Core Insights - RBB Bancorp reported a strong financial performance for the fourth quarter of 2025, with net income of $10.2 million, or $0.59 per diluted share, matching the prior quarter and more than doubling year-ago results [4][7] - The bank experienced a 13% increase in net interest income for the full year, reaching $112 million, supported by loan growth and a decline in funding costs [1] - Management highlighted a significant improvement in asset quality, with non-performing loans decreasing by 45% and non-performing assets falling by 34% [6][15] Financial Performance - Fourth-quarter pre-tax, pre-provision income was $2.3 million, up 21% from the fourth quarter of 2024, with net interest margin improving to 2.99% [3][7] - Deposits rose 8.6% year-over-year, with a notable increase in interest-bearing non-maturity deposits, which supported loan growth [5][11] - The bank's tangible book value increased by 7.8% to $26.42, and over $25 million was returned to shareholders through dividends and share repurchases [5][20] Loan Growth and Credit Quality - Loans grew by 8.6% in 2025, with originations totaling $713 million, a 32% increase from 2024 [6][8] - The bank's loan pipeline remains healthy, and management expects continued high single-digit growth in 2026 [8] - Credit quality improved significantly, with management noting that 90% of non-performing loans are concentrated in four relationships, three of which are making payments under agreements [16] Deposits and Funding Costs - The average rate on interest-bearing deposits declined by 55 basis points from the fourth quarter of 2024, but competition for deposits has increased [12][14] - Management expects some repricing opportunities as a significant portion of the bank's CDs mature within the next 12 months [14] - Total deposits declined in the fourth quarter due to a decrease in brokered deposits, partially offset by an increase in retail deposits [13] Expenses and Capital Management - Non-interest income declined by $486,000 sequentially, while non-interest expenses rose by $282,000 due to year-end accruals [17][18] - The effective tax rate fell by 330 basis points compared to the third quarter, with expectations for an effective tax rate between 27% and 28% for 2026 [19] - The company is evaluating its capital structure, including potential changes to its subordinated debt and increased share repurchases after addressing debt structure [21][22]

As filed with the Securities and Exchange Commission on October 2, 2023 Registration No. 333-272567 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 PRE-EFFECTIVE AMENDMENT NO. 5 TO THE FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NB Bancorp, Inc. Needham Bank 401(k) Plan (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classification Code Number) Iden ...

Large accelerated filer ¨ Accelerated filer ¨ As filed with the Securities and Exchange Commission on June 9, 2023 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 NB Bancorp, Inc. Needham Bank 401(k) Plan (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of (Primary Standard Industrial (I.R.S. Employer Incorporation or Organization) Classification Code Number) Iden ...