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Spring Bank

Bronx, NY · Cert 58668 · Checkspring Community Corp.

State charter, non-member · FDIC · 2 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ 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 under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (n=30 to 31). 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

43

Q2 2024Q2 2026peer median (50)

Asset Quality

30

Q2 2024Q2 2026peer median (50)

Profitability

87

Q2 2024Q2 2026peer median (50)

Liquidity

61

Q2 2024Q2 2026peer median

Efficiency

100

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

Spring Bank

Bronx, NY · Cert 58668 · Checkspring Community Corp.

State charter, non-member · FDIC · 2 branches

Q2 2026

$641.0MAssets
$456.6MLoans
$549.1MDeposits
$89.0MEquity
Loan mix
93%RE $434.8M7%C&I $33.5M0%Consumer $1.4MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $438.5M20%Noninterest $110.7MQ2 2025Q2 2026

NIM

6.58%Q2 ’246.64%Q2 ’256.23%Q2 ’260%-9%

Non-interest income vs. expense

2.17%Q2 ’242.04%Q2 ’251.82%Q2 ’26-6%-35%

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.0% share · #92 of 151 inst. · $0.5B of $2921.1B

2.7% Bronx
0.0% Kings

Executive Summary

  • Earnings: ROA of 1.71%, up 13 bps year over year; NIM at 3.85%.
  • Asset quality: problem loans at 0.60% of loans (-94 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 14.59%, down 204 bps from a year ago.
  • Funding: loans stand at 83.15% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.71%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.85%-38 bps YoY

Efficiency Ratio (YTD, annualized)

41.20%-591 bps YoY

Tier 1 Leverage Ratio

14.59%-204 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.58%1.60%1.55%1.44%1.71%+13 bps
Return on Equity9.91%10.21%9.96%10.15%12.16%+225 bps
Net Interest Margin4.24%4.10%3.97%3.88%3.85%-38 bps
Efficiency Ratio47.11%46.75%47.43%40.40%41.20%-591 bps
Non-Interest Burden1.95%1.87%1.83%1.12%1.26%-69 bps
Growth
Asset Growth (YoY)14.22%18.06%18.21%29.36%24.11%+989 bps
Loan Growth (YoY)24.36%20.44%22.84%37.54%33.84%+948 bps
Deposit Growth (YoY)23.98%30.62%25.83%36.11%27.64%+365 bps
Asset Quality
Nonperforming Loans / Loans1.53%1.48%0.99%0.79%0.60%-94 bps
Net Charge-Offs / Loans0.05%0.05%0.05%0.04%0.07%+2 bps
Allowance / Loans1.23%1.19%1.17%1.20%1.21%-2 bps
Allowance Coverage of NPLs0.8x0.8x1.2x1.5x2.0x+1.2x
Capital
Tier 1 Leverage Ratio16.62%16.28%15.99%15.06%14.59%-204 bps
Total Risk-Based Capital16.62%16.28%15.99%15.06%14.59%-204 bps
Equity / Assets15.34%15.14%15.12%13.31%13.88%-145 bps
Liquidity & Funding
Loans / Deposits79.30%76.83%80.28%83.63%83.15%+385 bps
Liquid Assets / Assets14.17%17.37%15.10%13.82%13.38%-79 bps
CRE / Total Capitaln/a326%350%426%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

Spring Bank

Bronx, NY · Cert 58668 · Peer group: banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (n=30-31) · Checkspring Community Corp.

State charter, non-member · FDIC · 2 branches

Q2 2026

$641.0MAssets
$456.6MLoans
$549.1MDeposits
$89.0MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 100% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 1 of 31).
  • Widest gap: net charge-offs / loans trails 80% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 25 of 30).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.64%

Rank 3 of 31

Net Interest Margin

3.85%

Rank 8 of 31

Efficiency Ratio

41.20%

Rank 1 of 31

Equity / Assets

13.88%

Rank 15 of 31

Non-interest income vs. expense

$3.6M$11.7MINCOMEEXPENSE
Unfavorable gap of $8.1M · efficiency ratio beats 100% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 41.20%Peer median 83.7%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.64%-0.02%0.39%0.84%Beats 90%3 / 31
Return on Equity11.81%-0.19%2.57%5.72%Beats 97%1 / 31
Net Interest Margin3.85%2.51%3.30%3.85%Beats 74%8 / 31
Efficiency Ratio41.20%68.41%83.66%91.76%Beats 100%1 / 31
Asset Quality
Nonperforming Loans / Loans0.60%0.18%0.47%2.65%Beats 40%19 / 30
Net Charge-Offs / Loans0.04%n/an/a0.02%Beats 20%25 / 30
Capital
Tier 1 Capital Ratio14.59%13.24%15.54%26.77%Beats 39%19 / 31
Total Risk-Based Capital Ratio14.59%14.07%16.32%26.77%Beats 39%19 / 31
Equity / Assets13.88%10.38%13.26%17.83%Beats 52%15 / 31
Liquidity & Funding
Loans / Deposits83.15%84.03%94.98%103.65%19th pctl25 / 31
Loans / Assets71.24%61.61%75.31%83.78%35th pctl20 / 31
Brokered Deposits / Depositsn/aNot reported for this institution