Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.58% | +0.32 | 2.27% |
| Return on Equity (%) | ▲ | 25.14% | +0.36 | 24.78% |
| Net Interest Margin (%) | ▼ | 4.92% | -0.23 | 5.14% |
| Efficiency Ratio (%) | ▲ | 49.92% | -4.76 | 54.68% |
| Pre-Provision Profit ($M) | ▲ | $8 | +1.27 | $7 |
| Cost of Funds (%) | ▼ | 0.76% | +0.01 | 0.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,095 | +20.99 | $1,074 |
| Gross Loans ($M) | ▲ | $628 | +14.88 | $613 |
| Loan Growth YoY (%) | ▲ | 72.33% | +1.09 | 71.23% |
| Total Deposits ($M) | ▲ | $851 | +3.35 | $847 |
| Shareholders Equity ($M) | ▲ | $116 | +14.94 | $101 |
| Tang. Book Value ($M) | ▲ | $116 | +14.94 | $101 |
| TBV excl. AOCI ($M)** | ▲ | $132 | +12.41 | $120 |
| Loan / Deposit Ratio (%) | ▲ | 72.33% | +1.09 | 71.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.20% | -0.28 | 1.49% |
| Allowance / Loans (%) | — | 2.01% | 0.47% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 1.71% | -0.52 | 2.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.51% | +0.80 | 16.72% |
Noninterest income ($2.77M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃███▇▁▄ | Net Interest Margin (%) | 4.77% | 4.87% | 5.16% | 5.14% | 5.15% | 5.09% | 4.78% | 4.92% |
| ▂▁▄▅▄▄▅█ | Return on Assets (%) | 1.96% | 1.85% | 2.14% | 2.27% | 2.20% | 2.19% | 2.28% | 2.58% |
| ▅▅█▇▅▅▅▁ | Efficiency Ratio (%) | 53.3% | 53.6% | 55.9% | 54.7% | 53.1% | 53.6% | 53.4% | 49.9% |
| █▃▁▂▅▇▆▂ | Cost of Funds (%) | 1.00% | 0.79% | 0.71% | 0.75% | 0.87% | 0.95% | 0.90% | 0.76% |
| █▅▃▄▂▁▄▁ | NPA / Assets (%) | 1.98% | 1.64% | 1.39% | 1.49% | 1.27% | 1.17% | 1.57% | 1.20% |
| █▃▂▂▁▁▂▁ | Net Charge-Off Ratio (%) | 4.13% | 2.50% | 2.11% | 2.24% | 1.86% | 1.64% | 2.19% | 1.71% |
| ▂▁▃▄▆█▇█ | Tang. Book Value ($M) | $93 | $87 | $95 | $101 | $107 | $113 | $111 | $116 |
| ▁▃▄▆▇██▆ | Gross Loans ($M) | $503 | $552 | $583 | $613 | $629 | $657 | $670 | $628 |
| ▅▁▆█▅█▆█ | Total Deposits ($M) | $814 | $765 | $828 | $847 | $819 | $844 | $825 | $851 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 21% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 2% |