# EDGAR Filing Document

**Accession Number:** 0001769617
**File Stem:** 0001558370-25-009542
**Filing Date:** 2025-7
**Character Count:** 85737
**Document Hash:** d0b5418fecb03a6d84fcf86b9a6e922f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001558370-25-009542.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001558370-25-009542

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 33

**CONFORMED PERIOD OF REPORT**: 20250724

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HarborOne Bancorp, Inc.
- **CENTRAL INDEX KEY:** 0001769617
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38955
- **FILM NUMBER:** 251147137

**BUSINESS ADDRESS:**
- **STREET 1:** 770 OAK STREET
- **CITY:** BROCKTON
- **STATE:** MA
- **ZIP:** 02301
- **BUSINESS PHONE:** 508-895-1000

**MAIL ADDRESS:**
- **STREET 1:** 770 OAK STREET
- **CITY:** BROCKTON
- **STATE:** MA
- **ZIP:** 02301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HarborOne Bancorp, Inc./NEW
- **DATE OF NAME CHANGE:** 20190815

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HarborOne NorthEast Bancorp, Inc.
- **DATE OF NAME CHANGE:** 20190304

?xml version='1.0' encoding='ASCII'?

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

#### WASHINGTON, D.C. 20549
**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of Earliest Event Reported): **July 24, 2025**

**HarborOne Bancorp, Inc.**

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **Massachusetts** | **001-38955** | **81-1607465** |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification Number |

---

**770 Oak Street, Brockton, Massachusetts 02301**

(Address of principal executive offices)

**(508) 895-1000**

(Registrant's telephone number, including area code)

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:

**☐**Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

**☐**Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

**☐**Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

**☐**Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company **☐**

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. **☐**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Title of each Class** | &nbsp;&nbsp;**Trading Symbol** | &nbsp;&nbsp;**Name of each exchange on which registered** |
| &nbsp;&nbsp;**Common Stock, $0.01 par value** | &nbsp;&nbsp;**HONE** | &nbsp;&nbsp;**The NASDAQ Stock Market, LLC** |

---

------

---

| | |
|:---|:---|
| **Item 2.02** | **Results of Operations and Financial Condition** |

---

On July 24, 2025, HarborOne Bancorp, Inc. (the "Company"), the holding company for HarborOne Bank, issued a press release announcing its financial results for the quarter ended June 30, 2025. The Company's press release is included as Exhibit 99.1 to this report.

The information set forth in this Item 2.02 and in the attached Exhibit 99.1 is deemed to be "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section.

---

| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure** |

---

The Company has prepared an investor presentation about the Company's operations and performance that management intends to use from time to time on and after July 24, 2025. The investor presentation is attached as Exhibit 99.2 to this report.

The information set forth in this Item 7.01 and in the attached Exhibit 99.2 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section.

#### Item 9.01 Financial Statements and Exhibits
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Exhibits

---

| | |
|:---|:---|
| **Number** | **Description** |
| 99.1 | [Press release dated July 24, 2025](hone-20250724xex99d1.htm) |
| 99.2 | [Investor Presentation](hone-20250724xex99d2.htm) |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) |

---

#### EXHIBIT INDEX

---

| | |
|:---|:---|
| **Number** | **Description** |
| 99.1 | [Press release dated July 24, 2025](hone-20250724xex99d1.htm) |
| 99.2 | [Investor Presentation](hone-20250724xex99d2.htm) |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) |

---

#### SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.

---

| | | |
|:---|:---|:---|
| 3<br>|  |  |
|  | **HARBORONE BANCORP, INC**. | **HARBORONE BANCORP, INC**. |
|  | By: | /s/ Joseph F. Casey |
|  | Name: | Joseph F. Casey |
|  | Title: | President and  |
|  |  | Chief Executive Officer |
| Date: July 24, 2025 |  |  |

---

## Exhibit 99.1

#### Exhibit 99.1
![Graphic](hone-20250724xex99d1001.jpg)

**HarborOne Bancorp, Inc. Announces 2025 Second Quarter Results**

**Contact: Stephen W. Finocchio, EVP and CFO**

**Brockton, Massachusetts** (July 24, 2025): HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ: HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $8.1 million, or $0.20 per diluted share, for the quarter ended June 30, 2025, an increase of $2.6 million, or 46.5%, compared to net income of $5.5 million, or $0.14 per diluted share, for the quarter ended March 31, 2025. Net income for the six months ended June 30, 2025, was $13.6 million, or $0.34 per diluted share, compared to $14.6 million, or $0.35 per diluted share for the same period in 2024. On April 24, 2025, the Company announced that it had entered into a definitive merger agreement with Eastern Bankshares, Inc. ("Eastern"), the holding company for Eastern Bank, pursuant to which the Company will merge with and into Eastern in a stock and cash transaction.

**Second Quarter Financial Highlights:**

● Net income of $8.1 million, or $0.20 per diluted share

● Net interest margin of 2.52%, up 13 basis points quarter-over-quarter

● Noninterest income increased $2.3 million, or 23.6%, driven by higher mortgage banking income and higher swap and deposit fee income

● Noninterest expense was up $1.2 million, but down slightly excluding $1.7 million of merger-related expenses

● The share repurchase program was suspended pending completion of the merger with Eastern

"I'm pleased to report our steady financial improvement in the second quarter," commented Joseph F. Casey, President and CEO, "including net interest margin expansion, improved core returns on assets and equity, and continued management of expenses." He continued: "While we look forward to a successful merger with Eastern, the HarborOne team remains focused on continuing to provide superior service and a seamless transition to our customers, communities and employees."

#### Net Interest Income
Net interest and dividend income increased $1.7 million from $31.5 million to $33.2 million, while net interest margin improved 13 basis points to 2.52% compared to the prior quarter, impacted by:

● Yield on loans increased 8 basis points partly due to an increase in prepayment fees of $721,000; average loan balances decreased $52.0 million, largely driven by a decline in commercial real estate loans, which were down $46.8 million on average.

● Cost of deposits, excluding brokered deposits, decreased 7 basis points; average deposit balances, excluding brokered deposits, increased $57.2 million, primarily due to an increase of $40.4 million in lower cost NOW and noninterest-earning deposits.

● Borrowing costs improved 2 basis points, and average borrowings declined $87.8 million.

------

The $1.9 million increase in net interest and dividend income from the prior year quarter reflects net interest margin improvement of 21 basis points, primarily due to higher prepayment fees, lower cost of funds, and lower average balances of funding liabilities.

#### Noninterest Income
Total noninterest income increased $2.3 million, or 23.6%, to $12.2 million, from $9.9 million for the first quarter of 2025, impacted by:

● HarborOne Mortgage, LLC ("HarborOne Mortgage") realized a $3.4 million gain on loan sales from mortgage closings of $176.2 million in the second quarter of 2025, compared to $2.7 million from mortgage loan closings of $114.1 million in the first quarter. Mortgage rates were stable during the second quarter, and while for-sale inventory constrained loan demand, the typically strong spring market produced higher originations.

● The mortgage servicing rights ("MSR") valuation decreased $546,000 compared to a decrease of $1.2 million for the first quarter of 2025, and the impact of principal payments on the underlying mortgages was $927,000 and $782,000 for the quarters ended June 30, 2025, and March 31, 2025, respectively. The second quarter MSR valuation loss of $546,000 was partially offset by a $349,000 economic hedging gain, whereas the first quarter of 2025 included a MSR valuation loss of $1.1 million offset by a $561,000 hedging gain.

● Deposit account fees increased $265,000, primarily as a result of an increase in debit card interchange fees of $179,000.

● Other income increased $948,000, primarily due to the receipt of an Employee Retention Tax Credit in the amount of $547,000, including interest, and $382,000 of swap fee income.

Total noninterest income increased $302,000 compared to the prior year quarter. The prior year results included a $1.8 million gain on disposal of an asset held for sale, partially offset by a $1.0 million loss on sale of securities.

#### Noninterest Expense
Total noninterest expense was $34.1 million for the quarter ended June 30, 2025, compared to $32.9 million for the quarter ended March 31, 2025; quarter-over-quarter variances of note were:

● Compensation and benefits expenses were flat in comparison to the prior quarter.

● Occupancy and equipment expenses decreased $359,000, primarily due to a seasonal decrease in landscaping expense.

● Marketing expense increased $277,000, due to a small business campaign in the second quarter of 2025.

● Deposit insurance decreased $136,000, reflecting a decrease in the assessment base.

● Merger expenses of $1.7 million were recorded in the second quarter of 2025, primarily for investment advisory and legal services.

Total noninterest expense increased $926,000 compared to the prior year quarter, primarily driven by the merger expenses, partially offset by decreases in compensation and benefits, occupancy and equipment expense, and marketing expenses.

------

#### Balance Sheet
Total assets decreased $91.3 million, or 1.6%, to $5.61 billion, from $5.70 billion at the prior quarter end, impacted by:

● Loans declined $93.8 million, or 1.9%, to $4.73 billion, from $4.82 billion the prior quarter. Commercial real estate and construction loans decreased $118.4 million, favoring payoffs over renewals for loans secured by commercial real estate. Commercial and industrial loans increased $16.5 million. Residential real estate and consumer loans increased $8.1 million, primarily reflecting an increase in home equity line of credit balances.

● Available-for-sale securities increased $21.6 million to $287.3 million from the prior quarter. The unrealized loss on securities available for sale decreased to $56.9 million, as compared to $58.8 million in the prior quarter. Securities held to maturity were steady at $19.2 million.

● Total deposits decreased $125.1 million to $4.49 billion from $4.62 billion the prior quarter. Non-certificate accounts decreased $66.5 million, and term certificate accounts decreased $7.5 million. Brokered deposits decreased $51.1 million. As of June 30, 2025, FDIC-insured deposits were approximately 73% of total deposits, including Bank subsidiary deposits.

