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Letter portraitLegal landscapeQuarterYTD

B2 Bank National Association

Holladay, UT · Cert 5105 · B2 Bcorp Inc.

National charter · OCC · 3 branches

Q2 2026

$114.6MAssets
$38.6MLoans
$103.8MDeposits
$10.6MEquity
Loan mix
73%RE $25.1M9%C&I $3.2M18%Consumer $6.0MQ2 2025Q2 2026
Deposit mix
90%Interest-bearing $93.8M10%Noninterest $10.0MQ2 2025Q2 2026

NIM

5.74%Q2 ’246.26%Q2 ’255.01%Q2 ’26+18%-21%

Non-interest income vs. expense

9.65%Q2 ’2412.32%Q2 ’2512.54%Q2 ’26+104%+1%

Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.0% share · #45 of 57 inst. · $0.1B of $1175.7B

0.0% Salt Lake
0.6% St. Louis

Executive Summary

  • Earnings: ROA of -1.47%, down 62 bps year over year; NIM at 3.80%.
  • Asset quality: problem loans at 2.07% of loans (+191 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.66%, down 63 bps from a year ago.
  • Funding: loans stand at 37.21% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-1.47%-62 bps YoY

Net Interest Margin (YTD, annualized)

3.80%-101 bps YoY

Efficiency Ratio (YTD, annualized)

122.73%+1,162 bps YoY

Tier 1 Leverage Ratio

13.66%-63 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.85%-0.56%-0.63%-1.68%-1.47%-62 bps
Return on Equity-6.03%-3.83%-4.27%-10.15%-11.15%-512 bps
Net Interest Margin4.82%4.99%5.10%4.17%3.80%-101 bps
Efficiency Ratio111.12%107.20%107.10%121.44%122.73%+1,162 bps
Non-Interest Burden6.00%5.77%5.92%6.56%6.07%+7 bps
Growth
Asset Growth (YoY)-16.26%-19.51%-13.19%-25.55%59.13%+7,539 bps
Loan Growth (YoY)18.15%1.44%2.01%-5.56%8.80%-935 bps
Deposit Growth (YoY)-17.82%-20.52%-15.38%-28.77%71.63%+8,945 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.60%1.32%1.65%2.07%+191 bps
Net Charge-Offs / Loans0.01%0.01%0.01%0.00%0.00%-1 bps
Allowance / Loans0.91%0.93%0.91%0.94%0.92%+1 bps
Allowance Coverage of NPLs5.6x1.6x0.7x0.6x0.4x-5.1x
Capital
Tier 1 Leverage Ratio14.29%15.27%15.97%15.60%13.66%-63 bps
Total Risk-Based Capital14.29%15.27%15.97%15.60%13.66%-63 bps
Equity / Assets15.63%16.30%15.64%17.64%9.26%-637 bps
Liquidity & Funding
Loans / Deposits58.70%59.97%58.21%67.64%37.21%-2,149 bps
Liquid Assets / Assets10.42%10.84%10.19%10.45%49.14%+3,872 bps
CRE / Total Capitaln/a67.54%68.32%70.76%n/an/a