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<\/p>\nWASHINGTON, D.C. 20549<\/p>\n
Northpointe Bancshares, Inc.<\/p>\n
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<\/p>\n
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).<\/p>\n
Item 2.02 Results of Operations and Financial Condition.<\/p>\n
On April 21, 2026, Northpointe Bancshares, Inc. (the \u201cCompany\u201d) issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.<\/p>\n
Item 7.01 Regulation FD Disclosure.<\/p>\n
On April 21, 2026, the Company made available supplemental financial information containing additional information about the Company\u2019s financial results for the quarter ended March 31, 2026. A copy of the supplemental financial information is furnished herewith as Exhibit 99.2 and is incorporated herein by reference. <\/p>\n
On April 22, 2026, the Company will host a conference call to discuss financial results for the quarter ended March 31, 2026. <\/p>\n
The information in Item 2.02 and 7.01, including the information incorporated herein from Exhibits 99.1 and 99.2, is furnished and shall not be deemed \u201cfiled\u201d for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.<\/p>\n
Item 9.01. Financial Statements and Exhibits.<\/p>\n
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.<\/p>\n
<\/p>\n
Contacts:<\/p>\n
Kevin Comps, President <\/p>\n
616-974-8491 | kevin.comps@northpointe.com<\/p>\n
Brad Howes, CFO<\/p>\n
616-726-2585 | brad.howes@northpointe.com<\/p>\n
NORTHPOINTE BANCSHARES, INC. REPORTS FIRST QUARTER 2026 RESULTS <\/p>\n
GRAND RAPIDS, MICHIGAN, April 21, 2026 \u2013 Northpointe Bancshares, Inc. (NYSE: NPB) (“Northpointe” or the “Company”), holding company for Northpointe Bank, today reported net income to common stockholders of $21.7 million, or $0.62 per diluted share, for the first quarter of 2026. This compares to $18.4 million, or $0.52 per diluted share, for the fourth quarter of 2025, and $15.0 million, or $0.49 per diluted share, for the first quarter of 2025. <\/p>\n
“We had a solid start to 2026, highlighted by robust growth and continued market share gains in our Mortgage Purchase Program business, along with strong performance in our residential lending channel,” remarked Chuck Williams, Chairman and Chief Executive Officer. “We have continued to deliver consistent financial performance despite the macroeconomic uncertainty and volatility, which is a testament to our resilient business model and exceptional team members. As we look ahead, we believe we are well positioned to continue to support our customers while delivering strong shareholder returns across a wide range of operating environments.”<\/p>\n
First Quarter 2026 Highlights<\/p>\n
\u2022Net income to common stockholders of $21.7 million, up $3.3 million from the prior quarter. <\/p>\n
\u2022Results for the fourth quarter of 2025 included $3.2 million in additional expense, recorded in preferred stock dividends, from unamortized deal issuance costs related to the redemption of Series A preferred stock.<\/p>\n
\u2022Delivered strong financial performance for the quarter, including: <\/p>\n
\u2022Return on average equity of 15.32%, compared to 14.82% in the prior quarter.<\/p>\n
\u2022Return on average tangible common equity of 15.71%, compared to 13.51% in the prior quarter (see non-GAAP reconciliation).<\/p>\n
\u2022Return on average assets of 1.28%, compared to 1.34% in the prior quarter.<\/p>\n
\u2022Efficiency ratio of 54.30%, compared to 51.86% in the prior quarter.<\/p>\n
\u2022Continued to grow the balance sheet, including:<\/p>\n
\u2022Mortgage Purchase Program (“MPP”) balances increased by $435.7 million, or 51% annualized, from the prior quarter. This is net of $412.7 million in balances <\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
2 of 17<\/p>\n
participated to other institutions at period end, which compares to $457.0 million in the prior quarter.<\/p>\n
\u2022First-lien home equity lines which are tied seamlessly to a demand deposit sweep account (the Company commonly refers to these loans as \u201cAll-in-One\u201d or \u201cAIO\u201d loans) balances increased by $28.0 million, or 15% annualized.<\/p>\n
\u2022Total deposits increased by $131.8 million, or 11% annualized.<\/p>\n
\u2022Improvement in asset quality:<\/p>\n
\u2022Net charge-offs decreased by $917,000 from the prior quarter.<\/p>\n
\u2022Non-performing assets decreased by $2.0 million from the prior quarter.<\/p>\n
\u2022Loans past due 31-89 days decreased by $6.5 million from the prior quarter. <\/p>\n
\u2022Wholesale funding ratio decreased to 62.94%, from 64.60% in the prior quarter.<\/p>\n
\u2022Completed private placement of $20.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes.<\/p>\n
\u2022The Company’s Board of Directors declared a regular quarterly cash dividend of $0.025 per share, payable on May 5, 2026, to stockholders of record as of April 15, 2026.<\/p>\n
Net Interest Income<\/p>\n
Net interest income before provision was $41.3 million for the first quarter of 2026, a decrease of $2.2 million compared to the fourth quarter of 2025. The linked quarter decrease reflects a 9 basis point decrease in net interest margin partially offset by a $47.6 million increase in average interest-earning assets. As compared to the first quarter of 2025, net interest income before provision increased by $10.9 million, which was driven primarily by a 7 basis point improvement in net interest margin and a $1.67 billion increase in average interest-earning assets.<\/p>\n
Net interest margin was 2.42% for the first quarter of 2026, a decrease of 9 basis points compared to 2.51% in the fourth quarter of 2025 and an increase of 7 basis points compared to 2.35% in the first quarter of 2025. The linked quarter decrease was driven primarily by lower average yields on loans, which outpaced the decline in average rate paid on interest-bearing liabilities. The increase compared to the prior year quarter was driven primarily by lower average rates paid on interest-bearing deposits. <\/p>\n
