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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 1 Investor Presentation O c t o b e r 2 0 2 6
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 2 Safe Harbor Statement and Disclaimer Forward-Looking Statements In this presentation, “we,” “our,” “us,” “River City Bank,” or “the Bank” refers to River City Bank, a California corporation , a California state-chartered bank. This presentation contains forward -looking statements within the meaning of and intended to be covered by, the safe harbor provisions of the Private Securities Litigati on Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Bank’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward -looking statements include without limitation, any statement that may predict, fo recast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “ expect,” “aim,” “intend,” “plan,” or words or phrases of similar meaning. The Bank cautions that the forward-looking statements are based largely on the Bank’s expectations and are subject to a number of known a nd unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Bank’s control. Such forward -looking statements are based on various assumption s (some of which may be beyond the Bank’s control) and are subject to risks and uncertainties, which change over time, and other factors which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Bank to predict their occurrence or how they will affect the Bank. If one or more of the facto rs affecting the Bank’s forward-looking information and statements proves incorrect, then the Bank’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forwa rd-looking information and statements contained in this presentation. Therefore, the Bank cautions you not to place undue reliance on the Bank’s forward -looking information and statements. The outcome of the e vents described in these forward-looking statements is subject to risks, uncertainties and other factors described in the section titled “Risk Factors” in our Form 10/A General Form for Registration of Securities Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934. The Bank disclaims any duty to revise or update the forward -looking statements, whether written or oral, to reflect actual resul ts or changes in the factors affecting the forward-looking statements, except as specifically required by law. Industry Information This presentation includes statistical and other industry and market data that we obtained from government reports and other third-party sources. Our internal data, estimates, and forecasts are based on information obtained from government reports, trade, and business organizations and other contacts in the markets in which we operate and our management’s understanding of industry conditions. Although we believe that this information (including the industry publications and third -party research, surveys, and studies) is accurate and reliable, we have not independently verified such information. In addition, estimates, forecasts, and assumptions are necessarily subject to a high degree of uncertainty and risk due to a variety of fa ctors. Finally, forward-looking information obtained from these sources is subject to the same qualifications and the additional uncertainties regarding the other forward -looking statements in this presentation. Unaudited Financial Data Numbers contained in this presentation for the quarter ended September 30, 2026 and for other quarterly periods are unaudited. Additionally, all figures presented as year -to-date and for periods that represent a full fiscal year ended December 31, represent unaudited results. As a result, subsequent information may cause a change in certain accounting estimates and other financial information, including the Bank’s allowance for credit losses, fair values, and income taxes. Non-GAAP Financial Measures The Bank uses financial information in its analysis of the Bank’s performance that is not in conformity with accounting princ iples generally accepted in the United States of America (“GAAP”). The Bank believes that these non-GAAP financial measures provide useful information to management and investors that is supplementary to the Bank’ s financial condition, results of operations, and cash flows computed in accordance with GAAP. However, the Bank acknowledges that its non -GAAP financial measures have a number of limitations. See the appendix to this presentation for a reconciliation of these non-GAAP measures to the most directly comparable GAAP financial measures.
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 3 Rosa Cucicea SVP , Director of Clean Energy & Public Sector Banking Since 2014 Ken Imwinkelried SVP , Chief Credit Officer Since 2010 Jeremy Spencer SVP , Director of Internal Audit & Regulatory Relations Since 2011 Brian Killeen EVP , Chief Financial Officer Since 2007 Dan Franklin EVP , Director of Commercial Real Estate Since 2008 Executive Management Team Steve Fleming President, Chief Executive Officer Since 2008 Pat Lewis EVP , Chief Operating Officer Since 2001 Tony Eyer SVP , Chief Technology Officer Since 2021
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 4 Recent Accolades 4 B A N K D I R E C T O R F O R B E S 4th Best U.S. Bank 1st Best Asset Quality 13th Best Bank in America 1st Best Asset Quality River City Bank is honored to be ranked as the 4th best bank in the United States by BankDirector for banks with total assets between $5 billion and $50 billion, ranking 1st in the country for asset quality River City Bank is delighted to be ranked as the 13th best bank in America by Forbes, recognized for our superb asset quality, which ranks as the best in the country Source: BankDirector, Forbes, S&P Global S & P G L O B A L 30th Best U.S. Bank 1st Best Asset Quality River City Bank is pleased to be ranked as the 30th best-performing bank in the United States for banks with total assets between $3 billion and $10 billion by S&P Global, recognized for our superb asset quality, which ranks as the best in the country
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 5 Company Overview Branch-light boutique commercial operating model 5 A C T I V E W E S T E R N U . S . L E N D E R W I T H A S T R O N G C A L I F O R N I A D E P O S I T F R A N C H I S E (1) Financials as of and for the nine months ended September 30, 2026 (2) States in which River City Bank has lending relationships, determined by collateral location Sacramento San Francisco Los Angeles San Diego Loan Production Office (1) Brick-and-Mortar Branch (8) Western U.S. Lending Presence(2) Greater Sacramento Headquarters Sacramento, CA Ticker Nasdaq: RCBC Full Time Equivalent ("FTE") Employees 156 Founded 1973 Total Assets $6.4 billion Gross Loans $4.8 billion Total Deposits $5.6 billion ROAA 1.48% ROAE 16.10% BVPS $42.32 NIM 2.37% Efficiency Ratio 25.98% C O R P O R AT E O V E R V I E W( 1 )
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 6 ✓ Net income of $30.6 million for the quarter ended September 30, 2026, compared to $19.6 million for the trailing quarter and $19.7 million for the same quarter in the prior year ✓ Core Pre-Tax Pre-Provision (PTPP) income was $29.3 million for the quarter ended September 30, 2026, which excludes a $17.1 million gain from changes in the fair value of undesignated derivatives compared to $25.4 million for the trailing quarter and $28.4 million for the quarter ended September 30, 2025 ✓ The allowance for credit losses to total loans was 2.30% at September 30, 2026 and 2.24% at December 31, 2025 and 2.27% at September 30, 2025 ✓ Non-performing loans to total loans remained at 0.00% as of September 30, 2026, unchanged from December 31, 2025 and September 30, 2025, reflecting the Bank's continued pristine credit quality ✓ No OREO as of September 30, 2026 and no charge-offs for the nine months ended September 30, 2026 ✓ Total assets grew $339 million, or 6%, during the quarter ended September 30, 2026 to $6.4 billion ✓ Total loans increased $172 million, or 4%, during the quarter ended September 30, 2026 to $4.8 billion ✓ Total deposits grew $239 million, or 4%, during the quarter ended September 30, 2026 to $5.6 billion ✓ Book value per share increased to $42.32 as of September 30, 2026 from $38.43 as of December 31, 2025 ✓ Efficiency ratio of 19.4% for the quarter ended September 30, 2026 compared to 29.4%(1) for the trailing quarter, and an adjusted efficiency ratio of 27.7% (1) compared to 31.9% for the trailing quarter both well below industry averages Earnings & Profitability Credit Quality Operating Discipline 3rd Quarter 2026 Financial Highlights (1) Use of Non-GAAP measures; further detail can be found in the Appendix Balance Sheet Growth
