Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.01 | 1.10% |
| Return on Equity (%) | ▼ | 13.92% | -0.62 | 14.54% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.35 | 3.80% |
| Efficiency Ratio (%) | ▼ | 74.96% | +2.52 | 72.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.36 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +11.22 | $165 |
| Gross Loans ($M) | ▲ | $132 | +14.18 | $118 |
| Loan Growth YoY (%) | ▲ | 85.43% | +4.07 | 81.35% |
| Total Deposits ($M) | ▲ | $153 | +9.76 | $143 |
| Shareholders Equity ($M) | ▲ | $15 | +1.24 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.34 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 85.43% | +4.07 | 81.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Allowance / Loans (%) | — | 1.10% | -0.12% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.09 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.70% | -0.51 | 11.21% |
Noninterest income ($1.03M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▄▄▇█ | Net Interest Margin (%) | 3.65% | 3.72% | 3.70% | 3.80% | 3.87% | 3.89% | 4.04% | 4.15% |
| ▁▆████▃█ | Return on Assets (%) | 0.86% | 1.02% | 1.08% | 1.10% | 1.10% | 1.10% | 0.95% | 1.11% |
| ▇▄▁▁▃▃█▅ | Efficiency Ratio (%) | 77.3% | 74.8% | 71.8% | 72.4% | 73.8% | 73.8% | 78.1% | 75.0% |
| ▆▆█▇▄▁▄▁ | Cost of Funds (%) | 1.73% | 1.70% | 1.86% | 1.76% | 1.61% | 1.43% | 1.60% | 1.40% |
| ▁▆█▃▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.15% | 0.21% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▆█▃▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.20% | 0.30% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $13 | $13 | $13 | $14 | $14 | $14 | $14 | $15 |
| ▁▁▁▁▁▄▆█ | Gross Loans ($M) | $117 | $118 | $118 | $118 | $118 | $124 | $126 | $132 |
| ▁▄▃▁▄█▁▄ | Total Deposits ($M) | $141 | $151 | $149 | $143 | $153 | $165 | $144 | $153 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 25% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 2% |