Average interest-earning assets at March\u00a031, 2026 increased by $47.6 million from December\u00a031, 2025 and by $1.67 billion compared to March\u00a031, 2025. The increases from both comparable periods reflect the strong growth in MPP and AIO balances, which are the only two portfolios the Company is strategically growing, partially offset by continued run-off in the remainder of the loan portfolio. <\/p>\n
Provision (Benefit) for Credit Losses<\/p>\n
The Company recorded a total provision (benefit) for credit losses (including both loans and unfunded commitments) of $445,000 in the first quarter of 2026, compared to a provision (benefit) of $608,000 in the fourth quarter of 2025 and provision expense of $1.3 million in the first quarter of 2025. The Company’s quarterly provision (benefit) for credit losses reflects net loan charge-offs, along with factors such as loan growth, portfolio mix, reserves on individually evaluated loans, credit migration trends, and changes in the economic forecasts used in the credit models. <\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
3 of 17<\/p>\n
The Company\u2019s allowance for credit losses was $9.7 million at March\u00a031, 2026, $10.4 million at December\u00a031, 2025 and $12.3 million at March\u00a031, 2025. The allowance for credit losses represented 0.15% of loans held for investment at March\u00a031, 2026, 0.17% of loans held for investment at December\u00a031, 2025 and 0.24% of loans held for investment at March\u00a031, 2025. The majority of the growth in the loans held for investment portfolio has come from MPP or AIO balances, with continued run-off in residential mortgage, construction, and other consumer \/ home equity loans, which carry higher average loss rates. In total, at March\u00a031, 2026, residential mortgage, construction, and other consumer \/ home equity loans have decreased by $74.0 million from December\u00a031, 2025 and by $245.4 million from March 31, 2025.<\/p>\n
The total provision (benefit) for credit losses in the first quarter of 2026 reflected net charge-offs of $266,000, and a $735,000 decrease in allowance for credit losses, which was primarily attributable to lower delinquent loans and continued run-off in the construction loan portfolio. The total provision (benefit) in the prior quarter reflected net charge-offs of $1.2 million, and a $2.6 million decrease in allowance for credit losses, which was primarily attributable to an improvement in the economic forecast. The total provision expense for credit losses in the prior year quarter reflected net charge-offs of $260,000, and a $1.1 million increase in allowance for credit losses primarily attributable to continued growth in the portfolio and credit migration trends.<\/p>\n
Non-interest Income<\/p>\n
Non-interest income was $22.1 million for the first quarter of 2026, an increase of $505,000 compared to the fourth quarter of 2025 and a decrease of $728,000 compared to the first quarter of 2025. <\/p>\n
MPP fees, which are driven by total loans funded and participation balances, were $2.0 million for the first quarter of 2026, a slight decrease compared to the fourth quarter of 2025 and an increase of $829,000 compared to the first quarter of 2025. The increase compared to the prior year quarter was driven primarily by higher levels of funded loans, along with higher levels of participations, in the MPP business.<\/p>\n
Loan servicing fees were $3.5 million for the first quarter of 2026, an increase of $2.5 million compared to the fourth quarter of 2025 and an increase of $2.6 million compared to the first quarter of 2025. The increases from both comparable periods reflect changes in the fair value of mortgage servicing rights (“MSRs”) primarily attributable to the movement in market interest rates during the respective periods. <\/p>\n
Net gain on sale of loans was $16.5 million for the first quarter of 2026, compared to $18.3 million for the fourth quarter of 2025 and $18.6 million for the first quarter of 2025. Net gain on sale of loans includes the capitalization of new MSRs, changes in fair value of loans, and gains on the sale of loans. <\/p>\n
The net gain on sale of loans for the first quarter of 2026 included a decrease of $1.2 million from the combined change in fair value of loans held for investment and lender risk account (“LRA”), which are both attributable to changes in market interest rates. Excluding these items (see Net Gain on Sale of Loans table below for a reconciliation), net gain on sale of loans was $17.8 million, up $1.2 million on a comparative basis from the fourth quarter of 2025 and up $2.9 million on a comparative basis from the first quarter of 2025. The increases from both comparable periods reflect higher levels of residential mortgage interest rate lock commitments.<\/p>\n
Other non-interest income (loss) was a net loss of $184,000 for the first quarter of 2026, compared to a net loss of $73,000 for the fourth quarter of 2025 and a gain of $2.0 million for the first quarter of <\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
4 of 17<\/p>\n
2025. The linked quarter decrease was driven primarily by higher net valuation losses on other real estate owned. The decrease compared to the prior year quarter was driven primarily a $2.0 million gain recognized on debt extinguishment in the first quarter of 2025. There was no such gain in the first quarter of 2026.<\/p>\n
Non-interest Expense<\/p>\n
Non-interest expense was $34.4 million for the first quarter of 2026, an increase of $658,000 compared to the fourth quarter of 2025 and an increase of $5.1 million compared to the first quarter of 2025. The linked quarter increase was driven primarily by higher salaries and benefits and the increase compared to the prior year quarter was driven primarily by higher salaries and benefits expense.<\/p>\n