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 7 3rd Quarter 2026 Key Metrics Credit Quality Earnings & Profitability Net Interest Income and Margin ($ in thousands, except share data) 9/30/2026 6/30/2026 9/30/2025 Net Income $ 30,609 $ 19,616 $ 19,684 Return on average assets (“ROAA”) 1.92% 1.28% 1.43% Return on average equity (“ROAE”) 21.06% 13.92% 15.06% Earnings per share (“EPS”) $ 2.16 $ 1.37 $ 1.36 For the three months ended Net interest margin (“NIM”) 2.39% 2.34% 2.71% Loan yield 5.21% 5.19% 5.51% Cost of interest-bearing deposits 3.31% 3.30% 3.54% Cost of total deposits 2.73% 2.77% 2.81% Total cost of funds ("COF") 2.72% 2.75% 2.80% 9/30/2026 6/30/2026 9/30/2025 Allowance for Credit Losses ("ACL")/ Total Loans 2.30% 2.30% 2.27% Delinquent loans/Total loans 0.00% 0.03% 0.00% As of
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 8 September 30, 2026 December 31, 2025 Assets Cash and due from financial institutions $ 485,870 $ 477,471 Total Investments $ 1,021,630 $ 690,533 Total Loans $ 4,849,645 $ 4,628,103 Total Assets $ 6,381,595 $ 5,801,890 Liabilities Deposits $ 5,613,774 $ 5,148,329 Borrowings $ — $ 25,000 Cash collateral - From derivative counterparties $ 149,590 $ 59,090 Total Liabilities $ 5,790,725 $ 5,253,399 Total Shareholders’ Equity $ 590,870 $ 548,491 As of ($ in thousands) Balance Sheet Summary
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 9 $12.08 $13.02 $14.60 $18.64 $21.23 $24.13 $28.75 $33.65 $38.43 $42.32 2016Y 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y 3Q 2026 As of Historical Tangible Book Value Per Share Growth(1) (1) Use of Non-GAAP measures; further detail can be found in the Appendix Note: Historical shares outstanding adjusted for ten -to-one split effective December 15, 2025; per share metrics adjusted accord ingly
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 10 Financial Performance (1) Use of Non-GAAP measures; Pre-Tax, Pre-Provision Income excludes net changes in the fair value of derivatives; further detai l can be found in the Appendix N E T I N C O M E A N D C O R E P R E-TA X P R E- P R O V I S I O N ( “ P T P P ” ) I N C O M E ( $ I N M I L L I O N S )( 1 ) $19.7M $21.0M $18.0M $19.6M $30.6M $28.4M $29.5M $24.6M $25.4M $29.3M 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended Net Income Core PTPP Income $1.36 $1.45 $1.24 $1.37 $2.16 $1.43 $1.35 $1.15 $1.21 $1.29 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended EPS Adjusted EPS excl. MTM E A R N I N G S P E R S H A R E ( “ E P S ” ) A N D A D J U S T E D E P S( 1 )
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 11 E F F I C I E N CY R AT I O A N D A D J U S T E D E F F I C I E N C Y R AT I O( 1 ) T O TA L A S S E T S T O F T E E M P L O Y E E S ( $ I N M I L L I O N S ) Operational Efficiency Emphasis on disciplined expense management and scalable infrastructure (1) Use of Non-GAAP measures; further detail can be found in the Appendix 29.39% 26.64% 32.10% 29.44% 19.43% 28.22% 27.85% 33.59% 31.94% 27.66% 0.81% 0.78% 0.84% 0.78% 0.70% 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended Efficiency Ratio Adjusted Efficiency Ratio Noninterest Expense / Avg. Assets $34.22 $37.19 $38.28 $38.73 $40.91 160 156 158 156 156 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of Total Assets / FTE ($mm) FTE Employees
