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INVESTOR CALL FY27 Q1 October 27, 2026
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2 FORWARD-LOOKING STATEMENT Statements in this presentation that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We may also make forward-looking statements in other documents we file with the Federal Deposit Insurance Corporation ("FDIC"), in our annual reports to our shareholders, in press releases and other written materials, and in oral statements made by our officers, directors, or employees. You can identify forward-looking statements by the use of the words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “assume,” “outlook,” “will,” “should,” and other expressions that predict or indicate future events and trends and which do not relate to historical matters. Although the Bank believes that these forward-looking statements are based on reasonable estimates and assumptions, they are not guarantees of future performance and are subject to known and unknown risks, uncertainties, contingencies, and other factors. You should not place undue reliance on our forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to significant risks, uncertainties, and other factors which are, in some cases, beyond the Bank’s control. The Bank’s actual results could differ materially from those expressed or implied by such forward-looking statements as a result of, among other factors: changes in interest rates and real estate values; changes in employment levels, and general business and economic conditions on a national basis and in the local markets in which the Bank operates; changes in customer behavior due to changing business and economic conditions (including the impact of ongoing armed conflicts, tariffs, inflation, and concerns about liquidity) or legislative or regulatory initiatives; the possibility that future credit losses are higher than currently expected due to changes in economic assumptions, customer behavior, or adverse economic developments; turbulence in the capital and debt markets; competitive pressures from other financial institutions; changes in loan defaults and charge-off rates; changes in the value of securities and other assets, adequacy of credit loss reserves, or deposit levels necessitating increased borrowing to fund loans and investments; changes in, and evolving interpretations of, existing and future laws, rules, and regulations; operational risks including, but not limited to, cybersecurity, fraud, natural disasters, climate change, and future pandemics; the risk that the Bank may not be successful in the implementation of its business strategy; the risk that intangibles recorded in the Bank’s financial statements will become impaired; changes in assumptions used in making such forward-looking statements; and the other risks and uncertainties detailed in the Bank’s Annual Report on Form 10-K, as updated in the Bank’s Quarterly Reports on Form 10-Q and other filings submitted to the FDIC. These statements speak only as of the date of this presentation and the Bank does not undertake any obligation to update or revise any of these forward-looking statements to reflect events or circumstances occurring after the date of this presentation or to reflect the occurrence of unanticipated events. Non-GAAP Financial Measures In addition to results presented in accordance with generally accepted accounting principles (“GAAP”), this presentation contains certain non- GAAP financial measures, including tangible book value per share, total return on purchased loans, and efficiency ratio. The Bank’s management believes that the supplemental non-GAAP information is utilized by regulators and market analysts to evaluate a company’s financial condition and therefore, such information is useful to investors. These disclosures should not be viewed as a substitute for financial results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names.
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3 FINANCIAL HIGHLIGHTS Q1 FY27 Total Loan Volume $534.3 million Total Loans, including loans held for sale at September 30, 2026 $4.75 billion Net Increase in Loans, including loans held for sale $162.8 million (3.5%) National Lending: Purchased Loans $237.6 million invested on $254.2 million of UPB(1) (93.5% purchase price) Originated Loans(2) $258.6 million Weighted Average Rate at origination 7.1% Small Business Loans Originated $38.0 million Small Business Loans Sold $33.3 million Gain on Sale of Loans $2.7 million Net Interest Margin 4.57% Total Return on Purchased Loans(3) 9.11% Net Income $29.0 million Net Proceeds from Share Issuances No activity Availability under At-the-Market Offering $65.4 million Loan Capacity as of 9/30/2026 $1.58 billion EPS Basic (Diluted) $3.47 ($3.42) Return on Equity 18.65% Return on Assets 2.21% Tangible Book Value per Share(4) $73.22 (1) Unpaid principal balance. (2) National Lending originations for Q1 FY27 were 84% variable rate, of which 100% were SOFR-based. (3) The total return on purchased loans represents scheduled accretion, accelerated accretion, gains (losses) on real estate owned, release of allowance for credit losses on purchased loans, and other noninterest income recorded during the period divided by the average invested balance on an annualized basis. The total return on purchased loans does not include the effect of purchased loan charge-offs or recoveries during the period. Total return on purchased loans is considered a non-GAAP financial measure. (4) Tangible book value per share represents total shareholders' equity less the sum of preferred stock and intangible assets divided by common shares outstanding.Tangible book value per share is considered a non-GAAP financial measure.
