Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.00 | 1.47% |
| Return on Equity (%) | ▼ | 12.22% | -1.06 | 13.28% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.40 | 4.19% |
| Efficiency Ratio (%) | ▲ | 60.58% | -3.45 | 64.04% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.43 | $2 |
| Cost of Funds (%) | ▲ | 0.63% | -0.00 | 0.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $434 | +18.68 | $415 |
| Gross Loans ($M) | ▲ | $286 | +11.11 | $275 |
| Loan Growth YoY (%) | ▲ | 74.83% | +0.25 | 74.58% |
| Total Deposits ($M) | ▲ | $378 | +13.30 | $365 |
| Shareholders Equity ($M) | ▲ | $53 | +4.93 | $48 |
| Tang. Book Value ($M) | ▲ | $53 | +4.93 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +5.66 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 74.83% | +0.25 | 74.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.13 | 0.15% |
| Allowance / Loans (%) | — | 1.07% | 0.05% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.20 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.26M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.76% | 3.80% | 4.04% | 4.19% | 4.34% | 4.38% | 4.44% | 4.59% |
| ▁▁█▇██▄█ | Return on Assets (%) | 1.08% | 1.12% | 1.52% | 1.47% | 1.52% | 1.49% | 1.27% | 1.47% |
| ██▅▄▂▃▂▁ | Efficiency Ratio (%) | 68.1% | 67.2% | 65.1% | 64.0% | 62.3% | 62.6% | 61.7% | 60.6% |
| █▇▁▂▃▂▂▁ | Cost of Funds (%) | 0.88% | 0.81% | 0.60% | 0.64% | 0.68% | 0.67% | 0.64% | 0.63% |
| ▁▁▄▅▆███ | NPA / Assets (%) | 0.01% | 0.03% | 0.12% | 0.15% | 0.20% | 0.26% | 0.27% | 0.28% |
| ▁▁▄▅▆███ | Net Charge-Off Ratio (%) | 0.02% | 0.04% | 0.18% | 0.23% | 0.29% | 0.39% | 0.41% | 0.42% |
| ▁▁▂▃▆▇▇█ | Tang. Book Value ($M) | $46 | $45 | $47 | $48 | $50 | $51 | $51 | $53 |
| ▄▃▂▁▄▃▆█ | Gross Loans ($M) | $280 | $278 | $277 | $275 | $279 | $278 | $282 | $286 |
| ▁▄▇▆▅▆██ | Total Deposits ($M) | $342 | $359 | $370 | $365 | $363 | $369 | $378 | $378 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 1% |