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 12 E P S a n d A d j u s t e d E P S( 1 ) R O A A a n d A d j u s t e d R O A A( 1 ) (1) Use of Non-GAAP measures; further detail can be found in the Appendix Note: Historical shares outstanding adjusted for ten -to-one split effective December 15, 2025 B V P S R O A E a n d A d j u s t e d R O A E( 1 ) Profitability 15.06% 15.50% 13.07% 13.92% 21.06% 15.92% 14.50% 12.16% 12.31% 12.63% 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended ROAE Adjusted ROAE 1.43% 1.45% 1.22% 1.28% 1.92% 1.51% 1.35% 1.13% 1.14% 1.15% 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended ROAA Adjusted ROAA $1.36 $1.45 $1.24 $1.37 $2.16 $1.43 $1.35 $1.15 $1.21 $1.29 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended EPS Adjusted EPS $37.04 $38.43 $39.37 $40.58 $42.32 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 13 Net Interest Margin N I M , Y I E L D O N I N T E R E S T- E A R N I N G A S S E T S , A N D C O F O V E R T I M E 5.23% 5.16% 4.90% 4.84% 4.86% 2.80% 2.74% 2.78% 2.75% 2.72% 2.71% 2.67% 2.38% 2.34% 2.39% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended Yield on Interest-Earning Assets Total COF NIM
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 14 Interest Rate Risk Management Disciplined hedging and balance sheet positioning support earnings stability 14 • NIM increased to 2.39% in 3Q 2026 from 2.34% in 2Q 2026 due to slight asset sensitivity • Short investment duration (~1.2 years effective duration) • COF declined to 2.72% in 3Q 2026 from 2.75% in 2Q 2026 • $17.1 million swap gain in 3Q 2026, compared to $3.2 million swap gain in 2Q 2026 and a $1.6 million loss in 3Q 2025 • Volatility reflects rate movements and accounting requirements, not credit or asset quality • Management does not view MTM gains/losses as economic performance • $2.6 billion in total notional interest rate swaps outstanding as of September 30, 2026 • Swaps used to hedge fixed-rate loan exposure, not for trading purposes • Bank has employed interest rate swap process since 2012 Hedging Strategy Reported Volatility Earnings & Protection
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 15 Change in Fair Value of Undesignated Interest Rate Swaps 15 $(1,568) $1,858 $1,729 $3,178 $17,149 ($5,000) $0 $5,000 $10,000 $15,000 $20,000 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 For the quarter ended ( $ I N T H O U S A N D S )
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 16 Organic Loan Growth G R O S S L O A N S O V E R T I M E ( $ I N M I L L I O N S ) $2,735 $3,239 $3,686 $4,274 $4,628 $4,614 $4,678 $4,850 3.84% 3.81% 5.44% 5.64% 5.49% 5.24% 5.19% 5.21% 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of Total Loans Loan Yield
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 17 CRE 91% Residential 4% C&I 3% Agricultural 1% C&D 1% Consumer 0% Loan Portfolio W E S T E R N U . S . C R E L O A N B A L A N C E BY S TAT E ( $ i n m i l l i o n s ) ( 1 ) ( 3 ) (1) Data as of September 30, 2026; (2) Weighted-average interest rate does not reflect the impact of fair value hedge swap income (3) Excludes $26.8 million of CRE loans located in other states T O TA L L O A N P O R T F O L I O C O M P O S I T I O N( 1 ) P O R T F O L I O B R E A KO U T( 1 ) $259 $69 $71 $252 $83 $49 $181 $289 $3,115 Category Amount W.A. Rate (2) % of Portfolio ($ in thousands) Commercial Real Estate ("CRE") 4,394,818$ 4.67% 90.6% Residential Real Estate 190,158 3.77% 3.9% Commercial and industrial 135,176 5.34% 2.8% Agricultural 63,687 6.08% 1.3% Construction and Land Development 56,162 6.83% 1.2% Consumer 9,644 7.34% 0.2% Total 4,849,645$ 4.71% 100.0%
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 18 C R E D E TA I L A S O F S E P T E M B E R 3 0 , 2 0 2 6 C R E P O R T F O L I O S TAT I S T I C S( 1 ) CRE Portfolio Detail Loan Amount % of CRE LTV (1) CRE Asset Class As of September 30, 2026 Outstanding Weighted Avg ($ in thousands) Multifamily 1,605,197$ 36.5% 38.5% Retail 1,096,429 24.9% 39.5% Industrial 669,243 15.2% 37.7% Office 469,126 10.7% 44.2% Mini Storage 229,137 5.2% 35.4% Special Purpose 117,268 2.7% 33.9% Mobile Home 103,640 2.4% 34.6% Hospitality 96,264 2.2% 38.4% Other 8,514 0.2% 37.5% Total $4,394,818 100.0% 38.9% Multifamily 37% Retail 25% Industrial 15% Office 11% Mini Storage 5% Special Purpose 3% Mobile Home 2% Hospitality 2% Other 0% (1) LTVs are based on appraised values at origination
