Bank of America California, National Association

San Francisco, CA · Cert 25178 · Bank of America Corp.

National charter · OCC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, banks over $10B in assets3

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 (n=142 to 144). 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

Asset Quality

Profitability

Liquidity

Efficiency

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.

Bank of America California, National Association

San Francisco, CA · Cert 25178 · Bank of America Corp.

National charter · OCC · 1 affiliate bank · 1 branch (3,599 in holding)

Q2 2026

$14.8BAssets

$9.4BLoans

$12.3BDeposits

$1.9BEquity

Loan mix

Deposit mix

Market Position · San Francisco-Oakland-Fremont, CA · 2026 SOD (annual) · 2.4% share · #5 of 69 inst. · $12.3B of $513.2B

Executive Summary

Earnings: ROA of 0.77%, up 19 bps year over year; NIM at 1.71%.
Asset quality: problem loans at 0.66% of loans (-4 bps YoY), with net recoveries of 0.02%.
Capital: tier 1 leverage ratio of 12.41%, up 45 bps from a year ago.
Funding: loans stand at 76.69% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.77%+19 bps YoY

Net Interest Margin (YTD, annualized)

1.71%+18 bps YoY

Efficiency Ratio (YTD, annualized)

42.96%-578 bps YoY

Tier 1 Leverage Ratio

12.41%+45 bps YoY

NIM

Non-interest income vs. expense

Year to date, annualized, through each quarter.

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ	Trend
Earnings
Return on Assets	0.36%	0.45%	0.55%	0.58%	0.52%	0.54%	0.73%	0.77%	+19 bps
Return on Equity	2.72%	3.51%	4.85%	4.93%	4.36%	4.55%	5.89%	6.06%	+113 bps
Net Interest Margin	1.04%	1.03%	1.48%	1.53%	1.55%	1.55%	1.76%	1.71%	+18 bps
Efficiency Ratio	54.55%	44.91%	49.15%	48.74%	53.98%	52.30%	44.12%	42.96%	-578 bps
Non-Interest Burden	0.57%	0.47%	0.73%	0.74%	0.83%	0.81%	0.78%	0.73%	-1 bps
Growth
Asset Growth (YoY)	6.89%	1.63%	9.89%	-0.15%	-7.31%	-1.19%	-6.15%	-1.13%	-98 bps
Loan Growth (YoY)	-9.55%	-9.23%	-8.11%	-4.22%	-8.83%	-8.79%	-7.95%	-12.34%	-813 bps
Deposit Growth (YoY)	73.57%	9.30%	22.04%	7.45%	-4.49%	3.18%	-5.06%	-2.33%	-978 bps
Asset Quality
Nonperforming Loans / Loans	0.73%	0.75%	0.67%	0.70%	0.73%	0.69%	0.67%	0.66%	-4 bps
Net Charge-Offs / Loans	0.00%	-0.01%	0.00%	-0.02%	-0.01%	0.00%	0.00%	-0.02%	0 bps
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	11.34%	11.00%	11.44%	11.96%	12.41%	12.28%	12.41%	12.41%	+45 bps
Total Risk-Based Capital	30.83%	32.41%	33.00%	33.82%	35.67%	37.10%	37.55%	39.28%	+545 bps
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Deposits	82.86%	84.13%	79.52%	85.46%	79.10%	74.37%	77.10%	76.69%	-876 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a

Bank of America California, National Association

San Francisco, CA · Cert 25178 · Peer group: banks over $10B in assets (n=142-144) · Bank of America Corp.

National charter · OCC · 1 affiliate bank · 1 branch (3,599 in holding)

Q2 2026

$14.8BAssets

$9.4BLoans

$12.3BDeposits

$1.9BEquity

Executive Summary

Strongest standing: net charge-offs / loans outperforms 100% of banks over $10B in assets (rank 5 of 142).
Widest gap: net interest margin trails 96% of banks over $10B in assets (rank 138 of 144).
Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

0.78%

Rank 131 of 144

Net Interest Margin

1.71%

Rank 138 of 144

Efficiency Ratio

42.96%

Rank 23 of 144

Equity / Assets

13.12%

Rank 33 of 144

Non-interest income vs. expense

Unfavorable gap of $114.0M · efficiency ratio beats 85% of banks over $10B in assets

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank
Earnings
Return on Assets	0.78%	1.00%	1.26%	1.54%	Beats 9%	131 / 144
Return on Equity	5.97%	8.98%	11.34%	14.40%	Beats 7%	134 / 144
Net Interest Margin	1.71%	2.82%	3.31%	3.68%	Beats 4%	138 / 144
Efficiency Ratio	42.96%	49.42%	56.02%	62.41%	Beats 85%	23 / 144
Asset Quality
Nonperforming Loans / Loans	0.66%	0.48%	0.73%	1.07%	Beats 56%	63 / 142
Net Charge-Offs / Loans	0.00%	0.05%	0.11%	0.22%	Beats 100%	5 / 142
Capital
Tier 1 Capital Ratio	39.00%	12.07%	12.98%	14.92%	Beats 97%	5 / 144
Total Risk-Based Capital Ratio	39.28%	13.39%	14.14%	16.25%	Beats 97%	5 / 144
Equity / Assets	13.12%	9.69%	11.39%	12.96%	Beats 77%	33 / 144
Liquidity & Funding
Loans / Deposits	76.69%	75.72%	84.92%	91.56%	27th pctl	104 / 143
Loans / Assets	63.71%	59.83%	69.07%	74.80%	32nd pctl	98 / 144
Brokered Deposits / Deposits	n/a	Not reported for this institution