Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.08 | 1.02% |
| Return on Equity (%) | ▲ | 10.72% | +1.20 | 9.52% |
| Net Interest Margin (%) | ▲ | 4.69% | +0.20 | 4.49% |
| Efficiency Ratio (%) | ▲ | 77.07% | -1.23 | 78.30% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.36% | -0.12 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +5.56 | $117 |
| Gross Loans ($M) | ▼ | $81 | -2.26 | $83 |
| Loan Growth YoY (%) | ▼ | 73.42% | -6.17 | 79.58% |
| Total Deposits ($M) | ▲ | $110 | +5.37 | $104 |
| Shareholders Equity ($M) | ▲ | $13 | +0.15 | $13 |
| Tang. Book Value ($M) | ▲ | $13 | +0.15 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 73.42% | -6.17 | 79.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.34% | +0.04 | 1.29% |
| Allowance / Loans (%) | — | 0.91% | 0.28% | 0.62% |
| Net Charge-Off Ratio (%) | ▼ | 2.02% | +0.47 | 1.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.21M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆▁▁▃▅▅█ | Net Interest Margin (%) | 4.63% | 4.63% | 4.47% | 4.49% | 4.53% | 4.60% | 4.61% | 4.69% |
| ▆▇▁▁▄▄█▄ | Return on Assets (%) | 1.14% | 1.16% | 1.03% | 1.02% | 1.09% | 1.08% | 1.19% | 1.10% |
| ▄▁██▄▅▁▅ | Efficiency Ratio (%) | 76.4% | 75.1% | 78.0% | 78.3% | 76.4% | 77.0% | 75.1% | 77.1% |
| ▃█▆▅▅▄▁▁ | Cost of Funds (%) | 1.42% | 1.59% | 1.51% | 1.48% | 1.48% | 1.47% | 1.36% | 1.36% |
| ▆▁██▇▇▇█ | NPA / Assets (%) | 1.02% | 0.32% | 1.41% | 1.29% | 1.18% | 1.27% | 1.20% | 1.34% |
| ▅▁█▆▆█▇█ | Net Charge-Off Ratio (%) | 1.26% | 0.38% | 1.91% | 1.55% | 1.60% | 1.87% | 1.77% | 2.02% |
| █▁▃▅█▃▅▇ | Tang. Book Value ($M) | $13 | $12 | $12 | $13 | $13 | $12 | $13 | $13 |
| ██▇▄▅▃▆▁ | Gross Loans ($M) | $86 | $86 | $85 | $83 | $84 | $83 | $84 | $81 |
| ▁▃▅▅▆▇██ | Total Deposits ($M) | $97 | $101 | $105 | $104 | $106 | $109 | $111 | $110 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 3% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 15% |