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 19 Asset Quality A C L- L O A N S A N D A C L- L O A N S / G R O S S L O A N S No charge-offs No material delinquencies No OREONo non-performing assets As of and for the nine months ended September 30, 2026: $64,995 $84,013 $96,051 $102,163 $103,799 $105,471 $107,826 $111,749 2.38% 2.59% 2.61% 2.39% 2.24% 2.29% 2.30% 2.30% 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of ACL- Loans ACL / Gross Loans
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 20(1) Colors in the deposit composition history correspond to deposit types shown in the pie chart above (2) Reflects a percentage of total deposits D E P O S I T P O R T F O L I O BY T Y P E A S O F S E P T E M B E R 3 0 , 2 0 2 6 D E P O S I T C O M P O S I T I O N H I S T O R Y( 1 ) ( 2 ) U N I N S U R E D L E S S C O L L AT E R A L I Z E D( 2 ) Deposit Composition Non-Interest Bearing 16% Interest-Bearing Transaction 44%Savings 2% Time 11% Money Market 27% $5.6 billion 18% 18% 16% 15% 16% 41% 42% 44% 45% 44% 2% 2% 2% 2% 2% 17% 15% 12% 12% 11% 22% 23% 26% 26% 27% 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of 18% 17% 17% 16% 16% 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 21 D E P O S I T S O V E R T I M E ( $ I N M I L L I O N S ) $3,326 $3,442 $4,321 $4,455 $5,148 $5,387 $5,375 $5,614 $893 $943 $1,762 $1,684 $2,199 $2,315 $2,275 $2,428 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 3/31/2026 6/30/2026 9/30/2026 As of Total Deposits CCA Deposits Our Deposit Specialization Community Choice Aggregation (“CCA”): CCAs serve as an alternative to investor-owned utilities, procuring and managing electricity services for local communities
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 22 T I E R 1 C A P I TA L R AT I O TA N G I B L E C O M M O N E Q U I T Y R AT I O( 1 ) (1) Use of Non-GAAP measures; further detail can be found in the Appendix T O TA L C A P I TA L R AT I O T I E R 1 L E V E R A G E R AT I O Capital Ratios 8.74% 8.50% 9.42% 9.45% 9.26% 12/31/2022 12/31/2023 12/31/2024 12/31/2025 9/30/2026 As of 8.68% 8.23% 9.12% 9.40% 9.39% 12/31/2022 12/31/2023 12/31/2024 12/31/2025 9/30/2026 As of 11.15% 11.90% 12.25% 12.75% 13.34% 12/31/2022 12/31/2023 12/31/2024 12/31/2025 9/30/2026 As of 12.42% 13.17% 13.52% 14.02% 14.61% 12/31/2022 12/31/2023 12/31/2024 12/31/2025 9/30/2026 As of
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 23 Appendix: Non-GAAP Reconciliation (Unaudited) Core Pre-Tax, Pre-Provision Income Core Pre-Tax, Pre-Provision Income is a non-U.S. GAAP financial measure derived from U.S. GAAP-based amounts. We calculate Core Pre-Tax, Pre-Provision Income by adding the sum of provision for income tax, provision for loan losses, and provision for credit losses (unfunded commitments) less the net changes in the fair value of derivatives to net income. Management believes that the exclusion of such items from this financial measure provides useful information to gain an understanding of the operating results of our core business. This non-U.S. GAAP financial measure is supplemental and is not a substitute for an analysis based on U.S. GAAP measures. As companies may use different calculations for this measure, this presentation may not be comparable to other similarly titled measures reported by other companies. A calculation of the non-U.S. GAAP measure of Core Pre-Tax, Pre-Provision Income is set forth above. (dollars in thousands) September 30, 2025 December 31, 2025 March 31, 2026 June 30, 2026 September 30, 2026 Net Interest Income 37,095$ 38,684$ 35,015$ 35,537$ 37,846$ Noninterest Income 892 4,078 3,757 5,011 19,800 Less: Change in the Fair Value of Derivatives (1,568) 1,858 1,729 3,178 17,149 Core Noninterest Income 2,460 2,220 2,028 1,833 2,651 Less: Noninterest Expense 11,164 11,393 12,444 11,937 11,203 Core Pre-Tax, Pre-Provision Income 28,391$ 29,511$ 24,599$ 25,433$ 29,294$ For the Three Months Ended
