Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.44 | 1.04% |
| Return on Equity (%) | ▲ | 13.85% | +2.29 | 11.56% |
| Net Interest Margin (%) | ▲ | 4.75% | +0.77 | 3.99% |
| Efficiency Ratio (%) | ▲ | 59.21% | -9.33 | 68.53% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.53 | $1 |
| Cost of Funds (%) | ▼ | 1.27% | +0.66 | 0.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $430 | +223.78 | $206 |
| Gross Loans ($M) | ▲ | $313 | +186.88 | $126 |
| Loan Growth YoY (%) | ▲ | 81.48% | +14.10 | 67.38% |
| Total Deposits ($M) | ▲ | $380 | +195.94 | $184 |
| Shareholders Equity ($M) | ▲ | $46 | +27.51 | $19 |
| Tang. Book Value ($M) | ▲ | $44 | +24.98 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +26.85 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 81.48% | +14.10 | 67.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -0.10 | 0.37% |
| Allowance / Loans (%) | — | 0.97% | -0.47% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.02 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.93M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▂▅██ | Net Interest Margin (%) | 3.77% | 3.89% | 3.86% | 3.99% | 4.01% | 4.37% | 4.70% | 4.75% |
| ▁▁▁▁▁█▃▅ | Return on Assets (%) | 0.91% | 0.98% | 1.00% | 1.04% | 1.04% | 2.03% | 1.31% | 1.48% |
| ██▇▇▇▁▄▃ | Efficiency Ratio (%) | 71.9% | 69.9% | 68.9% | 68.5% | 68.6% | 53.1% | 61.5% | 59.2% |
| ▃▂▁▁▁███ | Cost of Funds (%) | 0.82% | 0.78% | 0.66% | 0.61% | 0.65% | 1.33% | 1.27% | 1.27% |
| █▄▇▂▂▁▁▁ | NPA / Assets (%) | 0.81% | 0.46% | 0.70% | 0.37% | 0.33% | 0.25% | 0.28% | 0.27% |
| ▇▃█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.88% | 0.52% | 1.00% | 0.33% | 0.28% | 0.28% | 0.32% | 0.36% |
| ▁▁▁▁▁███ | Tang. Book Value ($M) | $19 | $18 | $19 | $19 | $20 | $41 | $42 | $44 |
| ▁▁▁▁▁███ | Gross Loans ($M) | $133 | $132 | $130 | $126 | $123 | $296 | $299 | $313 |
| ▁▁▁▁▁███ | Total Deposits ($M) | $184 | $182 | $187 | $184 | $185 | $375 | $372 | $380 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 3% |