Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.30 | 0.62% |
| Return on Equity (%) | ▲ | 8.57% | +2.60 | 5.97% |
| Net Interest Margin (%) | ▲ | 3.48% | +0.50 | 2.98% |
| Efficiency Ratio (%) | ▲ | 70.00% | -7.32 | 77.32% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 1.90% | -0.21 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $246 | +8.21 | $237 |
| Gross Loans ($M) | ▲ | $214 | +10.55 | $204 |
| Loan Growth YoY (%) | ▲ | 115.74% | +1.57 | 114.16% |
| Total Deposits ($M) | ▲ | $183 | +6.67 | $176 |
| Shareholders Equity ($M) | ▲ | $27 | +1.27 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +1.27 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 115.74% | +1.57 | 114.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.11% | -0.03% | 1.15% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 2.74% | 2.78% | 2.90% | 2.98% | 3.05% | 3.14% | 3.39% | 3.48% |
| ▁▂▁▂▃▇▆█ | Return on Assets (%) | 0.59% | 0.64% | 0.56% | 0.62% | 0.67% | 0.84% | 0.81% | 0.92% |
| ▆▅█▇▅▁▃▁ | Efficiency Ratio (%) | 76.9% | 75.1% | 79.3% | 77.3% | 75.7% | 70.6% | 72.7% | 70.0% |
| ▇█▇▇▅▃▁▁ | Cost of Funds (%) | 2.09% | 2.16% | 2.12% | 2.10% | 2.04% | 1.96% | 1.88% | 1.90% |
| ▁▁█▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▄▆▅▆█ | Tang. Book Value ($M) | $25 | $24 | $25 | $25 | $26 | $26 | $26 | $27 |
| ▁▂▂▄▄▅▅█ | Gross Loans ($M) | $197 | $200 | $200 | $204 | $205 | $207 | $208 | $214 |
| ▁▁▃▁▂▄██ | Total Deposits ($M) | $176 | $176 | $179 | $176 | $178 | $180 | $184 | $183 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 6% |