Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.87% | -0.07 | 0.94% |
| Return on Equity (%) | ▲ | 8.15% | +0.03 | 8.12% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.02 | 4.10% |
| Efficiency Ratio (%) | ▲ | 75.84% | -0.50 | 76.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.14% | -0.21 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $256 | +26.12 | $229 |
| Gross Loans ($M) | ▲ | $169 | +15.72 | $153 |
| Loan Growth YoY (%) | ▼ | 74.13% | -0.02 | 74.15% |
| Total Deposits ($M) | ▲ | $226 | +20.24 | $205 |
| Shareholders Equity ($M) | ▲ | $26 | +2.53 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.53 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 74.13% | -0.02 | 74.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.18% | 0.37% | 0.81% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.10% | +0.73 | 13.37% |
Noninterest income ($0.41M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃██████ | Net Interest Margin (%) | 3.63% | 3.79% | 4.16% | 4.10% | 4.14% | 4.15% | 4.09% | 4.12% |
| ▁▃▁▂▂█▁▁ | Return on Assets (%) | 0.79% | 1.03% | 0.87% | 0.94% | 1.01% | 1.66% | 0.89% | 0.87% |
| █▇▇▆▅▁▅▆ | Efficiency Ratio (%) | 83.6% | 80.8% | 78.7% | 76.3% | 73.6% | 62.2% | 75.3% | 75.8% |
| █▅▃▃▄▃▁▁ | Cost of Funds (%) | 1.80% | 1.53% | 1.34% | 1.35% | 1.42% | 1.36% | 1.15% | 1.14% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▆▁▁▁▆▇█ | Tang. Book Value ($M) | $25 | $26 | $24 | $24 | $24 | $26 | $26 | $26 |
| ▁▃▅▆▇▆▇█ | Gross Loans ($M) | $125 | $139 | $151 | $153 | $160 | $156 | $162 | $169 |
| ▁▂▂▆▆▇▅█ | Total Deposits ($M) | $167 | $176 | $179 | $205 | $209 | $213 | $203 | $226 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 14% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 1% |