12.76%, above the 6.5% well-capitalized threshold. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the FDIC, applies.
What are First Exchange Bank's key safety ratios?
For Q2 2026, First Exchange Bank reports CET1 12.76%, leverage 8.96%, Texas ratio 17.43%, noncurrent loans 2.10%. The Texas ratio compares problem assets with tangible equity plus reserves; above 100% has historically signaled elevated failure risk.
What happens to my deposits if First Exchange Bank fails?
Insured deposits are protected up to $250,000 per depositor, per insured bank, per ownership category. If an insured bank fails, the FDIC pays insured depositors as soon as possible, usually the next business day.
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Methodology & disclaimer
Based on the latest FFIEC call report. Model output is an estimate, not a credit rating, and this page is not investment advice. FDIC insurance covers deposits up to $250,000 per depositor per ownership category at any FDIC-insured bank, whatever its safety profile. See the methodology and full profile.
Regulator records: FDIC BankFind (cert 13020) · FFIEC NIC profile (RSSD 170332)
Explore: Full First Exchange Bank profile · Other banks in WV · Metric glossary · How the call report works