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Open Bank

Los Angeles, CA · Cert 57944 · Op Bcorp

State charter, non-member · FDIC · 12 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets in the Los Angeles-Long Beach-Anaheim, CA area3

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 $1B-$10B in assets in the Los Angeles-Long Beach-Anaheim, CA area (n=17 to 19). 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

19

Q2 2024Q2 2026peer median (50)

Asset Quality

30

Q2 2024Q2 2026peer median (50)

Profitability

39

Q2 2024Q2 2026peer median (50)

Liquidity

89

Q2 2024Q2 2026peer median

Efficiency

37

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

Open Bank

Los Angeles, CA · Cert 57944 · Op Bcorp

State charter, non-member · FDIC · 12 branches

Q2 2026

$2.7BAssets
$2.3BLoans
$2.4BDeposits
$264.1MEquity
Loan mix
94%RE $2.0B6%C&I $0.1B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $1.8B24%Noninterest $0.6BQ2 2025Q2 2026

NIM

5.85%Q2 ’245.72%Q2 ’255.67%Q2 ’26+5%+5%

Non-interest income vs. expense

2.08%Q2 ’242.15%Q2 ’252.12%Q2 ’26+5%-4%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2026 SOD (annual) · 0.3% share · #30 of 107 inst. · $2.2B of $667.8B

0.6% Los Angeles
0.2% Orange
0.0% Santa Clara
0.1% Clark

Executive Summary

  • Earnings: ROA of 1.20%, up 21 bps year over year; NIM at 3.07%.
  • Asset quality: problem loans at 2.09% of loans (+100 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 10.15%, up 128 bps from a year ago.
  • Funding: loans stand at 96.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.20%+21 bps YoY

Net Interest Margin (YTD, annualized)

3.07%+14 bps YoY

Efficiency Ratio (YTD, annualized)

55.81%-367 bps YoY

Tier 1 Leverage Ratio

10.15%+128 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.99%1.02%1.05%1.16%1.20%+21 bps
Return on Equity11.84%12.13%12.18%12.14%12.57%+73 bps
Net Interest Margin2.93%2.97%2.97%3.14%3.07%+14 bps
Efficiency Ratio59.48%57.85%57.72%55.92%55.81%-367 bps
Non-Interest Burden1.46%1.44%1.46%1.49%1.40%-7 bps
Growth
Asset Growth (YoY)11.92%9.50%12.05%7.42%7.12%-481 bps
Loan Growth (YoY)11.46%11.27%12.42%9.53%9.03%-243 bps
Deposit Growth (YoY)16.28%10.14%12.46%6.25%4.98%-1,130 bps
Asset Quality
Nonperforming Loans / Loans1.09%1.39%1.59%2.19%2.09%+100 bps
Net Charge-Offs / Loans0.04%0.04%0.02%-0.01%0.01%-3 bps
Allowance / Loans1.26%1.27%1.27%1.27%1.23%-2 bps
Allowance Coverage of NPLs1.1x0.9x0.8x0.6x0.6x-0.6x
Capital
Tier 1 Leverage Ratio8.87%8.93%9.91%10.00%10.15%+128 bps
Total Risk-Based Capital12.15%12.06%13.30%13.18%13.35%+120 bps
Equity / Assets8.25%8.39%9.52%9.55%9.62%+137 bps
Liquidity & Funding
Loans / Deposits92.67%94.82%96.65%96.38%96.24%+357 bps
Liquid Assets / Assets7.37%5.96%5.90%5.47%5.58%-178 bps
CRE / Total Capitaln/a541%496%511%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

Open Bank

Los Angeles, CA · Cert 57944 · Peer group: banks $1B-$10B in assets in the Los Angeles-Long Beach-Anaheim, CA area (n=17-19) · Op Bcorp

State charter, non-member · FDIC · 12 branches

Q2 2026

$2.7BAssets
$2.3BLoans
$2.4BDeposits
$264.1MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 63% of banks $1B-$10B in assets in the Los Angeles-Long Beach-Anaheim, CA area (rank 7 of 19).
  • Widest gap: nonperforming loans / loans trails 94% of banks $1B-$10B in assets in the Los Angeles-Long Beach-Anaheim, CA area (rank 17 of 17).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

1.18%

Rank 13 of 19

Net Interest Margin

3.07%

Rank 15 of 19

Efficiency Ratio

55.81%

Rank 13 of 19

Equity / Assets

9.62%

Rank 16 of 19

Non-interest income vs. expense

$19.4M$57.3MINCOMEEXPENSE
Unfavorable gap of $37.8M · efficiency ratio beats 37% of banks $1B-$10B in assets in the Los Angeles-Long Beach-Anaheim, CA area
Bank 55.81%Peer median 51.1%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.18%1.10%1.26%1.57%Beats 32%13 / 19
Return on Equity12.28%8.62%11.28%14.70%Beats 63%7 / 19
Net Interest Margin3.07%3.07%3.30%3.62%Beats 21%15 / 19
Efficiency Ratio55.81%33.01%51.12%56.65%Beats 37%13 / 19
Asset Quality
Nonperforming Loans / Loans2.09%0.37%0.80%1.55%Beats 6%17 / 17
Net Charge-Offs / Loans0.01%0.00%0.01%0.05%Beats 53%9 / 17
Capital
Tier 1 Capital Ratio12.10%12.10%14.67%23.92%Beats 21%15 / 19
Total Risk-Based Capital Ratio13.35%13.35%14.67%24.05%Beats 21%15 / 19
Equity / Assets9.62%9.84%11.18%14.01%Beats 16%16 / 19
Liquidity & Funding
Loans / Deposits96.24%79.34%95.16%100.04%58th pctl8 / 19
Loans / Assets83.04%69.86%77.55%83.04%74th pctl5 / 19
Brokered Deposits / Depositsn/aNot reported for this institution