Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 16.12% | +15.19 | 0.92% |
| Return on Equity (%) | ▲ | 122.62% | +114.47 | 8.15% |
| Net Interest Margin (%) | ▼ | 5.18% | -0.02 | 5.20% |
| Efficiency Ratio (%) | ▲ | 20.11% | -59.14 | 79.25% |
| Pre-Provision Profit ($M) | ▲ | $10 | +9.61 | $0 |
| Cost of Funds (%) | ▼ | 0.95% | +0.01 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $110 | +11.55 | $99 |
| Gross Loans ($M) | ▲ | $66 | +12.83 | $53 |
| Loan Growth YoY (%) | ▲ | 72.07% | +12.52 | 59.55% |
| Total Deposits ($M) | ▲ | $89 | +2.82 | $86 |
| Shareholders Equity ($M) | ▲ | $19 | +7.99 | $11 |
| Tang. Book Value ($M) | ▲ | $19 | +7.99 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 72.07% | +12.52 | 59.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.99% | -0.27 | 3.26% |
| Allowance / Loans (%) | — | 2.71% | -0.64% | 3.34% |
| Net Charge-Off Ratio (%) | ▲ | 4.57% | -0.07 | 4.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 29.37% | +9.42 | 19.95% |
Noninterest income ($9.62M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▃▃▄▃▃ | Net Interest Margin (%) | 5.68% | 5.50% | 5.00% | 5.20% | 5.20% | 5.29% | 5.22% | 5.18% |
| ▁▁▁▁▁▁▁█ | Return on Assets (%) | 1.56% | 0.43% | 1.94% | 0.92% | 0.60% | 0.42% | 0.09% | 16.12% |
| ▆▇▅▆▇▇█▁ | Efficiency Ratio (%) | 71.7% | 88.2% | 65.3% | 79.3% | 84.6% | 88.8% | 100.2% | 20.1% |
| ▁▃▅▇███▇ | Cost of Funds (%) | 0.64% | 0.78% | 0.86% | 0.95% | 1.01% | 1.01% | 1.03% | 0.95% |
| ▁█▇▃▁▁▆▂ | NPA / Assets (%) | 2.53% | 4.91% | 4.49% | 3.26% | 2.37% | 2.63% | 4.07% | 2.99% |
| ▃█▆▃▁▂▅▃ | Net Charge-Off Ratio (%) | 4.70% | 9.17% | 7.06% | 4.64% | 2.60% | 4.21% | 6.49% | 4.57% |
| ▁▁▁▁▁▁▁█ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $11 | $11 | $11 | $19 |
| ▁▁▂▂▇▇██ | Gross Loans ($M) | $49 | $51 | $52 | $53 | $62 | $64 | $65 | $66 |
| ▁▃▅▅▆▇█▇ | Total Deposits ($M) | $79 | $82 | $86 | $86 | $87 | $89 | $91 | $89 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 4% |