Slide 1: 2026 Second Quarter Earnings Results
NASDAQ: RBB 2026 Second Quarter Earnings Results July 20, 2026
Slide 2: Disclosure Statement
Disclosure Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often include the words “believes,” “expects,” “anticipates,” “estimates,” “forecasts,” “intends,” “plans,” “targets,” “po
Slide 3: 2nd Quarter 2026 Financial Highlights
2nd Quarter 2026 | Financial Highlights ($ in thousands, except per share data) 2Q25 1Q26 2Q26 QoQ YoY 2Q26 Highlights Earnings & Profitability Diluted Earnings Per Share (EPS) $ 0.52 $ 0.66 $ 0.59 -11% 13% Net Income Net Interest Income $ 27,334 $ 30,503 $ 30,086 -1% 10% $10.1 million Sustained qua
Slide 4: Strategically Managed Balance Sheet
Strategically Managed Balance Sheet ($ in thousands, except per share data) 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 Loan to Deposit Ratio 101.5% 98.1% 99.0% 99.6% Cash and Due From Banks $ 192,452 $ 235,530 $ 212,917 $ 197,510 $ 283,615 97.6% Available for Sale (AFS) Securities 413,142 41
Slide 5: Income Statement Trends
Income Statement Trends ($ in thousands, except per share data) 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 Net Income and Diluted EPS Interest and Fees on Loans $ 47,687 $ 50,094 $ 50,447 $ 49,938 $ 50,663 ($ in millions except per share amounts) $0.59 $0.66 Interest on Investment Securities
Slide 6: Loan Portfolio Highlights
Loan Portfolio Highlights Diversified loan portfolio at 6/30/26 Loan Portfolio Composition as of 6/30/2026 SFR - Mainly non-qualified mortgage loans CRE – Loans secured by commercial real estate, including multifamily and owner and non-owner occupied CRE C&D – Construction and land development
Slide 7: Business Line Profile: CRE | C&D
Business Line Profile: CRE | C&D CRE Loans CRE Loans at 6/30/26 ($ in thousands) % $1.28 billion $ 138,163 10.8% Hotel/Motel Single Family Other Warehouse and Industrial 107,440 8.4% 2.5% Owner Occupied Mixed Use 101,516 7.9% 11.9% Retail 87,975 6.9% Other Non-Owner Occupied Office 39,376 3.1% 27.0%
Slide 8: Business Line Profile: Residential Mortgage Portfolio
Business Line Profile: Residential Mortgage Portfolio Distribution by Geography Distribution by LTV (1) Residential Mortgage: Distribution by Geography Residential Mortgage: Distribution by LTV NJ Other 2.9% 1.3% NorCal 70-95, 4.0% 6.6% 65-70, 13.9% <50, 31.4% $1.68 billion SoCal $503,182 Residentia
Slide 9: Business Line Profile: C&I | SBA
Business Line Profile: C&I | SBA C&I Loans SBA Loans C&I and SBA Portfolio ($mm) $152.0 million Shared $49.7 million $200.7 $205.2 $201.6 Nat'l Guaranteed $194.2 $196.0 Credits 16.0% Commercial Term 1.2% $54.0 $52.3 $49.7 17.0% $56.0 $56.0 Unguaranteed Secured by RE $138.3 $146.7 $140.1 $152.9 $152.
Slide 10: Asset Quality Metrics: Nonperforming Assets Declined
Asset Quality Metrics: Nonperforming Assets Declined 6/30/2026 3/31/2026 NPAs / Total Assets NPAs # $ # $ % Change ($ in thousands) $60,987 $ in thousands $54,314 $53,462 SFR 2 $ 394 4 $ 1,507 $4,170 $48,836 $8,830 $8,830 $43,579 CRE 4 8,146 4 9,137 $4,268 C&D 1 8,072 2 27,694 $19,820 C&I 2 5,113 2
Slide 11: Asset Quality Improved QoQ and YoY
Asset Quality Improved QoQ and YoY Special Mention & Substandard Loans Special Mention & Substandard Loans by Type $182,336 $61,529 $ in thousands $ in thousands $2,404 $126,229 $8,072 $91,019 $94,412 $97,272 $15,408 $81,804 $76,880 $75,175 $72,494 $20,275 $91,317 $61,529 $5,631 $27 $35,645 $49,349
Slide 12: Healthy Allowance For Credit Losses Coverage Ratio
Healthy Allowance For Credit Losses Coverage Ratio Allowance for Loan Losses (ALL) $51,014 The allowance for loan losses (ALL) was $43.7 million, or 1.32% of loans HFI, at $ in Thousands 6/30/26 compared to $43.7 million, or 1.31% of loans HFI, at 3/31/26 $44,892 $43,888 $43,666 $43,660 Second quart
Slide 13: Deposits: Retail Deposit Growth Supports Net Loan Growth
Deposits: Retail Deposit Growth Supports Net Loan Growth Deposit Mix – QoQ Annualized Total Deposits at 6/30/26 $ in millions Wholesale +22% -2% -1% +6% deposits $3,366 $3,350 $3,340 $3,391 3.5% $3,188 $3.39 billion $722 $692 $956 $1,191 Time $1,176 DDA $268 deposits, $184 17.5% $226 greater $164 $1
Slide 14: Operating Expense & Efficiency
Operating Expense & Efficiency Noninterest Expense Total Revenue & Efficiency Ratio $20.49 $18.68 $18.97 $19.26 $19.02 58.69% 57.46% $2.42 57.22% 57.36% 55.41% $2.40 $2.45 $2.28 $2.53 $2.90 $1.50 $1.45 $1.60 $1.31 $1.71 $1.81 $1.75 $1.71 $1.69 $ in millions $ in millions $2.38 $2.43 $2.44 $2.51 $2.4
Slide 15: Accumulation of Strong Company Capital Ratios
Accumulation of Strong Company Capital Ratios CET1 Capital Ratio Tangible Common Equity Ratio(1) Increased book value per share 7.7% and tangible 17.61% 17.49% 17.85% 18.00% 17.28% book value per share(1) 8% 11.07% 10.90% 11.12% 11.01% YoY 10.67% Quarterly common stock 6.50% 6.50% 6.50% 6.50% 6.50%
Slide 16: Appendix: Non-GAAP Reconciliations
Appendix: Non-GAAP Reconciliations 16
Slide 17: Non-GAAP Reconciliation: Tangible Common Equity and Tangible Assets
Non-GAAP Reconciliation: Tangible Common Equity and Tangible Assets Some of the financial measures included in this presentation are not measures of financial performance recognized by GAAP. These non-GAAP financial measures include “tangible common equity to tangible assets,” “tangible book value p
Slide 18: Non-GAAP Reconciliation: Pre-Tax Pre-Provision Income
Non-GAAP Reconciliation: Pre-Tax Pre-Provision Income Some of the financial measures included in this presentation are not measures of financial performance recognized by GAAP. These non-GAAP financial measures include “pre-tax pre-provision income.” Our management uses this non-GAAP financial measu