Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.78% | -0.01 | 0.79% |
| Return on Equity (%) | ▼ | 6.03% | -0.07 | 6.10% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.12 | 4.00% |
| Efficiency Ratio (%) | ▲ | 74.31% | -0.21 | 74.52% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.27% | -0.02 | 1.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +9.83 | $181 |
| Gross Loans ($M) | ▲ | $141 | +9.09 | $132 |
| Loan Growth YoY (%) | ▲ | 87.06% | +4.06 | 83.01% |
| Total Deposits ($M) | ▲ | $160 | +3.14 | $157 |
| Shareholders Equity ($M) | ▲ | $25 | +1.56 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +1.56 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 87.06% | +4.06 | 83.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.09 | 0.26% |
| Allowance / Loans (%) | — | 0.95% | -0.08% | 1.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.07 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.27M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▄▆▇██ | Net Interest Margin (%) | 4.16% | 4.15% | 3.85% | 4.00% | 4.04% | 4.10% | 4.12% | 4.12% |
| ██▁▂▂▂▁▂ | Return on Assets (%) | 1.95% | 1.86% | 0.56% | 0.79% | 0.78% | 0.79% | 0.64% | 0.78% |
| ▁▁█▆▇▇█▆ | Efficiency Ratio (%) | 55.1% | 58.2% | 82.4% | 74.5% | 76.1% | 75.7% | 79.2% | 74.3% |
| ▅▄▄▆█▆▁▅ | Cost of Funds (%) | 1.26% | 1.22% | 1.25% | 1.28% | 1.34% | 1.28% | 1.16% | 1.27% |
| ▁▁▁▃▅▃▄█ | NPA / Assets (%) | 0.21% | 0.22% | 0.22% | 0.26% | 0.29% | 0.25% | 0.27% | 0.35% |
| ▃▄▄▇█▁▂▅ | Net Charge-Off Ratio (%) | 0.22% | 0.24% | 0.25% | 0.36% | 0.40% | 0.14% | 0.18% | 0.29% |
| ▄▅▁▂▅▆▇█ | Tang. Book Value ($M) | $23 | $24 | $23 | $23 | $24 | $24 | $24 | $25 |
| ▁▂▂▃▅▇▇█ | Gross Loans ($M) | $126 | $129 | $129 | $132 | $135 | $137 | $138 | $141 |
| ▁▄▇▇▇▆▇█ | Total Deposits ($M) | $143 | $150 | $158 | $157 | $157 | $155 | $156 | $160 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 65% |
| Interest-Bearing (core) | 27% |
| Brokered / Other | 8% |