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Letter portraitLegal landscapeQuarterYTD

Nave Bank

San Juan, PR · Cert 59324 · Nave Holdings Inc.

State charter, Fed member · FED · 1 branch

Q2 2026

$555.0MAssets
$276.2MLoans
$431.9MDeposits
$70.7MEquity
Loan mix
58%RE $116.4M42%C&I $82.6M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
92%Interest-bearing $398.4M8%Noninterest $33.5MQ2 2025Q2 2026

NIM

4.67%Q2 ’245.01%Q2 ’254.83%Q2 ’26-16%-9%

Non-interest income vs. expense

9.53%Q2 ’246.21%Q2 ’252.96%Q2 ’26-35%-55%

Market Position · San Juan-Bayamon-Caguas, PR · 2026 SOD (annual) · 0.6% share · #6 of 6 inst. · $0.4B of $74.7B

Executive Summary

  • Earnings: ROA of -0.49%, up 299 bps year over year; NIM at 2.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.84%, down 1,841 bps from a year ago.
  • Funding: loans stand at 63.96% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.49%+299 bps YoY

Net Interest Margin (YTD, annualized)

2.65%-26 bps YoY

Efficiency Ratio (YTD, annualized)

105.83%-10,667 bps YoY

Tier 1 Leverage Ratio

13.84%-1,841 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-3.47%-3.25%-2.50%-0.82%-0.49%+299 bps
Return on Equity-11.26%-11.41%-9.93%-5.09%-3.29%+797 bps
Net Interest Margin2.91%2.58%2.44%2.71%2.65%-26 bps
Efficiency Ratio213%201%170.33%117.78%105.83%-10,667 bps
Non-Interest Burden6.20%5.21%4.23%3.22%2.81%-338 bps
Growth
Asset Growth (YoY)38.96%65.67%68.91%101.08%114.15%+7,519 bps
Loan Growth (YoY)226%239%270%357%173.31%-5,259 bps
Deposit Growth (YoY)69.96%113.47%74.85%123.18%148.92%+7,896 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.98%0.92%0.89%0.91%0.84%-14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio32.25%25.63%21.18%16.18%13.84%-1,841 bps
Total Risk-Based Capital60.64%46.39%36.54%31.91%25.83%-3,482 bps
Equity / Assets28.77%23.04%16.91%15.19%12.73%-1,603 bps
Liquidity & Funding
Loans / Deposits58.25%64.64%61.53%61.75%63.96%+571 bps
Liquid Assets / Assets41.99%37.58%39.63%34.26%33.70%-829 bps
CRE / Total Capitaln/a75.66%95.44%94.88%n/an/a