Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.09 | 0.89% |
| Return on Equity (%) | ▲ | 9.51% | +0.88 | 8.63% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.49 | 3.96% |
| Efficiency Ratio (%) | ▼ | 71.82% | +0.70 | 71.12% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 0.86% | -0.05 | 0.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $242 | +1.93 | $240 |
| Gross Loans ($M) | ▲ | $158 | +12.23 | $145 |
| Loan Growth YoY (%) | ▲ | 72.19% | +5.30 | 66.90% |
| Total Deposits ($M) | ▲ | $215 | +1.09 | $214 |
| Shareholders Equity ($M) | ▼ | $25 | -0.15 | $25 |
| Tang. Book Value ($M) | ▼ | $25 | -0.15 | $25 |
| TBV excl. AOCI ($M)** | ▼ | $28 | -0.46 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 72.19% | +5.30 | 66.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.97% | +0.42 | 1.55% |
| Allowance / Loans (%) | — | 1.38% | -0.06% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 3.03% | +0.46 | 2.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.60% | -1.12 | 18.72% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 3.73% | 3.79% | 3.87% | 3.96% | 4.02% | 4.11% | 4.33% | 4.45% |
| ▅▅▁▆██▁█ | Return on Assets (%) | 0.85% | 0.85% | 0.65% | 0.89% | 0.99% | 1.02% | 0.68% | 0.98% |
| ▄▄▇▃▂▁█▄ | Efficiency Ratio (%) | 72.6% | 72.1% | 76.7% | 71.1% | 69.3% | 67.7% | 78.0% | 71.8% |
| ▄█▆▆█▆▁▂ | Cost of Funds (%) | 0.89% | 0.94% | 0.91% | 0.91% | 0.93% | 0.91% | 0.85% | 0.86% |
| ▁▄▇▄▆▄█▇ | NPA / Assets (%) | 1.13% | 1.53% | 1.92% | 1.55% | 1.77% | 1.53% | 2.11% | 1.97% |
| ▁▄▇▄▆▄█▇ | Net Charge-Off Ratio (%) | 1.80% | 2.43% | 3.13% | 2.56% | 2.88% | 2.52% | 3.40% | 3.03% |
| ▂▁▃▅██▃▄ | Tang. Book Value ($M) | $24 | $24 | $24 | $25 | $26 | $26 | $24 | $25 |
| ▁▂▂▂▃▄▅█ | Gross Loans ($M) | $143 | $145 | $145 | $145 | $148 | $149 | $152 | $158 |
| ▁▂▅▆▆▇█▇ | Total Deposits ($M) | $202 | $206 | $212 | $214 | $214 | $217 | $219 | $215 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 11% |
| Consumer | 13% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 4% |