Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.86% | -0.52 | 1.38% |
| Return on Equity (%) | ▼ | 6.28% | -3.63 | 9.91% |
| Net Interest Margin (%) | ▼ | 4.43% | -0.15 | 4.58% |
| Efficiency Ratio (%) | ▼ | 78.34% | +6.64 | 71.70% |
| Pre-Provision Profit ($M) | ▼ | $2 | -1.81 | $3 |
| Cost of Funds (%) | ▲ | 2.90% | -0.26 | 3.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $523 | +29.98 | $493 |
| Gross Loans ($M) | ▲ | $380 | +31.19 | $349 |
| Loan Growth YoY (%) | ▲ | 86.16% | +2.24 | 83.92% |
| Total Deposits ($M) | ▲ | $431 | +25.69 | $405 |
| Shareholders Equity ($M) | ▲ | $71 | +1.76 | $69 |
| Tang. Book Value ($M) | ▲ | $61 | +0.92 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 86.16% | +2.24 | 83.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -0.66 | 1.42% |
| Allowance / Loans (%) | — | 2.31% | -0.21% | 2.52% |
| Net Charge-Off Ratio (%) | ▲ | 1.05% | -0.96 | 2.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.41% | -1.71 | 20.12% |
Noninterest income ($7.91M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▃▄▄▁▁ | Net Interest Margin (%) | 5.02% | 4.91% | 4.45% | 4.58% | 4.64% | 4.67% | 4.41% | 4.43% |
| ▄▃█▄▃▁█▁ | Return on Assets (%) | 1.43% | 1.28% | 2.14% | 1.38% | 1.29% | 0.98% | 2.20% | 0.86% |
| ▁▂▁▃▄▅▁█ | Efficiency Ratio (%) | 69.2% | 70.6% | 69.8% | 71.7% | 73.0% | 74.4% | 69.5% | 78.3% |
| ██▆▄▃▃▁▁ | Cost of Funds (%) | 3.46% | 3.51% | 3.28% | 3.16% | 3.09% | 3.08% | 2.88% | 2.90% |
| ▄▃██▇▁▁▁ | NPA / Assets (%) | 1.10% | 0.97% | 1.44% | 1.42% | 1.32% | 0.83% | 0.80% | 0.76% |
| ▆▄█▇▆▁▁▁ | Net Charge-Off Ratio (%) | 1.79% | 1.55% | 2.17% | 2.01% | 1.85% | 1.18% | 1.12% | 1.05% |
| ▁▁▅▆▅▅██ | Tang. Book Value ($M) | $57 | $58 | $60 | $60 | $60 | $60 | $62 | $61 |
| ▁▁▃▅▇▆██ | Gross Loans ($M) | $303 | $306 | $324 | $349 | $362 | $357 | $372 | $380 |
| ▃▂▁▂▅▆██ | Total Deposits ($M) | $410 | $404 | $399 | $405 | $419 | $419 | $430 | $431 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 39% |
| C&I / Commercial | 46% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 17% |