● Borrowed funds increased $40.1 million to $439.7 million compared to $399.5 million at the prior quarter end. As of June 30, 2025, the Bank had $1.28 billion in available borrowing capacity across multiple relationships.

● Total stockholders' equity was $580.1 million, compared to $576.0 million at the prior quarter end. Stockholders' equity increased 0.7% when compared to the prior quarter, as net income increases and an increase in the fair value of available-for-sale securities, were partially offset by share repurchases at the beginning of the quarter and dividend payments. The share repurchase program was suspended during the second quarter pending completion of the merger with Eastern Bank.

● The tangible-common-equity-to-tangible-assets ratio <sup>(1)</sup> was 9.38% at June 30, 2025, compared to 9.15% at March 31, 2025. Book value per share and tangible book value per share <sup>(1)</sup> increased quarter over quarter to $13.47 from $13.27 and to $12.09 from $11.90, respectively.

<sup>(1)</sup> Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures.

#### Asset Quality and Allowance for Credit Losses
The Company recorded a $739,000 provision for credit losses for the quarter ended June 30, 2025. The provision for loan credit losses was $355,000, and the provision for unfunded commitments was $384,000. The provision for loan credit losses was primarily due to a further specific reserve allocation for a previously identified classified commercial and industrial loan and qualitative factor adjustments, partially offset by a decrease in loan balances. During the quarter, a $1.7 million charge-off was recorded when a loan modification with a replacement borrower was resolved, resulting in a new loan recorded at fair value. At March 31, 2025, the provision for loan credit losses was $1.9 million, and the provision for unfunded commitments was a negative $506,000. The first quarter provision for loan credit losses was primarily due to a further specific reserve allocation for a previously identified classified commercial real estate loan, partially offset by a decrease in loan balances and qualitative factor adjustments.

Net charge-offs totaled $1.7 million, or 0.14% of average loans outstanding on an annualized basis for the quarter ended June 30, 2025, and for the quarter ended March 31, 2025, net charge-offs totaled $8.7 million, or 0.72% of average loans outstanding on an annualized basis. The charge-off in the first quarter of 2025 primarily reflects a charge-off on a single commercial real estate loan.

------

The allowance for credit losses ("ACL") on loans was $48.0 million, or 1.01% of total loans, at June 30, 2025, compared to $49.3 million, or 1.02% of total loans, at March 31, 2025. The ACL on unfunded commitments, included in other liabilities on the unaudited Consolidated Balance Sheet, amounted to $3.4 million at June 30, 2025, compared to $3.0 million at March 31, 2025. Total nonperforming assets were $32.7 million and 0.58% of total assets at June 30, 2025, compared to $30.9 million and 0.54% of total assets at March 31, 2025. In the quarter ended June 30, 2025, non-performing commercial real estate loans increased $784,000, compared to the prior quarter, and non-performing commercial and industrial loans increased $622,000, compared to the prior quarter. As of June 30, 2025, and March 31, 2025, total criticized and classified commercial loans amounted to $193.7 million, and $187.1 million. The quarterly increase in total criticized and classified commercial loans primarily reflects an $18.3 million increase in criticized commercial construction loans.

#### About HarborOne Bancorp, Inc.
HarborOne Bancorp, Inc. is the holding company for HarborOne Bank, a Massachusetts-chartered trust company. HarborOne Bank serves the financial needs of consumers, businesses, and municipalities throughout Eastern Massachusetts and Rhode Island through a network of 30 full-service banking centers located in Massachusetts and Rhode Island, and commercial lending offices in Boston, Massachusetts and Providence, Rhode Island. HarborOne Bank also provides a range of educational resources through "HarborOne U," with free digital content, webinars, and recordings for small business and personal financial education. HarborOne Mortgage, LLC, a subsidiary of HarborOne Bank, provides mortgage lending services throughout New England and other states.

#### Forward Looking Statements
Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We may also make forward-looking statements in other documents we file with the Securities and Exchange Commission ("SEC"), in our annual reports to shareholders, in press releases and other written materials, and in oral statements made by our officers, directors or employees. Such statements may be identified by words such as "believes," "will," "would," "expects," "project," "may," "could," "developments," "strategic," "launching," "opportunities," "anticipates," "estimates," "intends," "plans," "targets" and similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, changes in general business and economic conditions (including the impact of recently imposed tariffs by the U.S. Administration and foreign governments, inflation and concerns about liquidity) on a national basis and in the local markets in which the Company operates, including changes that adversely affect borrowers' ability to service and repay the Company's loans; changes in customer behavior; ongoing turbulence in the capital and debt markets and the impact of such conditions on the Company's business activities; changes in interest rates; increases in loan default and charge-off rates; decreases in the value of securities in the Company's investment portfolio; failure to complete the merger of the Company with and into Eastern that was announced on April 24, 2025 (the "Merger") or unexpected delays related to the Merger or either party's inability to satisfy closing conditions required to complete the Merger; failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect Eastern or the expected benefits of the Merger); certain restrictions during the pendency of the Merger that may impact the Company's ability to pursue certain business opportunities or strategic transactions; the diversion of management's attention from ongoing business operations and opportunities; fluctuations in real estate values; the possibility that future credit losses may be higher than currently expected due to changes in economic assumptions, customer behavior or adverse economic developments; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; competitive pressures from other financial institutions; cybersecurity incidents, fraud, natural disasters, war, terrorism, civil unrest, and future pandemics; changes in regulation;

------

changes in accounting standards and practices; the risk that goodwill and intangibles recorded in the Company's financial statements will become impaired; demand for loans in the Company's market area; the Company's ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that the Company may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the SEC, which are available at the SEC's website, www.sec.gov. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, the Company's actual results could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as required by law.

**Use of Non-GAAP Measures**

In addition to results presented in accordance with generally accepted accounting principles ("GAAP"), this press release contains certain non-GAAP financial measures including: "core net income," "core earnings per common share," "core return on average earning assets," "core return on average earning equity," "efficiency ratio," "core efficiency ratio," "tax equivalent efficiency ratio," "tax equivalent core efficiency ratio," "total adjusted noninterest expense", "core noninterest expense," "tax equivalent net interest and dividend income," "total core noninterest income," "tax equivalent total core revenue," "tangible common equity," "average tangible common equity," "tangible assets," "tangible book value per share," "tangible common equity to tangible assets," "return on average tangible common equity," "core return on average tangible common equity" and certain ratios derived from these measures. Non-GAAP measures are utilized by management, regulators and market analysts to evaluate the Company's financial position and therefore such information is useful to investors.

The tax equivalent basis adjusts for the tax-favored status from certain loans held by the Bank that are not taxable for federal income tax purposes.

Core net income, core noninterest income and core noninterest expense exclude certain items that management does not consider indicative of ongoing financial performance or enhances comparability of results with prior periods. These adjustments include gain or loss on the sale of certain assets and release of reserves for uncertain tax positions.

These disclosures should not be viewed as a substitute for financial results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures which may be presented by other companies. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names.

------

**HarborOne Bancorp, Inc.**

**Selected Financial Highlights**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **For the Quarters Ended** | **For the Quarters Ended** | **For the Quarters Ended** | **For the Quarters Ended** | **For the Quarters Ended** |
|  | **June 30,** <br>**2025** | **March 31,**<br>**2025** | **December 31,**<br>**2024** | **September 30,**<br>**2024** | **June 30,** <br>**2024** |
|  | (Dollars in thousands, except share data) | (Dollars in thousands, except share data) | (Dollars in thousands, except share data) | (Dollars in thousands, except share data) | (Dollars in thousands, except share data) |
| **Earnings data** |  |  |  |  |  |
| Net interest and dividend income | $33215 | $31469 | $31827 | $31893 | $31350 |
| Noninterest income | $12221 | $9891 | $13689 | $10568 | $11919 |
| Total revenue | $45436 | $41360 | $45516 | $42461 | $43269 |
| Noninterest expense | $34070 | $32850 | $32873 | $32268 | $33144 |
| Pre-tax, pre-provision income | $11366 | $8510 | $12643 | $10193 | $10125 |
| Provision for credit losses | $739 | $1385 | $1927 | $5903 | $615 |
| Income before income taxes | $10627 | $7125 | $10716 | $4290 | $9510 |
| Net income | $8058 | $5500 | $8887 | $3924 | $7296 |
| Core net income <sup>(1)</sup> | $9215 | $5500 | $8341 | $3924 | $6689 |
| **Per-share data** |  |  |  |  |  |
| Earnings per share, diluted | $0.20 | $0.14 | $0.21 | $0.10 | $0.18 |
| Core earnings per share, diluted<sup>(1)</sup> | $0.23 | $0.14 | $0.20 | $0.10 | $0.16 |
| Book value per share | $13.47 | $13.27 | $13.15 | $13.24 | $12.99 |
| Tangible book value per share<sup>(1)</sup> | $12.09 | $11.90 | $11.78 | $11.88 | $11.63 |
| **Profitability** |  |  |  |  |  |
| Return on average assets  | 0.57% | 0.39% | 0.62% | 0.27% | 0.50% |
| Core return on average assets<sup>(1)</sup>  | 0.65% | 0.39% | 0.58% | 0.27% | 0.45% |
| Return on average equity  | 5.56% | 3.79% | 6.08% | 2.69% | 5.07% |
| Core return on average equity<sup>(1)</sup> | 6.36% | 3.79% | 5.71% | 2.69% | 4.54% |
| Return on average tangible common equity<sup>(1)</sup> | 6.20% | 4.23% | 6.78% | 3.00% | 5.67% |
| Core return on average tangible common equity<sup>(1)</sup> | 7.09% | 4.23% | 6.36% | 3.00% | 5.19% |
| Net interest margin on a fully tax equivalent basis<sup>(1)</sup> | 2.52% | 2.39% | 2.36% | 2.36% | 2.31% |
| Cost of total deposits | 2.45% | 2.48% | 2.62% | 2.68% | 2.53% |
| Efficiency ratio<sup>(1)</sup> | 74.57% | 78.97% | 71.81% | 75.55% | 76.16% |
| Core efficiency ratio<sup>(1)</sup> | 71.68% | 78.97% | 71.81% | 75.55% | 77.54% |
| Tax equivalent efficiency ratio<sup>(1)</sup> | 73.73% | 78.09% | 71.09% | 74.75% | 75.72% |
| Tax equivalent core efficiency ratio<sup>(1)</sup> | 70.86% | 78.09% | 71.09% | 74.75% | 77.08% |
| **Balance sheet** |  |  |  |  |  |
| Total assets | $5609075 | $5700330 | $5753133 | $5775967 | $5787035 |
| Total loans | $4727232 | $4821033 | $4852499 | $4879503 | $4839232 |
| Total deposits | $4493671 | $4618721 | $4550753 | $4536177 | $4458297 |
| Total loans / total deposits | 105.20% | 104.38% | 106.63% | 107.57% | 108.54% |
| **Asset quality** |  |  |  |  |  |
| Allowance for credit losses ("ACL") | $47964 | $49323 | $56101 | $54004 | $49139 |
| Nonperforming assets | $32703 | $30908 | $29473 | $28408 | $9766 |
| Non-performing loans to total loans | 0.69% | 0.64% | 0.61% | 0.58% | 0.20% |
| Allowance for credit losses on loans to non-performing loans | 146.67% | 159.61% | 190.41% | 190.10% | 503.16% |
| Allowance for credit losses on loans to total loans | 1.01% | 1.02% | 1.16% | 1.11% | 1.02% |
| Net loans charged off as a percentage of average loans outstanding | 0.14% | 0.72% | -% | 0.02% | 0.02% |
| **Capital adequacy** |  |  |  |  |  |
| Stockholders' equity / assets | 10.34% | 10.10% | 9.99% | 10.11% | 9.98% |
| Tangible common equity / tangible assets<sup>(1)</sup> | 9.38% | 9.15% | 9.05% | 9.17% | 9.03% |
| Common equity tier 1 ratio ("CET1")<sup>(1)</sup> | 12.20% | 11.86% | 11.79% | 11.67% | 11.73% |
| Risk weighted assets | $4632725 | $4738746 | $4795304 | $4827022 | $4822128 |
| <sup>(1)</sup>Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures | <sup>(1)</sup>Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures | <sup>(1)</sup>Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures | <sup>(1)</sup>Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures | <sup>(1)</sup>Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures | <sup>(1)</sup>Non-GAAP financial measure. Refer to the Reconciliation of Non-GAAP Financial Measures |

