Slide 1: 2025 Third Quarter Earnings Results
NASDAQ: RBB 2025 Third Quarter Earnings Results October 20, 2025
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: 3rd Quarter 2025 Financial Highlights
3rd Quarter 2025 | Financial Highlights ($ in thousands, except per share data) 4Q24 1Q25 2Q25 3Q25 3Q25 Highlights Earnings & Profitability Net Income Diluted Earnings Per Share (EPS) $ 0.25 $ 0.13 $ 0.52 $ 0.59 $10.1 million Net Interest Income before Provision $ 25,977 $ 26,163 $ 27,334 $ 29,277
Slide 4: Strategically Managed Balance Sheet
Strategically Managed Balance Sheet ($ in thousands, except per share data) 12/31/2024 3/31/2025 6/30/2025 9/30/2025 Loan to Deposit Ratio Cash and Due From Banks $ 258,345 $ 239,423 $ 192,452 $ 235,530 101.5% Available for Sale (AFS) Securities 420,190 378,188 413,142 410,631 99.0% 100.0% $3,303 He
Slide 5: Loan Portfolio Highlights
Loan Portfolio Highlights Diversified loan portfolio at 9/30/25 Loan Portfolio Composition as of 9/30/25 Other SFR - Mainly non-qualified mortgage loans 0% CRE – Loans secured by commercial real estate, including multifamily and owner and non-owner occupied CRE C&D – Construction and land deve
Slide 6: Business Line Profile: CRE | C&D
Business Line Profile: CRE | C&D CRE Loans CRE Loans at 9/30/25 ($ in thousands) % $1.29 billion Warehouse and Industrial $ 129,165 10.0% Single Hotel/Motel 126,485 9.8% Other Family Owner 3.4% Occupied Mixed Use 112,277 8.7% 11.8% Retail 90,431 7.0% Other Non-Owner Office 39,449 3.1% Occupied 29.0%
Slide 7: Business Line Profile: Residential Mortgage Portfolio
Business Line Profile: Residential Mortgage Portfolio Distribution by Geography Distribution by LTV (1) <50% 50.01%<55% 55.01% - 60% SoCal NY NorCal IL NJ NV Other 60.01%-65% 65.01% - 70% >70% NV Other IL 2% 1% 3% >70% NJ 5% 3% NorCal 65.01% - 70% 17% <50% 7% 30% $1.65 billion SoCal $493,209 Residen
Slide 8: Business Line Profile: C&I | SBA
Business Line Profile: C&I | SBA C&I Loans SBA Loans C&I and SBA Portfolio ($mm) $146.7 million $54.0 million Shared Nat'l Guaranteed Credits 14.8% 1.7% $56.0 $54.0 Commercial Term $47.3 $50.7 24.8% Unguaranteed Secured by RE 36.1% $135.5 $138.3 $146.7 $129.6 Unguaranteed 504 Credit Lines Loans ⁽¹⁾
Slide 9: Asset Quality Metrics: Nonperforming Assets (NPAs)
Asset Quality Metrics: Nonperforming Assets (NPAs) NPAs / Total Assets $81,038 $ in thousands $64,550 $60,987 $4,170 $54,314 $4,170 2.03% $8,830 1.61% 1.49% 1.29% $81,038 $60,380 $56,817 $45,484 12/31/2024 3/31/2025 6/30/2025 9/30/2025 NPLs OREO NPAs / Total Assets NPAs decreased $6.7 million $6.9
Slide 10: Asset Quality Metrics: Nonperforming Loans (NPLs)
Asset Quality Metrics: Nonperforming Loans (NPLs) NPLs / Total Loans 9/30/2025 6/30/2025 $ in thousands NPLs # $ # $ % Change $81,038 ($ in thousands) SFR 5 $ 2,607 2 900 $60,380 $56,817 CRE 3 8,548 5 14,359 2.29% $45,484 C&D 2 28,222 2 35,460 1.92% C&I 1 4,709 2 4,820 1.76% SBA 4 1,387 5 1,261 1.38
Slide 11: Improvement in All Loan Risk Categories and Delinquency Status
Asset Quality Metrics : Improvement in All Loan Risk Categories and Delinquency Status Special Mention & Substandard Loans Special Mention & Substandard Loans by Type $182,336 $ in thousands $165,665 $ in thousands $3,458 $76,880 $140,651 $91,019 $126,229 $10,494 $100,336 $49,349 $76,372 $76,880 $28
Slide 12: Allowance for Credit Losses, Credit Provisions and Credit Metrics
Allowance for Credit Losses, Credit Provisions and Credit Metrics Allowance for Loan Losses (ALL) The allowance for loan losses (ALL) was $44.9 $51,932 $ in Thousands $51,014 million, or 1.36% of loans HFI, at 9/30/25 compared to $51.0 million, or 1.58% of loans $47,729 1.58% HFI, at 6/30/25 1.56% 1
Slide 13: Deposits
Deposits Deposit Mix – QoQ Annualized Total Deposits at 9/30/25 $ in millions Wholesale +6% +22% +8% $3,366 deposits $3,188 $3,084 $3,143 $3.37 billion 8.0% $722 $663 $721 $692 DDA $268 $147 $159 $184 Time 16.4% deposits, $828 $871 $920 $954 greater Savings, than $250,000 NOW & MMA 28.3% $883 $864 $
Slide 14: Operating Expense & Efficiency
Operating Expense & Efficiency Noninterest Expense Total Revenue & Efficiency Ratio $20.49 $18.52 $18.68 $ in millions $17.65 $2.42 57.22% 65.09% 57.36% $2.36 $2.90 $2.40 61.48% $2.46 $1.45 $1.52 $1.36 $1.60 $1.71 $1.81 $1.50 $ in millions $2.41 $2.38 $2.43 $2.40 $35.81 $32.57 $11.08 $28.71 $28.46 $
Slide 15: Accumulation of Strong Company Capital Ratios
Accumulation of Strong Company Capital Ratios CET1 Capital Ratio Tangible Common Equity Ratio(1) 17.94% 17.87% 17.61% 17.28% The Company's capital levels are higher than 11.08% 11.10% 11.07% 10.67% most peer banks 6.50% 6.50% 6.50% 6.50% Quarterly common stock dividend of $0.16/share, equivalent to
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