Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.43% | -0.09 | 0.52% |
| Return on Equity (%) | ▼ | 3.56% | -1.56 | 5.12% |
| Net Interest Margin (%) | ▲ | 3.36% | +0.34 | 3.02% |
| Efficiency Ratio (%) | ▼ | 83.64% | +5.71 | 77.93% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.20% | -0.23 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $190 | -8.14 | $199 |
| Gross Loans ($M) | ▼ | $111 | -3.75 | $114 |
| Loan Growth YoY (%) | ▲ | 76.41% | +1.53 | 74.88% |
| Total Deposits ($M) | ▼ | $142 | -7.84 | $150 |
| Shareholders Equity ($M) | ▲ | $23 | +1.72 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +2.09 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.75 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 76.41% | +1.53 | 74.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.97% | +1.23 | 0.74% |
| Allowance / Loans (%) | — | 2.00% | 0.03% | 1.97% |
| Net Charge-Off Ratio (%) | ▼ | 3.39% | +2.11 | 1.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.22M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▆▆▇█ | Net Interest Margin (%) | 2.94% | 2.90% | 2.98% | 3.02% | 3.20% | 3.24% | 3.27% | 3.36% |
| █▇▃▃▅█▁▁ | Return on Assets (%) | 0.71% | 0.65% | 0.50% | 0.52% | 0.57% | 0.71% | 0.42% | 0.43% |
| ▁▂▅▄▂▁██ | Efficiency Ratio (%) | 72.8% | 74.2% | 78.9% | 77.9% | 75.3% | 73.3% | 83.8% | 83.6% |
| ▇██▇▃▁▁▁ | Cost of Funds (%) | 1.42% | 1.48% | 1.48% | 1.44% | 1.28% | 1.23% | 1.20% | 1.20% |
| ▁▁▁▁█▇█▇ | NPA / Assets (%) | 0.70% | 0.72% | 0.71% | 0.74% | 2.29% | 1.96% | 2.11% | 1.97% |
| ▁▁▁▁█▇█▇ | Net Charge-Off Ratio (%) | 1.25% | 1.23% | 1.25% | 1.28% | 3.89% | 3.34% | 3.59% | 3.39% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $19 | $18 | $19 | $20 | $21 | $22 | $22 | $22 |
| ▇█▇▇▆▁▄▃ | Gross Loans ($M) | $116 | $117 | $115 | $114 | $114 | $107 | $111 | $111 |
| █▄▇▆▇▁▂▂ | Total Deposits ($M) | $156 | $147 | $153 | $150 | $152 | $139 | $143 | $142 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 15% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 2% |