Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.89% | +0.09 | 1.80% |
| Return on Equity (%) | ▲ | 13.66% | +0.55 | 13.11% |
| Net Interest Margin (%) | ▼ | 4.90% | -0.06 | 4.96% |
| Efficiency Ratio (%) | ▲ | 68.05% | -2.14 | 70.19% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.32 | $4 |
| Cost of Funds (%) | ▲ | 1.43% | -0.19 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $704 | +26.12 | $677 |
| Gross Loans ($M) | ▼ | $582 | -10.72 | $593 |
| Loan Growth YoY (%) | ▼ | 94.50% | -9.06 | 103.56% |
| Total Deposits ($M) | ▲ | $603 | +41.87 | $562 |
| Shareholders Equity ($M) | ▲ | $97 | +4.50 | $92 |
| Tang. Book Value ($M) | ▲ | $94 | +6.45 | $88 |
| Loan / Deposit Ratio (%) | ▼ | 94.50% | -9.06 | 103.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.91% | -0.10 | 1.02% |
| Allowance / Loans (%) | — | 2.03% | 0.13% | 1.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.80% | -0.21 | 1.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.40% | +0.55 | 12.86% |
Noninterest income ($2.83M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▄▆▇█▁▅ | Net Interest Margin (%) | 5.01% | 5.05% | 4.89% | 4.96% | 5.01% | 5.02% | 4.74% | 4.90% |
| ▆█▁▆█▄▅█ | Return on Assets (%) | 1.77% | 1.87% | 1.53% | 1.80% | 1.88% | 1.69% | 1.74% | 1.89% |
| ▆▅█▃▁▁▁▁ | Efficiency Ratio (%) | 72.4% | 71.3% | 74.3% | 70.2% | 68.7% | 68.1% | 68.8% | 68.0% |
| ▇▆███▇▃▁ | Cost of Funds (%) | 1.60% | 1.58% | 1.64% | 1.62% | 1.63% | 1.59% | 1.48% | 1.43% |
| █▆▅▄▁▃█▂ | NPA / Assets (%) | 1.29% | 1.14% | 1.09% | 1.02% | 0.84% | 0.98% | 1.27% | 0.91% |
| █▅▅▃▁▃█▁ | Net Charge-Off Ratio (%) | 1.46% | 1.21% | 1.19% | 1.01% | 0.84% | 1.00% | 1.40% | 0.80% |
| ▁▃▃▄▅▇▇█ | Tang. Book Value ($M) | $82 | $86 | $86 | $88 | $89 | $92 | $92 | $94 |
| ▁▆▂█▇▃▂▆ | Gross Loans ($M) | $555 | $583 | $563 | $593 | $585 | $568 | $561 | $582 |
| ▂▁▁▃▅▅▇█ | Total Deposits ($M) | $554 | $543 | $546 | $562 | $580 | $578 | $591 | $603 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 9% |