Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.47 | 1.05% |
| Return on Equity (%) | ▲ | 13.57% | +2.88 | 10.69% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.29 | 3.96% |
| Efficiency Ratio (%) | ▲ | 57.91% | -3.86 | 61.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 2.86% | -0.58 | 3.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $122 | -7.26 | $129 |
| Gross Loans ($M) | ▼ | $95 | -3.20 | $98 |
| Loan Growth YoY (%) | ▲ | 87.60% | +3.73 | 83.87% |
| Total Deposits ($M) | ▼ | $107 | -8.58 | $116 |
| Shareholders Equity ($M) | ▲ | $15 | +1.79 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.79 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 87.60% | +3.73 | 83.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.09% | 0.05% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▁▄▆▅█ | Net Interest Margin (%) | 4.13% | 4.13% | 3.94% | 3.96% | 4.08% | 4.16% | 4.12% | 4.26% |
| ▁▁▁▂▃▄▂█ | Return on Assets (%) | 0.96% | 1.02% | 1.03% | 1.05% | 1.13% | 1.18% | 1.07% | 1.52% |
| ▇▇█▅▄▃█▁ | Efficiency Ratio (%) | 64.2% | 63.5% | 64.4% | 61.8% | 61.0% | 60.0% | 65.2% | 57.9% |
| ▆█▃▆▆▂▁▁ | Cost of Funds (%) | 3.44% | 3.66% | 3.08% | 3.44% | 3.37% | 3.05% | 2.87% | 2.86% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $12 | $12 | $12 | $13 | $13 | $14 | $14 | $15 |
| ▁▁▃▅▅█▂▁ | Gross Loans ($M) | $95 | $95 | $97 | $98 | $98 | $100 | $96 | $95 |
| ▂▁█▇▃▄▆▂ | Total Deposits ($M) | $106 | $104 | $119 | $116 | $108 | $111 | $114 | $107 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 19% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |