Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.81% | -0.13 | 0.95% |
| Return on Equity (%) | ▼ | 8.87% | -2.58 | 11.45% |
| Net Interest Margin (%) | ▼ | 4.19% | -0.07 | 4.26% |
| Efficiency Ratio (%) | ▼ | 72.97% | +3.45 | 69.52% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.40 | $3 |
| Cost of Funds (%) | ▲ | 1.40% | -0.09 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $744 | +73.96 | $670 |
| Gross Loans ($M) | ▲ | $545 | +76.08 | $469 |
| Loan Growth YoY (%) | ▲ | 81.61% | +3.16 | 78.45% |
| Total Deposits ($M) | ▲ | $658 | +68.97 | $589 |
| Shareholders Equity ($M) | ▲ | $69 | +12.99 | $56 |
| Tang. Book Value ($M) | ▲ | $67 | +13.20 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $74 | +12.80 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 81.61% | +3.16 | 78.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.07% | +1.27 | 0.80% |
| Allowance / Loans (%) | — | 1.35% | 0.03% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 2.83% | +1.68 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.88% | +0.73 | 12.15% |
Noninterest income ($1.69M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▂▆██▁▄ | Net Interest Margin (%) | 4.17% | 4.17% | 4.12% | 4.26% | 4.33% | 4.33% | 4.07% | 4.19% |
| ▆▅▁▇█▇▁▃ | Return on Assets (%) | 0.93% | 0.89% | 0.71% | 0.95% | 1.03% | 0.98% | 0.71% | 0.81% |
| ▄▃▇▁▁▂█▅ | Efficiency Ratio (%) | 72.2% | 71.6% | 74.6% | 69.5% | 69.3% | 70.5% | 75.9% | 73.0% |
| ██▁▄▄▆▅▁ | Cost of Funds (%) | 1.60% | 1.59% | 1.41% | 1.49% | 1.48% | 1.55% | 1.50% | 1.40% |
| ▁▁▁▁▁▁▃█ | NPA / Assets (%) | 0.81% | 0.78% | 0.82% | 0.80% | 0.84% | 0.85% | 1.18% | 2.07% |
| ▁▁▁▁▁▁▃█ | Net Charge-Off Ratio (%) | 1.30% | 1.22% | 1.25% | 1.15% | 1.23% | 1.29% | 1.69% | 2.83% |
| ▁▁▁▂▆▇▇█ | Tang. Book Value ($M) | $50 | $51 | $52 | $54 | $62 | $65 | $65 | $67 |
| ▁▂▂▅▅▅▆█ | Gross Loans ($M) | $385 | $412 | $425 | $469 | $473 | $483 | $505 | $545 |
| ▁▂▃▃▅█▇█ | Total Deposits ($M) | $549 | $570 | $577 | $589 | $608 | $650 | $640 | $658 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 7% |