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Third Federal Savings & Loan Association of Cleveland

Cleveland, OH · Cert 30012 · Third FS&LA of Cleveland MHC

State savings bank · OCC · 35 branches

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

65

Q2 2024Q2 2026peer median (50)

Asset Quality

91

Q2 2024Q2 2026peer median (50)

Profitability

6

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

29

Q2 2024Q2 2026peer median (50)

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.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Third Federal Savings & Loan Association of Cleveland

Cleveland, OH · Cert 30012 · Third FS&LA of Cleveland MHC

State savings bank · OCC · 35 branches

Q2 2026

$18.1BAssets
$16.3BLoans
$10.2BDeposits
$1.8BEquity
Loan mix
100%RE $15.8B0%C&I $0.0B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
98%Interest-bearing $10.0B2%Noninterest $0.2BQ2 2025Q2 2026

NIM

4.31%Q2 ’244.41%Q2 ’254.51%Q2 ’26+6%+6%

Non-interest income vs. expense

1.14%Q2 ’241.15%Q2 ’251.15%Q2 ’26-1%+0%

Market Position · Cleveland, OH · 2026 SOD (annual) · 5.0% share · #6 of 35 inst. · $6.9B of $136.4B

5.0% Cuyahoga
1.1% Palm Beach
3.8% Summit
9.7% Medina

Executive Summary

  • Earnings: ROA of 0.60%, up 12 bps year over year; NIM at 1.77%.
  • Asset quality: problem loans at 0.25% of loans (+1 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 9.99%, down 12 bps from a year ago.
  • Funding: loans stand at 159.75% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.60%+12 bps YoY

Net Interest Margin (YTD, annualized)

1.77%+10 bps YoY

Efficiency Ratio (YTD, annualized)

60.53%-307 bps YoY

Tier 1 Leverage Ratio

9.99%-12 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.48%0.52%0.51%0.53%0.60%+12 bps
Return on Equity4.80%5.17%5.16%5.38%6.13%+133 bps
Net Interest Margin1.67%1.68%1.69%1.74%1.77%+10 bps
Efficiency Ratio63.60%62.00%63.06%62.70%60.53%-307 bps
Non-Interest Burden1.02%0.99%1.02%1.05%1.02%0 bps
Growth
Asset Growth (YoY)2.00%2.14%2.59%2.16%4.03%+203 bps
Loan Growth (YoY)2.69%2.50%2.70%2.50%3.63%+94 bps
Deposit Growth (YoY)3.12%2.50%1.64%-2.03%-2.94%-606 bps
Asset Quality
Nonperforming Loans / Loans0.24%0.25%0.25%0.23%0.25%+1 bps
Net Charge-Offs / Loans-0.02%-0.02%-0.02%-0.02%-0.02%0 bps
Allowance / Loans0.46%0.47%0.47%0.47%0.45%-1 bps
Allowance Coverage of NPLs1.9x1.9x1.9x2.0x1.8x-0.1x
Capital
Tier 1 Leverage Ratio10.10%10.11%9.81%9.94%9.99%-12 bps
Total Risk-Based Capital17.37%17.40%16.79%16.85%16.65%-73 bps
Equity / Assets9.91%9.99%9.73%9.96%9.91%0 bps
Liquidity & Funding
Loans / Deposits149.62%149.29%150.20%153.63%159.75%+1,013 bps
Liquid Assets / Assets2.44%2.33%2.46%2.36%2.99%+55 bps
CRE / Total Capitaln/a0.55%0.42%0.36%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Third Federal Savings & Loan Association of Cleveland

Cleveland, OH · Cert 30012 · Peer group: banks over $10B in assets (n=142-144) · Third FS&LA of Cleveland MHC

State savings bank · OCC · 35 branches

Q2 2026

$18.1BAssets
$16.3BLoans
$10.2BDeposits
$1.8BEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 93% of banks over $10B in assets (rank 11 of 142).
  • Widest gap: net interest margin trails 95% of banks over $10B in assets (rank 137 of 144).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

0.59%

Rank 136 of 144

Net Interest Margin

1.77%

Rank 137 of 144

Efficiency Ratio

60.65%

Rank 103 of 144

Equity / Assets

9.91%

Rank 99 of 144

Non-interest income vs. expense

$22.6M$203.0MINCOMEEXPENSE
Unfavorable gap of $180.3M · efficiency ratio beats 29% of banks over $10B in assets
Bank 60.65%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.59%1.00%1.26%1.54%Beats 6%136 / 144
Return on Equity5.97%8.98%11.34%14.40%Beats 8%133 / 144
Net Interest Margin1.77%2.82%3.31%3.68%Beats 5%137 / 144
Efficiency Ratio60.65%49.42%56.02%62.41%Beats 29%103 / 144
Asset Quality
Nonperforming Loans / Loans0.25%0.48%0.73%1.07%Beats 89%17 / 142
Net Charge-Offs / Loans0.00%0.05%0.11%0.22%Beats 93%11 / 142
Capital
Tier 1 Capital Ratio15.73%12.07%12.98%14.92%Beats 83%25 / 144
Total Risk-Based Capital Ratio16.65%13.39%14.14%16.25%Beats 80%29 / 144
Equity / Assets9.91%9.69%11.39%12.96%Beats 31%99 / 144
Liquidity & Funding
Loans / Deposits159.75%75.72%84.92%91.56%99th pctl2 / 143
Loans / Assets90.07%59.83%69.07%74.80%99th pctl1 / 144
Brokered Deposits / Depositsn/aNot reported for this institution