Salaries and benefits expense increased by $1.2 million on a linked quarter basis, and increased by $3.9 million compared to the first quarter of 2025. The linked quarter increase was driven primarily by higher bonus and incentive compensation and the increase compared to the prior year quarter was driven primarily by higher variable compensation on both the MPP business and mortgage production, along with higher bonus and incentive expense and employee benefits.<\/p>\n
Other taxes and insurance decreased by $372,000 on a linked quarter basis, and increased by $450,000 compared to the first quarter of 2025. The changes for both comparable periods were driven primarily by FDIC assessment expense, which fluctuates with changes in assets, wholesale funding mix and utilization of capital.<\/p>\n
Other non-interest expense decreased by $116,000 on a linked quarter basis, and increased by $523,000 compared to the first quarter of 2025. The increase compared to the prior year quarter was driven primarily by additional expenses associated with the Company’s private label outsourcing of its non-specialized mortgage servicing to a scaled sub-servicer. <\/p>\n
Taxes<\/p>\n
Income tax expense for the first quarter of 2026 was $7.3 million, compared to $8.3 million for the fourth quarter of 2025 and $5.3 million for the first quarter of 2025. The Company’s effective tax rate was 24.72% for the first quarter of 2026, compared to 26.04% for the fourth quarter of 2025 and 23.67% for the first quarter of 2025. The effective tax rate for the first quarter of 2026 and fourth quarter of 2025 includes additional income tax expense related to non-deductible compensation tax rules for publicly traded companies.<\/p>\n
Balance Sheet Highlights<\/p>\n
Total assets were $7.40 billion at March\u00a031, 2026, representing an increase of $373.1 million compared to December\u00a031, 2025 and an increase of $1.54 billion compared to March\u00a031, 2025. The increases for both comparable periods were driven primarily by growth in loans. <\/p>\n
Gross loans held for investment were $6.41 billion at March\u00a031, 2026, an increase of $389.7 million, or 26% annualized, compared to December\u00a031, 2025 and an increase of $1.26 billion, or 25%, compared to March\u00a031, 2025. The increases for both comparable periods were driven primarily by growth in MPP balances and AIO loans, which were partially offset by decreases in the remainder of the loans held for investment portfolio. The Company continues to focus on growing these two main portfolios. Outside of these two portfolios, no other significant loans are being added to the loans held for investment portfolio. At March\u00a031, 2026, virtually all of the loan portfolio was comprised of loans collateralized by residential property. <\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
5 of 17<\/p>\n
Loans held for sale totaled $297.2 million at March\u00a031, 2026, compared to $309.2 million at December\u00a031, 2025 and $207.6 million at March\u00a031, 2025, and reflect the timing of closing saleable residential mortgage originations. <\/p>\n
Total deposits were $5.00 billion at March\u00a031, 2026, an increase of $131.8 million, or 11% annualized, compared to December\u00a031, 2025 and an increase of $1.18 billion, or 31%, compared to March\u00a031, 2025. The linked quarter increase was driven primarily by a $267.4 million increase in interest bearing demand deposits, reflecting normal seasonality in custodial deposit balances, as well as higher levels of brokered network deposits. As compared to March\u00a031, 2025, the increase was driven primarily by a higher level of brokered CDs, and growth in the Company’s diversified digital deposit banking platform including two new deposit relationships added during 2025. <\/p>\n
Total borrowings were $1.63 billion at March\u00a031, 2026, an increase of $192.0 million compared to December\u00a031, 2025 and an increase of $260.3 million compared to March\u00a031, 2025. The increases for both comparable periods reflect the Company’s usage of short-term lines of credit to meet liquidity needs.<\/p>\n
Subordinated debentures were $111.9 million at March\u00a031, 2026, an increase of $20.0 million compared to December\u00a031, 2025, reflecting the new Subordinated Notes issued during the first quarter of 2026 (described above). As compared to March\u00a031, 2025, subordinated debentures increased by $87.7 million, reflecting both the Subordinated Notes issued during the first quarter of 2026 and the $70.0 million in aggregate principal amount of a new 7.50% Fixed-to-Floating Rate Subordinated Notes issued during the fourth quarter of 2025. <\/p>\n
Asset Quality<\/p>\n
Net charge-offs were $266,000, or 2 basis points annualized as a percentage of average loans, for the first quarter of 2026. This compares to $1.2 million, or 8 basis points annualized as a percentage of average loans, for the fourth quarter of 2025, and $260,000, or 2 basis points annualized as a percentage of average loans, for the first quarter of 2025. The higher level of net charge-offs in the linked quarter was largely attributable to losses on several mortgage and construction loans.<\/p>\n
A substantial portion of the Company’s non-performing loans are wholly or partially guaranteed by the U.S. Government, so asset quality metrics within this earnings release are shown with and without these guaranteed loans. Non-performing assets were $90.7 million at March\u00a031, 2026 ($63.4 million excluding guaranteed loans), $92.7 million at December\u00a031, 2025 ($64.4 million excluding guaranteed loans) and $87.8 million at March\u00a031, 2025 ($57.7 million excluding guaranteed loans). Non-performing assets represented 1.23% of total assets at March\u00a031, 2026 (0.86% excluding guaranteed loans), 1.32% at December\u00a031, 2025 (0.92% excluding guaranteed loans) and 1.50% at March\u00a031, 2025 (0.99% excluding guaranteed loans). <\/p>\n
Capital<\/p>\n
