Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.06 | 0.91% |
| Return on Equity (%) | ▼ | 9.64% | -0.41 | 10.05% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.10 | 3.82% |
| Efficiency Ratio (%) | ▲ | 69.56% | -4.54 | 74.10% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 0.48% | -0.15 | 0.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $217 | +14.28 | $203 |
| Gross Loans ($M) | ▼ | $68 | -4.16 | $72 |
| Loan Growth YoY (%) | ▼ | 34.11% | -4.36 | 38.47% |
| Total Deposits ($M) | ▲ | $195 | +11.51 | $184 |
| Shareholders Equity ($M) | ▲ | $22 | +2.66 | $19 |
| Tang. Book Value ($M) | ▲ | $22 | +2.66 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +3.31 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 34.11% | -4.36 | 38.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.40% | -0.02% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.02 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.37M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▆▇█▇ | Net Interest Margin (%) | 3.43% | 3.50% | 3.81% | 3.82% | 3.85% | 3.88% | 4.00% | 3.91% |
| ▁▁▅▅▅▆█▆ | Return on Assets (%) | 0.55% | 0.58% | 0.85% | 0.91% | 0.91% | 0.92% | 1.14% | 0.98% |
| ██▄▄▄▃▁▂ | Efficiency Ratio (%) | 81.8% | 81.5% | 74.5% | 74.1% | 73.4% | 71.9% | 67.5% | 69.6% |
| █▅▃▃▃▂▂▁ | Cost of Funds (%) | 0.90% | 0.73% | 0.60% | 0.63% | 0.62% | 0.55% | 0.57% | 0.48% |
| █▃▁▂▂▃▁▂ | NPA / Assets (%) | 0.04% | 0.02% | 0.01% | 0.01% | 0.01% | 0.02% | 0.01% | 0.02% |
| █▃▁▂▂▃▂▃ | Net Charge-Off Ratio (%) | 0.12% | 0.05% | 0.02% | 0.03% | 0.04% | 0.05% | 0.03% | 0.05% |
| ▃▁▃▄▇███ | Tang. Book Value ($M) | $19 | $17 | $18 | $19 | $21 | $22 | $22 | $22 |
| █▇▇▅▆▃▅▁ | Gross Loans ($M) | $75 | $74 | $74 | $72 | $73 | $70 | $72 | $68 |
| ▁▃▃▄▄█▄█ | Total Deposits ($M) | $174 | $181 | $181 | $184 | $184 | $197 | $184 | $195 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 19% |
| Consumer | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 50% |
| Interest-Bearing (core) | 50% |