Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.44% | +0.12 | 0.32% |
| Return on Equity (%) | ▲ | 4.20% | +1.03 | 3.17% |
| Net Interest Margin (%) | ▲ | 3.09% | +0.18 | 2.91% |
| Efficiency Ratio (%) | ▲ | 81.53% | -0.26 | 81.80% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.34 | $1 |
| Cost of Funds (%) | ▲ | 2.85% | -0.27 | 3.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $631 | -40.53 | $672 |
| Gross Loans ($M) | ▼ | $568 | -36.49 | $604 |
| Loan Growth YoY (%) | ▼ | 100.77% | -10.18 | 110.94% |
| Total Deposits ($M) | ▲ | $557 | +18.09 | $539 |
| Shareholders Equity ($M) | ▲ | $69 | +1.36 | $68 |
| Tang. Book Value ($M) | ▲ | $68 | +1.29 | $66 |
| Loan / Deposit Ratio (%) | ▼ | 100.77% | -10.18 | 110.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.63% | +0.75 | 0.88% |
| Allowance / Loans (%) | — | 1.13% | 0.09% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 1.73% | +0.75 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.60% | +1.13 | 12.47% |
Noninterest income ($2.35M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▃▄▄▆▆█ | Net Interest Margin (%) | 2.82% | 2.78% | 2.87% | 2.91% | 2.92% | 2.99% | 2.98% | 3.09% |
| ██▁▃▂▂▄█ | Return on Assets (%) | 0.43% | 0.42% | 0.26% | 0.32% | 0.29% | 0.30% | 0.34% | 0.44% |
| ▁▄▇▅▆▇█▅ | Efficiency Ratio (%) | 73.9% | 79.8% | 84.2% | 81.8% | 83.1% | 85.0% | 87.2% | 81.5% |
| █▆▇▆▆▃▃▁ | Cost of Funds (%) | 3.27% | 3.16% | 3.20% | 3.12% | 3.14% | 2.98% | 2.97% | 2.85% |
| ▁▂▂▂▂▄██ | NPA / Assets (%) | 0.78% | 0.92% | 0.91% | 0.88% | 0.93% | 1.14% | 1.59% | 1.63% |
| ▁▂▂▂▂▄██ | Net Charge-Off Ratio (%) | 0.87% | 1.04% | 1.02% | 0.98% | 1.04% | 1.21% | 1.69% | 1.73% |
| ▇█▁▂▁▂▃▄ | Tang. Book Value ($M) | $69 | $70 | $66 | $66 | $66 | $66 | $67 | $68 |
| █▆▃▆▆▆▃▁ | Gross Loans ($M) | $625 | $605 | $584 | $604 | $608 | $608 | $585 | $568 |
| ▇▅▁▃▅█▆▄ | Total Deposits ($M) | $589 | $561 | $514 | $539 | $560 | $604 | $570 | $557 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 26% |