---

------

**HarborOne Bancorp, Inc.**

**Consolidated Balance Sheet Trend**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Period ended** | **Period ended** | **Period ended** | **Period ended** | **Period ended** |
| <br>(Dollars in thousands) | **June 30,** <br>**2025** | **March 31,**<br>**2025** | **December 31,**<br>**2024** | **September 30,**<br>**2024** | **June 30,** <br>**2024** |
| **Assets** |  |  |  |  |  |
| Cash and due from banks | $47348 | $44383 | $44090 | $39668 | $48097 |
| Short-term investments  | 155705 | 186109 | 186981 | 184611 | 186965 |
| Total cash and cash equivalents | 203053 | 230492 | 231071 | 224279 | 235062 |
| Securities available for sale, at fair value | 287266 | 265644 | 263904 | 276817 | 269078 |
| Securities held to maturity, at amortized cost | 19212 | 19211 | 19627 | 19625 | 19725 |
| Federal Home Loan Bank stock, at cost | 20538 | 18330 | 23277 | 17476 | 25311 |
| Loans held for sale, at fair value | 29091 | 19304 | 36768 | 28467 | 41814 |
| Loans: |  |  |  |  |  |
| Commercial real estate | 2181554 | 2272480 | 2280309 | 2321148 | 2380881 |
| Commercial construction | 188540 | 216013 | 252691 | 270389 | 233926 |
| Commercial and industrial | 643999 | 627480 | 594453 | 549908 | 499043 |
| Total commercial loans | 3014093 | 3115973 | 3127453 | 3141445 | 3113850 |
| Residential real estate | 1698318 | 1689681 | 1707556 | 1719882 | 1706678 |
| Consumer | 14821 | 15379 | 17490 | 18176 | 18704 |
| Loans | 4727232 | 4821033 | 4852499 | 4879503 | 4839232 |
| Less: Allowance for credit losses on loans | (47964) | (49323) | (56101) | (54004) | (49139) |
| Net loans | 4679268 | 4771710 | 4796398 | 4825499 | 4790093 |
| Mortgage servicing rights, at fair value | 41172 | 42620 | 44500 | 43067 | 46209 |
| Goodwill | 59042 | 59042 | 59042 | 59042 | 59042 |
| Other intangible assets | 378 | 568 | 757 | 947 | 1136 |
| Other assets | 270055 | 273409 | 277789 | 280748 | 299565 |
| **Total assets** | $5609075 | $5700330 | $5753133 | $5775967 | $5787035 |
| **Liabilities and Stockholders' Equity** |  |  |  |  |  |
| Deposits: |  |  |  |  |  |
| Demand deposit accounts | $713753 | $703736 | $690647 | $713379 | $689800 |
| NOW accounts | 329800 | 340194 | 298337 | 296322 | 308016 |
| Regular savings and club accounts | 867164 | 908136 | 895232 | 926192 | 989720 |
| Money market deposit accounts | 1175499 | 1200600 | 1195209 | 1162930 | 1100215 |
| Term certificate accounts | 1068693 | 1076195 | 1069844 | 1063672 | 985293 |
| Brokered deposits | 338762 | 389860 | 401484 | 373682 | 385253 |
| Total deposits | 4493671 | 4618721 | 4550753 | 4536177 | 4458297 |
| Borrowings | 439652 | 399547 | 516555 | 539364 | 619372 |
| Other liabilities and accrued expenses | 95605 | 106095 | 110814 | 116224 | 132037 |
| **Total liabilities** | $5028928 | $5124363 | $5178122 | $5191765 | $5209706 |
| Common stock | 598 | 598 | 598 | 598 | 598 |
| Additional paid-in capital | 491251 | 490327 | 489532 | 488983 | 487980 |
| Unearned compensation - ESOP | (23028) | (23488) | (23947) | (24407) | (24866) |
| Retained earnings | 380136 | 375710 | 373861 | 368222 | 367584 |
| Treasury stock | (224602) | (221516) | (215138) | (210197) | (205944) |
| Accumulated other comprehensive loss | (44208) | (45664) | (49895) | (38997) | (48023) |
| **Total stockholders' equity** | $580147 | $575967 | $575011 | $584202 | $577329 |
| **Total liabilities and stockholders' equity** | $5609075 | $5700330 | $5753133 | $5775967 | $5787035 |

---

------

**HarborOne Bancorp, Inc.**

**Consolidated Statements of Net Income - Trend**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** |
| <br>(Dollars in thousands, except share data) | **June 30,** <br>**2025** | **March 31,**<br>**2025** | **December 31,**<br>**2024** | **September 30,**<br>**2024** | **June 30,** <br>**2024** |
| **Interest and dividend income:** |  |  |  |  |  |
| Interest and fees on loans | $60790 | $59872 | $62415 | $63595 | $61512 |
| Interest on loans held for sale | 419 | 296 | 517 | 546 | 347 |
| Interest on securities | 2125 | 1993 | 1996 | 1965 | 2121 |
| Other interest and dividend income | 2266 | 2278 | 2591 | 2928 | 3971 |
| Total interest and dividend income | 65600 | 64439 | 67519 | 69034 | 67951 |
| **Interest expense:** |  |  |  |  |  |
| Interest on deposits | 27976 | 27643 | 29963 | 29969 | 27272 |
| Interest on borrowings | 4409 | 5327 | 5729 | 7172 | 9329 |
| Total interest expense | 32385 | 32970 | 35692 | 37141 | 36601 |
| **Net interest and dividend income** | 33215 | 31469 | 31827 | 31893 | 31350 |
| **Provision for credit losses** | 739 | 1385 | 1927 | 5903 | 615 |
| **Net interest and dividend income, after provision for credit losses**  | 32476 | 30084 | 29900 | 25990 | 30735 |
| **Noninterest income:** |  |  |  |  |  |
| Mortgage banking income: |  |  |  |  |  |
| Gain on sale of mortgage loans | 3378 | 2716 | 3952 | 3752 | 3143 |
| Changes in mortgage servicing rights fair value | (1123) | (1372) | (19) | (2641) | (1098) |
| Other | 2293 | 2108 | 2431 | 2390 | 2356 |
| Total mortgage banking income | 4548 | 3452 | 6364 | 3501 | 4401 |
| Deposit account fees | 5418 | 5153 | 6024 | 5370 | 5223 |
| Income on retirement plan annuities | 121 | 119 | 121 | 122 | 141 |
| Gain on sale of asset held for sale | - | - | - | - | 1809 |
| Loss on sale of securities | - | - | - | - | (1041) |
| Bank-owned life insurance income | 762 | 743 | 769 | 777 | 758 |
| Other income | 1372 | 424 | 411 | 798 | 628 |
| Total noninterest income  | 12221 | 9891 | 13689 | 10568 | 11919 |
| **Noninterest expenses:** |  |  |  |  |  |
| Compensation and benefits  | 18789 | 18785 | 18853 | 18551 | 18976 |
| Occupancy and equipment  | 4268 | 4627 | 4477 | 4628 | 4636 |
| Data processing | 2622 | 2625 | 2626 | 2711 | 2375 |
| Loan expense | 414 | 431 | 525 | 457 | 461 |
| Marketing | 865 | 588 | 599 | 549 | 1368 |
| Professional fees | 1284 | 1382 | 1451 | 1292 | 1236 |
| Deposit insurance | 914 | 1050 | 1163 | 1028 | 993 |
| Merger expenses | 1704 | - | - | - | - |
| Other expenses  | 3210 | 3362 | 3179 | 3052 | 3099 |
| Total noninterest expenses | 34070 | 32850 | 32873 | 32268 | 33144 |
| **Income before income taxes** | 10627 | 7125 | 10716 | 4290 | 9510 |
| **Income tax provision** | 2569 | 1625 | 1829 | 366 | 2214 |
| **Net income**  | $8058 | $5500 | $8887 | $3924 | $7296 |
| Earnings per common share: |  |  |  |  |  |
| Basic | $0.20 | $0.14 | $0.21 | $0.10 | $0.18 |
| Diluted | $0.20 | $0.14 | $0.21 | $0.10 | $0.18 |
| Weighted average shares outstanding: |  |  |  |  |  |
| Basic | 39924977 | 40344922 | 40700783 | 40984857 | 41293787 |
| Diluted | 40117837 | 40605799 | 41062421 | 41336985 | 41370289 |

