Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.58 | 1.06% |
| Return on Equity (%) | ▲ | 18.02% | +6.59 | 11.43% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.32 | 3.75% |
| Efficiency Ratio (%) | ▲ | 66.58% | -8.52 | 75.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▼ | 1.64% | +0.13 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +1.20 | $180 |
| Gross Loans ($M) | ▲ | $139 | +7.76 | $132 |
| Loan Growth YoY (%) | ▲ | 85.45% | +4.40 | 81.05% |
| Total Deposits ($M) | ▲ | $161 | +0.83 | $160 |
| Shareholders Equity ($M) | ▲ | $17 | +1.36 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +1.36 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 85.45% | +4.40 | 81.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.13 | 0.05% |
| Allowance / Loans (%) | — | 1.16% | -0.08% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.18 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.98% | +0.55 | 16.43% |
Noninterest income ($0.51M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▅▇▆▇█ | Net Interest Margin (%) | 3.24% | 3.35% | 3.85% | 3.75% | 3.87% | 3.85% | 3.89% | 4.07% |
| ▁▂▁▃▄▄▆█ | Return on Assets (%) | 0.83% | 0.93% | 0.86% | 1.06% | 1.15% | 1.22% | 1.41% | 1.64% |
| █▇█▅▅▄▂▁ | Efficiency Ratio (%) | 80.0% | 77.8% | 80.7% | 75.1% | 74.1% | 72.8% | 69.2% | 66.6% |
| █▄▁▁▄▂▁▂ | Cost of Funds (%) | 2.08% | 1.73% | 1.56% | 1.51% | 1.78% | 1.59% | 1.51% | 1.64% |
| ▃▃▃▁▁███ | NPA / Assets (%) | 0.10% | 0.10% | 0.09% | 0.05% | 0.06% | 0.18% | 0.18% | 0.18% |
| ▃▃▂▁▁███ | Net Charge-Off Ratio (%) | 0.10% | 0.10% | 0.09% | 0.05% | 0.05% | 0.22% | 0.24% | 0.23% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $14 | $14 | $15 | $15 | $15 | $16 | $16 | $16 |
| ▁▃▃▅▇███ | Gross Loans ($M) | $120 | $127 | $127 | $132 | $138 | $141 | $140 | $139 |
| ▁▃▃▇▄██▇ | Total Deposits ($M) | $128 | $143 | $139 | $160 | $144 | $169 | $166 | $161 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 2% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 2% |