Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.16 | 0.97% |
| Return on Equity (%) | ▲ | 13.10% | +1.12 | 11.98% |
| Net Interest Margin (%) | ▲ | 4.41% | +0.39 | 4.02% |
| Efficiency Ratio (%) | ▲ | 67.62% | -3.69 | 71.31% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 0.94% | -0.09 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $196 | +6.96 | $189 |
| Gross Loans ($M) | ▲ | $118 | +6.39 | $112 |
| Loan Growth YoY (%) | ▲ | 65.63% | +1.51 | 64.12% |
| Total Deposits ($M) | ▲ | $178 | +5.66 | $172 |
| Shareholders Equity ($M) | ▲ | $17 | +1.15 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +1.15 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.18 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 65.63% | +1.51 | 64.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | -0.01% | 1.27% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.07% | -0.78 | 13.85% |
Noninterest income ($0.41M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▅██ | Net Interest Margin (%) | 3.63% | 3.72% | 3.91% | 4.02% | 4.09% | 4.11% | 4.34% | 4.41% |
| ▁▁▂▅▂▃▇█ | Return on Assets (%) | 0.74% | 0.75% | 0.83% | 0.97% | 0.81% | 0.87% | 1.06% | 1.13% |
| ███▅▅▄▄▁ | Efficiency Ratio (%) | 74.1% | 73.7% | 73.4% | 71.3% | 70.9% | 70.3% | 70.1% | 67.6% |
| █▁▃▅▅▄▂▂ | Cost of Funds (%) | 1.16% | 0.86% | 0.94% | 1.02% | 1.04% | 0.99% | 0.93% | 0.94% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▃▅▄▆▇█ | Tang. Book Value ($M) | $15 | $14 | $15 | $16 | $16 | $16 | $17 | $17 |
| ▁▁▂▁▄▄▄█ | Gross Loans ($M) | $112 | $112 | $112 | $112 | $115 | $114 | $114 | $118 |
| ▁▂▆▅▂▆██ | Total Deposits ($M) | $163 | $165 | $174 | $172 | $167 | $173 | $176 | $178 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 11% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 4% |