---

------

**HarborOne Bancorp, Inc.**

**Consolidated Statements of Net Income - Trend**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended**  | **Three Months Ended**  | **Six Months Ended** | **Six Months Ended** |
| | **June 30,**  | **June 30,**  | **June 30,**  | **June 30,**  |
| <br>(Dollars in thousands, except share data) | **2025** | **2024** | **2025** | **2024** |
| **Interest and dividend income:** |  |  |  |  |
| Interest and fees on loans | $60790 | $61512 | $120662 | $121449 |
| Interest on loans held for sale | 419 | 347 | 715 | 590 |
| Interest on securities | 2125 | 2121 | 4118 | 4186 |
| Other interest and dividend income | 2266 | 3971 | 4544 | 8630 |
| Total interest and dividend income | 65600 | 67951 | 130039 | 134855 |
| **Interest expense:** |  |  |  |  |
| Interest on deposits | 27976 | 27272 | 55619 | 54171 |
| Interest on borrowings | 4409 | 9329 | 9736 | 18752 |
| Total interest expense | 32385 | 36601 | 65355 | 72923 |
| **Net interest and dividend income** | 33215 | 31350 | 64684 | 61932 |
| **Provision for credit losses** | 739 | 615 | 2124 | 447 |
| **Net interest and dividend income, after provision for credit losses**  | 32476 | 30735 | 62560 | 61485 |
| **Noninterest income:** |  |  |  |  |
| Mortgage banking income: |  |  |  |  |
| Gain on sale of mortgage loans | 3378 | 3143 | 6094 | 5156 |
| Changes in mortgage servicing rights fair value | (1123) | (1098) | (2495) | (1044) |
| Other | 2293 | 2356 | 4401 | 4632 |
| Total mortgage banking income | 4548 | 4401 | 8000 | 8744 |
| Deposit account fees | 5418 | 5223 | 10571 | 10206 |
| Income on retirement plan annuities | 121 | 141 | 240 | 286 |
| Gain on sale of asset held for sale | - | 1809 | - | 1809 |
| Loss on sale of securities | - | (1041) | - | (1041) |
| Bank-owned life insurance income | 762 | 758 | 1505 | 1504 |
| Other income | 1372 | 628 | 1796 | 1152 |
| Total noninterest income | 12221 | 11919 | 22112 | 22660 |
| **Noninterest expenses:** |  |  |  |  |
| Compensation and benefits  | 18789 | 18976 | 37574 | 36612 |
| Occupancy and equipment  | 4268 | 4636 | 8895 | 9417 |
| Data processing | 2622 | 2375 | 5247 | 4854 |
| Loan expense  | 414 | 461 | 845 | 832 |
| Marketing | 865 | 1368 | 1453 | 2184 |
| Professional fees | 1284 | 1236 | 2666 | 2693 |
| Deposit insurance | 914 | 993 | 1964 | 2157 |
| Merger expenses | 1704 | - | 1704 | - |
| Other expenses | 3210 | 3099 | 6572 | 6145 |
| Total noninterest expenses | 34070 | 33144 | 66920 | 64894 |
| **Income before income taxes** | 10627 | 9510 | 17752 | 19251 |
| **Income tax provision** | 2569 | 2214 | 4194 | 4655 |
| **Net income** | $8058 | $7296 | $13558 | $14596 |
| **Earnings per common share:** |  |  |  |  |
| Basic | $0.20 | $0.18 | $0.34 | $0.35 |
| Diluted | $0.20 | $0.18 | $0.34 | $0.35 |
| **Weighted average shares outstanding:** |  |  |  |  |
| Basic | 39924977 | 41293787 | 40133790 | 41603104 |
| Diluted | 40117837 | 41370289 | 40360658 | 41748663 |

---

------

**HarborOne Bancorp, Inc.**

**Asset Quality**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  |
| <br>(Dollars in thousands) | **June 30,** <br>**2025** | **March 31,**<br>**2025** | **December 31,**<br>**2024** | **September 30,**<br>**2024** | **June 30,** <br>**2024** |
| **Non-performing assets** |  |  |  |  |  |
| Nonaccruing loans: |  |  |  |  |  |
| Commercial real estate and construction | $9394 | $8610 | $16836 | $17171 | $- |
| Commercial and industrial | 11160 | 10538 | 2204 | 1743 | 1773 |
| Residential mortgages, construction, and HELOC | 12126 | 11705 | 10409 | 9451 | 7949 |
| Consumer | 23 | 49 | 14 | 43 | 44 |
| Total nonaccruing loans | 32703 | 30902 | 29463 | 28408 | 9766 |
| Repossessed assets | - | 6 | 10 | - | - |
| Total nonperforming assets | $32703 | $30908 | $29473 | $28408 | $9766 |
| Total nonperforming loans to total loans | 0.69% | 0.64% | 0.61% | 0.58% | 0.20% |
| Total nonperforming assets to total assets | 0.58% | 0.54% | 0.51% | 0.49% | 0.17% |
| **Allowance for credit losses on loans** |  |  |  |  |  |
| Beginning balance | $49323 | $56101 | $54004 | $49139 | $48185 |
| Net (charge-offs) recoveries: |  |  |  |  |  |
| Commercial real estate and construction | (1684) | (8300) | 40 | 3 | - |
| Commercial and industrial | 6 | (362) | (57) | (146) | (184) |
| Residential mortgages and HELOC | 4 | 10 | 1 | - | 5 |
| Consumer | (40) | (17) | (42) | (39) | (16) |
| Total net charge-offs: | (1714) | (8669) | (58) | (182) | (195) |
| Provision for loan credit losses | 355 | 1891 | 2155 | 5047 | 1149 |
| Ending balance | $47964 | $49323 | $56101 | $54004 | $49139 |
| Allowance for credit losses on loans to total loans | 1.01% | 1.02% | 1.16% | 1.11% | 1.02% |
| Allowance for credit losses on loans to nonaccruing loans | 146.67% | 159.61% | 190.41% | 190.10% | 503.16% |
| Annualized net charge-offs (recoveries)/average loans | 0.14% | 0.72% | -% | 0.02% | 0.02% |
| Provision (credit) for unfunded commitments | $384 | $(506) | $(228) | $856 | $(534) |
| Allowance for unfunded commitments | $3384 | $3000 | $3506 | $3734 | $2878 |
| **Delinquency** |  |  |  |  |  |
| Total delinquent loans | $27664 | $29821 | $37427 | $21325 | $12990 |
| Total delinquent loans to total loans | 0.59% | 0.62% | 0.77% | 0.44% | 0.27% |

---

------

**HarborOne Bancorp, Inc.**

**Average Balances and Yield Trend**

**(Unaudited)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** |
|  | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **March 31, 2025** | **March 31, 2025** | **March 31, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** |
|  | **Average**<br>**Outstanding**<br>**Balance** | <br><br>**Interest** | <br>**Yield/**<br>**Cost** <sup>(8)</sup> | **Average**<br>**Outstanding**<br>**Balance** | <br><br>**Interest** | <br>**Yield/**<br>**Cost** <sup>(8)</sup> | **Average**<br>**Outstanding**<br>**Balance** | <br><br>**Interest** | <br>**Yield/**<br>**Cost** <sup>(8)</sup> |
|  | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| **Interest-earning assets:** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Investment securities <sup>(1)</sup> | $354077 | $2125 | 2.41% | $346902 | $1993 | 2.33% | $374730 | $2121 | 2.28% |
| &nbsp;&nbsp;Other interest-earning assets | 194053 | 2266 | 4.68 | 213400 | 2278 | 4.33 | 306361 | 3971 | 5.21 |
| &nbsp;&nbsp;Loans held for sale | 25164 | 419 | 6.68 | 17237 | 296 | 6.96 | 20775 | 347 | 6.72 |
| &nbsp;&nbsp;Loans |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial loans <sup>(2)(3)</sup> | 3080800 | 42626 | 5.55 | 3125369 | 41796 | 5.42 | 3091004 | 43023 | 5.60 |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate loans <sup>(3)(4)</sup> | 1690506 | 18399 | 4.37 | 1696444 | 18243 | 4.36 | 1695059 | 18393 | 4.36 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer loans <sup>(3)</sup> | 15091 | 282 | 7.50 | 16601 | 294 | 7.18 | 19221 | 352 | 7.37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans | 4786397 | 61307 | 5.14 | 4838414 | 60333 | 5.06 | 4805284 | 61768 | 5.17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-earning assets | 5359691 | 66117 | 4.95 | 5415953 | 64900 | 4.86 | 5507150 | 68207 | 4.98 |
| Noninterest-earning assets | 288262 |  |  | 290734 |  |  | 300847 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $5647953 |  |  | $5706687 |  |  | $5807997 |  |  |
| **Interest-bearing liabilities:** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Savings accounts | $890484 | 2779 | 1.25 | $908434 | 3050 | 1.36 | $1058524 | 4305 | 1.64 |
| &nbsp;&nbsp;NOW accounts | 328422 | 120 | 0.15 | 303719 | 127 | 0.17 | 299536 | 88 | 0.12 |
| &nbsp;&nbsp;Money market accounts | 1205069 | 9758 | 3.25 | 1190811 | 9648 | 3.29 | 1069153 | 10186 | 3.83 |
| &nbsp;&nbsp;Certificates of deposit | 1080790 | 11138 | 4.13 | 1060313 | 11343 | 4.34 | 931255 | 9946 | 4.30 |
| &nbsp;&nbsp;Brokered deposits | 380737 | 4181 | 4.40 | 387294 | 3475 | 3.64 | 300385 | 2747 | 3.68 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 3885502 | 27976 | 2.89 | 3850571 | 27643 | 2.91 | 3658853 | 27272 | 3.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 405383 | 4409 | 4.36 | 493206 | 5327 | 4.38 | 776852 | 9329 | 4.83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 4290885 | 32385 | 3.03 | 4343777 | 32970 | 3.08 | 4435705 | 36601 | 3.32 |
| **Noninterest-bearing liabilities:** |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Noninterest-bearing deposits | 693029 |  |  | 677314 |  |  | 670494 |  |  |
| &nbsp;&nbsp;Other noninterest-bearing liabilities | 84660 |  |  | 105747 |  |  | 126477 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 5068574 |  |  | 5126838 |  |  | 5232676 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 579379 |  |  | 579849 |  |  | 575321 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $5647953 |  |  | $5706687 |  |  | $5807997 |  |  |
| Tax equivalent net interest income |  | 33732 |  |  | 31930 |  |  | 31606 |  |
| Tax equivalent interest rate spread <sup>(5)</sup> |  |  | 1.92% |  |  | 1.78% |  |  | 1.66% |
| Less: tax equivalent adjustment |  | 517 |  |  | 461 |  |  | 256 |  |
| Net interest income as reported |  | $33215 |  |  | $31469 |  |  | $31350 |  |
| Net interest-earning assets <sup>(6)</sup> | $1068806 |  |  | $1072176 |  |  | $1071445 |  |  |
| Net interest margin <sup>(7)</sup> |  |  | 2.49% |  |  | 2.36% |  |  | 2.29% |
| Tax equivalent effect |  |  | 0.03 |  |  | 0.03 |  |  | 0.02 |
| Net interest margin on a fully tax equivalent basis |  |  | 2.52% |  |  | 2.39% |  |  | 2.31% |
| Ratio of interest-earning assets to interest-bearing liabilities | 124.91% |  |  | 124.68% |  |  | 124.16% |  |  |
| **Supplemental information:** |  |  |  |  |  |  |  |  |  |
| Total deposits, including demand deposits | $4578531 | $27976 |  | $4527885 | $27643 |  | $4329347 | $27272 |  |
| Cost of total deposits |  |  | 2.45% |  |  | 2.48% |  |  | 2.53% |
| Total funding liabilities, including demand deposits | $4983914 | $32385 |  | $5021091 | $32970 |  | $5106199 | $36601 |  |
| Cost of total funding liabilities |  |  | 2.61% |  |  | 2.66% |  |  | 2.88% |

---

---

| |
|:---|
| &nbsp;&nbsp;<sup>(1)</sup> Includes securities available for sale and securities held to maturity. <br><sup>(2)</sup> Tax-exempt income on industrial revenue bonds is included in commercial loans on a tax-equivalent basis. <br><sup>(3)</sup> Includes nonaccruing loan balances and interest received on such loans. <br><sup>(4)</sup> Includes the basis adjustments of certain loans included in fair value hedging relationships. <br><sup>(5)</sup> Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities. |
| &nbsp;&nbsp;<sup>(6)</sup> Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities. |
| &nbsp;&nbsp;<sup>(7)</sup> Net interest margin represents net interest income divided by average total interest-earning assets.<br> <sup>(8)</sup> Annualized |

---

 

------

**HarborOne Bancorp, Inc.**

**Average Balances and Yield Trend**

**(Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **For The Six Months Ended**  | **For The Six Months Ended**  | **For The Six Months Ended**  | **For The Six Months Ended**  | **For The Six Months Ended**  | **For The Six Months Ended**  |
|  | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** |
|  | **Average**<br>**Outstanding**<br>**Balance** | <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**Interest** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**Yield/**<br>**Cost** <sup>(8)</sup> | **Average**<br>**Outstanding**<br>**Balance** | <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**Interest** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** <br>**Yield/**<br>**Cost** <sup>(8)</sup> |
|  | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| **Interest-earning assets:** |  |  |  |  |  |  |
| &nbsp;&nbsp;Investment securities <sup>(1)</sup> | $350510 | $4118 | 2.37% | $373758 | $4186 | 2.25% |
| &nbsp;&nbsp;Other interest-earning assets | 203672 | 4544 | 4.50 | 331416 | 8630 | 5.24 |
| &nbsp;&nbsp;Loans held for sale | 21222 | 715 | 6.79 | 17517 | 590 | 6.77 |
| &nbsp;&nbsp;Loans |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial loans <sup>(2)(3)</sup> | 3102961 | 84421 | 5.49 | 3065921 | 84675 | 5.55 |
| &nbsp;&nbsp;&nbsp;&nbsp;Residential real estate loans <sup>(3)(4)</sup> | 1693459 | 36642 | 4.36 | 1697878 | 36568 | 4.33 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer loans <sup>(3)</sup> | 15842 | 577 | 7.34 | 19879 | 711 | 7.19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans | 4812262 | 121640 | 5.10 | 4783678 | 121954 | 5.13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-earning assets | 5387666 | 131017 | 4.90 | 5506369 | 135360 | 4.94 |
| Noninterest-earning assets | 289492 |  |  | 299999 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | $5677158 |  |  | $5806368 |  |  |
| **Interest-bearing liabilities:** |  |  |  |  |  |  |
| &nbsp;&nbsp;Savings accounts | $899410 | 5828 | 1.31 | $1122362 | 9827 | 1.76 |
| &nbsp;&nbsp;NOW accounts | 316139 | 248 | 0.16 | 294719 | 163 | 0.11 |
| &nbsp;&nbsp;Money market accounts | 1197979 | 19406 | 3.27 | 1031753 | 19499 | 3.80 |
| &nbsp;&nbsp;Certificates of deposit | 1070608 | 22481 | 4.23 | 893162 | 18501 | 4.17 |
| &nbsp;&nbsp;Brokered deposits | 383997 | 7656 | 4.02 | 328422 | 6181 | 3.78 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 3868133 | 55619 | 2.90 | 3670418 | 54171 | 2.97 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 449053 | 9736 | 4.37 | 770738 | 18752 | 4.89 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 4317186 | 65355 | 3.05 | 4441156 | 72923 | 3.30 |
| **Noninterest-bearing liabilities:** |  |  |  |  |  |  |
| &nbsp;&nbsp;Noninterest-bearing deposits | 685215 |  |  | 662465 |  |  |
| &nbsp;&nbsp;Other noninterest-bearing liabilities | 224104 |  |  | 122884 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 5226505 |  |  | 5226505 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 579863 |  |  | 579863 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $5806368 |  |  | $5806368 |  |  |
| Tax equivalent net interest income |  | 65662 |  |  | 62437 |  |
| Tax equivalent interest rate spread <sup>(5)</sup> |  |  | 1.85% |  |  | 1.64% |
| Less: tax equivalent adjustment |  | 978 |  |  | 505 |  |
| Net interest income as reported |  | $64684 |  |  | $61932 |  |
| Net interest-earning assets <sup>(6)</sup> | $1070480 |  |  | $1065213 |  |  |
| Net interest margin <sup>(7)</sup> |  |  | 2.42% |  |  | 2.26% |
| Tax equivalent effect |  |  | 0.04 |  |  | 0.02 |
| Net interest margin on a fully tax equivalent basis |  |  | 2.46% |  |  | 2.28% |
| Ratio of interest-earning assets to interest-bearing liabilities | 124.80% |  |  | 123.99% |  |  |
| **Supplemental information:** |  |  |  |  |  |  |
| Total deposits, including demand deposits | $4553348 | $55619 |  | $4332883 | $54171 |  |
| Cost of total deposits |  |  | 2.46% |  |  | 2.51% |
| Total funding liabilities, including demand deposits | $5002401 | $65355 |  | $5103621 | $72923 |  |
| Cost of total funding liabilities |  |  | 2.63% |  |  | 2.87% |

---

---

| |
|:---|
| &nbsp;&nbsp;<sup>(1)</sup> Includes securities available for sale and securities held to maturity. <br><sup>(2)</sup> Tax-exempt income on industrial revenue bonds is included in commercial loans on a tax-equivalent basis. <br><sup>(3)</sup> Includes nonaccruing loan balances and interest received on such loans. <br><sup>(4)</sup> Includes the basis adjustments of certain loans included in fair value hedging relationships. <br><sup>(5)</sup> Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities. |
| &nbsp;&nbsp;<sup>(6)</sup> Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities. |
| &nbsp;&nbsp;<sup>(7)</sup> Net interest margin represents net interest income divided by average total interest-earning assets.<br> <sup>(8)</sup> Annualized |

