Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.23 | 0.69% |
| Return on Equity (%) | ▲ | 9.08% | +1.92 | 7.16% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.30 | 2.99% |
| Efficiency Ratio (%) | ▲ | 69.96% | -2.55 | 72.51% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.46% | -0.08 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $397 | +23.32 | $374 |
| Gross Loans ($M) | ▲ | $254 | +15.41 | $239 |
| Loan Growth YoY (%) | ▲ | 71.58% | +0.60 | 70.98% |
| Total Deposits ($M) | ▲ | $353 | +18.86 | $335 |
| Shareholders Equity ($M) | ▲ | $41 | +4.75 | $36 |
| Tang. Book Value ($M) | ▲ | $41 | +4.75 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +4.87 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 71.58% | +0.60 | 70.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.04 | 0.18% |
| Allowance / Loans (%) | — | 0.46% | -0.07% | 0.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.34% | +0.06 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.55% | +1.40 | 21.16% |
Noninterest income ($0.65M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 2.65% | 2.72% | 2.90% | 2.99% | 3.05% | 3.11% | 3.23% | 3.28% |
| ▁▁▂▅▆▇██ | Return on Assets (%) | 0.43% | 0.47% | 0.53% | 0.69% | 0.80% | 0.82% | 0.89% | 0.92% |
| █▇▅▃▁▁▁▁ | Efficiency Ratio (%) | 81.3% | 79.2% | 76.4% | 72.5% | 70.2% | 70.7% | 69.2% | 70.0% |
| ██▇▆▅▃▁▂ | Cost of Funds (%) | 1.60% | 1.61% | 1.57% | 1.54% | 1.54% | 1.49% | 1.43% | 1.46% |
| ▂▁▁▃██▇▇ | NPA / Assets (%) | 0.18% | 0.17% | 0.16% | 0.18% | 0.23% | 0.23% | 0.22% | 0.22% |
| ▃▁▁▃███▇ | Net Charge-Off Ratio (%) | 0.28% | 0.27% | 0.26% | 0.28% | 0.36% | 0.35% | 0.35% | 0.34% |
| ▂▁▂▃▅▇▇█ | Tang. Book Value ($M) | $35 | $34 | $35 | $36 | $38 | $39 | $40 | $41 |
| ▁▂▃▅▆▇██ | Gross Loans ($M) | $221 | $226 | $233 | $239 | $242 | $248 | $251 | $254 |
| ▁▂▃▅▅▇██ | Total Deposits ($M) | $314 | $320 | $325 | $335 | $335 | $345 | $354 | $353 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |