Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.73% | +0.06 | 0.67% |
| Return on Equity (%) | ▼ | 16.39% | -8.76 | 25.15% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.41 | 3.63% |
| Efficiency Ratio (%) | ▼ | 78.63% | +0.42 | 78.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 0.48% | -0.21 | 0.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $471 | +1.77 | $469 |
| Gross Loans ($M) | ▲ | $268 | +22.22 | $246 |
| Loan Growth YoY (%) | ▲ | 60.75% | +5.79 | 54.96% |
| Total Deposits ($M) | ▼ | $436 | -5.70 | $441 |
| Shareholders Equity ($M) | ▲ | $21 | +6.07 | $15 |
| Tang. Book Value ($M) | ▲ | $20 | +6.05 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +5.14 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 60.75% | +5.79 | 54.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.82 | 0.02% |
| Allowance / Loans (%) | — | 1.32% | -0.07% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 1.47% | +1.43 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.29% | +0.19 | 14.10% |
Noninterest income ($0.69M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▅▆██ | Net Interest Margin (%) | 3.13% | 3.25% | 3.60% | 3.63% | 3.68% | 3.77% | 4.00% | 4.03% |
| ▁▂▁▂▇█▅▅ | Return on Assets (%) | 0.62% | 0.66% | 0.64% | 0.67% | 0.78% | 0.82% | 0.73% | 0.73% |
| ▆▅█▇▂▁▇▇ | Efficiency Ratio (%) | 78.1% | 77.5% | 79.3% | 78.2% | 75.3% | 74.6% | 78.3% | 78.6% |
| ██▅▆▂▁▁▁ | Cost of Funds (%) | 0.83% | 0.79% | 0.68% | 0.68% | 0.50% | 0.47% | 0.44% | 0.48% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.07% | 0.07% | 0.02% | 0.02% | 0.83% | 0.84% | 0.85% | 0.84% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.16% | 0.13% | 0.05% | 0.04% | 1.60% | 1.53% | 1.53% | 1.47% |
| ▃▁▃▅▆███ | Tang. Book Value ($M) | $12 | $8 | $12 | $14 | $17 | $19 | $19 | $20 |
| ▁▁▁▂▅▆▆█ | Gross Loans ($M) | $241 | $240 | $241 | $246 | $256 | $259 | $259 | $268 |
| ▇▁▅▄█▁▃▃ | Total Deposits ($M) | $461 | $426 | $448 | $441 | $468 | $422 | $435 | $436 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 4% |