Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.46% | +0.55 | 2.91% |
| Return on Equity (%) | ▲ | 20.45% | +1.34 | 19.11% |
| Net Interest Margin (%) | ▼ | 3.72% | -0.04 | 3.75% |
| Efficiency Ratio (%) | ▲ | 74.07% | -0.76 | 74.82% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.03 | $4 |
| Cost of Funds (%) | ▲ | 0.24% | -0.02 | 0.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $478 | +5.70 | $473 |
| Gross Loans ($M) | ▼ | $147 | -4.46 | $152 |
| Loan Growth YoY (%) | ▼ | 39.17% | -1.78 | 40.96% |
| Total Deposits ($M) | ▲ | $370 | +5.61 | $364 |
| Shareholders Equity ($M) | ▲ | $83 | +11.74 | $71 |
| Tang. Book Value ($M) | ▲ | $83 | +11.74 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +12.53 | $84 |
| Loan / Deposit Ratio (%) | ▼ | 39.17% | -1.78 | 40.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.75% | +0.03 | 0.72% |
| Allowance / Loans (%) | — | 1.71% | -0.06% | 1.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.12 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($9.92M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅▆█▇▁▄ | Net Interest Margin (%) | 3.79% | 3.78% | 3.73% | 3.75% | 3.79% | 3.77% | 3.66% | 3.72% |
| ▅▅▁▄▇█▃▇ | Return on Assets (%) | 3.02% | 3.15% | 2.20% | 2.91% | 3.58% | 3.82% | 2.78% | 3.46% |
| █▇█▇▄▁▇▆ | Efficiency Ratio (%) | 75.4% | 74.5% | 75.7% | 74.8% | 71.8% | 69.3% | 74.4% | 74.1% |
| ▁▃▂▃█▃▂▁ | Cost of Funds (%) | 0.24% | 0.26% | 0.25% | 0.26% | 0.32% | 0.27% | 0.25% | 0.24% |
| █▂▂▁▁▁▁▁ | NPA / Assets (%) | 1.11% | 0.79% | 0.78% | 0.72% | 0.73% | 0.73% | 0.77% | 0.75% |
| █▂▂▁▁▁▂▁ | Net Charge-Off Ratio (%) | 1.31% | 0.39% | 0.38% | 0.24% | 0.27% | 0.32% | 0.40% | 0.36% |
| ▁▁▁▁▅▆▆█ | Tang. Book Value ($M) | $70 | $71 | $70 | $71 | $78 | $79 | $79 | $83 |
| ██▅▅▅▁▂▃ | Gross Loans ($M) | $157 | $158 | $152 | $152 | $151 | $142 | $145 | $147 |
| ▁▅▅▂▁█▆▄ | Total Deposits ($M) | $359 | $375 | $374 | $364 | $361 | $385 | $378 | $370 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 5% |
| Consumer | 3% |
| Other | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 95% |