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4 OUR STRATEGY
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5 Northeast Bank is a national commercial real estate and small business lender and Maine community bank with over 150 years of experience. Purchased Commercial Real Estate Lending Originated Commercial Real Estate Lending Small Business Lending Retail Banking Strong returns 3-Year Avg ROE of 19.1% and ROA of 2.2% 3-Year Tangible Book Value Growth of 58.0% 3-Year Loan Growth of 72.2% 3-Year Avg NIM of 4.7% 7 Branches 3-Year Core Deposit Growth of 25.7% (1) Three year averages are calculated using the current fiscal year-to-date and preceding two fiscal years.
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6 EARNINGS THAT SCALE EPS (Diluted) $7.58 $10.08 $12.74 $3.42 FY 24 FY 25 FY 26 Q1 FY 27$— $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 ROE 17.5% 19.0% 19.7% 18.6% FY 24 FY 25 FY 26 Q1 FY 2710.0% 15.0% 20.0% Tangible Book Value per Share $46.34 $57.98 $70.58 $73.22 6/30/20246/30/20256/30/20269/30/2026$30.00 $40.00 $50.00 $60.00 $70.00 $80.00 Efficiency Ratio (1) 41.8% 36.8% 38.0% 37.6% FY 24 FY 25 FY 26 Q1 FY 2720.0% 30.0% 40.0% 50.0% (1) Efficiency ratio represents noninterest expense divided by the sum of net interest income (before the credit loss provision) plus noninterest income. Efficiency ratio is considered a non-GAAP financial measure.
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7 Millions $832 $1,754 $1,754 $513 $432 $946 $857 $254 $399 $808 $897 $259 Purchases (UPB) Originations (UPB) FY 24 FY 25 FY 26 Q1 FY 27$0 $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 NATIONAL LENDING DIVISION THE GROWTH ENGINE
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8 SMALL BUSINESS LENDING FEE INCOME Millions Millions $92.5 $408.5 $152.8 $35.2 $62.2 $308.8 $140.9 $23.7 $101.7 $2.8$9.7 $3.3 $23.2 $12.0 $2.7 SBA 7(a) Loans Funded SBA 7(a) Loans Sold Insured Small Balance Business Loans FundedInsured Small Balance Business Loans Sold Gain on Sale of Loans FY 24 FY 25 FY 26 Q1 FY 27$0 $100 $200 $300 $400 $500 $— $5.0 $10.0 $15.0 $20.0 $25.0 (1) SBA loan volumes decreased during FY 26 and FY 27 as a result of the SBA SOP changes implemented on June 1, 2025, which lengthened the origination time as well as the government shutdown that lasted from October 1, 2025 through November 12, 2025. (1) (1)
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9 Millions $2,761 $3,790 $4,592 $4,755 $230.6 $981.5 $1,251.8 $1,586.5 $1,721.5 $1,708.6 $2,375.2 $2,756.6 $2,789.2 Community Bank Small Business National Lending Originated (1)National Lending Purchased 6/30/2024 6/30/2025 6/30/2026 9/30/2026$0 $1,000 $2,000 $3,000 $4,000 $5,000 LOAN MIX (1) 93.7% of the National Lending Originated portfolio had an interest rate floor, with a weighted average floor of 7.14% as of September 30, 2026. Note: Includes loans held for sale. $18.3 $145.0$48.4 $22.7 $14.1 $234.8 $13.5
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10 Millions $2,685 $3,696 $4,530 $4,633 $147 $159 $180 $182 $732 $880 $917 $869$155 $93 $74 $72 $1,306 $2,244 $2,519 $2,662 $345 $320 $840 $848 Demand Savings and interest checkingMoney market Time Borrowings 6/30/2024 6/30/2025 6/30/2026 9/30/2026$— $1,000 $2,000 $3,000 $4,000 $5,000 FUNDING MIX
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11 EFFECTIVE COST MANAGEMENT (1) Total Revenue includes net interest income before credit loss provision (credit) and noninterest income. Millions $154.5 $212.8 $236.5 $64.3$64.6 $78.4 $89.8 $24.2 41.8% 36.8% 38.0% 37.6% Total Revenue (1) Non interest Expense Efficiency Ratio FY 24 FY 25 FY 26 Q1 FY 27$0.0 $50.0 $100.0 $150.0 $200.0 $250.0 $300.0 25.0% 27.5% 30.0% 32.5% 35.0% 37.5% 40.0% 42.5% 45.0%
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12 QUARTERLY RESULTS
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13 NET INCOME BY TRAILING 5 QUARTERS Thousands $22,541 $20,740 $29,853 $34,341 $28,990 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27$0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000
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14 NET INTEREST INCOME BY TRAILING 5 QUARTERS Thousands $83,207 $84,087 $101,871 $99,785 $99,491 $35,015 $35,286 $38,798 $39,469 $40,575 $48,192 $48,801 $63,073 $60,316 $58,916 $2,669 $2,776 $7,566 $4,841 $4,163 Interest and Dividend Income Interest Expense Net Interest Income, before provision for credit lossesTransactional Interest Income Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27$— $20,000 $40,000 $60,000 $80,000 $100,000 $120,000
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15 LOAN PERFORMANCE & AVERAGE LOAN BALANCE BY TRAILING 5 QUARTERS (1) Balances include loans held for sale. Loan Performance Average Loan Balance Millions $2,311 $2,415 $2,828 $2,763 $2,706 $1,364 $1,474 $1,648 $1,801 $1,912 Purchased Originated (1) Q1 FY26 Q2 FY26Q3 FY26Q4 FY26Q1 FY27$— $1,000 $2,000 $3,000 $4,000 $5,000 4.59% 4.49% 5.15% 4.80% 4.57% 8.63% 8.03% 7.72% 7.68% 7.72%8.21% 8.19% 9.51% 9.33% 9.11% NIM Originated Loan Yield (National Lending) Purchased Loan Return (National Lending) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00%
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16 LOAN PORTFOLIO SUMMARY (1) Total balance of $2.79 billion is equal to unpaid principal balance of $2.92 billion, net of $136.5 million purchased loan rate mark discount. (2) LTV is calculated as the book balance of the loan, prior to any ACL, divided by the value of the underlying real estate collateral. (3) Balance does not reflect loans held for sale. Includes SBA and insured small balance business loans which are primarily collateralized by UCC filings on all business assets of borrowers. All data as of September 30, 2026, unless otherwise noted. Loan Portfolio # of Loans Total Balance Average Balance WA LTV (2) Dollars in thousands National Lending Division: Purchased Loans (1) 3,334 $ 2,789,235 $ 836 54% Direct Originated Loans 100 755,754 7,558 55% Lender Finance Loans 110 965,750 8,780 47% Small Business Division (3) 6,310 130,450 21 Community Banking Division 281 13,459 48 42% Total 10,135 $ 4,654,648 $ 459 53%
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17 NATIONAL LENDING PORTFOLIO ROLL FORWARD — LINKED QUARTER (1) Run-off includes scheduled amortization, principal pay downs and payoffs. Millions $4,343.1 $258.6 $(123.6) $242.0 $(209.4) $4,510.7 Balance at 6/30/26Originations Originated Run-off (1) Purchases (Initial Amortized Cost) Purchased Run-Off (1) Balance at 9/30/2026 $3,500 $3,750 $4,000 $4,250 $4,500 $4,750
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18 SMALL BUSINESS LENDING BY TRAILING 5 QUARTERS Thousands Loan Originations and Sales $41,979 $39,802 $38,484 $33,457 $35,188 $52,745 $25,090 $33,032 $30,015 $23,658 $70,610 $27,020 $4,477 $2,768 $9,687 SBA 7a Loans Funded SBA 7a Loans Sold Insured Small Balance Business Loans FundedInsured Small Balance Business Loans Sold Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27$0 $25,000 $50,000 $75,000 Gain on sale (Thousands) Yield Gain on Sale of Loans and Yield $4,138 $2,126 $2,905 $2,871 $2,277 $416 10.32% 9.30% 8.66% 8.85% 8.54% 11.18% 11.58% 10.89% 10.54% Gain on sale of loans - SBA 7a Gain on sale of loans - Insured Small Balance Business Loans SBA 7a Loans Yield Insured Small Balance Business Loans Yield (1) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27$0 $2,000 $4,000 $6,000 4.80% 7.20% 9.60% 12.00% (1) Yield does not include impact of approximately 4% in insurance premiums and deductibles, which is included in loan expense.
