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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