U.S. Bank Trust Company, National Association

Portland, OR · Cert 34588

FDIC

Q2 2026

$3.2BAssets

$0KLoans

$0KDeposits

$2.9BEquity

Executive Summary

Return on Assets (YTD, annualized)

26.13%+1,153 bps YoY

Net Interest Margin (YTD, annualized)

3.18%-46 bps YoY

Efficiency Ratio (YTD, annualized)

27.93%-1,699 bps YoY

Tier 1 Leverage Ratio

98.64%+640 bps YoY

Year to date, annualized, through each quarter.

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ	Trend
Earnings
Return on Assets	21.97%	21.01%	13.52%	14.60%	15.15%	14.28%	17.74%	26.13%	+1,153 bps
Return on Equity	25.02%	23.77%	14.90%	16.03%	16.60%	15.64%	19.29%	28.46%	+1,243 bps
Net Interest Margin	4.11%	3.87%	3.69%	3.64%	3.56%	3.41%	3.26%	3.18%	-46 bps
Efficiency Ratio	38.75%	39.12%	47.83%	44.92%	43.20%	44.08%	38.27%	27.93%	-1,699 bps
Non-Interest Burden	-23.61%	-21.88%	-13.97%	-15.29%	-15.60%	-14.20%	-18.41%	-30.52%	-1,523 bps
Growth
Asset Growth (YoY)	32.85%	22.13%	14.36%	19.41%	17.67%	15.64%	16.58%	24.49%	+508 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	90.90%	90.39%	90.65%	92.24%	92.10%	90.66%	93.19%	98.64%	+640 bps
Total Risk-Based Capital	391%	391%	396%	398%	398%	393%	405%	410%	+1,158 bps
Equity / Assets	90.59%	90.44%	91.04%	91.73%	91.74%	91.48%	92.35%	91.63%	-10 bps
Liquidity & Funding
Loans / Deposits	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquid Assets / Assets	64.60%	65.44%	65.43%	67.06%	69.53%	71.50%	71.74%	67.71%	+65 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	0.00%	0.00%	0.00%	n/a	n/a