Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.42 | 0.62% |
| Return on Equity (%) | ▲ | 7.78% | +2.76 | 5.02% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.34 | 3.38% |
| Efficiency Ratio (%) | ▲ | 81.68% | -6.04 | 87.72% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.44% | -0.04 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $506 | +26.34 | $479 |
| Gross Loans ($M) | ▲ | $226 | +24.38 | $202 |
| Loan Growth YoY (%) | ▲ | 51.60% | +3.56 | 48.04% |
| Total Deposits ($M) | ▲ | $433 | +18.08 | $415 |
| Shareholders Equity ($M) | ▲ | $68 | +8.15 | $60 |
| Tang. Book Value ($M) | ▲ | $68 | +8.15 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $80 | +7.93 | $72 |
| Loan / Deposit Ratio (%) | ▲ | 51.60% | +3.56 | 48.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.08 | 0.28% |
| Allowance / Loans (%) | — | 1.22% | -0.00% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.65% | -0.01 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($4.78M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅██ | Net Interest Margin (%) | 3.08% | 3.13% | 3.23% | 3.38% | 3.44% | 3.46% | 3.76% | 3.72% |
| ▄▃▁▃▄▄█▇ | Return on Assets (%) | 0.70% | 0.62% | 0.37% | 0.62% | 0.76% | 0.70% | 1.15% | 1.04% |
| ▅▆█▆▅▄▁▂ | Efficiency Ratio (%) | 87.3% | 88.1% | 93.0% | 87.7% | 86.4% | 85.4% | 78.4% | 81.7% |
| █▇▂▃▁▂▁▁ | Cost of Funds (%) | 1.57% | 1.54% | 1.46% | 1.48% | 1.45% | 1.46% | 1.44% | 1.44% |
| ▁▃▃▄█▇▆▇ | NPA / Assets (%) | 0.17% | 0.24% | 0.24% | 0.28% | 0.41% | 0.37% | 0.33% | 0.36% |
| ▁▄▂▅█▅▃▄ | Net Charge-Off Ratio (%) | 0.40% | 0.60% | 0.49% | 0.66% | 0.92% | 0.68% | 0.59% | 0.65% |
| ▅▁▃▂▆▇▇█ | Tang. Book Value ($M) | $63 | $57 | $60 | $60 | $65 | $66 | $66 | $68 |
| ▁▁▁▃▅▅▇█ | Gross Loans ($M) | $194 | $192 | $193 | $202 | $210 | $213 | $221 | $226 |
| ▁▄▅▂▁▇▇█ | Total Deposits ($M) | $412 | $419 | $422 | $415 | $410 | $427 | $428 | $433 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |