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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

6.09%Q2 ’245.18%Q2 ’255.34%Q2 ’26-21%-6%

Non-interest income vs. expense

9.84%Q2 ’246.56%Q2 ’253.04%Q2 ’26-34%-56%

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 -0.21%, up 396 bps year over year; NIM at 2.99%.
  • 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 (quarter, annualized)

-0.21%+396 bps YoY

Net Interest Margin (quarter, annualized)

2.99%-18 bps YoY

Efficiency Ratio (quarter, annualized)

96.51%-10,902 bps YoY

Tier 1 Leverage Ratio

13.84%-1,841 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-4.17%-3.00%-1.05%-0.82%-0.21%+396 bps
Return on Equity-13.53%-11.72%-5.36%-5.09%-1.49%+1,204 bps
Net Interest Margin3.17%3.00%3.30%2.71%2.99%-18 bps
Efficiency Ratio206%182.78%115.26%117.78%96.51%-10,902 bps
Non-Interest Burden6.54%5.52%3.85%3.22%2.88%-366 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