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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