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Somerset Regal Bank

Bound Brook, NJ · Cert 28778 · Sr Bcorp Inc.

State charter, non-member · FDIC · 14 branches

Q2 2026

$1.2BAssets
$907.3MLoans
$925.1MDeposits
$178.2MEquity
Loan mix
98%RE $848.2M2%C&I $16.4M0%Consumer $0.1MQ3 2024Q2 2026
Deposit mix
86%Interest-bearing $798.3M14%Noninterest $126.8MQ3 2024Q2 2026

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.0% share · #77 of 151 inst. · $0.9B of $2921.1B

2.3% Somerset
1.0% Essex
2.3% Hunterdon
0.1% Middlesex

Executive Summary

  • Earnings: ROA of 0.34%, down 14 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.81%, down 170 bps from a year ago.
  • Funding: loans stand at 98.08% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

0.34%-14 bps YoY

Net Interest Margin (YTD, annualized)

2.85%+5 bps YoY

Efficiency Ratio (YTD, annualized)

79.28%+115 bps YoY

Tier 1 Leverage Ratio

13.81%-170 bps YoY

NIM

4.43%Q2 ’244.32%Q2 ’254.46%Q2 ’26-13%+2%

Non-interest income vs. expense

2.72%Q2 ’242.63%Q2 ’252.46%Q2 ’26-14%+5%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.09%0.03%0.18%0.48%0.41%0.39%0.33%0.34%-14 bps
Return on Equity-0.50%0.14%1.02%2.72%2.33%2.24%2.06%2.14%-58 bps
Net Interest Margin3.14%3.03%2.77%2.80%2.81%2.79%2.85%2.85%+5 bps
Efficiency Ratio77.21%77.63%87.87%78.13%79.50%79.98%80.44%79.28%+115 bps
Non-Interest Burden2.47%2.39%2.48%2.16%2.22%2.23%2.30%2.27%+11 bps
Growth
Asset Growth (YoY)-5.05%-0.87%2.10%6.33%5.42%7.45%6.45%9.67%+334 bps
Loan Growth (YoY)10.68%11.39%11.64%8.88%7.65%7.70%10.03%13.06%+418 bps
Deposit Growth (YoY)-6.04%-1.70%-0.09%5.11%4.91%7.66%6.85%8.65%+354 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.66%0.65%0.65%0.67%0.67%0.66%0.66%0.65%-1 bps
Allowance Coverage of NPLs563.9xn/an/an/an/a31.7x32.2xn/an/a
Capital
Tier 1 Leverage Ratio16.06%15.88%15.86%15.51%15.50%14.85%14.26%13.81%-170 bps
Total Risk-Based Capital16.06%15.88%15.86%15.51%15.50%14.85%14.26%13.81%-170 bps
Equity / Assets17.95%17.77%17.72%17.34%17.07%16.19%15.86%14.98%-235 bps
Liquidity & Funding
Loans / Deposits92.95%93.89%93.56%94.26%95.37%93.92%96.34%98.08%+382 bps
Liquid Assets / Assets18.79%18.81%18.91%18.05%17.31%19.14%16.95%16.72%-133 bps
CRE / Total Capitaln/an/an/an/a219%231%241%n/an/a