Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.14% | -0.10 | 2.24% |
| Return on Equity (%) | ▼ | 19.33% | -0.60 | 19.93% |
| Net Interest Margin (%) | ▲ | 4.79% | +0.07 | 4.72% |
| Efficiency Ratio (%) | ▼ | 41.69% | +1.55 | 40.14% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.52% | -0.04 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $189 | +9.18 | $180 |
| Gross Loans ($M) | ▲ | $146 | +8.91 | $137 |
| Loan Growth YoY (%) | ▼ | 88.46% | -0.01 | 88.47% |
| Total Deposits ($M) | ▲ | $163 | +9.95 | $153 |
| Shareholders Equity ($M) | ▲ | $21 | +0.22 | $21 |
| Tang. Book Value ($M) | ▲ | $20 | +0.23 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 88.46% | -0.01 | 88.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.17 | 0.00% |
| Allowance / Loans (%) | — | 1.08% | 0.01% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.22% | +0.22 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▃▃▄█▅ | Net Interest Margin (%) | 4.75% | 4.78% | 4.64% | 4.72% | 4.74% | 4.78% | 4.93% | 4.79% |
| █▅▂▇▇██▁ | Return on Assets (%) | 2.27% | 2.21% | 2.17% | 2.24% | 2.25% | 2.26% | 2.27% | 2.14% |
| ▁▅█▃▁▅▆█ | Efficiency Ratio (%) | 39.6% | 40.8% | 41.5% | 40.1% | 39.4% | 40.6% | 41.0% | 41.7% |
| ▆█▄▃▃▁▁▂ | Cost of Funds (%) | 1.69% | 1.77% | 1.61% | 1.56% | 1.56% | 1.47% | 1.48% | 1.52% |
| █▁▁▁▂▆▆▅ | NPA / Assets (%) | 0.28% | 0.00% | 0.00% | 0.00% | 0.04% | 0.18% | 0.18% | 0.17% |
| █▁▁▁▂▆▆▅ | Net Charge-Off Ratio (%) | 0.36% | 0.00% | 0.00% | 0.00% | 0.06% | 0.26% | 0.23% | 0.22% |
| ▁▄▃▇▅█▄█ | Tang. Book Value ($M) | $18 | $19 | $19 | $20 | $19 | $20 | $19 | $20 |
| ▁▁▂▅▅▃▆█ | Gross Loans ($M) | $127 | $127 | $130 | $137 | $138 | $133 | $140 | $146 |
| ▁▄▄▅█▇▅█ | Total Deposits ($M) | $140 | $150 | $151 | $153 | $166 | $161 | $156 | $163 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |