Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.39 | 0.27% |
| Return on Equity (%) | ▲ | 6.13% | +3.25 | 2.88% |
| Net Interest Margin (%) | ▲ | 2.33% | +0.05 | 2.28% |
| Efficiency Ratio (%) | ▲ | 87.55% | -6.94 | 94.49% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.26 | $0 |
| Cost of Funds (%) | ▲ | 2.81% | -0.23 | 3.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $159 | +2.11 | $157 |
| Gross Loans ($M) | ▼ | $122 | -1.06 | $124 |
| Loan Growth YoY (%) | ▲ | 140.70% | +1.31 | 139.39% |
| Total Deposits ($M) | ▼ | $86 | -1.48 | $88 |
| Shareholders Equity ($M) | ▲ | $17 | +1.32 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +1.32 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 140.70% | +1.31 | 139.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.54% | -0.02 | 0.56% |
| Allowance / Loans (%) | — | 0.67% | -0.09% | 0.77% |
| Net Charge-Off Ratio (%) | ▲ | 0.70% | -0.01 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -15.57 | 15.57% |
Noninterest income ($2.28M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▇▆▆▇▇█ | Net Interest Margin (%) | 2.13% | 2.13% | 2.30% | 2.28% | 2.26% | 2.30% | 2.30% | 2.33% |
| █▇▁▁▄▇██ | Return on Assets (%) | 0.64% | 0.61% | 0.25% | 0.27% | 0.44% | 0.57% | 0.65% | 0.66% |
| ▁▁██▅▄▂▃ | Efficiency Ratio (%) | 84.5% | 85.2% | 94.9% | 94.5% | 90.8% | 88.8% | 87.0% | 87.5% |
| ▇█▆█▅▇▁▃ | Cost of Funds (%) | 3.00% | 3.05% | 2.94% | 3.04% | 2.93% | 3.01% | 2.72% | 2.81% |
| █▄▁▂▁▂▁▁ | NPA / Assets (%) | 0.64% | 0.58% | 0.55% | 0.56% | 0.55% | 0.55% | 0.55% | 0.54% |
| █▄▂▂▂▂▁▁ | Net Charge-Off Ratio (%) | 0.83% | 0.76% | 0.72% | 0.71% | 0.71% | 0.72% | 0.69% | 0.70% |
| ▁▁▁▅▆▇██ | Tang. Book Value ($M) | $13 | $12 | $13 | $14 | $15 | $15 | $15 | $16 |
| ▁▄▆▇▆▃█▆ | Gross Loans ($M) | $117 | $120 | $122 | $124 | $123 | $120 | $125 | $122 |
| ▁▁▆▇▇██▅ | Total Deposits ($M) | $84 | $84 | $87 | $88 | $88 | $89 | $88 | $86 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 45% |