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Apple Bank

New York, NY · Cert 16068 · Apple Financial Holdings Inc.

SI · FDIC · 79 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area3

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 in the New York-Newark-Jersey City, NY-NJ area (n=15). 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

7

Q2 2024Q2 2026peer median (50)

Asset Quality

70

Q2 2024Q2 2026peer median (50)

Profitability

18

Q2 2024Q2 2026peer median (50)

Liquidity

100

Q2 2024Q2 2026peer median

Efficiency

13

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

Apple Bank

New York, NY · Cert 16068 · Apple Financial Holdings Inc.

SI · FDIC · 79 branches

Q2 2026

$19.9BAssets
$13.8BLoans
$16.1BDeposits
$1.6BEquity
Loan mix
70%RE $6.9B29%C&I $2.8B1%Consumer $0.1BQ3 2024Q2 2026
Deposit mix
91%Interest-bearing $14.6B9%Noninterest $1.5BQ3 2024Q2 2026

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.6% share · #22 of 151 inst. · $16.1B of $2921.1B

0.3% New York
3.3% Kings
2.2% Nassau
2.3% Suffolk

Executive Summary

  • Earnings: ROA of 0.39%, up 13 bps year over year; NIM at 2.16%.
  • Asset quality: problem loans at 0.44% of loans (-26 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 7.74%, down 37 bps from a year ago.
  • Funding: loans stand at 85.61% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.39%+13 bps YoY

Net Interest Margin (YTD, annualized)

2.16%+9 bps YoY

Efficiency Ratio (YTD, annualized)

80.24%-58 bps YoY

Tier 1 Leverage Ratio

7.74%-37 bps YoY

NIM

4.90%Q2 ’244.59%Q2 ’254.48%Q2 ’26-6%+4%

Non-interest income vs. expense

1.92%Q2 ’241.88%Q2 ’251.82%Q2 ’26-3%+5%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.15%0.19%0.24%0.27%0.28%0.34%0.27%0.39%+13 bps
Return on Equity1.68%2.18%2.81%3.14%3.36%4.07%3.30%4.83%+169 bps
Net Interest Margin2.20%2.16%2.03%2.08%2.06%2.06%2.17%2.16%+9 bps
Efficiency Ratio79.36%81.68%83.52%80.82%81.28%78.94%82.53%80.24%-58 bps
Non-Interest Burden1.67%1.70%1.64%1.61%1.61%1.54%1.74%1.69%+8 bps
Growth
Asset Growth (YoY)1.19%2.85%5.82%7.79%10.26%10.08%7.17%8.40%+61 bps
Loan Growth (YoY)1.87%4.27%8.87%10.00%11.38%9.56%6.35%6.61%-339 bps
Deposit Growth (YoY)-5.18%-2.40%0.43%0.91%8.23%8.52%6.11%9.89%+898 bps
Asset Quality
Nonperforming Loans / Loans0.86%0.84%0.76%0.70%0.69%0.54%0.50%0.44%-26 bps
Net Charge-Offs / Loans0.20%0.16%0.05%0.04%0.04%0.06%0.03%0.04%0 bps
Allowance / Loans0.59%0.49%0.49%0.52%0.50%0.48%0.48%0.39%-13 bps
Allowance Coverage of NPLs0.7x0.6x0.6x0.7x0.7x0.9x1.0x0.9x+0.2x
Capital
Tier 1 Leverage Ratio8.42%8.43%8.25%8.11%8.00%7.80%7.82%7.74%-37 bps
Total Risk-Based Capital12.53%12.33%11.96%11.76%12.05%11.80%12.07%12.12%+36 bps
Equity / Assets8.85%8.60%8.52%8.43%8.35%8.20%8.20%8.06%-37 bps
Liquidity & Funding
Loans / Deposits83.14%84.09%84.77%88.25%85.55%84.90%84.96%85.61%-264 bps
Liquid Assets / Assets5.71%5.61%5.62%5.85%5.71%5.97%5.25%5.42%-43 bps
CRE / Total Capitaln/an/an/an/a459%464%460%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

Apple Bank

New York, NY · Cert 16068 · Peer group: banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=15) · Apple Financial Holdings Inc.

SI · FDIC · 79 branches

Q2 2026

$19.9BAssets
$13.8BLoans
$16.1BDeposits
$1.6BEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 73% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 5 of 15).
  • Widest gap: total risk-based capital ratio trails 100% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 15 of 15).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.39%

Rank 14 of 15

Net Interest Margin

2.16%

Rank 10 of 15

Efficiency Ratio

80.24%

Rank 14 of 15

Equity / Assets

8.06%

Rank 12 of 15

Non-interest income vs. expense

$26.1M$359.6MINCOMEEXPENSE
Unfavorable gap of $333.5M · efficiency ratio beats 13% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 80.24%Peer median 55.4%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.39%0.74%0.98%1.14%Beats 7%14 / 15
Return on Equity4.78%5.21%8.81%10.53%Beats 13%13 / 15
Net Interest Margin2.16%1.76%2.56%3.09%Beats 33%10 / 15
Efficiency Ratio80.24%49.33%55.36%65.80%Beats 13%14 / 15
Asset Quality
Nonperforming Loans / Loans0.44%0.39%0.66%0.92%Beats 73%5 / 15
Net Charge-Offs / Loans0.02%0.01%0.03%0.10%Beats 67%6 / 15
Capital
Tier 1 Capital Ratio11.68%12.31%14.32%17.39%Beats 0%15 / 15
Total Risk-Based Capital Ratio12.12%13.34%14.76%19.29%Beats 0%15 / 15
Equity / Assets8.06%8.06%10.22%12.59%Beats 20%12 / 15
Liquidity & Funding
Loans / Deposits85.61%52.62%85.61%96.57%47th pctl8 / 15
Loans / Assets69.44%32.81%69.81%78.17%40th pctl9 / 15
Brokered Deposits / Depositsn/aNot reported for this institution