---

------

**HarborOne Bancorp, Inc.**

**Segments Key Financial Data**

**(Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** |
|  |  | **June 30,**  | **March 31,** | **December 31,** | **September 30,** | **June 30,**  |
| **Statements of Net Income for** |  | **2025** | **2025** | **2024** | **2024** | **2024** |
| **HarborOne Bank Segment:** |  | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Net interest and dividend income |  | $32906 | $31315 | $31681 | $31780 | $31098 |
| Provision for credit losses |  | 739 | 1385 | 1927 | 5903 | 615 |
| Net interest and dividend income, after provision for credit losses |  | 32167 | 29930 | 29754 | 25877 | 30483 |
| Mortgage banking income: |  |  |  |  |  |  |
| Intersegment loss |  | (335) | (81) | (161) | (357) | (464) |
| Changes in mortgage servicing rights fair value |  | (122) | (134) | 80 | (220) | (74) |
| Other |  | 165 | 167 | 169 | 175 | 180 |
| Total mortgage banking (loss) income  |  | (292) | (48) | 88 | (402) | (358) |
| Other noninterest income: |  |  |  |  |  |  |
| Deposit account fees |  | 5418 | 5153 | 6024 | 5370 | 5223 |
| Income on retirement plan annuities |  | 121 | 119 | 121 | 122 | 141 |
| Gain on sale of asset held for sale |  | - | - | - | - | 1809 |
| Loss on sale of securities |  | - | - | - | - | (1041) |
| Bank-owned life insurance income |  | 762 | 743 | 769 | 777 | 758 |
| Other income |  | 1372 | 425 | 383 | 798 | 624 |
| Total noninterest income |  | 7381 | 6392 | 7385 | 6665 | 7156 |
| Total noninterest expenses |  | 28237 | 28185 | 27400 | 26752 | 27791 |
| Income before income taxes |  | 11311 | 8137 | 9739 | 5790 | 9848 |
| Provision for income taxes |  | 2753 | 1903 | 2015 | 875 | 2310 |
| Net income |  | $8558 | $6234 | $7724 | $4915 | $7538 |
| **Efficiency ratio (non-GAAP)** |  |  |  |  |  |  |
| Noninterest expense, as presented (GAAP) |  | $28237 | $28185 | $27400 | $26752 | $27791 |
| Less: Amortization of other intangible assets |  | 190 | 190 | 190 | 190 | 189 |
| Total adjusted noninterest expense (non-GAAP) | (A)  | $28047 | $27995 | $27210 | $26562 | $27602 |
| Less: Merger expenses |  | $641 | $- | $- | $- | $- |
| Core noninterest expense (non-GAAP) | (B) | $27406 | $27995 | $27210 | $26562 | $27602 |
| Net interest and dividend income (GAAP) |  | $32906 | $31315 | $31681 | $31780 | $31098 |
| Plus: tax equivalent adjustment |  | 517 | 461 | 458 | 452 | 256 |
| Tax equivalent net interest and dividend income (non-GAAP) | (C) | $33423 | $31776 | $32139 | $32232 | $31354 |
| Total noninterest income | (D) | $7381 | $6392 | $7385 | $6665 | $7156 |
| Less: |  |  |  |  |  |  |
| Gain on sale of asset held for sale |  | - | - | - | - | 1809 |
| Loss on sale of securities |  | - | - | - | - | (1041) |
| Employee Retention Tax Credit |  | 547 | - | - | - | - |
| Core total noninterest income (non-GAAP) | (E) | $6834 | $6392 | $7385 | $6665 | $6388 |
| Tax equivalent efficiency ratio (non-GAAP) | (A)/(C+D) | 68.74% | 73.35% | 68.84% | 68.29% | 71.67% |
| Tax equivalent core efficiency ratio (non-GAAP) | (B)/(C+E) | 68.08% | 73.35% | 68.84% | 68.29% | 73.13% |

---

------

**HarborOne Bancorp, Inc.**

**Segments Key Financial Data**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** | **Quarters Ended** |
|  | **June 30,**  | **March 31,** | **December 31,** | **September 30,** | **June 30,**  |
| **Statements of Net Income for** | **2025** | **2025** | **2024** | **2024** | **2024** |
| **HarborOne Mortgage Segment:** | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) | (Dollars in thousands) |
| Net interest and dividend income | $307 | $149 | $140 | $105 | $240 |
| Mortgage banking income: |  |  |  |  |  |
| Gain on sale of mortgage loans | 3378 | 2716 | 3954 | 3752 | 3141 |
| Intersegment gain | 533 | 209 | 48 | 277 | 464 |
| Changes in mortgage servicing rights: |  |  |  |  |  |
| Amortization and payoffs | (845) | (712) | (939) | (1011) | (888) |
| Change in fair value due to assumptions | (505) | (1087) | 2170 | (2255) | 144 |
| Net gain (loss) from economic hedging | 349 | 561 | (1330) | 845 | (280) |
| Total changes in mortgage servicing rights | (1001) | (1238) | (99) | (2421) | (1024) |
| Other | 2128 | 1941 | 2260 | 2215 | 2177 |
| Total mortgage banking income | 5038 | 3628 | 6163 | 3823 | 4758 |
| Other noninterest income  | - | - | - | - | 4 |
| Total noninterest income | 5038 | 3628 | 6163 | 3823 | 4762 |
| Total noninterest expenses | 4775 | 4504 | 5490 | 5600 | 5269 |
| Income (loss) before income taxes | 570 | (727) | 813 | (1672) | (267) |
| Income tax (benefit) provision  | 101 | (236) | (320) | (535) | (76) |
| Net income (loss) | $469 | $(491) | $1133 | $(1137) | $(191) |
| Closed loan volume | $176210 | $114136 | $179077 | $209525 | $172994 |
| Gain on sale margin | 1.92% | 2.38% | 2.21% | 1.79% | 1.82% |
| **Capitalized mortgage servicing rights** |  |  |  |  |  |
| Beginning balance | $39798 | $41544 | $40191 | $43113 | $43427 |
| Originated servicing rights | 24 | 53 | 122 | 344 | 430 |
| Amortization and payoffs | (845) | (712) | (939) | (1011) | (888) |
| Changes in fair value | (505) | (1087) | 2170 | (2255) | 144 |
| Ending balance | $38472 | $39798 | $41544 | $40191 | $43113 |

---

------

**HarborOne Bancorp, Inc.**

**Non-GAAP Reconciliation**

**(Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  |
|  |  | **June 30,**  | **March 31,** | **December 31,** | **September 30,** | **June 30,**  |
| (Dollars in thousands, except share data) |  | **2025** | **2025** | **2024** | **2024** | **2024** |
| **Core Net Income** |  |  |  |  |  |  |
| Net income, as presented (GAAP) | (A) | $8058 | $5500 | $8887 | $3924 | $7296 |
| Add: |  |  |  |  |  |  |
| Merger expenses |  | 1704 | - | - | - | - |
| Less: |  |  |  |  |  |  |
| Gain on sale of asset held for sale, net of taxes |  | - | - | - | - | 1429 |
| Loss on sale of securities, net of taxes |  | - | - | - | - | (822) |
| Release of uncertain tax position reserve |  | - | - | 546 | - | - |
| Employee Retention Tax Credit |  | 547 | - | - | - | - |
| Core net income (non-GAAP) | (B) | $9215 | $5500 | $8341 | $3924 | $6689 |
| **Weighted average shares outstanding for the period:** |  |  |  |  |  |  |
| Basic | (C) | 39924977 | 40344922 | 40700783 | 40984857 | 41293787 |
| Diluted | (D) | 40117837 | 40605799 | 41062421 | 41336985 | 41370289 |
| **Earnings per common share (GAAP):** |  |  |  |  |  |  |
| Basic | (A)/(C) | $0.20 | $0.14 | $0.21 | $0.10 | $0.18 |
| Diluted | (A)/(D) | $0.20 | $0.14 | $0.21 | $0.10 | $0.18 |
| **Core earnings per common share (non-GAAP):** |  |  |  |  |  |  |
| Basic | (B)/(C) | $0.23 | $0.14 | $0.20 | $0.10 | $0.16 |
| Diluted | (B)/(D) | $0.23 | $0.14 | $0.20 | $0.10 | $0.16 |
| Return on average assets, as presented (GAAP) | (A)/(E) | 0.57% | 0.39% | 0.62% | 0.27% | 0.50% |
| Core return on average earning assets (non-GAAP) | (B)/(E) | 0.65% | 0.39% | 0.58% | 0.27% | 0.46% |
| Average assets | (E) | $5647953 | $5706687 | $5748571 | $5753823 | $5807997 |
| Return on average equity, as presented (GAAP) | (A)/(F) | 5.56% | 3.79% | 6.08% | 2.69% | 5.07% |
| Core return on average earning equity (non-GAAP) | (B)/(F) | 6.36% | 3.79% | 5.71% | 2.69% | 4.65% |
| Average equity | (F) | $579379 | $579849 | $584433 | $584049 | $575321 |
| **Efficiency ratio** |  |  |  |  |  |  |
| Noninterest expense, as presented (GAAP) |  | $34070 | $32850 | $32873 | $32268 | $33144 |
| Less: |  |  |  |  |  |  |
| Amortization of other intangible assets |  | 190 | 190 | 190 | 190 | 189 |
| Total adjusted noninterest expense (non-GAAP) | (G) | $33880 | $32660 | $32683 | $32078 | $32955 |
| Less: |  |  |  |  |  |  |
| Merger expenses |  | 1704 | - | - | - | - |
| Core noninterest expense (non-GAAP) | (H) | $32176 | $32660 | $32683 | $32078 | $32955 |
| Net interest and dividend income (GAAP) | (I) | $33215 | $31469 | $31827 | $31893 | $31350 |
| Plus: tax equivalent adjustment |  | 517 | 461 | 458 | 452 | 256 |
| Tax equivalent net interest and dividend income (non-GAAP) | (J) | $33732 | $31930 | $32285 | $32345 | $31606 |
| Total noninterest income | (K) | $12221 | $9891 | $13689 | $10568 | $11919 |
| Less: |  |  |  |  |  |  |
| Gain on sale of asset held for sale |  | - | - | - | - | 1809 |
| Loss on sale of securities |  | - | - | - | - | (1041) |
| Employee Retention Tax Credit |  | 547 | - | - | - | - |
| Total core noninterest income (non-GAAP) | (L) | $11674 | $9891 | $13689 | $10568 | $11151 |
| Tax equivalent total core revenue (non-GAAP) | (M) | $45406 | $41821 | $45974 | $42913 | $42757 |
| Efficiency ratio (non-GAAP) | (G)/(I)+(K) | 74.57% | 78.97% | 71.81% | 75.55% | 76.16% |
| Core efficiency ratio (non-GAAP) | (H)/(I)+(L) | 71.68% | 78.97% | 71.81% | 75.55% | 77.54% |
| Tax equivalent efficiency ratio (non-GAAP) | (G)/(J)+(K) | 73.73% | 78.09% | 71.09% | 74.75% | 75.72% |
| Tax equivalent core efficiency ratio (non-GAAP) | (H)/(M) | 70.86% | 78.09% | 71.09% | 74.75% | 77.08% |

