Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.20% | -0.38 | 0.58% |
| Return on Equity (%) | ▼ | 2.53% | -5.68 | 8.21% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.71 | 3.21% |
| Efficiency Ratio (%) | ▼ | 88.39% | +2.36 | 86.03% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -0.44 | $0 |
| Cost of Funds (%) | ▲ | 2.29% | -0.10 | 2.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $127 | +21.58 | $105 |
| Gross Loans ($M) | ▲ | $87 | +23.14 | $64 |
| Loan Growth YoY (%) | ▲ | 77.92% | +11.20 | 66.72% |
| Total Deposits ($M) | ▲ | $111 | +15.87 | $95 |
| Shareholders Equity ($M) | ▲ | $10 | +0.15 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +0.16 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 77.92% | +11.20 | 66.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.18 | 0.18% |
| Allowance / Loans (%) | — | 1.00% | -0.13% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.30 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▁▄▆▆▇█ | Net Interest Margin (%) | 3.43% | 3.29% | 2.61% | 3.21% | 3.52% | 3.59% | 3.61% | 3.92% |
| ▂▂▁▃▃▃█▁ | Return on Assets (%) | 0.43% | 0.52% | 0.28% | 0.58% | 0.74% | 0.62% | 1.67% | 0.20% |
| █▇█▆▅▆▁▇ | Efficiency Ratio (%) | 91.0% | 89.2% | 93.4% | 86.0% | 83.3% | 86.0% | 69.4% | 88.4% |
| ▆██▄▃▂▁▂ | Cost of Funds (%) | 2.51% | 2.63% | 2.61% | 2.39% | 2.30% | 2.28% | 2.17% | 2.29% |
| █████▇▇▁ | NPA / Assets (%) | 0.19% | 0.18% | 0.18% | 0.18% | 0.18% | 0.16% | 0.15% | 0.00% |
| ███▇▆▆▆▁ | Net Charge-Off Ratio (%) | 0.38% | 0.35% | 0.33% | 0.30% | 0.27% | 0.27% | 0.25% | 0.00% |
| ▁▁▇█████ | Tang. Book Value ($M) | $4 | $4 | $9 | $9 | $10 | $10 | $10 | $10 |
| ▁▁▂▃▅▅▆█ | Gross Loans ($M) | $50 | $54 | $57 | $64 | $69 | $70 | $76 | $87 |
| ▂▃▁▁▂▃██ | Total Deposits ($M) | $96 | $98 | $93 | $95 | $96 | $99 | $110 | $111 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 15% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 18% |