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Cenlar FSB

Ewing, NJ · Cert 30996 · Employees STK Ownership Plan Cenlar Capital

State savings bank · OCC · 1 branch

Q2 2026

$782.0MAssets
$202.2MLoans
$442.8MDeposits
$139.6MEquity
Loan mix
100%RE $263.0M0%C&I $0.0M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
0%Interest-bearing $0.0M100%Noninterest $442.8MQ2 2025Q2 2026

NIM

2.63%Q2 ’242.41%Q2 ’252.25%Q2 ’26+28%-6%

Non-interest income vs. expense

46.64%Q2 ’2449.00%Q2 ’2547.55%Q2 ’26-114%+1780%

Market Position · Trenton-Princeton, NJ · 2026 SOD (annual) · 2.0% share · #11 of 22 inst. · $0.4B of $22.1B

Executive Summary

  • Earnings: ROA of -2.07%, down 435 bps year over year; NIM at 2.26%.
  • Asset quality: problem loans at 0.21% of loans (-358 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 16.56%, up 106 bps from a year ago.
  • Funding: loans stand at 45.66% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

-2.07%-435 bps YoY

Net Interest Margin (quarter, annualized)

2.26%-15 bps YoY

Efficiency Ratio (quarter, annualized)

108.18%+1,352 bps YoY

Tier 1 Leverage Ratio

16.56%+106 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.29%1.91%4.07%-0.44%-2.07%-435 bps
Return on Equity14.51%11.69%24.27%-2.53%-11.58%-2,610 bps
Net Interest Margin2.41%2.19%2.45%2.38%2.26%-15 bps
Efficiency Ratio94.66%95.41%89.87%100.98%108.18%+1,352 bps
Non-Interest Burden-0.35%-0.30%-2.82%2.93%5.87%+622 bps
Growth
Asset Growth (YoY)-11.58%-6.00%-4.59%-4.92%-10.74%+84 bps
Loan Growth (YoY)-10.69%5.70%11.95%8.46%-12.17%-148 bps
Deposit Growth (YoY)-22.57%-10.67%-5.74%-3.54%-6.34%+1,623 bps
Asset Quality
Nonperforming Loans / Loans3.80%3.14%3.98%5.27%0.21%-358 bps
Net Charge-Offs / Loans-0.04%0.00%0.00%0.00%0.00%+4 bps
Allowance / Loans0.29%0.29%0.29%0.29%0.00%-29 bps
Allowance Coverage of NPLs0.1x0.1x0.1x0.1x0.0x-0.1x
Capital
Tier 1 Leverage Ratio15.50%16.24%16.85%17.85%16.56%+106 bps
Total Risk-Based Capital46.35%39.81%40.95%43.44%44.07%-228 bps
Equity / Assets16.29%16.31%17.26%17.82%17.85%+156 bps
Liquidity & Funding
Loans / Deposits48.69%52.18%47.82%51.48%45.66%-303 bps
Liquid Assets / Assets55.75%53.37%50.63%50.58%53.83%-192 bps
CRE / Total Capitaln/a0.00%0.00%0.00%n/an/a