---

------

**HarborOne Bancorp, Inc.**

**Non-GAAP Reconciliation**

**(Unaudited)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  | **As of or for the Three Months Ended**  |
|  |  | **June 30,**  | **March 31,** | **December 31,** | **September 30,** | **June 30,**  |
| (Dollars in thousands, except share data) |  | **2025** | **2025** | **2024** | **2024** | **2024** |
| **Tangible equity and assets** |  |  |  |  |  |  |
| Total stockholders' equity, as presented (GAAP) | (N) | $580147 | $575967 | $575011 | $584202 | $577329 |
| Less: Goodwill and other intangible assets |  | 59420 | 59610 | 59799 | 59989 | 60178 |
| Tangible common equity (non-GAAP) | (O) | $520727 | $516357 | $515212 | $524213 | $517151 |
| Average stockholders' equity | (P) | $579379 | $579849 | $584433 | $584049 | $575321 |
| Less: Average goodwill and other intangible assets |  | 59503 | 59709 | 59888 | 60077 | 60262 |
| Average tangible common equity (non-GAAP) | (Q) | $519876 | $520140 | $524545 | $523972 | $515059 |
| Total assets, as presented (GAAP) |  | $5609075 | $5700330 | $5753133 | $5775967 | $5787035 |
| Less: Goodwill and other intangible assets |  | 59420 | 59610 | 59799 | 59989 | 60178 |
| Tangible assets (non-GAAP) | (R) | $5549655 | $5640720 | $5693334 | $5715978 | $5726857 |
| Common stock outstanding | (S) | 43075033 | 43408480 | 43723278 | 44130134 | 44459490 |
| Book value per share | (N)/(S) | $13.47 | $13.27 | $13.15 | $13.24 | $12.99 |
| Tangible book value per share (non-GAAP) | (O)/(S) | $12.09 | $11.90 | $11.78 | $11.88 | $11.63 |
| Tangible common equity/tangible assets (non-GAAP) | (O)/(R) | 9.38% | 9.15% | 9.05% | 9.17% | 9.03% |
| Return on average tangible common equity (non-GAAP) | (A)/(Q) | 6.20% | 4.23% | 6.78% | 3.00% | 5.67% |
| Core return on average tangible common equity (non-GAAP) | (B)/(Q) | 7.09% | 4.23% | 6.36% | 3.00% | 5.19% |

---

------

## Exhibit 99.2

#### Exhibit 99.2

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g001.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investor Presentation July 2025 |

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g002.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 2 Forward-Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "will," "would," "expects," "project," "may," "could," "developments," "strategic," "launching," "opportunities," "anticipates," "estimates," "intends," "plans," "targets" and similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, changes in general business and economic conditions (including inflation and concerns about inflation) on a national basis and in the local markets in which the Company operates, including changes that adversely affect borrowers' ability to service and repay the Company's loans; changes in customer behavior; ongoing turbulence in the capital and debt markets and the impact of such conditions on the Company's business activities; changes in interest rates; increases in loan default and charge-off rates; decreases in the value of securities in the Company's investment portfolio; failure to complete the merger of the Company with and into Eastern Bankshares, Inc. that was announced on April 24, 2025 (the "Merger") or unexpected delays related to the Merger or either party's inability to satisfy closing conditions required to complete the Merger; failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect Eastern or the expected benefits of the Merger); certain restrictions during the pendency of the Merger that may impact the Company's ability to pursue certain business opportunities or strategic transactions; the diversion of Management's attention from ongoing business operations and opportunities; fluctuations in real estate values; the possibility that future credit losses may be higher than currently expected due to changes in economic assumptions, customer behavior or adverse economic developments; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and investments; competitive pressures from other financial institutions; cybersecurity incidents, fraud, natural disasters, war, terrorism, civil unrest, and future pandemics; changes in regulation; changes in accounting standards and practices; the risk that goodwill and intangibles recorded in the Company's financial statements will become impaired; demand for loans in the Company's market area; the Company's ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that the Company may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward-looking statements and the risk factors described in the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the SEC, which are available at the SEC's website, www.sec.gov. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, the Company's actual results could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as required by law. |

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g003.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2023 Investor Report Q2 2025 3  Net income of $8.1 million; diluted income per share of $0.20; core net income $9.2 million, or $0.23 per share  Tax equivalent margin of 2.52%, up 13 basis points quarter over quarter  Noninterest income increased $2.3 million, or 23.6%, driven by higher mortgage banking income, and deposit and swap fees  Noninterest expense up $1.2 million quarter over quarter, and down slightly excluding $1.7 million of merger-related expenses  Credit loss provision of $739,000, a $646,000 decrease compared to the first quarter of 2025  Repurchased 317,500 shares, totaling $3.1 million in Q2 2025. The share repurchase program was suspended pending completion of the merger with Eastern Bank Q2 2025 Highlights Net Income $8.1 Million Diluted EPS $0.20 Net Interest Margin 2.52% Tangible Book Value $12.09 |

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|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g004.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 4 $5.8 B $5.8 B $5.8 B $5.7 B $5.6 B Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 9.7% 9.8% 9.8% 9.9% 10.0% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 $4.8 B $4.9 B $4.9 B $4.8 B $4.7 B Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 $11.63 $11.88 $11.78 $11.90 $12.09 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Key Performance Metrics Total Assets Total Loans Tier 1 Leverage Tangible Book Value per share |

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|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g005.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 5 Key Performance Metrics (Cont.) EPS Net Income ($MM) Net Interest Margin on FTE Basis Net Interest Income ($MM) $0.18 $0.10 $0.21 $0.14 $0.20 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 2.31% 2.36% 2.36% 2.39% 2.52% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 $31,350 $31,893 $31,827 $31,469 $33,215 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 $7,296 $3,924 $8,887 $5,500 $8,058 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 |

