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Blue Foundry Bank

Rutherford, NJ · Cert 30052 · Blue Foundry Bcorp

SI · FDIC · 21 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area3

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 $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35 to 36). 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

80

Q2 2024Q2 2026peer median (50)

Asset Quality

45

Q2 2024Q2 2026peer median (50)

Profitability

8

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

3

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

Blue Foundry Bank

Rutherford, NJ · Cert 30052 · Blue Foundry Bcorp

SI · FDIC · 21 branches

Q2 2026

$1.9BAssets
$1.7BLoans
$1.2BDeposits
$280.2MEquity
Loan mix
92%RE $1.6B1%C&I $0.0B7%Consumer $0.1BQ3 2024Q2 2026
Deposit mix
98%Interest-bearing $1.2B2%Noninterest $0.0BQ3 2024Q2 2026

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.0% share · #72 of 151 inst. · $1.2B of $2921.1B

1.3% Bergen
0.7% Morris
0.2% Passaic
0.1% Essex

Executive Summary

  • Earnings: ROA of -1.31%, down 98 bps year over year; NIM at 2.42%.
  • Asset quality: problem loans at 0.82% of loans (+45 bps YoY), with net charge-offs at 0.14%.
  • Capital: tier 1 leverage ratio of 14.64%, up 113 bps from a year ago.
  • Funding: loans stand at 135.72% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

-1.31%-98 bps YoY

Net Interest Margin (YTD, annualized)

2.42%+34 bps YoY

Efficiency Ratio (YTD, annualized)

111.79%-17 bps YoY

Tier 1 Leverage Ratio

14.64%+113 bps YoY

NIM

4.18%Q2 ’244.35%Q2 ’254.80%Q2 ’26+12%+16%

Non-interest income vs. expense

2.46%Q2 ’242.42%Q2 ’252.79%Q2 ’26-1%+16%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.47%-0.45%-0.43%-0.34%-0.29%-0.29%-0.96%-1.31%-98 bps
Return on Equity-3.50%-3.36%-3.27%-2.60%-2.28%-2.28%-7.52%-9.78%-718 bps
Net Interest Margin1.80%1.79%2.03%2.08%2.13%2.15%2.19%2.42%+34 bps
Efficiency Ratio127.47%126.34%117.82%111.96%109.03%107.91%132.33%111.79%-17 bps
Non-Interest Burden2.33%2.30%2.41%2.35%2.33%2.33%2.92%2.72%+37 bps
Growth
Asset Growth (YoY)-0.30%0.74%3.24%4.00%4.85%5.11%2.19%-10.99%-1,499 bps
Loan Growth (YoY)-1.43%1.46%4.60%8.12%10.57%6.76%4.02%-0.33%-845 bps
Deposit Growth (YoY)3.34%5.92%5.75%6.18%11.04%10.51%8.08%-15.48%-2,166 bps
Asset Quality
Nonperforming Loans / Loans0.33%0.32%0.35%0.38%0.66%0.67%0.44%0.82%+45 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.27%0.14%+14 bps
Allowance / Loans0.84%0.82%0.81%0.80%0.81%0.85%0.85%0.86%+6 bps
Allowance Coverage of NPLs2.5x2.5x2.3x2.1x1.2x1.3x1.9x1.0x-1.1x
Capital
Tier 1 Leverage Ratio14.11%13.98%13.73%13.51%13.36%13.09%13.51%14.64%+113 bps
Total Risk-Based Capital20.76%20.14%19.45%18.98%18.52%18.89%19.43%19.93%+95 bps
Equity / Assets13.28%13.17%12.91%12.65%12.54%12.47%13.14%14.83%+218 bps
Liquidity & Funding
Loans / Deposits113.16%113.90%113.75%115.09%112.68%110.04%109.48%135.72%+2,063 bps
Liquid Assets / Assets4.91%3.34%3.33%2.99%2.95%3.37%6.73%2.83%-16 bps
CRE / Total Capitaln/an/an/an/a358%350%343%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

Blue Foundry Bank

Rutherford, NJ · Cert 30052 · Peer group: banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35-36) · Blue Foundry Bcorp

SI · FDIC · 21 branches

Q2 2026

$1.9BAssets
$1.7BLoans
$1.2BDeposits
$280.2MEquity

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 81% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 7 of 36).
  • Widest gap: return on equity trails 100% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 35 of 35).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

-1.43%

Rank 35 of 36

Net Interest Margin

2.42%

Rank 28 of 36

Efficiency Ratio

111.83%

Rank 35 of 35

Equity / Assets

14.83%

Rank 8 of 36

Non-interest income vs. expense

$1.4M$54.5MINCOMEEXPENSE
Unfavorable gap of $53.1M · efficiency ratio beats 3% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 111.83%Peer median 63.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets-1.43%0.65%1.00%1.72%Beats 3%35 / 36
Return on Equity-9.65%5.35%9.30%13.56%Beats 0%35 / 35
Net Interest Margin2.42%2.66%3.13%3.63%Beats 22%28 / 36
Efficiency Ratio111.83%52.19%63.09%75.14%Beats 3%35 / 35
Asset Quality
Nonperforming Loans / Loans0.82%0.46%0.84%1.59%Beats 53%18 / 36
Net Charge-Offs / Loans0.07%n/a0.03%0.14%Beats 36%24 / 36
Capital
Tier 1 Capital Ratio18.94%13.13%14.78%18.34%Beats 81%7 / 36
Total Risk-Based Capital Ratio19.93%13.73%15.96%19.27%Beats 81%7 / 36
Equity / Assets14.83%9.80%11.58%14.82%Beats 78%8 / 36
Liquidity & Funding
Loans / Deposits135.72%81.12%95.13%103.24%94th pctl2 / 36
Loans / Assets88.23%67.44%76.31%84.79%89th pctl4 / 36
Brokered Deposits / Depositsn/aNot reported for this institution