Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.32 | 0.78% |
| Return on Equity (%) | ▲ | 11.50% | +4.20 | 7.30% |
| Net Interest Margin (%) | ▼ | 4.42% | -0.03 | 4.44% |
| Efficiency Ratio (%) | ▲ | 65.49% | -8.81 | 74.30% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▼ | 2.22% | +0.12 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $115 | +17.83 | $98 |
| Gross Loans ($M) | ▲ | $93 | +15.22 | $77 |
| Loan Growth YoY (%) | ▼ | 87.78% | -0.34 | 88.12% |
| Total Deposits ($M) | ▲ | $104 | +17.32 | $87 |
| Shareholders Equity ($M) | ▲ | $11 | +1.22 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.22 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 87.78% | -0.34 | 88.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.27 | 0.00% |
| Allowance / Loans (%) | — | 1.35% | 0.14% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.34% | +0.34 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.20M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▇█▄▄ | Net Interest Margin (%) | 4.26% | 4.27% | 4.45% | 4.44% | 4.56% | 4.62% | 4.39% | 4.42% |
| ▁▁▅▆█▇▇█ | Return on Assets (%) | 0.10% | 0.17% | 0.61% | 0.78% | 1.05% | 0.90% | 0.96% | 1.09% |
| █▇▅▄▁▂▁▁ | Efficiency Ratio (%) | 86.5% | 83.8% | 78.1% | 74.3% | 67.7% | 70.4% | 66.5% | 65.5% |
| ▂▆▂▃▁▇▃█ | Cost of Funds (%) | 2.08% | 2.17% | 2.09% | 2.10% | 2.04% | 2.19% | 2.11% | 2.22% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.28% | 0.27% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.34% | 0.34% |
| ▁▁▁▃▄▆▇█ | Tang. Book Value ($M) | $9 | $9 | $9 | $10 | $10 | $10 | $11 | $11 |
| ▁▂▄▅▇███ | Gross Loans ($M) | $62 | $69 | $74 | $77 | $85 | $89 | $92 | $93 |
| ▁▁▃▅▆▆██ | Total Deposits ($M) | $67 | $71 | $77 | $87 | $94 | $94 | $101 | $104 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 18% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |