Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.56% | +0.08 | 0.49% |
| Return on Equity (%) | ▲ | 5.60% | +0.09 | 5.51% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.25 | 3.82% |
| Efficiency Ratio (%) | ▲ | 88.13% | -0.47 | 88.60% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 0.20% | -0.22 | 0.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $357 | -9.70 | $367 |
| Gross Loans ($M) | ▼ | $166 | -10.61 | $177 |
| Loan Growth YoY (%) | ▼ | 53.81% | -4.78 | 58.59% |
| Total Deposits ($M) | ▲ | $308 | +7.21 | $300 |
| Shareholders Equity ($M) | ▲ | $37 | +4.71 | $32 |
| Tang. Book Value ($M) | ▲ | $37 | +4.71 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +4.95 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 53.81% | -4.78 | 58.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.04 | 0.03% |
| Allowance / Loans (%) | — | 0.44% | -0.05% | 0.49% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.09 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.28% | +0.87 | 25.41% |
Noninterest income ($0.69M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 3.59% | 3.61% | 3.76% | 3.82% | 3.82% | 3.86% | 4.01% | 4.07% |
| ▁▄▃▄▄▅██ | Return on Assets (%) | 0.43% | 0.48% | 0.47% | 0.49% | 0.49% | 0.51% | 0.56% | 0.56% |
| ██▃▃▃▃▁▁ | Efficiency Ratio (%) | 90.3% | 90.2% | 88.7% | 88.6% | 88.7% | 88.6% | 87.9% | 88.1% |
| ██▇▅▅▃▂▁ | Cost of Funds (%) | 0.59% | 0.56% | 0.49% | 0.42% | 0.40% | 0.32% | 0.29% | 0.20% |
| ▁▂▂▁▃▃▁█ | NPA / Assets (%) | 0.02% | 0.03% | 0.03% | 0.03% | 0.04% | 0.04% | 0.03% | 0.06% |
| ▁▂▂▁▃▃▁█ | Net Charge-Off Ratio (%) | 0.05% | 0.06% | 0.06% | 0.05% | 0.08% | 0.08% | 0.05% | 0.14% |
| █▁▃▁▅▆▄▆ | Tang. Book Value ($M) | $38 | $33 | $34 | $32 | $35 | $37 | $35 | $37 |
| █▇▆▅▄▂▁▁ | Gross Loans ($M) | $186 | $181 | $179 | $177 | $174 | $170 | $169 | $166 |
| █▁▄▁▄▅▂▆ | Total Deposits ($M) | $311 | $302 | $304 | $300 | $305 | $306 | $303 | $308 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 51% |
| Interest-Bearing (core) | 49% |