At March\u00a031, 2026, the estimated capital levels for the Company and its subsidiary bank, Northpointe Bank (the \u201cBank\u201d), remained well in excess of the minimum amounts needed for capital adequacy purposes and the Bank\u2019s capital levels met the necessary requirements to be considered “well-capitalized”. The regulatory capital ratios as of March\u00a031, 2026 are estimates, pending completion and filing of the Bank’s regulatory reports.<\/p>\n
Earnings Presentation and Conference Call<\/p>\n
Northpointe will host its first quarter of 2026 earnings conference call on April 22, 2026 at 10:00 a.m. E.T. During the call, management will discuss the first quarter of 2026 financial results and provide an <\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
6 of 17<\/p>\n
update on recent activities. There will be a live question-and-answer session following the presentation. It is recommended you join 10 minutes prior to the start time. Participants may access the live conference call by dialing 1-877-413-2414 and requesting \u201cNorthpointe Bancshares, Inc. Conference Call\u201d. The conference call will also be webcast live at ir.northpointe.com. An audio archive will be available on the website following the call.<\/p>\n
Forward Looking Statements<\/p>\n
Statements in this earnings release 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 \u201cforward-looking statements\u201d within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical in nature and may be identified by references to a future period or periods by the use of the words \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201coutlook,\u201d or words of similar meaning, or future or conditional verbs such as \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d or \u201cmay.\u201d The forward-looking statements in this earnings release should not be relied on because they are based on current information and on assumptions that we make about future events and circumstances that are subject to a number of known and unknown risks and uncertainties that are often difficult to predict and beyond our control. As a result of those risks and uncertainties, and other factors, our actual financial results in the future could differ, possibly materially, from those expressed in or implied by the forward-looking statements contained in this earnings release and could cause us to amend our future plans. Factors that might cause such differences include, but are not limited to: the impact of current and future economic conditions, particularly those affecting the financial services industry, including the effects of declines in the real estate market, tariffs or trade wars (including reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment rates, inflationary pressures, increasing insurance costs, volatile interest rates, including the impact of changes in interest rates on our financial projections, models and guidance and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing; uncertain duration of trade conflicts; potential impacts of adverse developments in the banking and mortgage industries, including impacts on deposits, liquidity and the regulatory rules and regulations; risks arising from media coverage of the banking and mortgage industries; risks arising from perceived instability in the banking and mortgage sectors; changes in the interest rate environment, including changes to the federal funds rate, which could have an adverse effect on the Company\u2019s profitability; changes in prices, values and sales volumes of residential real estate; developments in our mortgage banking business, including loan modifications, general demand, and the effects of judicial or regulatory requirements or guidance; competition in our markets that may result in increased funding costs or reduced earning assets yields, thus reducing margins and net interest income; legislation or regulatory changes which could adversely affect the ability of the consolidated Company to conduct business combinations or new operations; changes in tax laws; significant turbulence or a disruption in the capital or financial markets and the effect of a fall in stock market prices on our investment securities; significant volatility in the markets for equity, fixed income and other asset classes globally or within specific markets; the ability to keep pace with technological changes, including changes regarding maintaining cybersecurity and managing the risks, regulatory uncertainty and operational impacts associated with generative artificial intelligence; increased competition in the financial services industry, particularly from regional and national institutions as well as fintech companies and other non-bank financial service providers offering digital, automated or alternative financial products and services; the impact of a failure in, or breach <\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
7 of 17<\/p>\n
of, the Company’s operational or security systems or infrastructure, or those of third parties with whom the Company does business, including as a result of cyber-attacks or an increase in the incidence or severity of fraud, illegal payments, security breaches or other illegal acts impacting the Company or the Company’s customers; the effects of war or other conflicts, including the ongoing conflicts in the Middle East; major political shifts domestically or internationally (including the potential for retaliatory actions by governments, market participants or clients based on diverging perspectives or otherwise and, separately, the recent shutdown of the U.S. federal government); and adverse results from current or future litigation, regulatory examinations or other legal and\/or regulatory actions, including as a result of the Company\u2019s participation in and execution of government programs, and legislative, regulatory or supervisory actions related to so\u2011called \u201cde\u2011banking,\u201d including any new prohibitions, requirements or enforcement priorities that could affect customer relationships, compliance obligations, or operational practices. <\/p>\n
