Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.69% | +0.02 | 0.67% |
| Return on Equity (%) | ▼ | 4.32% | -0.54 | 4.86% |
| Net Interest Margin (%) | ▲ | 2.45% | +0.27 | 2.17% |
| Efficiency Ratio (%) | ▼ | 63.92% | +0.90 | 63.02% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.29 | $1 |
| Cost of Funds (%) | ▲ | 2.35% | -0.67 | 3.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $153 | -21.20 | $174 |
| Gross Loans ($M) | ▲ | $87 | +0.18 | $86 |
| Loan Growth YoY (%) | ▲ | 67.27% | +10.35 | 56.92% |
| Total Deposits ($M) | ▼ | $125 | -22.74 | $148 |
| Shareholders Equity ($M) | ▲ | $25 | +0.99 | $25 |
| Tang. Book Value ($M) | ▲ | $22 | +0.98 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 67.27% | +10.35 | 56.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 2.84% | 0.18% | 2.67% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.22M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▄▅▆▇█ | Net Interest Margin (%) | 2.12% | 2.16% | 1.94% | 2.17% | 2.23% | 2.32% | 2.37% | 2.45% |
| ▅▅▁▅▅▆█▅ | Return on Assets (%) | 0.68% | 0.66% | 0.39% | 0.67% | 0.67% | 0.76% | 0.90% | 0.69% |
| ▃▃█▂▃▂▁▃ | Efficiency Ratio (%) | 65.0% | 64.5% | 77.0% | 63.0% | 63.6% | 61.4% | 58.6% | 63.9% |
| ██▇▆▄▃▂▁ | Cost of Funds (%) | 3.37% | 3.37% | 3.21% | 3.02% | 2.82% | 2.65% | 2.53% | 2.35% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▃▅▇██ | Tang. Book Value ($M) | $21 | $21 | $21 | $21 | $21 | $22 | $22 | $22 |
| ▁▄▁█▁▂▇█ | Gross Loans ($M) | $84 | $86 | $85 | $86 | $85 | $85 | $86 | $87 |
| ██▆▆▄▅▂▁ | Total Deposits ($M) | $158 | $156 | $148 | $148 | $141 | $142 | $131 | $125 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 29% |