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|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g006.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 6 CRE 46% Residential 1-4 Family 32% C&I 14% Construction 4% HELOC, 2nd Mtg. & Other Consumer 4% Loan Portfolio $4.7 Billion Total Loan Portfolio Highlights  Commercial Real Estate loans declined $90.9 million, or 4.0% quarter over quarter. Large payoffs included $19.7 million in loans classified as watch.  Commercial & Industrial loans grew $16.5 million, or 2.6% quarter over quarter  Residential mortgage balances increased $1.3 million, or 0.1% quarter over quarter  Home equity lines of credit and second mortgages increased $7.3 million, or 3.8% quarter-over-quarter |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g007.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 7 Asset Quality Non-Performing Assets ($ MM) Provision ($ MM) Top 5 Classified Relationships ($ MM) Allowance for Credit Losses ($ MM) $9.8 $28.4 $29.5 $30.9 $32.7 0.17% 0.49% 0.51% 0.54% 0.58% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 NPA/Assets % Category Asset Type Balance Specific Reserve Charge off Occupancy CRE- Health1,2 Treatment Facility $29.1 - - 100% CRE- Office1 Conv. To Med Office $13.6 - $1.7 50% CRE-Multi1 Market Rate $11.7 - - 98% Construct1 Retail $9.9 - - 21% CRE- Office1 Conversion to Lab $8.8 - $8.3 0% $0.62 $5.90 $1.93 $1.39 $0.74 0.05% 0.48% 0.16% 0.11% 0.06% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Annualized Provision/Loans % $49.1 $54.0 $56.1 $49.3 $48.0 1.02% 1.11% 1.16% 1.02% 1.01% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 ACL % 1: Updated appraisals obtained at time of downgrade to Substandard 2: Comprised of a CRE loan and a C&I loan Note: The decrease in the ACL in Q1 25 is due to a $8.3 MM charge-off  |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g008.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 8 C&I and Small Business Profile New England Focused Maturity Profile C&I and Small Business Loans ($644 MM) Portfolio Characteristics Portfolio Composition ($ MM) Highlights  33% combined growth since Q1 2024 for C&I and Small Business  New England focused portfolio with 90% in Massachusetts and Rhode Island  Top 20 C&I obligors have a weighted average debt service coverage ratio (DSCR)2 of ~2.43x  C&I & Small Business Delinquency Rate of 1.05%  Top 5 SBA lender in Rhode Island3 MA 58% RI 32% Other New England 8% Other 2% 2025 10% 2026 10% 2027 7% 2028 7% 2029 & later 66% 1: $1 million of Non-Accrual exposure comprised of the guaranteed portion of SBA 7(a) loan attributed to a single borrower; 2: DSCR calculated based on most recent financial information, typically received annually; 3.Source: SBA 7(a) & 504 Lender Report for the 3 months ended June 30, 2025, based on dollars approved. Type Balance Avg Balance Classified Non-Acc Manufacturing $128.5 $0.9 $7.6 - Utilities $102.6 $3.3 - - Healthcare $91.0 $0.4 $10.0 $8.8 Education $78.2 $2.8 - - Retail $30.2 $0.2 - - Construction $31.4 $0.1 $0.6 $0.3 Restaurant $24.1 $0.3 $0.1 $0.6 Wholesale Trade $23.1 $0.4 - - Rental and Leasing $17.0 $0.7 - - Administrative $17.4 $0.1 $0.1 $0.3 Professional Services $13.1 $0.1 - - All Others1 $107.5 $0.2 $1.2 $1.2 Total $644.1 $0.3 $19.6 $11.2 $352.0 $394.3 $436.1 $467.3 $481.5 $147.0 $155.6 $158.4 $160.2 $162.5 $499.0 $549.9 $594.5 $627.5 $644.0 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 C&I Small Business |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g009.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 9 Commercial Real Estate & Construction Profile New England Focused Maturity Profile Portfolio by Type ($2.4 B) Portfolio Characteristics Portfolio Composition ($ MM) Highlights 1: DSCR calculated based on most recent financial information, typically received annually; 2: LTV is based on origination appraisal vs current balances, with a weighted average seasoning of approximately 3 years. 14% of CRE is Owner Occupied  Top 20 CRE obligors have a weighted average debt service coverage ratio (DSCR)1 of 1.23x  Top 20 CRE obligors have a weighted average Loan-to-Value (LTV)2 of 59%  CRE & Construction Delinquency Rate of 0.40%  NOO CRE/Construction to Capital Ratio of 343%, down from 362% at the beginning of the year  Q2 25 charge-off of $1.7 MM on one credit included in office to record fair value after restructure with new borrower Type Balance Avg Balance Classified Non-Acc Industrial/Warehouse $533.2 $7.3 $7.5 - Multifamily $444.2 $6.8 $21.9 $0.6 Hotel/Hospitality $247.5 $7.5 $4.2 - Retail Trade $287.7 $3.6 $9.9 - Office $212.1 $5.4 $28.7 $8.8 Healthcare $212.6 $3.7 $28.0 - Educational Services $76.5 $5.9 - - Restaurant $49.2 $2.0 - - Manufacturing $23.2 $2.6 - - Construction $4.0 $0.4 - - All Others $279.9 $2.2 $3.7 - Total $2,370.1 $5.6 $103.9 $9.4 Industrial/ Warehouse 23% Multifamily 19% Hotel 10% Retail 12% Office 9% Healthcare 9% Education 3% Restaurant 2% Other 13% 2025 8% 2026 16% 2027 16% 2028 7% 2029 and later MA 53% 64% RI 14% NH 8% CT 5% NY 2% Other 7% |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g010.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 10 CRE & Construction- Focus on Office ($212 MM) Geography Maturity Profile Type Balance Avg Loan Balance LTV1 DSCR2 Asset Quality Pass Special Mention Classified3 Non-Accrual Class A $48.3 $8.1 84.1% 1.24 $39.5 - $8.8 $8.8 Class B $125.7 $5.2 66.9% 1.29 $105.9 - $19.9 - Class C $19.1 $2.4 49.2% 1.39 $19.1 - - - Construction $19.0 $19.0 NA NA $19.0 - - - Portfolio Composition ($ MM) 1: LTV based on most recent appraisals 2: DSCR based on most recent financial information from borrowers, typically received annually; 3: Class A $8.8 MM loan and $19.0 MM Construction loans are participations 2025 18% 2026 19% 2027 5% 2028 7% 2029 & later 51% MA 60% RI 20% CT 9% NH 9% Outside New England 2%  Classified Class A Office represents a single credit with no specific reserve; $8.3 million was charged off during the first quarter  Class B classified loans includes a $13.6 MM loan that was assumed by a new borrower and recorded at fair value, resulting in a $1.7 M charge-off in the quarter. Highlights |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g011.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 11 CRE & Construction- Focus on Multifamily ($444 MM) New England Focused Maturity Profile Portfolio by Type Portfolio Characteristics Portfolio Composition Highlights  Top 20 Multifamily obligors have a weighted average debt service coverage ratio (DSCR)2 of 1.16x  No delinquencies in Multifamily portfolio  Focus on properties rated 3 Stars or better by CoStar 1: LTV based on most recent appraisal; 2: DSCR calculated based on most recent financial information, typically received annually; excludes Construction. Type Balance Avg Balance LTV1 Classified Non-Acc Traditional (Mkt Rate) $252.0 $5.4 66% $16.1 $0.6 Affordable Housing $74.2 $12.4 59% - - Rent Restricted $49.4 $24.7 66% - - Mixed Use $14.4 $3.6 62% - - Other $1.6 $1.6 72% - - Construction $52.6 $13.1 NA $5.9 - Traditional 57% Construction 12% Affordable Housing 17% Rent Restricted 11% Mixed Use 3% Other 0% MA 73% RI 14% CT 11% NY 1% NH 1% 2025 10% 2026 15% 2027 20% 2028 13% 2029 & Later 42% |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g012.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 12 Client Deposit Composition(1) Deposits Average Balances and Cost of Deposits 20% 11% 69% Business Municipal Consumer 25% 21% 28% 26% DDA/ NOW Savings Money Market CD Loan / Deposit Ratio Highlights  Total deposits decreased $125.1 million in Q2 25, with decreases in all deposit types except DDA, which increased $10.0 million  Average deposits increased $50.6 million in Q2 25, $40.4 million due an increase in average NOW and noninterest-bearing checking  Cost of deposits decreased 3 basis points to 2.45% for the three months ended June 30, 2025 (1) Excludes Brokered Deposits $4.3 B $4.5 B $4.5 B $4.5 B $4.6 B 2.53% 2.68% 2.62% 2.48% 2.45% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Average Deposits Cost of Deposits 108.5% 107.6% 106.6% 104.4% 105.2% Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g013.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 13 Est. Uninsured Deposits & Available Liquidity Available Liquidity ($ MM) Solid Liquidity to Cover Uninsured Deposits $181 $211 $564 $629 $694 $762 Q2 25 Q1 25 Cash and other FRB FHLB ($ MM) Q2 25 Q1 25 Uninsured Deposits1 $935 $942 Less: FHLB LOC Secured Deposits 182 189 Uninsured deposits (after exclusions) $753 $754 Total Deposits $4,494 $4,619 Uninsured Deposits as a % of Total Deposits 17% 16% Immediately Available Liquidity $1,439 $1,602 Coverage as % of Immediately Available Liquidity 191% 212% 1Uninsured deposits excludes subsidiary accounts $1,439 $1,602 |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g014.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 14 Capital Management  The Company remains well capitalized and is able to weather economic volatility  Share buyback program terminated pending merger with Eastern  Strong Tangible Capital Ratio of 9.4% with minimal securities categorized as Held to Maturity 10.5% 8.5% 7.0% 4.0% 13.3% 12.2% 12.2% 10.0% 9.4% Total Capital Tier 1 Capital Tier 1 Common Equity Tier 1 Leverage Tangible Common Equity Minimum Capital Required plus Capital Conservation Buffer HONE 1 Capital Ratios are preliminary as of June 30, 2025. Capital Ratios1 Highlights |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g015.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 15 Mortgage Banking ($ in 000's) Q2 25 Q1 25 Q2 24 Gain on Sale $3,378 $2,716 $3,141 Change in MSR FV, amortization and hedge ($1001) ($1238) ($1024) Servicing Revenue / Other $2,435 $2,090 $2,417 Total Revenue $5,345 $3,777 $4,993 Expenses $4,775 $4,504 $5,269 Net Income (Loss) $469 ($491) $(191)  Mortgage servicing rights (MSR) valuation down $505K quarter over quarter due to changes in key benchmark rates used in the valuation model, partially offset by $349,000 gain on economic hedge  Mortgage closings increased 54% quarter-over-quarter due to seasonality; Gain-on-Sale revenue increased $662K quarter-over-quarter  Q2 2025 production volume was 86% purchase and 14% refinance Highlights Key Drivers/Statistics $ Disbursements $176 MM $114 MM $173 MM Gain on Sale Margin 1.92% 2.38% 1.82% FTE's 100 127 130 Offices 9 15 15 Change in MSR FV, amortization and hedge due to: Amortization and payoffs ($845 K) ($712 K) ($888 K) MSR Fair Value ($505 K) ($1.1 MM) $144 K Net gain(loss) economic hedge $349 K $561 K ($280 K) |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g016.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 16 Bank Stand-Alone ($ in 000's) Q2 25 Q1 25 Q2 24 Interest Income $65,269 $64,205 $67,687 Interest Expense $32,363 $32,890 $36,589 Net Interest Income $32,906 $31,315 $31,098 Provision $739 $1,385 $615 Noninterest Income $7,381 $6,392 $7,156 Noninterest Expense $28,237 $28,185 $27,791 Net Income $8,558 $6,234 $7,538 Key Drivers/Statistics ROAA 0.61% 0.44% 0.52% Tax equivalent efficiency ratio 68.7% 73.4% 71.7% Margin 2.47% 2.35% 2. 28% FTE's 388 389 408 Nonaccrual Loans $32.7MM $30.9MM $9.8MM Annualized Net charge-off rate 0.14% 0.72% 0.02% ACL/Loans 1.01% 1.02% 1.02%  Net Interest Income of $32.9 MM, up 5.1% quarter over quarter, including commercial prepayment penalties of $781K  $739K provision in Q2 25, reflects a $355K provision for loan credit losses and a $384K provision for unfunded commitments  Noninterest income up $989K quarter-over-quarter due to $547K Employee Retention Tax Credit received and $382K of swap fee income  Noninterest Expenses up slightly, $52K quarter over quarter primarily due to merger expenses of $641K and a $289K increase in marketing expense partially offset by lower compensation and benefit costs and a seasonal decrease in occupancy and equipment expense Highlights |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g017.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 17 HarborOne U - "Enriching lives through education" Original content, tools, templates, case studies, and calculators to help small businesses achieve financial success. A personalized education platform that helps individuals and families gain skills and build confidence in their financial choices. Consumer Small Business |

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| &nbsp;&nbsp;![GRAPHIC](hone-20250724xex99d2g018.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Q2 2025 18 A Commitment to Doing What's Right Mission Statement We provide a personalized experience while caring about every customer. We focus on understanding their financial goals for today and dreams for tomorrow. We are unwavering in our commitment to the communities that we serve. Vision Statement To be our customers' most trusted financial partner. Our Values Integrity. Teamwork. Trust. Respect. Accountability. |

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