Therefore, the Company can give no assurance that the results contemplated in the forward-looking statements will be realized. Additional information regarding these and other risks and uncertainties to which our business and future financial performance are subject is contained in the sections titled \u201cCautionary Note Regarding Forward-Looking Statements\u201d and \u201cRisk Factors\u201d in the Company\u2019s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q on file with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d), and in other documents that we file with the SEC from time to time, which are available on the SEC\u2019s website, http:\/\/www.sec.gov. Due to these and other possible uncertainties and risks, readers are cautioned not to place undue reliance on the forward-looking statements contained in this earnings release or to make predictions based solely on historical financial performance. Any forward-looking statement speaks only as of the date on which it is made, and we do not undertake any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. All forward-looking statements, express or implied, included in this earnings release are qualified in their entirety by this cautionary statement.<\/p>\n
About Northpointe<\/p>\n
Headquartered in Grand Rapids, Michigan, Northpointe Bancshares, Inc. is the holding company of Northpointe Bank, a client-focused company that provides home loans and retail banking products to communities across the nation. Our mission is to be the best bank in America by bringing value and innovation to the people we serve. To learn more visit www.northpointe.com.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
8 of 17<\/p>\n
NORTHPOINTE BANCSHARES, INC.(unaudited, dollars in thousands except per share data)Consolidated Statements of IncomeThree Months EndedMar 31,
2026Dec 31,
2025Mar 31,
2025Interest incomeLoans – including fees$94,913\u00a0$98,862\u00a0$72,071\u00a0Investment securities – taxable57\u00a064\u00a0154\u00a0Federal Home Loan Bank (“FHLB”) stock – taxable1,745\u00a01,726\u00a01,629\u00a0Interest bearing deposits4,788\u00a05,471\u00a05,296\u00a0Total interest income101,503\u00a0106,123\u00a079,150\u00a0Interest expenseDeposits44,455\u00a048,678\u00a036,310\u00a0Subordinated debentures2,102\u00a0894\u00a0887\u00a0Borrowings13,673\u00a013,054\u00a011,564\u00a0Total interest expense60,230\u00a062,626\u00a048,761\u00a0Net interest income41,273\u00a043,497\u00a030,389\u00a0Provision (benefit) for credit losses(469)(632)1,385\u00a0Provision (benefit) for unfunded commitments24\u00a024\u00a0(90)Net interest income after provision (benefit) for credit losses41,718\u00a044,105\u00a029,094\u00a0Non-Interest IncomeService charges on deposits and fees264\u00a0255\u00a0180\u00a0Loan servicing fees3,548\u00a01,082\u00a0995\u00a0MPP fees1,970\u00a02,070\u00a01,141\u00a0Net gain on sale of loans16,547\u00a018,306\u00a018,587\u00a0Other non-interest income (loss)(184)(73)1,970\u00a0Total Non-Interest Income22,145\u00a021,640\u00a022,873\u00a0Non-Interest ExpenseSalaries and benefits24,353\u00a023,159\u00a020,443\u00a0Occupancy and equipment820\u00a0747\u00a0972\u00a0Data processing expense2,349\u00a02,275\u00a02,107\u00a0Professional fees1,318\u00a01,513\u00a01,228\u00a0Other taxes and insurance2,237\u00a02,609\u00a01,787\u00a0Other non-interest expense3,358\u00a03,474\u00a02,835\u00a0Total Non-Interest Expense34,435\u00a033,777\u00a029,372\u00a0Income before income taxes29,428\u00a031,968\u00a022,595\u00a0Income tax expense7,274\u00a08,325\u00a05,348\u00a0Net Income$22,154\u00a0$23,643\u00a0$17,247\u00a0Preferred stock dividends453\u00a05,247\u00a02,206\u00a0Net Income Available To Common Stockholders$21,701\u00a0$18,396\u00a0$15,041\u00a0Basic Earnings Per Share$0.63\u00a0$0.53\u00a0$0.50\u00a0Diluted Earnings Per Share$0.62\u00a0$0.52\u00a0$0.49\u00a0Weighted Average Shares Outstanding34,702,24634,619,17529,871,001Diluted Weighted Average Shares Outstanding35,260,80635,092,15330,448,848<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
9 of 17<\/p>\n
NORTHPOINTE BANCSHARES, INC.(unaudited, dollars in thousands except per share data)Consolidated Balance SheetsMar 31,
2026Dec 31,
2025Mar 31,
2025AssetsCash and cash equivalents$487,617\u00a0$496,459\u00a0$321,499\u00a0Equity securities1,339\u00a01,347\u00a01,325\u00a0Debt securities available for sale4,884\u00a04,738\u00a08,594\u00a0FHLB stock80,109\u00a080,109\u00a069,574\u00a0Loans held for sale (“HFS”), at fair value297,243\u00a0309,213\u00a0207,633\u00a0<\/p>\n
Loans held for investment (“HFI”) (1)<\/p>\n
6,411,197\u00a06,021,527\u00a05,147,170\u00a0Allowance for credit losses(9,700)(10,435)(12,315)Net loans6,401,497\u00a06,011,092\u00a05,134,855\u00a0Mortgage servicing rights20,608\u00a017,048\u00a015,492\u00a0Intangible assets, net1,367\u00a01,513\u00a01,953\u00a0Premises and equipment27,394\u00a027,571\u00a026,952\u00a0Other assets73,819\u00a073,735\u00a071,778\u00a0Total Assets$7,395,877\u00a0$7,022,825\u00a0$5,859,655\u00a0LiabilitiesNon-interest-bearing$277,239\u00a0$275,974\u00a0$232,571\u00a0Interest-bearing4,724,178\u00a04,593,693\u00a03,590,051\u00a0Total Deposits5,001,417\u00a04,869,667\u00a03,822,622\u00a0Borrowings1,631,496\u00a01,439,500\u00a01,371,158\u00a0Subordinated debentures111,872\u00a091,915\u00a024,159\u00a0Subordinated debentures issued through trusts5,000\u00a05,000\u00a05,000\u00a0Deferred tax liability4,110\u00a03,786\u00a02,930\u00a0Other liabilities51,989\u00a043,915\u00a047,264\u00a0Total Liabilities6,805,884\u00a06,453,783\u00a05,273,133\u00a0Stockholders’ EquityPreferred stock, Common stock and Additional paid in capital204,875\u00a0204,875\u00a0276,465\u00a0Retained earnings385,206\u00a0364,366\u00a0310,367\u00a0Accumulated other comprehensive loss(88)(199)(310)Total Stockholders’ Equity 589,993\u00a0569,042\u00a0586,522\u00a0Total Liabilities and Stockholders’ Equity$7,395,877\u00a0$7,022,825\u00a0$5,859,655\u00a0(1) Includes $173.9 million, $178.6 million and $174.3 million of loans carried at fair value at March 31, 2026, December 31, 2025 and March 31, 2025, respectively.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
10 of 17<\/p>\n
NORTHPOINTE BANCSHARES, INC.(unaudited, dollars in thousands except per share data)Selected Financial HighlightsThree Months EndedMar 31,
2026Dec 31,
2025Mar 31,
2025PER COMMON SHAREDiluted earnings per share$0.62\u00a0$0.52\u00a0$0.49\u00a0Book value$17.10\u00a0$16.50\u00a0$17.09\u00a0<\/p>\n
Tangible book value (1)<\/p>\n
$16.35\u00a0$15.74\u00a0$14.17\u00a0PERFORMANCE RATIOSReturn on average assets (annualized)1.28\u00a0%1.34\u00a0%1.31\u00a0%Return on average equity (annualized)15.32\u00a0%14.82\u00a0%13.17\u00a0%<\/p>\n
Return on average tangible common equity (annualized) (1)<\/p>\n
15.71\u00a0%13.51\u00a0%14.32\u00a0%Net interest margin2.42\u00a0%2.51\u00a0%2.35\u00a0%<\/p>\n
Efficiency ratio (2)<\/p>\n
54.30\u00a0%51.86\u00a0%55.15\u00a0%ASSET QUALITY AND RATIOSAllowance for credit losses to loans HFI0.15\u00a0%0.17\u00a0%0.24\u00a0%Allowance for credit losses to loans HFI (excluding fair value loans)0.16\u00a0%0.18\u00a0%0.25\u00a0%Allowance for credit losses to non-accrual loans12.07\u00a0%12.72\u00a0%16.05\u00a0%<\/p>\n
Allowance for credit losses to non-accrual loans (excluding guaranteed) (3)<\/p>\n
17.67\u00a0%18.53\u00a0%26.07\u00a0%Net charge-offs$266\u00a0$1,183\u00a0$260\u00a0Annualized net charge-offs to average loans0.02\u00a0%0.08\u00a0%0.02\u00a0%Non-performing assets to total assets1.23\u00a0%1.32\u00a0%1.50\u00a0%<\/p>\n
Non-performing assets to total assets (excluding guaranteed) (3)<\/p>\n
0.86\u00a0%0.92\u00a0%0.99\u00a0%Non-performing loans to total gross loans1.30\u00a0%1.44\u00a0%1.62\u00a0%<\/p>\n
Non-performing loans to total gross loans (excluding guaranteed) (3)<\/p>\n
0.90\u00a0%0.99\u00a0%1.07\u00a0%SELECTED OTHER INFORMATIONEquity \/ assets7.98\u00a0%8.10\u00a0%10.01\u00a0%<\/p>\n
Tangible common equity \/ tangible assets (1)<\/p>\n
7.63\u00a0%7.73\u00a0%8.30\u00a0%<\/p>\n
Loans \/ deposits (4)<\/p>\n
128.19\u00a0%123.65\u00a0%134.65\u00a0%<\/p>\n
Liquidity ratio (5)<\/p>\n
6.59\u00a0%7.07\u00a0%5.49\u00a0%<\/p>\n
Wholesale funding ratio (6)<\/p>\n
62.94\u00a0%64.60\u00a0%66.59\u00a0%SELECTED MORTGAGE DATAResidential mortgage originations$693,674$762,042$485,505Residential mortgage interest rate lock commitments$901,682$808,323$729,436Residential mortgage applications$1,073,628$1,073,480$1,073,737MPP total loans funded$11,163,102$11,370,184$6,744,117MPP balances participated (period end)$412,693$457,030$8,428<\/p>\n
Total loans serviced for others (UPB) (7)<\/p>\n
$5,231,083$4,938,428$3,713,874\u00a0\u00a0\u00a0Loans serviced for others (UPB)$1,948,505$1,840,948$1,491,635\u00a0\u00a0\u00a0Loans sub-serviced for others (UPB)$3,282,578$3,097,480$2,222,239<\/p>\n
(1)See non-GAAP reconciliation.<\/p>\n
(2)Efficiency ratio is defined as non-interest expense divided by the sum of net interest income and non-interest income.<\/p>\n
(3)Ratio excludes non-performing loans wholly or partially insured by the U.S. Government (see non-performing asset table within for more detail).<\/p>\n
(4)Loan \/ deposits ratio reflects loans HFI as a percentage of total deposits.<\/p>\n
(5)Liquidity ratio defined as cash and cash equivalents divided by total assets.<\/p>\n
(6)Wholesale funding ratio defined as brokered CDs plus borrowings divided by total deposits plus borrowings.<\/p>\n
(7)Excludes UPB of loans HFI and loans HFS.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
11 of 17<\/p>\n
Summary Average Balance Sheet(Dollars in thousands)Three Months EndedThree Months EndedThree Months EndedMarch 31, 2026December 31, 2025March 31, 2025Average Principal BalanceIncome\/ ExpenseYield\/ RateAverage Principal BalanceIncome\/ ExpenseYield\/ RateAverage Principal BalanceIncome\/ ExpenseYield\/ RateAssets<\/p>\n
Loans (1)(2)<\/p>\n
$6,297,404\u00a0$94,913\u00a06.11\u00a0%$6,226,182\u00a0$98,862\u00a06.30\u00a0%$4,672,435\u00a0$72,071\u00a06.26\u00a0%<\/p>\n
Securities, AFS (3)<\/p>\n
6,199\u00a057\u00a03.73\u00a0%6,114\u00a064\u00a04.15\u00a0%9,909\u00a0154\u00a06.30\u00a0%Securities, FHLB Stock80,109\u00a01,745\u00a08.83\u00a0%80,109\u00a01,726\u00a08.55\u00a0%69,574\u00a01,629\u00a09.50\u00a0%Interest bearing deposits527,962\u00a04,788\u00a03.68\u00a0%551,706\u00a05,471\u00a03.93\u00a0%487,180\u00a05,296\u00a04.41\u00a0%Total Interest Earning Assets6,911,674\u00a0101,503\u00a05.96\u00a0%6,864,111\u00a0106,123\u00a06.13\u00a0%5,239,098\u00a079,150\u00a06.13\u00a0%<\/p>\n
Noninterest Earning Assets (4)<\/p>\n
110,236\u00a0114,353\u00a0108,804\u00a0Total Assets$7,021,910\u00a0$6,978,464\u00a0$5,347,902\u00a0LiabilitiesDeposits:Transaction accounts$1,121,322\u00a0$10,912\u00a03.95\u00a0%$943,118\u00a0$9,923\u00a04.17\u00a0%$739,709\u00a0$7,990\u00a04.38\u00a0%Savings & money market534,564\u00a04,614\u00a03.50\u00a0%525,180\u00a04,849\u00a03.66\u00a0%337,124\u00a03,250\u00a03.91\u00a0%Time2,939,195\u00a028,929\u00a03.99\u00a0%3,191,539\u00a033,906\u00a04.21\u00a0%2,254,388\u00a025,070\u00a04.51\u00a0%Total interest-bearing deposits4,595,081\u00a044,455\u00a03.92\u00a0%4,659,837\u00a048,678\u00a04.14\u00a0%3,331,221\u00a036,310\u00a04.42\u00a0%Sub Debt101,378\u00a02,102\u00a08.41\u00a0%46,349\u00a0894\u00a07.65\u00a0%29,142\u00a0887\u00a012.34\u00a0%Borrowings1,401,300\u00a013,673\u00a03.96\u00a0%1,297,421\u00a013,054\u00a03.99\u00a0%1,210,086\u00a011,564\u00a03.88\u00a0%Total interest-bearing liabilities6,097,759\u00a060,230\u00a04.01\u00a0%6,003,607\u00a062,626\u00a04.14\u00a0%4,570,449\u00a048,761\u00a04.33\u00a0%Noninterest-bearing deposits292,437\u00a0289,448\u00a0207,166\u00a0Other noninterest-bearing liabilities45,273\u00a052,564\u00a039,128\u00a0Total noninterest-bearing liabilities337,710\u00a0342,012\u00a0246,294\u00a0Equity586,441\u00a0632,845\u00a0531,159\u00a0$7,021,910\u00a0$6,978,464\u00a0$5,347,902\u00a0Net Interest Income$41,273\u00a0$43,497\u00a0$30,389\u00a0<\/p>\n
