Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.48% | +0.55 | 1.92% |
| Return on Equity (%) | ▲ | 18.45% | +2.85 | 15.60% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.64 | 2.49% |
| Efficiency Ratio (%) | ▲ | 42.78% | -4.51 | 47.28% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.46 | $2 |
| Cost of Funds (%) | ▲ | 1.57% | -0.13 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $251 | +12.23 | $239 |
| Gross Loans ($M) | ▲ | $173 | +23.02 | $150 |
| Loan Growth YoY (%) | ▲ | 87.46% | +9.82 | 77.64% |
| Total Deposits ($M) | ▲ | $195 | +5.03 | $190 |
| Shareholders Equity ($M) | ▲ | $35 | +2.93 | $32 |
| Tang. Book Value ($M) | ▲ | $35 | +2.93 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +2.95 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 87.46% | +9.82 | 77.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.32% | -0.20% | 1.53% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.67M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▇█ | Net Interest Margin (%) | 2.28% | 2.27% | 2.35% | 2.49% | 2.60% | 2.66% | 3.02% | 3.14% |
| ▁▁▂▂▃▂██ | Return on Assets (%) | 1.79% | 1.77% | 1.90% | 1.92% | 1.97% | 1.95% | 2.50% | 2.48% |
| ▇█▆▆▆█▁▂ | Efficiency Ratio (%) | 48.1% | 49.0% | 46.5% | 47.3% | 47.2% | 49.3% | 41.5% | 42.8% |
| ▄█▄▇██▂▁ | Cost of Funds (%) | 1.64% | 1.73% | 1.66% | 1.71% | 1.75% | 1.74% | 1.61% | 1.57% |
| ▂▂█▁▁▆▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▂█▁▁▅▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▁▃▅▇▅▆█ | Tang. Book Value ($M) | $31 | $29 | $30 | $32 | $33 | $32 | $33 | $35 |
| ▁▁▂▃▄▆▆█ | Gross Loans ($M) | $138 | $140 | $144 | $150 | $153 | $161 | $163 | $173 |
| ▃▇█▃▁▁▆▅ | Total Deposits ($M) | $189 | $197 | $201 | $190 | $186 | $184 | $197 | $195 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 8% |