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Grasshopper Bank, N.A.

New York, NY · Cert 59113 · Grasshopper Bcorp Inc.

National charter · OCC · 1 branch

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 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 $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35 to 36). 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

5

Q2 2024Q2 2026peer median (50)

Asset Quality

52

Q2 2024Q2 2026peer median (50)

Profitability

60

Q2 2024Q2 2026peer median (50)

Liquidity

83

Q2 2024Q2 2026peer median

Efficiency

20

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

Grasshopper Bank, N.A.

New York, NY · Cert 59113 · Grasshopper Bcorp Inc.

National charter · OCC · 1 branch

Q2 2026

$1.6BAssets
$1.2BLoans
$1.4BDeposits
$145.7MEquity
Loan mix
56%RE $660.4M23%C&I $274.3M21%Consumer $244.2MQ2 2025Q2 2026
Deposit mix
87%Interest-bearing $1.3B13%Noninterest $0.2BQ2 2025Q2 2026

NIM

5.27%Q2 ’244.58%Q2 ’255.81%Q2 ’26+1%+49%

Non-interest income vs. expense

3.65%Q2 ’242.95%Q2 ’253.95%Q2 ’26-21%+30%

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.0% share · #65 of 151 inst. · $1.4B of $2921.1B

Executive Summary

  • Earnings: ROA of 1.04%, up 38 bps year over year; NIM at 3.55%.
  • Asset quality: problem loans at 0.46% of loans (-120 bps YoY), with net recoveries of 0.22%.
  • Capital: tier 1 leverage ratio of 8.22%, up 12 bps from a year ago.
  • Funding: loans stand at 83.69% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.04%+38 bps YoY

Net Interest Margin (YTD, annualized)

3.55%+117 bps YoY

Efficiency Ratio (YTD, annualized)

76.79%-613 bps YoY

Tier 1 Leverage Ratio

8.22%+12 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.66%0.88%2.71%1.40%1.04%+38 bps
Return on Equity8.22%10.95%32.99%15.46%11.48%+326 bps
Net Interest Margin2.38%2.58%2.66%3.43%3.55%+117 bps
Efficiency Ratio82.92%77.62%75.59%75.60%76.79%-613 bps
Non-Interest Burden1.77%1.69%1.64%2.16%2.30%+53 bps
Growth
Asset Growth (YoY)59.75%62.23%82.49%63.18%20.13%-3,962 bps
Loan Growth (YoY)55.72%64.33%72.87%67.07%25.02%-3,070 bps
Deposit Growth (YoY)55.03%58.63%77.59%62.90%20.41%-3,462 bps
Asset Quality
Nonperforming Loans / Loans1.66%1.59%0.55%0.48%0.46%-120 bps
Net Charge-Offs / Loans0.37%0.37%0.57%-0.68%-0.22%-59 bps
Allowance / Loans0.93%0.86%0.83%0.83%0.85%-8 bps
Allowance Coverage of NPLs0.6x0.5x1.5x1.7x1.8x+1.3x
Capital
Tier 1 Leverage Ratio8.09%8.45%8.02%8.06%8.22%+12 bps
Total Risk-Based Capital11.30%11.03%10.83%11.10%11.00%-30 bps
Equity / Assets7.77%8.12%8.79%9.29%9.09%+132 bps
Liquidity & Funding
Loans / Deposits80.61%82.04%78.16%86.11%83.69%+309 bps
Liquid Assets / Assets9.84%4.50%8.12%4.20%7.06%-278 bps
CRE / Total Capitaln/a267%301%322%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

Grasshopper Bank, N.A.

New York, NY · Cert 59113 · Peer group: banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=35-36) · Grasshopper Bcorp Inc.

National charter · OCC · 1 branch

Q2 2026

$1.6BAssets
$1.2BLoans
$1.4BDeposits
$145.7MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 75% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 10 of 36).
  • Widest gap: tier 1 capital ratio trails 100% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 36 of 36).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.02%

Rank 17 of 36

Net Interest Margin

3.55%

Rank 12 of 36

Efficiency Ratio

76.79%

Rank 29 of 35

Equity / Assets

9.09%

Rank 32 of 36

Non-interest income vs. expense

$25.9M$62.1MINCOMEEXPENSE
Unfavorable gap of $36.2M · efficiency ratio beats 20% of banks $1B-$10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 76.79%Peer median 63.1%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.02%0.65%1.00%1.72%Beats 53%17 / 36
Return on Equity11.21%5.35%9.30%13.56%Beats 60%14 / 35
Net Interest Margin3.55%2.66%3.13%3.63%Beats 67%12 / 36
Efficiency Ratio76.79%52.19%63.09%75.14%Beats 20%29 / 35
Asset Quality
Nonperforming Loans / Loans0.46%0.46%0.84%1.59%Beats 75%10 / 36
Net Charge-Offs / Loans0.13%n/a0.03%0.14%Beats 28%27 / 36
Capital
Tier 1 Capital Ratio10.17%13.13%14.78%18.34%Beats 0%36 / 36
Total Risk-Based Capital Ratio11.00%13.73%15.96%19.27%Beats 3%35 / 36
Equity / Assets9.09%9.80%11.58%14.82%Beats 11%32 / 36
Liquidity & Funding
Loans / Deposits83.69%81.12%95.13%103.24%28th pctl26 / 36
Loans / Assets74.98%67.44%76.31%84.79%39th pctl22 / 36
Brokered Deposits / Depositsn/aNot reported for this institution