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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

23.70%Q2 ’2422.43%Q2 ’2523.70%Q2 ’26-5%+6%

Non-interest income vs. expense

66.05%Q2 ’2456.71%Q2 ’2552.42%Q2 ’26+13%+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 17.93%, down 523 bps year over year; NIM at 21.40%.
  • Asset quality: problem loans at 3.19% of loans (-29 bps YoY), with net charge-offs at 11.26%.
  • 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 (quarter, annualized)

17.93%-523 bps YoY

Net Interest Margin (quarter, annualized)

21.40%+128 bps YoY

Efficiency Ratio (quarter, annualized)

58.23%-48 bps YoY

Tier 1 Leverage Ratio

28.17%-596 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets23.16%21.19%16.67%22.25%17.93%-523 bps
Return on Equity70.01%64.01%54.71%78.29%64.41%-559 bps
Net Interest Margin20.12%21.57%21.68%22.66%21.40%+128 bps
Efficiency Ratio58.70%59.43%61.00%59.76%58.23%-48 bps
Non-Interest Burden-19.86%-18.61%-16.78%-17.40%-16.31%+355 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 / Loans12.61%10.89%10.90%11.85%11.26%-134 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