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Sunstate Bank

Miami, FL · Cert 34643 · Sunstate Bancshares Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B 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 under $1B in assets (n=581 to 629). 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

57

Q2 2024Q2 2026peer median (50)

Asset Quality

100

Q2 2024Q2 2026peer median (50)

Profitability

43

Q2 2024Q2 2026peer median (50)

Liquidity

60

Q2 2024Q2 2026peer median

Efficiency

39

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

Sunstate Bank

Miami, FL · Cert 34643 · Sunstate Bancshares Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$580.4MAssets
$341.9MLoans
$502.7MDeposits
$73.2MEquity
Loan mix
88%RE $299.0M11%C&I $38.5M1%Consumer $2.1MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $372.1M26%Noninterest $130.7MQ2 2025Q2 2026

NIM

5.51%Q2 ’245.62%Q2 ’255.45%Q2 ’26+3%+6%

Non-interest income vs. expense

2.74%Q2 ’242.73%Q2 ’252.77%Q2 ’26-1%+4%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2026 SOD (annual) · 0.1% share · #47 of 86 inst. · $0.5B of $348.8B

Executive Summary

  • Earnings: ROA of 1.01%, up 50 bps year over year; NIM at 3.37%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.45%, up 8 bps from a year ago.
  • Funding: loans stand at 68.00% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.01%+50 bps YoY

Net Interest Margin (YTD, annualized)

3.37%+20 bps YoY

Efficiency Ratio (YTD, annualized)

72.30%-173 bps YoY

Tier 1 Leverage Ratio

11.45%+8 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.51%0.57%0.57%0.76%1.01%+50 bps
Return on Equity4.09%4.58%4.54%6.05%8.05%+397 bps
Net Interest Margin3.17%3.09%3.08%3.23%3.37%+20 bps
Efficiency Ratio74.03%74.96%76.74%75.09%72.30%-173 bps
Non-Interest Burden2.17%2.15%2.20%2.27%2.26%+9 bps
Growth
Asset Growth (YoY)-2.25%6.43%4.19%4.18%8.03%+1,027 bps
Loan Growth (YoY)10.50%7.09%10.82%10.71%1.88%-862 bps
Deposit Growth (YoY)0.52%10.16%8.17%10.65%10.59%+1,007 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.02%-0.01%0.00%0.00%0 bps
Allowance / Loans1.12%1.15%1.13%1.12%0.90%-22 bps
Allowance Coverage of NPLsn/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.37%10.95%11.02%11.10%11.45%+8 bps
Total Risk-Based Capital13.71%14.26%14.02%14.24%14.67%+97 bps
Equity / Assets12.87%12.31%12.48%12.57%12.62%-25 bps
Liquidity & Funding
Loans / Deposits73.82%68.78%69.11%68.78%68.00%-581 bps
Liquid Assets / Assets5.79%12.25%11.10%8.73%9.17%+339 bps
CRE / Total Capitaln/a284%284%281%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

Sunstate Bank

Miami, FL · Cert 34643 · Peer group: banks under $1B in assets (n=581-629) · Sunstate Bancshares Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$580.4MAssets
$341.9MLoans
$502.7MDeposits
$73.2MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets (rank 81 of 581).
  • Widest gap: efficiency ratio trails 61% of banks under $1B in assets (rank 385 of 629).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.00%

Rank 323 of 629

Net Interest Margin

3.37%

Rank 367 of 629

Efficiency Ratio

72.30%

Rank 385 of 629

Equity / Assets

12.62%

Rank 199 of 629

Non-interest income vs. expense

$2.9M$15.9MINCOMEEXPENSE
Unfavorable gap of $13.0M · efficiency ratio beats 39% of banks under $1B in assets
Bank 72.30%Peer median 67.8%Q4 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.00%0.60%1.01%1.45%Beats 49%323 / 629
Return on Equity7.91%5.38%9.30%13.28%Beats 39%381 / 629
Net Interest Margin3.37%3.03%3.54%4.05%Beats 42%367 / 629
Efficiency Ratio72.30%58.35%67.79%79.08%Beats 39%385 / 629
Asset Quality
Nonperforming Loans / Loans0.00%0.09%0.46%1.20%Beats 100%81 / 581
Net Charge-Offs / Loans0.00%n/a0.01%0.06%Beats 100%158 / 581
Capital
Tier 1 Capital Ratio14.01%11.24%13.84%18.77%Beats 52%304 / 629
Total Risk-Based Capital Ratio14.67%11.58%14.43%19.66%Beats 52%304 / 629
Equity / Assets12.62%9.09%10.65%13.80%Beats 68%199 / 629
Liquidity & Funding
Loans / Deposits68.00%67.24%80.90%93.48%26th pctl438 / 594
Loans / Assets58.91%53.31%67.71%78.15%32nd pctl425 / 629
Brokered Deposits / Depositsn/aNot reported for this institution