Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.27 | 1.24% |
| Return on Equity (%) | ▲ | 17.69% | +2.14 | 15.55% |
| Net Interest Margin (%) | ▲ | 5.43% | +0.30 | 5.13% |
| Efficiency Ratio (%) | ▲ | 70.06% | -5.33 | 75.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.51% | -0.05 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +13.34 | $290 |
| Gross Loans ($M) | ▲ | $282 | +20.90 | $261 |
| Loan Growth YoY (%) | ▲ | 107.05% | +6.42 | 100.63% |
| Total Deposits ($M) | ▲ | $261 | +4.02 | $257 |
| Shareholders Equity ($M) | ▲ | $26 | +2.50 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +2.50 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 107.05% | +6.42 | 100.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.24% | +0.62 | 1.62% |
| Allowance / Loans (%) | — | 1.13% | -0.04% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 2.11% | +0.32 | 1.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.22% | +0.19 | 11.03% |
Noninterest income ($0.63M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 4.66% | 4.76% | 4.98% | 5.13% | 5.20% | 5.27% | 5.52% | 5.43% |
| ▁▂▄▃▄▅█▆ | Return on Assets (%) | 0.94% | 1.09% | 1.25% | 1.24% | 1.30% | 1.38% | 1.75% | 1.51% |
| █▇▆▆▅▄▁▂ | Efficiency Ratio (%) | 78.5% | 76.2% | 75.5% | 75.4% | 74.2% | 72.1% | 67.4% | 70.1% |
| ▇█▆▄▄▁▁▁ | Cost of Funds (%) | 1.60% | 1.63% | 1.58% | 1.56% | 1.56% | 1.51% | 1.50% | 1.51% |
| ▁▂▃▂▇███ | NPA / Assets (%) | 1.44% | 1.66% | 1.78% | 1.62% | 2.16% | 2.27% | 2.34% | 2.24% |
| ▁▂▃▂▇██▅ | Net Charge-Off Ratio (%) | 1.63% | 1.81% | 1.93% | 1.79% | 2.35% | 2.49% | 2.57% | 2.11% |
| ▁▂▃▃▅▆█▇ | Tang. Book Value ($M) | $22 | $22 | $23 | $23 | $24 | $25 | $26 | $26 |
| ▁▂▄▂▄▆▆█ | Gross Loans ($M) | $254 | $260 | $265 | $261 | $268 | $273 | $272 | $282 |
| ▃▁▂▄▄▆█▇ | Total Deposits ($M) | $256 | $251 | $254 | $257 | $257 | $260 | $263 | $261 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 8% |