Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.24 | 0.67% |
| Return on Equity (%) | ▲ | 8.55% | +1.20 | 7.35% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.63 | 3.71% |
| Efficiency Ratio (%) | ▲ | 71.17% | -5.99 | 77.16% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.82 | $3 |
| Cost of Funds (%) | ▼ | 1.71% | +0.12 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,424 | +17.61 | $1,406 |
| Gross Loans ($M) | ▲ | $851 | +68.44 | $782 |
| Loan Growth YoY (%) | ▲ | 70.81% | +2.58 | 68.23% |
| Total Deposits ($M) | ▲ | $1,187 | +49.90 | $1,137 |
| Shareholders Equity ($M) | ▲ | $151 | +9.10 | $142 |
| Tang. Book Value ($M) | ▲ | $121 | +1.36 | $120 |
| TBV excl. AOCI ($M)** | ▲ | $138 | +0.33 | $138 |
| Loan / Deposit Ratio (%) | ▲ | 70.81% | +2.58 | 68.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.04 | 0.37% |
| Allowance / Loans (%) | — | 1.21% | 0.38% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.53% | +0.06 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.75% | -0.24 | 13.99% |
Noninterest income ($2.93M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▃▁▄▆██ | Net Interest Margin (%) | 4.19% | 4.18% | 3.88% | 3.71% | 3.99% | 4.14% | 4.32% | 4.34% |
| ██▃▃▁▁▇█ | Return on Assets (%) | 0.94% | 0.91% | 0.67% | 0.67% | 0.58% | 0.54% | 0.89% | 0.91% |
| ▁▁▅▅██▂▁ | Efficiency Ratio (%) | 71.8% | 72.4% | 76.2% | 77.2% | 81.1% | 80.3% | 72.4% | 71.2% |
| ██▄▁█▆▁▃ | Cost of Funds (%) | 1.95% | 1.91% | 1.75% | 1.59% | 1.95% | 1.85% | 1.63% | 1.71% |
| ▂▁▄▇▇█▇█ | NPA / Assets (%) | 0.23% | 0.17% | 0.27% | 0.37% | 0.39% | 0.43% | 0.39% | 0.41% |
| ▃▁▇▅▇█▇▇ | Net Charge-Off Ratio (%) | 0.40% | 0.30% | 0.51% | 0.47% | 0.54% | 0.58% | 0.53% | 0.53% |
| ▂▁▂█████ | Tang. Book Value ($M) | $76 | $68 | $76 | $120 | $116 | $119 | $120 | $121 |
| ▁▁▂▇▇▇▇█ | Gross Loans ($M) | $447 | $485 | $514 | $782 | $782 | $791 | $796 | $851 |
| ▁▁▁█████ | Total Deposits ($M) | $748 | $767 | $762 | $1,137 | $1,186 | $1,165 | $1,189 | $1,187 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 19% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 6% |