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Ocean Bank

Miami, FL · Cert 24156 · Ocean Bankshares Inc.

State charter, non-member · FDIC · 25 branches

Q2 2026

$7.6BAssets
$6.2BLoans
$6.2BDeposits
$733.8MEquity
Loan mix
93%RE $5.4B7%C&I $0.4B1%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
71%Interest-bearing $4.4B29%Noninterest $1.8BQ2 2025Q2 2026

NIM

5.72%Q2 ’245.34%Q2 ’255.33%Q2 ’26-7%+5%

Non-interest income vs. expense

2.56%Q2 ’242.33%Q2 ’252.24%Q2 ’26-10%-4%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2026 SOD (annual) · 1.8% share · #11 of 86 inst. · $6.2B of $348.8B

2.9% Miami-Dade
0.1% Broward
0.1% Palm Beach
0.0% Orange

Executive Summary

  • Earnings: ROA of 1.08%, up 21 bps year over year; NIM at 3.28%.
  • Asset quality: problem loans at 0.38% of loans (+17 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.96%, up 32 bps from a year ago.
  • Funding: loans stand at 100.14% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.08%+21 bps YoY

Net Interest Margin (YTD, annualized)

3.28%+16 bps YoY

Efficiency Ratio (YTD, annualized)

60.58%-506 bps YoY

Tier 1 Leverage Ratio

9.96%+32 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.87%0.90%0.92%1.06%1.08%+21 bps
Return on Equity9.34%9.63%9.79%11.23%11.41%+206 bps
Net Interest Margin3.12%3.11%3.18%3.28%3.28%+16 bps
Efficiency Ratio65.64%63.64%63.84%62.49%60.58%-506 bps
Non-Interest Burden1.90%1.83%1.87%1.90%1.82%-8 bps
Growth
Asset Growth (YoY)13.85%11.21%10.67%8.78%5.19%-865 bps
Loan Growth (YoY)7.79%8.82%8.01%9.81%9.14%+135 bps
Deposit Growth (YoY)10.18%13.14%11.70%9.47%1.26%-892 bps
Asset Quality
Nonperforming Loans / Loans0.21%0.25%0.22%0.39%0.38%+17 bps
Net Charge-Offs / Loans-0.01%0.05%0.03%-0.02%0.00%+1 bps
Allowance / Loans1.39%1.38%1.40%1.41%1.38%-1 bps
Allowance Coverage of NPLs6.5x5.6x6.5x3.6x3.6x-2.8x
Capital
Tier 1 Leverage Ratio9.64%9.62%9.68%9.87%9.96%+32 bps
Total Risk-Based Capital12.62%12.59%12.71%12.81%12.66%+4 bps
Equity / Assets9.22%9.38%9.38%9.48%9.62%+40 bps
Liquidity & Funding
Loans / Deposits92.91%93.03%95.29%93.66%100.14%+723 bps
Liquid Assets / Assets5.52%5.12%4.71%6.05%3.60%-192 bps
CRE / Total Capitaln/a685%695%683%n/an/a