Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.06% | -0.13 | 2.19% |
| Return on Equity (%) | ▼ | 18.97% | -4.28 | 23.25% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.16 | 3.44% |
| Efficiency Ratio (%) | ▲ | 61.41% | -1.14 | 62.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▼ | 1.62% | +0.29 | 1.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $214 | +1.17 | $213 |
| Gross Loans ($M) | ▲ | $103 | +17.16 | $85 |
| Loan Growth YoY (%) | ▲ | 53.46% | +9.75 | 43.71% |
| Total Deposits ($M) | ▼ | $190 | -3.47 | $193 |
| Shareholders Equity ($M) | ▲ | $24 | +4.51 | $19 |
| Tang. Book Value ($M) | ▲ | $24 | +4.51 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +4.62 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 53.46% | +9.75 | 43.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.03 | 0.14% |
| Allowance / Loans (%) | — | 1.28% | -0.02% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.12 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.84% | -1.57 | 25.41% |
Noninterest income ($1.82M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▃▂▅▄▆ | Net Interest Margin (%) | 3.70% | 3.69% | 3.33% | 3.44% | 3.41% | 3.52% | 3.50% | 3.60% |
| ██▃▅▆▇▁▄ | Return on Assets (%) | 2.62% | 2.60% | 1.99% | 2.19% | 2.38% | 2.43% | 1.68% | 2.06% |
| ▁▁▆▅▄▃█▄ | Efficiency Ratio (%) | 56.4% | 57.2% | 64.8% | 62.5% | 60.9% | 60.5% | 67.6% | 61.4% |
| ▇▆▁▂█▆▇█ | Cost of Funds (%) | 1.53% | 1.50% | 1.23% | 1.32% | 1.62% | 1.49% | 1.55% | 1.62% |
| ██▆▅▄▄▁▁ | NPA / Assets (%) | 0.17% | 0.17% | 0.15% | 0.14% | 0.14% | 0.14% | 0.11% | 0.11% |
| ███▅▅▃▁▁ | Net Charge-Off Ratio (%) | 0.46% | 0.45% | 0.45% | 0.34% | 0.34% | 0.29% | 0.25% | 0.22% |
| ▂▁▁▁▄▆▅█ | Tang. Book Value ($M) | $20 | $19 | $19 | $19 | $21 | $22 | $22 | $24 |
| ▂▁▁▄▃▅██ | Gross Loans ($M) | $74 | $72 | $69 | $85 | $81 | $90 | $99 | $103 |
| ▅▂▇▇▄▁█▆ | Total Deposits ($M) | $184 | $172 | $193 | $193 | $182 | $166 | $200 | $190 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 6% |