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New Horizon Bank, National Association

Powhatan, VA · Cert 58857 · CSBH LLC

National charter · OCC · 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

21

Q2 2024Q2 2026peer median (50)

Asset Quality

42

Q2 2024Q2 2026peer median (50)

Profitability

25

Q2 2024Q2 2026peer median (50)

Liquidity

50

Q2 2024Q2 2026peer median

Efficiency

6

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

New Horizon Bank, National Association

Powhatan, VA · Cert 58857 · CSBH LLC

National charter · OCC · 3 branches

Q2 2026

$359.3MAssets
$185.5MLoans
$286.4MDeposits
$33.2MEquity
Loan mix
90%RE $152.9M9%C&I $15.1M1%Consumer $1.9MQ2 2025Q2 2026
Deposit mix
50%Interest-bearing $144.4M50%Noninterest $142.0MQ2 2025Q2 2026

NIM

4.90%Q2 ’244.96%Q2 ’255.39%Q2 ’26+4%+14%

Non-interest income vs. expense

4.82%Q2 ’244.69%Q2 ’254.30%Q2 ’26-5%-5%

Market Position · Richmond, VA · 2026 SOD (annual) · 0.5% share · #15 of 30 inst. · $0.3B of $60.7B

31.5% Powhatan
0.3% Norfolk (City)
0.0% Henrico

Executive Summary

  • Earnings: ROA of -0.39%, up 61 bps year over year; NIM at 3.78%.
  • Asset quality: problem loans at 0.15% of loans (-17 bps YoY), with net charge-offs at 0.24%.
  • Capital: tier 1 leverage ratio of 10.81%, down 306 bps from a year ago.
  • Funding: loans stand at 64.77% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.39%+61 bps YoY

Net Interest Margin (YTD, annualized)

3.78%+45 bps YoY

Efficiency Ratio (YTD, annualized)

108.11%-1,821 bps YoY

Tier 1 Leverage Ratio

10.81%-306 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-1.00%-1.07%-1.35%-0.48%-0.39%+61 bps
Return on Equity-7.95%-8.30%-10.33%-3.77%-3.46%+449 bps
Net Interest Margin3.33%3.51%3.44%4.10%3.78%+45 bps
Efficiency Ratio126.32%119.88%119.79%108.17%108.11%-1,821 bps
Non-Interest Burden4.29%4.30%4.19%4.43%4.08%-20 bps
Growth
Asset Growth (YoY)72.74%44.99%26.40%30.35%63.09%-965 bps
Loan Growth (YoY)52.94%58.09%62.97%73.87%68.48%+1,554 bps
Deposit Growth (YoY)69.99%32.02%16.08%12.70%51.76%-1,823 bps
Asset Quality
Nonperforming Loans / Loans0.32%0.26%0.19%1.12%0.15%-17 bps
Net Charge-Offs / Loans0.19%0.20%0.17%0.07%0.24%+5 bps
Allowance / Loans1.21%1.11%1.03%0.98%0.83%-38 bps
Allowance Coverage of NPLs3.8x4.2x5.4x0.9x5.5x+1.7x
Capital
Tier 1 Leverage Ratio13.88%13.64%14.19%12.64%10.81%-306 bps
Total Risk-Based Capital13.88%13.64%14.19%12.64%10.81%-306 bps
Equity / Assets13.40%13.85%13.52%12.03%9.25%-415 bps
Liquidity & Funding
Loans / Deposits58.34%72.87%70.95%82.74%64.77%+643 bps
Liquid Assets / Assets27.21%21.67%30.84%13.54%28.66%+145 bps
CRE / Total Capitaln/a294%312%373%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

New Horizon Bank, National Association

Powhatan, VA · Cert 58857 · Peer group: banks under $1B in assets (n=581-629) · CSBH LLC

National charter · OCC · 3 branches

Q2 2026

$359.3MAssets
$185.5MLoans
$286.4MDeposits
$33.2MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 69% of banks under $1B in assets (rank 179 of 581).
  • Widest gap: efficiency ratio trails 94% of banks under $1B in assets (rank 592 of 629).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

-0.32%

Rank 587 of 629

Net Interest Margin

3.78%

Rank 240 of 629

Efficiency Ratio

108.35%

Rank 592 of 629

Equity / Assets

9.25%

Rank 452 of 629

Non-interest income vs. expense

$0.6M$12.6MINCOMEEXPENSE
Unfavorable gap of $11.9M · efficiency ratio beats 6% of banks under $1B in assets
Bank 108.35%Peer median 67.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets-0.32%0.60%1.01%1.45%Beats 7%587 / 629
Return on Equity-3.50%5.38%9.30%13.28%Beats 6%591 / 629
Net Interest Margin3.78%3.03%3.54%4.05%Beats 62%240 / 629
Efficiency Ratio108.35%58.35%67.79%79.08%Beats 6%592 / 629
Asset Quality
Nonperforming Loans / Loans0.15%0.09%0.46%1.20%Beats 69%179 / 581
Net Charge-Offs / Loans0.13%n/a0.01%0.06%Beats 14%502 / 581
Capital
Tier 1 Capital Ratio10.81%11.24%13.84%18.77%Beats 19%510 / 629
Total Risk-Based Capital Ratio10.81%11.58%14.43%19.66%Beats 16%527 / 629
Equity / Assets9.25%9.09%10.65%13.80%Beats 28%452 / 629
Liquidity & Funding
Loans / Deposits64.77%67.24%80.90%93.48%23rd pctl458 / 594
Loans / Assets51.63%53.31%67.71%78.15%23rd pctl487 / 629
Brokered Deposits / Depositsn/aNot reported for this institution