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 24 Appendix: Non-GAAP Reconciliation (Unaudited) Efficiency Ratio & Adjusted Efficiency Ratio For periods presented above, efficiency ratio and adjusted efficiency ratios are non-U.S. GAAP financial measures derived from U.S. GAAP-based amounts. Efficiency ratio represents the ratio of noninterest expense to the sum of net interest income and total noninterest income. Adjusted efficiency ratio represents the ratio of noninterest expense divided by the sum of net interest income and core noninterest income, where core noninterest income excludes the impact of changes in the fair value of undesignated interest rate swaps. This non-U.S. GAAP financial measure is supplemental and is not a substitute for an analysis based on U.S. GAAP measures. As companies may use different calculations for this measure, this presentation may not be comparable to other similarly titled measures reported by other companies. Calculations of the non-U.S. GAAP measures of efficiency ratio and adjusted efficiency ratios are set forth above. (dollars in thousands) September 30, 2025 December 31, 2025 March 31, 2026 June 30, 2026 September 30, 2026 Total Noninterest Expense (A) 11,164$ 11,393$ 12,444$ 11,937$ 11,203$ Net Interest Income (B) 37,095$ 38,684$ 35,015$ 35,537$ 37,846$ Total Noninterest Income (C ) 892 4,078 3,757 5,011 19,800 Less: Change in the Fair Value of Derivatives (1,568) 1,858 1,729 3,178 17,149 Core Noninterest Income (D) 2,460$ 2,220$ 2,028$ 1,833$ 2,651$ Efficiency Ratio (A)/(B +C) 29.39% 26.64% 32.10% 29.44% 19.43% Adjusted Efficiency Ratio (A)/(B+D) 28.22% 27.85% 33.59% 31.94% 27.66% For the Three Months Ended
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 25 Appendix: Non-GAAP Reconciliation (Unaudited) Adjusted EPS, ROAA & ROAE Adjusted earnings per share, adjusted return on average assets, and adjusted return on average equity are non-U.S. GAAP financial measures derived from U.S. GAAP-based amounts. We calculate these measures by excluding the after-tax impact of net changes in the fair value of derivatives from net income. Adjusted earnings per share is calculated by dividing adjusted net income by the applicable weighted average shares outstanding, adjusted return on average assets is calculated by dividing annualized adjusted net income by average assets, and adjusted return on average equity is calculated by dividing annualized adjusted net income by average shareholders' equity. Management believes that the exclusion of such items from these financial measures provides useful information to gain an understanding of the operating results of our core business and facilitates comparisons across reporting periods. These non-U.S. GAAP financial measures are supplemental and are not substitutes for analyses based on U.S. GAAP measures. As companies may use different calculations for these measures, the presentation of these measures may not be comparable to other similarly titled measures reported by other companies. Reconciliations of these non-U.S. GAAP financial measures to the most directly comparable U.S. GAAP measures are set forth above. (dollars in thousands) September 30, 2025 December 31, 2025 March 31, 2026 June 30, 2026 September 30, 2026 Net Income 19,684 21,014 17,946 19,616 30,609 Non-core item: Change in the Fair Value of Derivatives (1,568) 1,858 1,729 3,178 17,149 Tax Effect 447 (494) (479) (906) (4,887) Change in the Fair Value of Derivatives, net (1,121) 1,364 1,250 2,272 12,262 Adjusted Net Income 20,805 19,650 16,696 17,344 18,347 Weighted Average Shares Outstanding 14,517,644 14,507,246 14,517,560 14,341,273 14,190,307 Adjusted EPS 1.43$ 1.35$ 1.15$ 1.21$ 1.29$ Adjusted ROAA 1.51% 1.35% 1.13% 1.14% 1.15% Adjusted ROAE 15.92% 14.50% 12.16% 12.31% 12.63% For the Three Months Ended
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BODY TEXT 84, 84, 84 LIGHT GRAY 210, 210, 210 BLACK 0, 0, 0 WHITE 255, 255, 255 ACCENT 1 0, 45, 113 ACCENT 2 59, 173, 43 ACCENT 3 46, 102, 247 ACCENT 4 126, 161, 250 ACCENT 5 188, 190, 192 ACCENT 6 90, 91, 94 TITLES: Aptos BODY: Aptos CASING: Title Case 26 Appendix: Non-GAAP Reconciliation (Unaudited) Tangible Common Equity & Tangible Book Value per Share Note: Historical shares outstanding adjusted for ten -to-one split effective December 15, 2025; per share metrics adjusted accord ingly Tangible common equity to tangible assets (the "tangible common equity ratio") and tangible book value per share are non-U.S. GAAP financial measures derived from U.S. GAAP-based amounts. We calculate the tangible common equity ratio by excluding the balance of intangible assets from common shareholders' equity and dividing by tangible assets. We calculate tangible book value per share by dividing tangible common equity by basic common shares outstanding plus convertible preferred shares, as compared to book value per common share, which we calculate by dividing common shareholders’ equity by basic common shares outstanding. We believe that this information is consistent with the treatment by bank regulatory agencies, which exclude intangible assets from the calculation of risk-based capital ratios. Accordingly, we believe that these non-U.S. GAAP financial measures provide information that is important to investors and that is useful in understanding our capital position and ratios. However, these non-U.S. GAAP financial measures are supplemental and are not a substitute for an analysis based on U.S. GAAP measures. As other companies may use different calculations for these measures, this presentation may not be comparable to other similarly titled measures reported by other companies. A reconciliation of the non-U.S. GAAP measure of tangible common equity ratio to the U.S. GAAP measure of common equity ratio and tangible book value per share to the U.S. GAAP measure of book value per share are set forth above. (1) Use of Non-GAAP measures; adjusted TBVPS reflects the conversion of preferred shares into common (dollars in thousands, except per share data) 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 June 30, 2026 September 30, 2026 Total Stockholders' Common Equity $160,872 $184,894 $208,676 $236,638 $269,478 $308,355 $353,014 $417,730 $484,740 $548,491 $567,881 $590,870 Convertible Preferred Equity $9,740 - - - - - - - - - - - Less: Intangible Assets - - - - - - - - - - - - Tangible Common Equity $170,612 $184,894 $208,676 $236,638 $269,478 $308,355 $353,014 $417,730 $484,740 $548,491 $567,881 $590,870 Total Assets $1,814,902 $2,037,816 $2,206,367 $2,544,697 $3,322,054 $3,656,715 $4,041,345 $4,932,029 $5,143,528 $5,801,890 $6,042,514 $6,381,595 Less: Intangible Assets - - - - - - - - - - - - Tangible Assets $1,814,902 $2,037,816 $2,206,367 $2,544,697 $3,322,054 $3,656,715 $4,041,345 $4,932,029 $5,143,528 $5,801,890 $6,042,514 $6,381,595 Tangible Common Equity Ratio (Adjusted)⁽¹⁾ 9.40% 9.07% 9.46% 9.30% 8.11% 8.43% 8.74% 8.47% 9.42% 9.45% 9.40% 9.26% Common Shares Outstanding 12,289,130 14,206,360 14,291,950 14,376,100 14,453,500 14,527,110 14,627,660 14,528,070 14,403,700 14,272,790 13,994,875 13,962,925 Common Shares Underlying the Preferred Shares 1,834,390 - - - - - - - - - - - Common Shares Outstanding Upon Conversion 14,123,520 14,206,360 14,291,950 14,376,100 14,453,500 14,527,110 14,627,660 14,528,070 14,403,700 14,272,790 13,994,875 13,962,925 Tangible Book Value per Share Adjusted ⁽¹⁾ $12.08 $13.02 $14.60 $16.46 $18.64 $21.23 $24.13 $28.75 $33.65 $38.43 $40.58 $42.32 As ofAs December 31,