Net Interest Spread (5)<\/p>\n
1.95\u00a0%2.00\u00a0%1.80\u00a0%<\/p>\n
Net Interest Margin (6)<\/p>\n
2.42\u00a0%2.51\u00a0%2.35\u00a0%<\/p>\n
(1)\u00a0\u00a0\u00a0\u00a0Loan balance includes loans HFI and loans HFS. Nonaccrual loans are included in total loan balances and no adjustment has been made for these loans in the yield calculation. Interest income on loans includes amortization of deferred loan fees, net of deferred loan costs.<\/p>\n
(2)\u00a0\u00a0\u00a0\u00a0Loan fees of $74,000, $30,000, and $40,000 for the quarters ended March 31, 2026, December 31, 2025 and March 31, 2025, respectively, are included in interest income.<\/p>\n
(3)\u00a0\u00a0\u00a0\u00a0Average yield based on carrying value and there are no tax-exempt securities in the portfolio.<\/p>\n
(4)\u00a0\u00a0\u00a0\u00a0Noninterest-earning assets includes the allowance for credit losses.<\/p>\n
(5)\u00a0\u00a0\u00a0\u00a0Net interest spread is the average yield on total interest-earning assets minus the average rate on total interest-bearing liabilities.<\/p>\n
(6)\u00a0\u00a0\u00a0\u00a0Net interest margin is annualized net interest income divided by total average interest-earning assets.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
12 of 17<\/p>\n
End of Period Loan Balances(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Residential:Construction$11,008\u00a0$17,430\u00a0$40,995\u00a0All-in-One (AIO)760,550\u00a0732,583\u00a0643,180\u00a0Other Consumer\/Home Equity50,208\u00a055,550\u00a094,060\u00a0<\/p>\n
Residential Mortgage (1)<\/p>\n
1,728,291\u00a01,775,507\u00a01,899,823\u00a0Commercial477\u00a015,521\u00a0900\u00a0MPP3,860,663\u00a03,424,936\u00a02,468,212\u00a0Total Loans HFI6,411,197\u00a06,021,527\u00a05,147,170\u00a0Total Loans HFS297,243\u00a0309,213\u00a0207,633\u00a0Total Gross Loans (HFI and HFS)$6,708,440\u00a0$6,330,740\u00a0$5,354,803\u00a0(1) Residential Mortgage loans consist of Closed end first liens, Closed end second liens, and Land development loans.End of Period Deposit Balances(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Noninterest-bearing demand$277,239\u00a0$275,974\u00a0$232,571\u00a0Interest-bearing demand1,299,693\u00a01,032,333\u00a0756,160\u00a0Savings & money market510,807\u00a0555,255\u00a0335,473\u00a0Brokered time deposits2,543,511\u00a02,636,443\u00a02,087,330\u00a0Other time deposits370,167\u00a0369,662\u00a0411,088\u00a0Total deposits$5,001,417\u00a0$4,869,667\u00a0$3,822,622\u00a0Loan Servicing FeesThree Months Ended(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Fees on servicing$2,226\u00a0$2,183\u00a0$1,702\u00a0<\/p>\n
Change in fair value of MSRs (1)<\/p>\n
1,322\u00a0(1,101)(707)Total loan servicing fees$3,548\u00a0$1,082\u00a0$995\u00a0(1) Includes change in fair value and paid in full MSRs.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
13 of 17<\/p>\n
Net Gain on Sale of LoansThree Months Ended(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Capitalized MSRs$2,238\u00a0$1,385\u00a0$1,066\u00a0<\/p>\n
Change in fair value of loans (1)<\/p>\n
(3,524)1,294\u00a04,678\u00a0<\/p>\n
Gain (loss) on sale of portfolio loans (2)<\/p>\n
\u2014\u00a0\u2014\u00a0\u2014\u00a0<\/p>\n
Gain on sale of loans, net (3)<\/p>\n
17,833\u00a015,627\u00a012,843\u00a0Total net gain on sale of loans$16,547\u00a0$18,306\u00a0$18,587\u00a0Total net gain on sale of loans$16,547\u00a0$18,306\u00a0$18,587\u00a0Exclude: change in fair value of loans HFI and LRA1,221\u00a0(1,694)(3,697)Exclude: (Gain) loss on sale of portfolio loans\u2014\u00a0\u2014\u00a0\u2014\u00a0Total net gain on sale of loans, excluding portfolio sales and LRA \/ HFI fair value adjustments$17,768\u00a0$16,612\u00a0$14,890\u00a0(1) Includes the change in fair value of interest rate locks, loans HFS, and loans HFI.(2) Includes proceeds from portfolio loans sales, which are netted against any associated changes in fair value of loans to determine total gain or loss on sale.(3) Includes (a) net premium on sale of loans, (b) loan origination fees, points and costs, (c) provision from investor reserves, (d) gain or loss from forward commitments from hedging, and (e) fair value of LRA. Salaries and employee benefitsThree Months Ended(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Salaries and other compensation$10,061\u00a0$9,759\u00a0$8,607\u00a0Salary deferral from loan origination(1,061)(1,218)(969)Bonus and incentive compensation4,600\u00a03,364\u00a03,642\u00a0Mortgage production – variable compensation7,041\u00a07,803\u00a06,059\u00a0Employee benefits3,712\u00a03,451\u00a03,104\u00a0Total salaries and employee benefits$24,353\u00a0$23,159\u00a0$20,443\u00a0<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
14 of 17<\/p>\n
Non-performing Assets(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Unguaranteed$54,902$56,306$47,239Wholly or partially guaranteed25,46025,70829,492\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Total non-accrual loans$80,362$82,014$76,731Unguaranteed$5,146$6,397$9,612Wholly or partially guaranteed1,8522,554605\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Total past due loans (90 days or more and still accruing)$6,998$8,951$10,217Unguaranteed$60,048$62,703$56,851Wholly or partially guaranteed27,31228,26230,097Total non-performing loans$87,360$90,965$86,948Other real estate owned$3,355$1,720$873Total non-performing assets$90,715$92,685$87,821Total non-performing assets (excl wholly or partially guaranteed)$63,403$64,423$57,724Loans past due 31-89 days$34,639$41,129$46,418Ratios:Non-accrual loans to total gross loans1.20\u00a0%1.30\u00a0%1.43\u00a0%Non-performing loans to total gross loans1.30\u00a0%1.44\u00a0%1.62\u00a0%Non-performing assets to total assets1.23\u00a0%1.32\u00a0%1.50\u00a0%Ratios excluding loans wholly or partially guaranteed:
Non-accrual loans to total gross loans0.82\u00a0%0.89\u00a0%0.88\u00a0%Non-performing loans to total gross loans0.90\u00a0%0.99\u00a0%1.07\u00a0%Non-performing assets to total assets0.86\u00a0%0.92\u00a0%0.99\u00a0%<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
