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Credit One Bank, National Association

Las Vegas, NV · Cert 25620

National charter · OCC · 1 branch

Q2 2026

$2.4BAssets
$2.0BLoans
$1.4BDeposits
$661.0MEquity
Loan mix
0%RE $0.0B0%C&I $0.0B100%Consumer $1.8BQ2 2025Q2 2026
Deposit mix
100%Interest-bearing $1.4B0%Noninterest $0.0BQ2 2025Q2 2026

NIM

23.54%Q2 ’2422.05%Q2 ’2522.95%Q2 ’26-6%+5%

Non-interest income vs. expense

65.69%Q2 ’2456.63%Q2 ’2552.73%Q2 ’26+15%+18%

Market Position · Las Vegas-Henderson-North Las Vegas, NV · 2026 SOD (annual) · 1.5% share · #11 of 41 inst. · $1.4B of $95.0B

Executive Summary

  • Earnings: ROA of 19.90%, down 475 bps year over year; NIM at 20.83%.
  • Asset quality: problem loans at 3.19% of loans (-29 bps YoY), with net charge-offs at 11.01%.
  • Capital: tier 1 leverage ratio of 28.17%, down 596 bps from a year ago.
  • Funding: loans stand at 137.16% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

19.90%-475 bps YoY

Net Interest Margin (YTD, annualized)

20.83%+101 bps YoY

Efficiency Ratio (YTD, annualized)

58.99%-14 bps YoY

Tier 1 Leverage Ratio

28.17%-596 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets24.65%23.57%21.85%22.25%19.90%-475 bps
Return on Equity76.05%72.47%69.14%78.29%71.24%-481 bps
Net Interest Margin19.81%20.15%19.56%22.66%20.83%+101 bps
Efficiency Ratio59.13%59.24%59.71%59.76%58.99%-14 bps
Non-Interest Burden-19.40%-18.89%-17.46%-17.40%-15.93%+347 bps
Growth
Asset Growth (YoY)20.24%21.62%18.16%19.27%26.93%+669 bps
Loan Growth (YoY)23.42%26.00%30.53%36.15%41.10%+1,769 bps
Deposit Growth (YoY)28.54%21.71%26.22%32.57%47.32%+1,877 bps
Asset Quality
Nonperforming Loans / Loans3.48%3.52%3.60%3.60%3.19%-29 bps
Net Charge-Offs / Loans12.45%11.23%10.25%11.85%11.01%-145 bps
Allowance / Loans13.13%13.30%14.54%14.32%14.56%+143 bps
Allowance Coverage of NPLs3.8x3.8x4.0x4.0x4.6x+0.8x
Capital
Tier 1 Leverage Ratio34.13%32.92%26.98%29.51%28.17%-596 bps
Total Risk-Based Capital34.13%32.92%26.98%29.51%28.17%-596 bps
Equity / Assets33.38%32.85%28.15%28.66%27.10%-628 bps
Liquidity & Funding
Loans / Deposits143.20%156.93%157.63%147.21%137.16%-604 bps
Liquid Assets / Assets22.00%16.61%10.59%17.04%20.20%-179 bps
CRE / Total Capitaln/a0.00%0.00%0.00%n/an/a