Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.22 | 0.96% |
| Return on Equity (%) | ▲ | 11.23% | +1.37 | 9.86% |
| Net Interest Margin (%) | ▲ | 4.50% | +0.03 | 4.47% |
| Efficiency Ratio (%) | ▲ | 63.07% | -3.77 | 66.84% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.04 | $2 |
| Cost of Funds (%) | ▲ | 1.79% | -0.22 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $375 | -12.94 | $388 |
| Gross Loans ($M) | ▼ | $284 | -15.29 | $299 |
| Loan Growth YoY (%) | ▼ | 85.21% | -1.13 | 86.34% |
| Total Deposits ($M) | ▼ | $329 | -13.74 | $343 |
| Shareholders Equity ($M) | ▲ | $41 | +1.89 | $40 |
| Tang. Book Value ($M) | ▲ | $40 | +1.91 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +1.88 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 85.21% | -1.13 | 86.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.22 | 0.69% |
| Allowance / Loans (%) | — | 1.11% | 0.16% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.43% | +0.20 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.78M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▁▆▇█▄█ | Net Interest Margin (%) | 4.40% | 4.36% | 4.37% | 4.47% | 4.48% | 4.51% | 4.43% | 4.50% |
| ▅▆▃▄▃▁▇█ | Return on Assets (%) | 1.01% | 1.05% | 0.93% | 0.96% | 0.92% | 0.80% | 1.13% | 1.19% |
| ▃▄▅▄▆█▁▁ | Efficiency Ratio (%) | 65.1% | 66.7% | 67.6% | 66.8% | 68.4% | 71.2% | 63.2% | 63.1% |
| █▇▃▄▃▃▁▁ | Cost of Funds (%) | 2.37% | 2.29% | 1.98% | 2.01% | 1.99% | 1.96% | 1.78% | 1.79% |
| ▃▅▇▄▄▃█▁ | NPA / Assets (%) | 0.61% | 0.73% | 0.84% | 0.69% | 0.66% | 0.62% | 0.94% | 0.47% |
| ▇█▅▁▁▁▅▃ | Net Charge-Off Ratio (%) | 0.81% | 0.95% | 0.62% | 0.23% | 0.28% | 0.26% | 0.68% | 0.43% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $36 | $36 | $37 | $38 | $39 | $39 | $39 | $40 |
| █▇█▇▁▅▃▁ | Gross Loans ($M) | $301 | $299 | $301 | $299 | $285 | $293 | $288 | $284 |
| ▆▄█▅▃▃▄▁ | Total Deposits ($M) | $346 | $339 | $352 | $343 | $338 | $337 | $340 | $329 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 16% |