15 of 17<\/p>\n
Regulatory Capital Ratios (1)<\/p>\n
Mar 31, 2026
RatioDec 31, 2025
RatioMar 31, 2025
RatioTotal Capital (to Risk Weighted Assets)Consolidated11.44\u00a0%11.47\u00a0%12.74\u00a0%Bank11.05\u00a0%11.35\u00a0%12.16\u00a0%Tier 1 (Core) Capital (to Risk Weighted Assets)Consolidated9.45\u00a0%9.72\u00a0%12.02\u00a0%Bank10.89\u00a0%11.21\u00a0%11.95\u00a0%CET 1 Capital Ratio (to Risk Weighted Assets)Consolidated8.97\u00a0%9.21\u00a0%9.92\u00a0%Bank10.89\u00a0%11.21\u00a0%11.95\u00a0%Tier 1 Capital (to Average Assets)Consolidated8.46\u00a0%8.24\u00a0%11.07\u00a0%Bank9.75\u00a0%9.50\u00a0%11.01\u00a0%(1) The regulatory capital ratios as of March 31, 2026 are estimates, pending completion and filing of the Bank’s regulatory reports.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
16 of 17<\/p>\n
Non-GAAP Financial Measures<\/p>\n
This earnings release contains certain financial measures that are not measures recognized under U.S. generally accepted accounting principles (\u201cGAAP\u201d) and therefore are considered non-GAAP financial measures. The measures entitled tangible common equity, tangible book value, tangible assets, tangible common equity to tangible assets and return on average tangible common equity are not measures recognized under GAAP and therefore are considered non-GAAP financial measures. The most comparable GAAP measures to these measures are stockholders\u2019 equity, book value per share, total assets, equity to assets and return on average equity, respectively.<\/p>\n
The Company believes that non-GAAP financial measures provide useful information to management and investors that is supplementary to its financial condition, results of operations and cash flows computed in accordance with GAAP; however the Company acknowledges that the non-GAAP financial measures have inherent limitations. As such, these disclosures should not be viewed as a substitute for results determined in accordance with GAAP, and these disclosures are not necessarily comparable to non-GAAP financial measures that other companies use.<\/p>\n
The Company calculates tangible common equity as stockholders’ equity less goodwill and intangible assets (net of deferred tax liability (“DTL”)) and preferred stock. The Company calculates tangible book value (“TBV”) per share as tangible common equity divided by the number of shares of common stock outstanding at the end of the relevant period. The Company calculates tangible assets as total assets less intangible assets (net of DTL). The Company calculates tangible common equity\/tangible assets as tangible common equity divided by tangible assets. The Company calculates return on average tangible common equity as annualized net income available to common stockholders divided by average tangible equity. The most directly comparable GAAP financial measures are outlined in the non-GAAP reconciliation table below.<\/p>\n
Northpointe Bancshares, Inc. Reports First Quarter 2026 Results<\/p>\n
April 21, 2026<\/p>\n
17 of 17<\/p>\n
Non-GAAP Measures ReconciliationAs of or for the Three Months Ended(Dollars in thousands)Mar 31,
2026Dec 31,
2025Mar 31,
2025Stockholders’ equity (GAAP)$589,993\u00a0$569,042\u00a0$586,522\u00a0Less: Preferred stock24,979\u00a024,979\u00a098,734\u00a0Less: Intangible assets, net of DTL1,029\u00a01,148\u00a01,489\u00a0Tangible common equity563,985\u00a0542,915\u00a0486,299\u00a0Common shares at end of period34,494,116\u00a034,494,116\u00a034,315,099\u00a0Tangible book value per share$16.35\u00a0$15.74\u00a0$14.17\u00a0Book value per share (GAAP)$17.10\u00a0$16.50\u00a0$17.09\u00a0Total assets (GAAP)$7,395,877\u00a0$7,022,825\u00a0$5,859,655\u00a0Less: Intangible assets, net of DTL1,029\u00a01,148\u00a01,490\u00a0Tangible assets$7,394,848\u00a0$7,021,677\u00a0$5,858,165\u00a0Tangible common equity\/tangible assets7.63\u00a0%7.73\u00a0%8.30\u00a0%Equity to assets (GAAP)7.98\u00a0%8.10\u00a0%10.01\u00a0%Net income$22,154\u00a0$23,643\u00a0$17,247\u00a0Less: Preferred stock dividends453\u00a05,247\u00a02,206\u00a0Net income available to common stockholders21,701\u00a018,396\u00a015,041\u00a0Annualized net income available to common stockholders88,010\u00a072,984\u00a061,000\u00a0Average tangible common equity560,361\u00a0540,307\u00a0426,075\u00a0Return on average tangible common equity15.71\u00a0%13.51\u00a0%14.32\u00a0%Annualized net income89,847\u00a093,801\u00a069,946\u00a0Average equity586,441\u00a0632,843\u00a0531,159\u00a0Return on average equity (GAAP)15.32\u00a0%14.82\u00a0%13.17\u00a0%<\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON, D.C. 20549 Northpointe Bancshares, Inc. Check the appropriate box below if the Form 8-K filing is intended…\n","protected":false},"author":2,"featured_media":682790,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2302],"tags":[5,86384,86383,83218,86382,2353,10694,2352,86381,86380,86386,86385],"class_list":{"0":"post-682789","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-npb","8":"tag-baseball","9":"tag-deposits","10":"tag-loan-growth","11":"tag-mortgage-banking","12":"tag-net-income","13":"tag-nippon-professional-baseball","14":"tag-northpointe-bancshares","15":"tag-npb","16":"tag-q1-2026-earnings","17":"tag-quarterly-results","18":"tag-roa","19":"tag-roe"},"share_on_mastodon":{"url":"https:\/\/channels.im\/@mlb\/116467681874377276","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/posts\/682789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/comments?post=682789"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/posts\/682789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/media\/682790"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/media?parent=682789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/categories?post=682789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/mlb\/wp-json\/wp\/v2\/tags?post=682789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}