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19 ASSET QUALITY METRICS (1) Classified loans includes commercial real estate and commercial and industrial loans risk rated substandard or worse under the Bank’s internal loan rating system. These amounts are net of rate mark discount. (2) Calculated as year-to-date net charge-offs divided by average loans for the same period. (3) Upon the adoption of CECL, the previously designated non-accretable discount is added to the carrying basis of the loan, with an offsetting allowance. For the years ended June 30, 2024, June 30, 2025, June 30, 2026, and three months ended September 30, 2026 such charged-off discount was 15 basis points, 1 basis point, 1 basis point, and 0 basis points, respectively. This component does not represent a loss of invested dollars. NPAs & NPLs Classified Commercial Loans(1) Allowance for Credit Losses / Gross Loans NCOs / Average Loans(2)(3) Millions $24.0 $32.1 $22.6 $19.6 6/30/20246/30/20256/30/20269/30/2026 $— $10.0 $20.0 $30.0 $40.0 0.97% 1.28% 1.30% 1.25% 6/30/2024 6/30/2025 6/30/2026 9/30/2026 —% 0.50% 1.00% 1.50% 0.90% 0.83% 0.67% 0.60% 1.03% 0.93% 0.56% 0.48% NPAs/ Assets NPLs/ Loans 6/30/2024 6/30/2025 6/30/2026 9/30/2026 —% 0.50% 1.00% 1.50% 0.23% 0.14% 0.10% 0.02% 0.01% 0.04% 0.14% 0.14% National Lending & Community BankSmall Business 6/30/2024 6/30/2025 6/30/2026 9/30/2026 —% 0.10% 0.20% 0.30%
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20 DEPOSIT PORTFOLIO CHANGES By Channels September 30, 2026 June 30, 2026 Net Change Dollars in thousands Balance WAR Mix Balance WAR Mix Balance % WAR Retail Banking Centers $ 1,217,081 3.02 % 32 % $ 1,188,500 3.05 % 32 % $ 28,581 2 % (0.03) % Government Banking 531,000 3.69 % 14 % 606,550 3.49 % 16 % (75,550) (12) % 0.20 % National Lending 48,363 0.60 % 2 % 57,284 0.48 % 2 % (8,921) (16) % 0.12 % ableBanking 10,786 1.59 % — % 19,843 2.69 % 1 % (9,057) (46) % (1.10) % Corporate/Institutional 2,929 2.75 % — % 3,463 2.81 % — % (534) (15) % (0.06) % Holdback Accounts 72,859 0.03 % 2 % 63,306 0.03 % 2 % 9,553 15 % — % Brokered Deposits 1,902,062 3.94 % 50 % 1,750,815 3.97 % 47 % 151,247 9 % (0.03) % Grand Total $3,785,080 3.48 % $3,689,761 3.46 % $95,319 3 % 0.02 % By Products September 30, 2026 June 30, 2026 Net Change Dollars in thousands Balance WAR Mix Balance WAR Mix Balance % WAR Checking $ 752,556 2.84 % 20 % $ 822,784 2.75 % 22 % $ (70,228) (9) % 0.09 % Savings 225,745 2.34 % 6 % 210,965 2.18 % 6 % 14,780 7 % 0.16 % Money Market 71,500 1.82 % 2 % 73,640 1.72 % 2 % (2,140) (3) % 0.10 % Certificate of Deposit 2,662,420 3.90 % 70 % 2,519,066 3.94 % 68 % 143,354 6 % (0.04) % Holdback Accounts 72,859 0.03 % 2 % 63,306 0.03 % 2 % 9,553 15 % — % Grand Total $3,785,080 3.48 % $3,689,761 3.46 % $95,319 3 % 0.02 %
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21 QUARTERLY COST OF DEPOSITS BY TRAILING 5 QUARTERS 3.83% 3.69% 3.62% 3.59% 3.58% 3.58% Average Cost of Funds by QuarterCost of Funds at Quarter-end Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 3.50% 3.75% 4.00% 3.90% 3.62% 3.55% 3.51% 3.49% 3.48% Average Cost of Deposits by QuarterCost of Deposits at Quarter-end Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 3.50% 3.75% 4.00% QUARTERLY COST OF FUNDS BY TRAILING 5 QUARTERS(1) (1) Includes borrowings
