Ponce Bank Impact Report 2024

Your Neighbor – Ponce Bank

We are: De la comunidad. En la comunidad. Para la comunidad. Of the community. In the community. For the community.

Originally known as Ponce De Leon Federal Savings and Loan Association, Ponce Bank was born in the Bronx in 1960 at a time when most banks had abandoned the community. Our founders, business owners, and community activists, wanted to provide access to capital for the community they were a part of. Today Ponce Bank is a Community Development Financial Institution (CDFI), a Minority-Depository Institution (MDI), SBA Lender and its holding company are publicly traded on the NASDAQ exchange. (Ticker. PDLB)

OUR MISSION AND PURPOSE

At Ponce Bank we help our neighbors prosper by providing banking services, financial education, and community building initiatives and partnerships that allow them to dream and achieve vibrant futures. We’re on a mission to prove that community banking is a powerful engine for social equity. We believe these values pave a path towards prosperity for all our stakeholders, including shareholders, customers, neighbors, and friends.

Median Household Income 3

# Persistent Poverty Tracts 4

OUR COMMUNITY

Poverty Rate 26.95% 18.89% 15.84% 12.25% 14.80% 1

Unemployment Rate 6.9% 5.7% 4.8% 4.7% 4.3% 2

# of Branches

County Bronx County, NY* Kings County, NY* New York County, NY Queens County, NY Hudson County, NJ

4 3 2 3 1

$49,036 $78,548 $104,553 $84,961 $90,032

183/339 201/761 77/288 23/669 17/166

* A CDFI Fund Persistent Poverty County in 2023

TOP RATED

Ponce Bank is consistently ranked in Top 10 out of 194 CDFI banks in the National Community Investment Fund 2024Q3 CDFI Banking Industry Peer Group Report

Ranked #2

#6

for Deposits amongst CDFI Banks in Housing Focus

In Assets, Loans, and Deposits of the largest CDFI Banks with branches located in LMI census tracts In total Loans among all CDFI banks nationwide

1.Estimated percent of all people that are living in poverty as of 2018–2022. PolicyMap (based on data from Census: US Bureau of the Census, American Community Survey). Accessed May 22, 2024. http://www.policymap.com. 2.Unemployment rate in 2023. PolicyMap (based on data from BLS: BLS Local Area Unemployment Statistics, available at http://www.bls.gov/lau/#tables). Accessed June 24, 2024. http://www.policymap.com. 3.Estimated median income of a household, between 2018–2022. PolicyMap (based on data from Census: US Bureau of the Census, American Community Survey). Accessed June 24, 2024. http://www.policymap.com. 4.Concentrated persistent poverty, as of 2019. PolicyMap (based on data from Census, Brown University, and PolicyMap: Data downloaded from https://s4.ad.brown.edu/Projects/Diversity/Researcher/LTDB.htm, June 2023). Accessed May 22, 2024. http://www.policymap.com 5.National Community Investment Fund (NCIF) 2024Q3 CDFI Banking Industry Peer Group Report

Ranked #3 Housing Focus in Total Assets and Loans

In total Assets among all CDFI banks nationwide

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