NASDAQ: NEWT January 29, 2026 Fourth Quarter 2025 Financial Results Conference Call Hosted and Presented by: Barry Sloane, President & CEO Frank M. DeMaria, EVP & CFO Investor Relations Bryce Rowe browe@newtekone.com (212) 273-8292 www.newtekone.com Note Regarding Forward-Looking Statements Certain statements in this presentation and made during this conference call include statements about the plans and future prospects for NewtekOne, Inc and consolidated subsidiaries (the "Company") and our industry that ...

Core Points - First Northwest Bancorp reported a net income of $3.7 million for Q2 2025, a significant recovery from a net loss of $9.0 million in Q1 2025 and a net loss of $2.2 million in Q2 2024 [1] - The Company recorded Adjusted Pre-Tax, Pre-Provision Net Revenue (PPNR) of $2.1 million in Q2 2025, up from $1.5 million in Q1 2025 and $530,000 in Q2 2024 [2][13] - The Board of Directors decided not to declare a dividend for this quarter, focusing on capital management and long-term strategic objectives [3] - The interim CEO highlighted modest improvements in performance measures, including a net interest margin expansion of seven basis points and a 3% annualized growth in loans compared to the previous quarter [5] Financial Performance - Return on average assets increased to 0.68% in Q2 2025 from -1.69% in Q1 2025 [10] - Net interest margin rose to 2.83% in Q2 2025, compared to 2.76% in Q1 2025 [10] - Efficiency ratio improved to 78.0% in Q2 2025 from 113.5% in Q1 2025, aided by a payroll tax credit [10] - Customer deposits increased by $19.6 million to $1.55 billion at June 30, 2025, from $1.53 billion at March 31, 2025 [10] Credit Quality - The allowance for credit losses on loans decreased to $18.4 million at June 30, 2025, from $20.6 million at March 31, 2025 [16] - Nonperforming loans remained stable at $20.4 million, with a decrease in the ACLL to nonperforming loans ratio to 90% from 101% in the previous quarter [17] - Total interest income increased to $27.1 million in Q2 2025, while total interest expense decreased to $12.9 million [18] Capital and Deposits - Total deposits decreased by $11.4 million to $1.65 billion at June 30, 2025, compared to $1.67 billion at March 31, 2025 [26] - Total shareholders' equity rose to $149.7 million at June 30, 2025, due to net income and changes in the fair market values of investment securities [27] - Capital ratios remain strong, with Common Equity Tier 1 and Total Risk-Based Capital Ratios at 12.1% and 13.1%, respectively [28]