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22 NON-INTEREST EXPENSE BY TRAILING 5 QUARTERS Millions Efficiency Ratio $21.9 $20.8 $23.6 $23.5 $24.2 $12.7 $12.5 $14.8 $14.1 $14.3 $9.2 $8.3 $8.8 $9.4 $9.9 41.4% 40.1% 35.5% 36.0% 37.6% Compensation ExpenseNon-compensation ExpenseEfficiency Ratio Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27$0 $5 $10 $15 $20 $25 20.0% 30.0% 40.0% 50.0% 60.0% 70.0%
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23 CAPITAL STRENGTH 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 Tier 1 Leverage (1) 12.2% 12.2% 11.4% 11.9% 12.1% Tier 1 Capital (1) 13.9% 12.5% 12.9% 13.5% 13.5% Total Capital (1) 15.1% 13.7% 14.2% 14.7% 14.7% Purchased loans to Total Loans 64.1% 65.7% 63.2% 61.5% 59.9% Total Loans to Deposits 114.0% 112.2% 120.2% 120.0% 121.4% NOO CRE to Total Capital 470.0% 533.2% 509.1% 485.5% 490.4% TBV per share ($) $59.99 $62.65 $66.35 $70.58 $73.22 (1) Denominator for Tier 1 Leverage ratio is average quarterly assets. Denominator for Tier 1 Capital and Total Capital ratio is risk-weighted assets (ending balance).
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24 APPENDIX
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25 NATIONAL LENDING LOAN PORTFOLIO STATISTICS (1) Average investment size of $1.3 million/loan; originated average: $8.1 million/loan and purchased average: $836 thousand/loan. (2) Includes traditional and non-traditional retail, such as restaurants and gas stations. All data as of September 30, 2026, unless otherwise noted. Investment Size(1) Collateral State (47 States) Collateral Type $ 0-2 million 20% $2-6 million 25% $6-10 million 16% $10-15 million 13% $15+ million 26% NY 45% CA 20% NJ 8% FL 4% WA 2% TX 2%IL 2% All Other 17% Retail(2) 21% Lender Finance 21% Multifamily 16% Mixed Use 10% Industrial 10% Office 8% Hospitality 5%Other CRE 4% All Other 5%
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26 NATIONAL LENDING PORTFOLIO BY COLLATERAL TYPE (1) LTV is calculated as the book balance of the loan, prior to any ACL, divided by the value of the underlying commercial real estate collateral. All data as of September 30, 2026, unless otherwise noted. Collateral Type Direct Originated Lender Finance Purchased Total National Lending Dollars in thousands Balance WA LTV (1) Balance WA LTV (1) Balance WA LTV (1) Balance WA LTV (1) 1-4 Family $ 33,740 49% $ 111,573 44% $ 66,516 56% $ 211,829 49% Hospitality 140,719 55% 100,115 42% 121,126 54% 361,960 51% Industrial 25,086 44% 48,141 46% 364,264 48% 437,491 47% Land and Construction 25,505 42% 75,920 42% 9,929 36% 111,354 41% Mixed Use 58,214 60% 119,268 49% 407,394 62% 584,876 59% Multi Family 119,161 54% 173,160 46% 707,804 52% 1,000,125 51% Office 175,281 57% 120,897 48% 264,165 52% 560,343 53% Retail 148,204 57% 43,795 51% 817,758 54% 1,009,757 54% Small Balance Commercial 29,844 67% 172,881 49% 30,280 73% 233,005 55% Total $ 755,754 55% $ 965,750 47% $ 2,789,235 54% $ 4,510,739 53%
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27 NATIONAL LENDING PORTFOLIO — WEIGHTED AVERAGE LTV BY BUCKET (1) LTV is calculated as the book balance of the loan, prior to any ACL, divided by the value of the underlying commercial real estate collateral. All data as of September 30, 2026, unless otherwise noted.
