Rbb Bancorp · NASDAQ:RBB
Rbb Bancorp — Q2 2025 Earnings Presentation
16 slides from Rbb Bancorp's earnings presentation, Jul 22, 2025
Slide 1: 2025 Second Quarter Earnings Results
NASDAQ: RBB 2025 Second Quarter Earnings Results July 21, 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: 2nd Quarter 2025 Financial Highlights
2nd Quarter 2025 | Financial Highlights ($ in thousands, except per share data) 3Q24 4Q24 1Q25 2Q25 2Q25 Highlights Earnings & Profitability Net Income (1) Diluted Earnings Per Share (EPS) $ 0.39 $ 0.25 $ 0.13 $ 0.52 $9.3 million Net Interest Income before Provision $ 24,545 $ 25,977 $ 26,163 $ 27,3
Slide 4: Strategically Managed Balance Sheet
Strategically Managed Balance Sheet ($ in thousands, except per share data) 9/30/2024 12/31/2024 3/31/2025 6/30/2025 Loan to Deposit Ratio Cash and Due From Banks $ 349,990 $ 258,345 $ 239,423 $ 192,452 100.0% 101.5% Available for Sale (AFS) Securities 305,666 420,190 378,188 413,142 $3,235 99.0% 10
Slide 5: Loan Portfolio Highlights
Loan Portfolio Highlights Diversified loan portfolio at 6/30/25 Loan Portfolio Composition as of 6/30/25 SFR - Mainly non-qualified mortgage loans CRE – Loans secured by commercial real estate, including Other multifamily and owner occupied and non-owner occupied CRE 1% C&D – Construction and
Slide 6: Business Line Profile: CRE | C&D
Business Line Profile: CRE | C&D CRE Loans CRE Loans at 6/30/25 ($ in thousands) % $1.27 billion Warehouse and Industrial $ 147,435 11.6% Single Other Hotel/Motel 127,047 10.0% Family Owner 4.2% Occupied Mixed Use 117,270 9.2% 12.1% Retail 95,539 7.5% Other Non-Owner Office 41,010 3.2% Occupied 30.3
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% NJ >70% 2% 5% NorCal 7% 65.01% - 70% <50% 19% 29% $1.60 billion Residential SoCal $486
Slide 8: Business Line Profile: C&I | SBA
Business Line Profile: C&I | SBA C&I Loans SBA Loans C&I and SBA Portfolio ($mm) $138.3 million Shared Nat'l $56.0 million Credits Guaranteed 1.9% 16.0% $50.7 $56.0 Commercial Term $48.1 $47.3 21.0% Unguaranteed Secured by RE 37.1% $135.5 $138.3 $128.9 $129.6 Unguaranteed 504 Loans ⁽¹⁾ Credit Lines
Slide 9: Asset Quality Metrics: Non-Performing Assets
Asset Quality Metrics: Non-Performing Assets (NPAs) 6/30/2025 3/31/2025 NPAs / Total Assets NPA # $ # $ % Change $81,038 ($ in thousands) $ in thousands SFR 2 $ 900 __ $ ___ $60,662 $64,550 $60,987 CRE 5 14,359 5 18,450 C&D 2 35,460 2 35,613 2.03% 1.61% C&I 2 4,820 2 4,820 1.52% 1.49% SBA 5 1,261 6
Slide 10: Asset Quality Metrics: Loan Classifications and Delinquencies
Asset Quality Metrics : Loan Classifications and Delinquencies Special Mention & Substandard Loans Special Mention & Substandard Loans by Type $91,317 $182,336 $935 $91,019 $ in thousands $165,665 $3,859 $ in thousands $157,332 $9,309 $140,651 $91,019 $47,522 $79,831 $100,336 $45,315 $76,372 $91,317
Slide 11: 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 $51.0 $51,932 $51,014 $ in Thousands million at 6/30/25 1.56% 1.65% 1.41% 1.58% $47,729 The ALL decreased $918K during 2Q25 primarily due to net charge-offs of $3
Slide 12: Deposits
Deposits Deposit Mix – QoQ Annualized Total Deposits at 6/30/25 $ in millions +8% +6% -1% $3.18 billion $3,092 $3,084 $3,143 $3,188 Wholesale deposits $692 5.8% $666 $663 $721 $147 $147 $159 $184 Time DDA $808 $828 $871 $920 deposits, 17.1% greater than $250,000 Savings, $927 $883 $864 $848 28.8% NO
Slide 13: Operating Expense & Efficiency
Operating Expense & Efficiency Noninterest Expense Total Revenue & Efficiency Ratio $20.49 $18.52 $17.65 $ in millions $17.42 $2.42 $2.36 65.09% 57.22% $2.46 $2.46 $2.90 61.48% $1.52 $0.96 $1.36 $1.60 $1.71 57.51% $1.47 $1.50 $ in millions $2.41 $2.38 $2.52 $2.40 $35.81 $10.01 $9.93 $10.64 $11.08 $3
Slide 14: Accumulation of Strong Company Capital Ratios
Accumulation of Strong Company Capital Ratios CET1 Capital Ratio Tangible Common Equity Ratio(1) 18.16% 17.94% 17.87% 17.61% The Company's capital levels are higher than 11.13% 11.08% 11.10% 11.07% most peer banks 6.50% 6.50% 6.50% 6.50% Quarterly common stock dividend of $0.16/share, equivalent to
Slide 15: Appendix: Non-GAAP Reconciliations
Appendix: Non-GAAP Reconciliations 15
Slide 16: 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