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Letter portraitLegal landscapeQuarterYTD

State Bank of India (California)

Los Angeles, CA · Cert 23998 · State Bank of India

State charter, non-member · FDIC · 8 branches

Q2 2026

$1.4BAssets
$1.2BLoans
$1.2BDeposits
$186.8MEquity
Loan mix
57%RE $681.0M43%C&I $517.2M0%Consumer $0.0MQ3 2024Q2 2026
Deposit mix
89%Interest-bearing $1.1B11%Noninterest $0.1BQ3 2024Q2 2026

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2026 SOD (annual) · 0.1% share · #56 of 107 inst. · $0.6B of $667.8B

0.2% Los Angeles
0.3% Alameda
0.1% San Diego
0.1% Santa Clara

Executive Summary

  • Earnings: ROA of 1.10%, up 29 bps year over year; NIM at 2.73%.
  • Asset quality: problem loans at 1.11% of loans (+67 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 14.05%, down 31 bps from a year ago.
  • Funding: loans stand at 100.13% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.10%+29 bps YoY

Net Interest Margin (YTD, annualized)

2.73%+6 bps YoY

Efficiency Ratio (YTD, annualized)

56.55%-92 bps YoY

Tier 1 Leverage Ratio

14.05%-31 bps YoY

NIM

5.84%Q2 ’245.60%Q2 ’255.45%Q2 ’26-4%+2%

Non-interest income vs. expense

1.68%Q2 ’241.64%Q2 ’251.67%Q2 ’26-3%-1%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.89%0.86%0.89%0.80%0.83%0.80%1.35%1.10%+29 bps
Return on Equity6.27%6.08%6.48%5.86%6.07%5.87%10.10%8.16%+230 bps
Net Interest Margin2.73%2.59%2.61%2.68%2.68%2.62%2.76%2.73%+6 bps
Efficiency Ratio58.37%58.92%61.30%57.47%57.95%58.59%54.35%56.55%-92 bps
Non-Interest Burden1.53%1.46%1.54%1.47%1.47%1.46%1.38%1.45%-2 bps
Growth
Asset Growth (YoY)7.10%8.49%8.48%12.04%7.07%8.20%9.65%6.02%-601 bps
Loan Growth (YoY)9.34%7.86%8.01%14.74%7.54%8.94%9.01%3.94%-1,080 bps
Deposit Growth (YoY)12.10%9.68%9.30%13.48%7.46%8.44%9.57%5.95%-753 bps
Asset Quality
Nonperforming Loans / Loans0.93%0.92%0.00%0.43%0.80%1.65%1.09%1.11%+67 bps
Net Charge-Offs / Loans0.00%0.00%0.71%0.34%0.23%0.17%0.00%0.01%-34 bps
Allowance / Loans1.43%1.42%1.27%1.33%1.33%1.32%1.30%1.32%-1 bps
Allowance Coverage of NPLs1.5x1.6xn/a3.1x1.7x0.8x1.2x1.2x-1.9x
Capital
Tier 1 Leverage Ratio15.08%14.51%14.62%14.36%14.20%14.14%13.93%14.05%-31 bps
Total Risk-Based Capital17.59%17.69%17.58%17.30%17.32%17.01%16.67%17.19%-10 bps
Equity / Assets13.92%13.89%13.62%13.49%13.61%13.60%13.19%13.51%+2 bps
Liquidity & Funding
Loans / Deposits101.35%101.95%102.01%102.06%101.43%102.42%101.49%100.13%-193 bps
Liquid Assets / Assets4.51%4.02%3.60%4.22%4.44%3.06%3.97%5.06%+84 bps
CRE / Total Capitaln/an/an/an/a345%347%356%n/an/a