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28 NATIONAL LENDING ORIGINATED PORTFOLIO — INTEREST RESERVE ANALYSIS (1) Weighted Average Advance Rate utilizes original balance and real estate value at the time of origination (2) LTV is calculated as the book balance of the loan, prior to any ACL, divided by the value of the underlying commercial real estate collateral. All data as of September 30, 2026, unless otherwise noted. Lender Finance Dollars in thousands Balance % with Interest Reserves Interest Reserve WA Duration WA Advance Rate(1) WA LTV(2) Total Loans $ 965,750 63% 47% Loans with Interest Reserves 657,349 68% 5.01 Months Direct Originated Loans Dollars in thousands Balance % with Interest Reserves Interest Reserve WA Duration WA LTV(2) Total Loans $ 755,754 55% Loans with Interest Reserves 420,006 56% 4.13 Months
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29 NATIONAL LENDING PURCHASED PORTFOLIO — FURTHER ANALYSIS All data as of September 30, 2026, unless otherwise noted. Portfolio Origination Year Dollars in thousands Pre-2013 2013-2018 2019-2021 2022 and later Total Current Basis 217,422 790,236 985,289 796,288 2,789,235 # of Loans 762 1,575 722 276 3,335 % of Portfolio 8 % 28 % 35 % 29 % 100 % Seasoning (Years) 18.7 9.8 5.9 2.1 5.1 Original Principal Balance 572,678 1,263,894 1,245,039 893,179 3,974,790 Current Principal Balance 228,221 823,856 1,041,439 832,171 2,925,687 % Principal Paid Down Since Purchase 60 % 35 % 16 % 7 % 26 % Current Basis / Original Principal 38 % 63 % 79 % 89 % 70 %
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30 ALLOWANCE ROLL FORWARD - LINKED QUARTER Lending Division ACL at June 30, 2026 Initial ACL on Purchased Loans Provision (Credit) for Credit Losses Charge-Offs Recoveries ACL at September 30, 2026 Dollars in thousands National Lending Purchased $ 40,975 $ 4,383 $ (5,691) $ (856) $ 92 $ 38,903 National Lending Originated 6,899 — (112) — — 6,787 Small Business SBA 8,779 — 4,067 (2,294) 13 10,565 Insured Small Business (1) 1,633 — 2,539 (2,265) — 1,907 Community Bank 133 — (9) — — 124 Total $ 58,419 $ 4,383 $ 794 $ (5,415) $ 105 $ 58,286 (1) Offsetting the $2.5 million provision for credit losses on insured small business loans is a gain on recovery of insured credit losses included in non-interest income. The $2.3 million in charge-offs on insured small business loans were recovered through our Insurance Lending Servicing Agreement with Newity LLC. For additional information see the Form 8-K filed with the FDIC on September 21, 2025.
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31 PURCHASED LOAN INVESTMENT BASIS AND DISCOUNT BY TRAILING 5 QUARTERS (1) Credit mark is recorded in the Allowance for Credit Losses, and not included in the purchased loan net basis. Millions $2,406.5 $2,856.9 $2,810.9 $2,756.6 $2,789.2 $171.5 $181.1 $153.8 $140.7 $136.5 $36.4 $52.5 $45.7 $41.0 $38.9 Net Basis Rate Mark Discount Credit Mark (1) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27$— $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500
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32 NATIONAL LENDING PURCHASED Q1 FY27 TOTAL RETURN SUMMARY (1) (1) The total return on purchased loans represents scheduled accretion, accelerated accretion, gains (losses) on real estate owned, release of allowance for credit losses on purchased loans, and other noninterest income recorded during the period divided by the average invested balance on an annualized basis. The total return on purchased loans does not include the effect of purchased loan charge-offs or recoveries during the period. Total return on purchased loans is considered a non-GAAP financial measure. Total Return on Purchased Loans Dollars in thousands Income Return Regularly scheduled interest and accretion 52,548 7.70 % Transactional income: Release of allowance for credit losses on purchased loans 5,921 0.87 % Accelerated accretion and loan fees 3,668 0.54 % Total transactional income 9,589 1.41 % Total 62,137 9.11 %