Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.34 | 0.70% |
| Return on Equity (%) | ▲ | 10.75% | +3.48 | 7.27% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.46 | 3.08% |
| Efficiency Ratio (%) | ▲ | 66.09% | -8.39 | 74.48% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.14 | $2 |
| Cost of Funds (%) | ▲ | 1.97% | -0.28 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $952 | +42.14 | $910 |
| Gross Loans ($M) | ▲ | $791 | +74.36 | $717 |
| Loan Growth YoY (%) | ▲ | 94.65% | +6.10 | 88.56% |
| Total Deposits ($M) | ▲ | $828 | +26.44 | $801 |
| Shareholders Equity ($M) | ▲ | $93 | +4.40 | $89 |
| Tang. Book Value ($M) | ▲ | $92 | +3.07 | $89 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +3.15 | $91 |
| Loan / Deposit Ratio (%) | ▲ | 94.65% | +6.10 | 88.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -0.43 | 0.96% |
| Allowance / Loans (%) | — | 0.96% | -0.04% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.90 | 1.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -15.30 | 15.30% |
Noninterest income ($2.47M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▄▇█ | Net Interest Margin (%) | 2.98% | 2.97% | 3.05% | 3.08% | 3.14% | 3.22% | 3.47% | 3.54% |
| ▁▂▁▂▃▄██ | Return on Assets (%) | 0.63% | 0.69% | 0.60% | 0.70% | 0.75% | 0.78% | 1.05% | 1.04% |
| █▇█▆▅▅▁▁ | Efficiency Ratio (%) | 77.3% | 75.4% | 78.0% | 74.5% | 73.4% | 72.5% | 66.7% | 66.1% |
| █▆▄▄▄▂▁▁ | Cost of Funds (%) | 2.62% | 2.40% | 2.23% | 2.25% | 2.25% | 2.09% | 1.91% | 1.97% |
| ▁▅███▇▅▅ | NPA / Assets (%) | 0.04% | 0.61% | 0.94% | 0.96% | 0.90% | 0.82% | 0.59% | 0.53% |
| ▁▅████▅▂ | Net Charge-Off Ratio (%) | 0.05% | 0.67% | 1.10% | 1.12% | 1.15% | 1.05% | 0.72% | 0.22% |
| ▅▁▃▅█▅▆█ | Tang. Book Value ($M) | $89 | $85 | $87 | $89 | $91 | $89 | $90 | $92 |
| ▁▁▁▂▃▄▇█ | Gross Loans ($M) | $705 | $696 | $707 | $717 | $728 | $733 | $771 | $791 |
| ▁▄▅▆▇███ | Total Deposits ($M) | $753 | $788 | $799 | $801 | $815 | $828 | $829 | $828 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 22% |