Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.16 | 0.71% |
| Return on Equity (%) | ▲ | 7.42% | +1.22 | 6.20% |
| Net Interest Margin (%) | ▲ | 4.57% | +0.50 | 4.07% |
| Efficiency Ratio (%) | ▼ | 73.32% | +0.90 | 72.42% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.25% | -0.13 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $225 | +15.76 | $209 |
| Gross Loans ($M) | ▲ | $186 | +13.67 | $172 |
| Loan Growth YoY (%) | ▼ | 93.66% | -0.48 | 94.13% |
| Total Deposits ($M) | ▲ | $196 | +15.34 | $181 |
| Shareholders Equity ($M) | ▲ | $26 | +2.06 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.13 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 93.66% | -0.48 | 94.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.31 | 0.60% |
| Allowance / Loans (%) | — | 1.20% | -0.00% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.37 | 0.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.64M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅██ | Net Interest Margin (%) | 3.93% | 3.95% | 3.99% | 4.07% | 4.23% | 4.28% | 4.50% | 4.57% |
| ▅▄▁▄▇▆▅█ | Return on Assets (%) | 0.77% | 0.71% | 0.61% | 0.71% | 0.82% | 0.80% | 0.76% | 0.87% |
| ▅██▄▁▄█▅ | Efficiency Ratio (%) | 73.2% | 74.9% | 74.8% | 72.4% | 70.7% | 72.7% | 74.5% | 73.3% |
| █▆▅▃▁▂▁▁ | Cost of Funds (%) | 1.64% | 1.52% | 1.46% | 1.38% | 1.26% | 1.31% | 1.25% | 1.25% |
| ██▇▇▃▄▃▁ | NPA / Assets (%) | 0.64% | 0.65% | 0.59% | 0.60% | 0.40% | 0.47% | 0.39% | 0.30% |
| ██▇▇▃▄▂▁ | Net Charge-Off Ratio (%) | 0.80% | 0.79% | 0.73% | 0.73% | 0.48% | 0.55% | 0.47% | 0.36% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $23 | $23 | $23 | $24 | $24 | $25 | $25 | $26 |
| ▁▂▂▃▅▆██ | Gross Loans ($M) | $167 | $170 | $170 | $172 | $177 | $180 | $185 | $186 |
| ▁▁▂▁▁▁▆█ | Total Deposits ($M) | $181 | $181 | $183 | $181 | $179 | $180 | $190 | $196 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |