Northpointe Bancshares, Inc. · NYSE:NPB
Northpointe Bancshares — Q2 2025 Earnings Presentation
14 slides from Northpointe Bancshares's earnings presentation, Jul 23, 2025
Slide 1: Second Quarter 2025 Earnings Call Presentation
Second Quarter 2025 Earnings Call Presentation July 23, 2025
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Statements in this presentation regarding future events and our expectations and beliefs about our future financial performance and financial condition, as well as trends in our business and markets, constitute “forward-looking statements” within the meaning of,
Slide 3: Agenda
Agenda • Formal Remarks • Chuck Williams, Chairman & CEO • Kevin Comps, President • Bradley Howes, CFO • Question and Answer Session • Closing Remarks Chuck A. Williams Kevin J. Comps Bradley T. Howes Chairman & CEO President Executive Vice President and CFO 3
Slide 4: Second Quarter 2025 Highlights (compared to prior quarter)
Second Quarter 2025 Highlights (compared to prior quarter) • Net income to common stockholders of $18.0 million Earnings • $0.51 per diluted share • Return on average assets (annualized) of 1.34% • Return on average equity (annualized) of 13.60% Performance Ratios • Return on average tangible common
Slide 5: Mortgage Purchase Program (MPP)
Mortgage Purchase Program (MPP) Program Overview Second Quarter 2025 Highlights Total loans funded (purchased) $9.0 billion ▪ National mortgage purchase program (warehouse lending) ▪ Purchase program available to Mortgage Bankers nationwide Total loans sold $8.5 billion ▪ Aggregated purchased loans
Slide 6: Retail Banking
Retail Banking 1 2 3 Residential Lending Digital Deposit Banking Specialized Mortgage Servicing ▪ National distributed retail mortgage franchise ▪ Direct to customer deposit platform and ▪ Focus on servicing first-lien home equity product suite lines tied seamlessly to demand deposit ▪ Consumer dire
Slide 7: Asset Quality
Asset Quality Overview Second Quarter 2025 Metrics ▪ Strong underwriting and diligent risk controls with low history of losses ACL to loans held for investment 0.23% ▪ High-quality, seasoned residential mortgage loan portfolio ACL to non-accrual loans 15.10% ▪ Average LTV (with insurance) of 72% and
Slide 8: Summary Income Statement
Summary Income Statement For the Quarter Ended ($ in 000s, except per share data) Q2 2025 Q1 2025 Q2 2024 Interest income $ 93,093 $ 79,150 $ 78,899 Interest expense 56,573 48,761 50,302 Net interest income before provision 36,520 30,389 28,597 Provision for credit losses 583 1,295 298 Net interest
Slide 9: Summary Balance Sheet
Summary Balance Sheet For the Quarter Ended ($ in 000s, except per share data) Q2 2025 Q1 2025 Q1 2024 ASSETS: Total Assets $ 6,430,894 $ 5,859,655 $ 5,163,567 Cash and cash equivalents 415,659 321,499 353,395 Securities 79,688 79,493 78,904 Loans held for sale, at fair value 331,199 207,633 207,740
Slide 10: Estimated Regulatory Capital Ratios
Estimated Regulatory Capital Ratios Northpointe Bank Regulatory Capital Ratios – At June 30, 2025 (1) 14.00% 12.00% 11.34% 11.15% 11.15% 9.98% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% Total Capital (to Risk Weighted Tier 1 (Core) Capital (to Risk CET 1 Capital Ratio (to Risk Tier 1 Capital (to Average A
Slide 11: Appendix
APPENDIX
Slide 12: Loan and Deposit Details
Loan and Deposit Details Loan Portfolio Composition Deposit Composition $5.8 billion at June 30, 2025 $4.5 billion at June 30, 2025 Noninterest- Total Loans Held Construction, bearing for Sale (HFS), 0.47% demand, 5.68% Other Other time 4.50% Consumer/Home Equity, 0.94% deposits, All-in-One (AIO), 9
Slide 13: Fair Value Gain / Loss Trends
Fair Value Gain / Loss Trends (in 000s) Increase (Decrease) in Fair Value Recorded During Quarter Fair Value Asset Income Statement Category Q2 2025 Q1 2025 Q2 2024 Mortgage servicing rights (MSR) Loan servicing fees $ (302) $ (707) $ (915) Lender risk account (LRA) Net gain on sale of loans 497 829
Slide 14: Non-GAAP Reconciliation
-GAAP Reconciliation Non-GAAP Measures Reconciliation As of or for the Six Months As of or for the Three Months Ended Ended June 30, March 31, June 30, June 30, June 30, (Dollars in thousands) 2025 2025 2024 2025 2024 Stockholders’ equity (GAAP) $ 604,277 $ 586,522 $ 445,782 $ 604,277 $ 445,782 Less
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