Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.65% | +0.07 | 0.59% |
| Return on Equity (%) | ▲ | 7.48% | +0.17 | 7.31% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.34 | 3.28% |
| Efficiency Ratio (%) | ▲ | 77.12% | -1.10 | 78.22% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.49 | $1 |
| Cost of Funds (%) | ▲ | 1.14% | -0.09 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $652 | +17.93 | $634 |
| Gross Loans ($M) | ▲ | $521 | +23.25 | $497 |
| Loan Growth YoY (%) | ▲ | 100.83% | +3.24 | 97.58% |
| Total Deposits ($M) | ▲ | $511 | +6.41 | $505 |
| Shareholders Equity ($M) | ▲ | $58 | +5.39 | $52 |
| Tang. Book Value ($M) | ▲ | $58 | +5.40 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +5.00 | $57 |
| Loan / Deposit Ratio (%) | ▲ | 100.83% | +3.24 | 97.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.22 | 0.17% |
| Allowance / Loans (%) | — | 0.99% | 0.04% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.49% | +0.27 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.36% | +0.25 | 14.11% |
Noninterest income ($1.16M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅▇█ | Net Interest Margin (%) | 3.08% | 3.11% | 3.24% | 3.28% | 3.31% | 3.38% | 3.52% | 3.62% |
| ▁▁█▇▇▆██ | Return on Assets (%) | 0.32% | 0.34% | 0.66% | 0.59% | 0.60% | 0.56% | 0.65% | 0.65% |
| ██▁▂▁▂▂▁ | Efficiency Ratio (%) | 87.2% | 86.2% | 76.9% | 78.2% | 77.5% | 79.4% | 79.3% | 77.1% |
| █▆█▇██▃▁ | Cost of Funds (%) | 1.25% | 1.22% | 1.26% | 1.23% | 1.26% | 1.26% | 1.17% | 1.14% |
| ▁▄▂▁▂▄▁█ | NPA / Assets (%) | 0.19% | 0.26% | 0.21% | 0.17% | 0.21% | 0.26% | 0.19% | 0.39% |
| ▁▄▂▁▂▄▁█ | Net Charge-Off Ratio (%) | 0.25% | 0.33% | 0.27% | 0.22% | 0.27% | 0.33% | 0.24% | 0.49% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $50 | $48 | $51 | $52 | $54 | $56 | $57 | $58 |
| ▁▄▄▅▇▆▇█ | Gross Loans ($M) | $466 | $489 | $487 | $497 | $508 | $507 | $507 | $521 |
| ▄█▃▄▁▃▆▆ | Total Deposits ($M) | $505 | $520 | $504 | $505 | $496 | $504 | $514 | $511 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 15% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 4% |