Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.65% | +0.11 | 0.55% |
| Return on Equity (%) | ▼ | 9.31% | -0.24 | 9.55% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.34 | 3.47% |
| Efficiency Ratio (%) | ▼ | 80.24% | +0.53 | 79.71% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.44% | -0.21 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $552 | -37.14 | $589 |
| Gross Loans ($M) | ▼ | $385 | -7.79 | $393 |
| Loan Growth YoY (%) | ▼ | 81.82% | -2.34 | 84.17% |
| Total Deposits ($M) | ▲ | $466 | +3.61 | $462 |
| Shareholders Equity ($M) | ▲ | $40 | +4.47 | $35 |
| Tang. Book Value ($M) | ▲ | $40 | +4.47 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +3.25 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 81.82% | -2.34 | 84.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.19% | -0.01 | 1.20% |
| Allowance / Loans (%) | — | 0.92% | 0.04% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.98% | +0.08 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.46 | 12.46% |
Noninterest income ($1.50M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 3.22% | 3.28% | 3.47% | 3.47% | 3.54% | 3.61% | 3.76% | 3.81% |
| ▁▁▂▅▆▆▆█ | Return on Assets (%) | 0.42% | 0.43% | 0.47% | 0.55% | 0.58% | 0.57% | 0.58% | 0.65% |
| █▇▄▁▁▁▆▂ | Efficiency Ratio (%) | 84.5% | 83.8% | 81.9% | 79.7% | 79.4% | 79.8% | 82.8% | 80.2% |
| █▅▄▆▅▃▂▁ | Cost of Funds (%) | 1.76% | 1.62% | 1.57% | 1.64% | 1.64% | 1.54% | 1.51% | 1.44% |
| ▃▅▄█▁▄▅█ | NPA / Assets (%) | 0.99% | 1.08% | 1.02% | 1.20% | 0.90% | 1.04% | 1.07% | 1.19% |
| ▁▂▁▇▁▄▅█ | Net Charge-Off Ratio (%) | 0.60% | 0.67% | 0.62% | 0.90% | 0.63% | 0.78% | 0.82% | 0.98% |
| ▃▁▃▄▆▇██ | Tang. Book Value ($M) | $34 | $31 | $34 | $35 | $37 | $38 | $39 | $40 |
| ▁▃▆██▇▅▅ | Gross Loans ($M) | $376 | $382 | $387 | $393 | $393 | $389 | $385 | $385 |
| ▁▁▅▇█▆██ | Total Deposits ($M) | $443 | $445 | $457 | $462 | $464 | $459 | $467 | $466 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 4% |