Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.70% | +0.01 | 0.69% |
| Return on Equity (%) | ▼ | 7.06% | -0.63 | 7.69% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.02 | 3.36% |
| Efficiency Ratio (%) | ▲ | 77.57% | -3.13 | 80.70% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 0.80% | -0.12 | 0.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $186 | +4.80 | $181 |
| Gross Loans ($M) | ▼ | $85 | -1.73 | $86 |
| Loan Growth YoY (%) | ▼ | 50.08% | -1.86 | 51.94% |
| Total Deposits ($M) | ▲ | $166 | +2.69 | $164 |
| Shareholders Equity ($M) | ▲ | $19 | +2.08 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +2.08 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.30 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 50.08% | -1.86 | 51.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.09 | 0.17% |
| Allowance / Loans (%) | — | 1.58% | -0.01% | 1.59% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.05 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.52% | +1.66 | 25.86% |
Noninterest income ($0.27M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆█▇█▆█ | Net Interest Margin (%) | 3.14% | 3.21% | 3.31% | 3.36% | 3.34% | 3.37% | 3.30% | 3.37% |
| █▁▆███▆█ | Return on Assets (%) | 0.72% | 0.26% | 0.59% | 0.69% | 0.71% | 0.72% | 0.59% | 0.70% |
| ▁█▂▂▁▁▂▁ | Efficiency Ratio (%) | 76.8% | 97.7% | 81.6% | 80.7% | 79.0% | 78.3% | 80.1% | 77.6% |
| █▅▆▇▄▆▁▂ | Cost of Funds (%) | 0.96% | 0.87% | 0.90% | 0.93% | 0.86% | 0.91% | 0.77% | 0.80% |
| ▂█▄▄▄▁▁▁ | NPA / Assets (%) | 0.11% | 0.36% | 0.17% | 0.17% | 0.17% | 0.05% | 0.06% | 0.08% |
| ▂█▂▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.24% | 0.76% | 0.23% | 0.23% | 0.25% | 0.10% | 0.13% | 0.18% |
| ▄▁▃▃▇█▇█ | Tang. Book Value ($M) | $17 | $16 | $17 | $17 | $18 | $19 | $18 | $19 |
| █▆█▇▅▃▁▂ | Gross Loans ($M) | $87 | $86 | $87 | $86 | $86 | $85 | $84 | $85 |
| ▆▁▅▂▇▁█▄ | Total Deposits ($M) | $169 | $162 | $168 | $164 | $172 | $161 | $174 | $166 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 4% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |