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Pitney Bowes Bank Inc., The

Salt Lake City, UT · Cert 34599

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

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 under $1B in assets operating in a single state (n=743 to 746). 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

35

Q2 2024Q2 2026peer median (50)

Asset Quality

26

Q2 2024Q2 2026peer median (50)

Profitability

100

Q2 2024Q2 2026peer median (50)

Liquidity

73

Q2 2024Q2 2026peer median

Efficiency

99

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

Pitney Bowes Bank Inc., The

Salt Lake City, UT · Cert 34599

State charter, non-member · FDIC · 1 branch

Q2 2026

$796.3MAssets
$470.2MLoans
$676.4MDeposits
$77.4MEquity
Loan mix
1%RE $2.2M99%C&I $323.8M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
87%Interest-bearing $591.2M13%Noninterest $85.2MQ2 2025Q2 2026

NIM

7.70%Q2 ’247.72%Q2 ’258.16%Q2 ’260%+7%

Non-interest income vs. expense

1.19%Q2 ’242.32%Q2 ’253.64%Q2 ’26+30%+84%

Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.1% share · #24 of 57 inst. · $0.7B of $1175.7B

Executive Summary

  • Earnings: ROA of 5.34%, down 59 bps year over year; NIM at 7.51%.
  • Asset quality: problem loans at 0.44% of loans (+2 bps YoY), with net charge-offs at 1.25%.
  • Capital: tier 1 leverage ratio of 12.37%, up 30 bps from a year ago.
  • Funding: loans stand at 69.51% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

5.34%-59 bps YoY

Net Interest Margin (YTD, annualized)

7.51%+48 bps YoY

Efficiency Ratio (YTD, annualized)

32.04%+1,048 bps YoY

Tier 1 Leverage Ratio

12.37%+30 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets5.94%6.02%6.11%5.46%5.34%-59 bps
Return on Equity72.32%70.90%69.99%57.26%55.69%-1,663 bps
Net Interest Margin7.02%7.24%7.32%7.61%7.51%+48 bps
Efficiency Ratio21.56%21.06%20.72%31.53%32.04%+1,048 bps
Non-Interest Burden-1.43%-1.44%-1.43%-0.12%-0.22%+120 bps
Growth
Asset Growth (YoY)-9.25%-8.78%-5.42%-0.20%-2.43%+683 bps
Loan Growth (YoY)28.48%36.14%29.38%14.28%6.93%-2,155 bps
Deposit Growth (YoY)-7.76%-10.83%-7.73%0.61%-1.12%+664 bps
Asset Quality
Nonperforming Loans / Loans0.42%0.36%0.37%0.45%0.44%+2 bps
Net Charge-Offs / Loans0.97%0.83%0.84%0.90%1.25%+28 bps
Allowance / Loans1.64%1.69%1.66%1.80%1.67%+2 bps
Allowance Coverage of NPLs3.9x4.6x4.5x4.0x3.8x-0.1x
Capital
Tier 1 Leverage Ratio12.07%12.30%12.52%11.98%12.37%+30 bps
Total Risk-Based Capital12.07%12.30%12.52%11.98%12.37%+30 bps
Equity / Assets9.00%9.35%9.71%9.36%9.72%+72 bps
Liquidity & Funding
Loans / Deposits64.28%69.56%70.91%67.12%69.51%+523 bps
Liquid Assets / Assets22.74%15.62%13.01%16.98%14.05%-870 bps
CRE / Total Capitaln/a2.01%2.11%2.13%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

Pitney Bowes Bank Inc., The

Salt Lake City, UT · Cert 34599 · Peer group: banks under $1B in assets operating in a single state (n=743-746)

State charter, non-member · FDIC · 1 branch

Q2 2026

$796.3MAssets
$470.2MLoans
$676.4MDeposits
$77.4MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 100% of banks under $1B in assets operating in a single state (rank 3 of 746).
  • Widest gap: net charge-offs / loans trails 98% of banks under $1B in assets operating in a single state (rank 732 of 743).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

5.44%

Rank 5 of 746

Net Interest Margin

7.51%

Rank 3 of 746

Efficiency Ratio

32.04%

Rank 6 of 746

Equity / Assets

9.72%

Rank 465 of 746

Non-interest income vs. expense

$31.3M$29.5MINCOMEEXPENSE
Favorable gap of $1.8M · efficiency ratio beats 99% of banks under $1B in assets operating in a single state
Bank 32.04%Peer median 64.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets5.44%0.72%1.06%1.45%Beats 99%5 / 746
Return on Equity56.01%6.74%10.51%13.63%Beats 100%3 / 746
Net Interest Margin7.51%3.17%3.68%4.16%Beats 100%3 / 746
Efficiency Ratio32.04%55.74%64.58%75.47%Beats 99%6 / 746
Asset Quality
Nonperforming Loans / Loans0.44%0.09%0.42%1.07%Beats 49%379 / 743
Net Charge-Offs / Loans0.78%0.00%0.01%0.05%Beats 2%732 / 743
Capital
Tier 1 Capital Ratio12.37%11.55%13.75%17.60%Beats 35%483 / 746
Total Risk-Based Capital Ratio12.37%11.71%14.33%18.43%Beats 32%511 / 746
Equity / Assets9.72%8.90%10.51%13.06%Beats 38%465 / 746
Liquidity & Funding
Loans / Deposits69.51%61.31%78.27%90.78%35th pctl487 / 746
Loans / Assets59.04%53.60%66.97%76.08%34th pctl493 / 746
Brokered Deposits / Depositsn/aNot reported for this institution