Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.69% | -0.28 | 1.97% |
| Return on Equity (%) | ▼ | 12.04% | -2.89 | 14.93% |
| Net Interest Margin (%) | ▲ | 5.65% | +0.22 | 5.43% |
| Efficiency Ratio (%) | ▼ | 70.89% | +7.57 | 63.32% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.39% | -0.18 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $196 | -3.97 | $200 |
| Gross Loans ($M) | ▼ | $152 | -6.38 | $158 |
| Loan Growth YoY (%) | ▼ | 109.18% | -2.07 | 111.25% |
| Total Deposits ($M) | ▼ | $137 | -2.75 | $140 |
| Shareholders Equity ($M) | ▲ | $28 | +0.37 | $27 |
| Tang. Book Value ($M) | ▲ | $27 | +0.57 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 109.18% | -2.07 | 111.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.73% | +0.02 | 1.71% |
| Allowance / Loans (%) | — | 1.69% | -0.24% | 1.93% |
| Net Charge-Off Ratio (%) | ▼ | 2.23% | +0.10 | 2.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.74% | +0.64 | 19.10% |
Noninterest income ($0.56M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▇▇██ | Net Interest Margin (%) | 5.12% | 5.16% | 5.26% | 5.43% | 5.53% | 5.58% | 5.59% | 5.65% |
| ▁▁▇███▆▆ | Return on Assets (%) | 0.87% | 0.93% | 1.86% | 1.97% | 1.94% | 2.01% | 1.67% | 1.69% |
| ▆▆▁▃▄▄██ | Efficiency Ratio (%) | 67.8% | 67.0% | 59.4% | 63.3% | 64.1% | 64.7% | 70.6% | 70.9% |
| ██▅▄▄▃▁▁ | Cost of Funds (%) | 1.83% | 1.80% | 1.62% | 1.57% | 1.56% | 1.51% | 1.37% | 1.39% |
| ▅█▆▅▁▇▆▆ | NPA / Assets (%) | 1.72% | 1.84% | 1.73% | 1.71% | 1.53% | 1.78% | 1.76% | 1.73% |
| ▇█▇▄▁▆▆▅ | Net Charge-Off Ratio (%) | 2.33% | 2.43% | 2.36% | 2.14% | 1.93% | 2.26% | 2.27% | 2.23% |
| ▁▂▄▅█▅██ | Tang. Book Value ($M) | $25 | $25 | $26 | $26 | $27 | $26 | $27 | $27 |
| █▆▁▇▅▂▂▁ | Gross Loans ($M) | $160 | $157 | $151 | $158 | $156 | $153 | $153 | $152 |
| █▄▇▃▁▁▂▁ | Total Deposits ($M) | $150 | $142 | $146 | $140 | $137 | $135 | $137 | $137 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 7% |
| Consumer | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 8% |