Ascend Bank

Guilford, CT · Cert 18194 · Ascend Mutual Holding

SI · FDIC · 14 branches

Q2 2026

$1.5BAssets

$1.2BLoans

$1.3BDeposits

$151.2MEquity

Loan mix

Deposit mix

NIM

Market Position · New Haven, CT · 2026 SOD (annual) · 4.8% share · #9 of 17 inst. · $1.0B of $20.4B

4.8% South Central Connecticut

2.7% Southeastern Connecticut

1.7% Lower Connecticut River Valley

3.6% Northeastern Connecticut

Earnings: ROA of 1.03%, up 65 bps year over year; NIM at 3.16%.
Asset quality: problem loans at 0.50% of loans (+32 bps YoY), with net charge-offs at 0.06%.

Return on Assets (YTD, annualized)

1.03%+65 bps YoY

Net Interest Margin (YTD, annualized)

3.16%+57 bps YoY

Efficiency Ratio (YTD, annualized)

67.45%-1,610 bps YoY

Tier 1 Leverage Ratio

9.65%-126 bps YoY

Year to date, annualized, through each quarter.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.39%	0.25%	0.49%	0.87%	1.03%	+65 bps
Return on Equity	3.82%	2.46%	4.94%	8.78%	10.35%	+653 bps
Net Interest Margin	2.58%	2.44%	2.62%	3.18%	3.16%	+57 bps
Efficiency Ratio	83.56%	87.91%	80.68%	69.27%	67.45%	-1,610 bps
Non-Interest Burden	2.06%	2.09%	2.02%	2.07%	1.98%	-9 bps
Growth
Asset Growth (YoY)	5.31%	24.59%	25.21%	23.93%	26.35%	+2,104 bps
Loan Growth (YoY)	7.10%	31.02%	32.49%	28.99%	30.00%	+2,290 bps
Deposit Growth (YoY)	6.24%	26.51%	26.13%	24.59%	26.09%	+1,985 bps
Asset Quality
Nonperforming Loans / Loans	0.18%	0.30%	0.36%	0.41%	0.50%	+32 bps
Net Charge-Offs / Loans	0.03%	0.29%	0.06%	0.12%	0.06%	+3 bps
Allowance / Loans	0.62%	0.63%	0.76%	0.74%	0.76%	+15 bps
Allowance Coverage of NPLs	3.4x	2.1x	2.1x	1.8x	1.5x	-1.9x
Capital
Tier 1 Leverage Ratio	10.91%	9.37%	9.35%	9.58%	9.65%	-126 bps
Total Risk-Based Capital	10.91%	9.37%	9.35%	9.58%	9.65%	-126 bps
Equity / Assets	10.30%	9.82%	9.84%	9.94%	10.11%	-19 bps
Liquidity & Funding
Loans / Deposits	85.50%	87.52%	88.59%	86.80%	88.15%	+265 bps
Liquid Assets / Assets	1.49%	1.75%	1.55%	3.63%	2.46%	+97 bps
CRE / Total Capital	n/a	325%	340%	328%	n/a	n/a