Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.13 | 1.05% |
| Return on Equity (%) | ▲ | 16.53% | +1.96 | 14.57% |
| Net Interest Margin (%) | ▲ | 4.22% | +0.14 | 4.08% |
| Efficiency Ratio (%) | ▲ | 73.52% | -2.05 | 75.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.50% | -0.02 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $184 | +19.54 | $164 |
| Gross Loans ($M) | ▲ | $153 | +16.91 | $136 |
| Loan Growth YoY (%) | ▲ | 92.69% | +0.80 | 91.89% |
| Total Deposits ($M) | ▲ | $164 | +16.95 | $147 |
| Shareholders Equity ($M) | ▲ | $13 | +1.16 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.16 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 92.69% | +0.80 | 91.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.54% | -0.05% | 0.59% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.07% | -0.39 | 10.46% |
Noninterest income ($0.37M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆▇█▇█ | Net Interest Margin (%) | 3.81% | 3.89% | 3.96% | 4.08% | 4.14% | 4.19% | 4.14% | 4.22% |
| ▂▁▁▄█▅██ | Return on Assets (%) | 0.98% | 0.93% | 0.93% | 1.05% | 1.17% | 1.08% | 1.19% | 1.17% |
| ▄██▄▁▅▁▁ | Efficiency Ratio (%) | 75.5% | 77.5% | 77.9% | 75.6% | 73.6% | 76.2% | 73.5% | 73.5% |
| █▃▂▇▅▅▁▆ | Cost of Funds (%) | 1.55% | 1.44% | 1.41% | 1.51% | 1.47% | 1.48% | 1.39% | 1.50% |
| ▃▁▁▁███▁ | NPA / Assets (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.07% | 0.07% | 0.07% | 0.00% |
| ▃▁▁▁███▁ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.08% | 0.08% | 0.08% | 0.00% |
| ▁▁▂▃▃▅▆█ | Tang. Book Value ($M) | $11 | $11 | $12 | $12 | $12 | $12 | $12 | $13 |
| ▁▁▁▂▅▄▄█ | Gross Loans ($M) | $133 | $132 | $131 | $136 | $143 | $140 | $140 | $153 |
| ▄▁▃▃▃▅▆█ | Total Deposits ($M) | $150 | $140 | $147 | $147 | $147 | $153 | $156 | $164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 3% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |