Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.44 | 0.99% |
| Return on Equity (%) | ▼ | 36.22% | -4.01 | 40.23% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.15 | 3.10% |
| Efficiency Ratio (%) | ▲ | 65.63% | -2.79 | 68.42% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.11 | $4 |
| Cost of Funds (%) | ▲ | 1.33% | -0.15 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,480 | +86.31 | $1,394 |
| Gross Loans ($M) | ▲ | $884 | +47.35 | $837 |
| Loan Growth YoY (%) | ▲ | 62.55% | +0.30 | 62.26% |
| Total Deposits ($M) | ▲ | $1,398 | +68.28 | $1,330 |
| Shareholders Equity ($M) | ▲ | $61 | +19.14 | $42 |
| Tang. Book Value ($M) | ▲ | $61 | +19.02 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +19.00 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 62.55% | +0.30 | 62.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.31 | 0.52% |
| Allowance / Loans (%) | — | 1.10% | 0.02% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.35% | -0.52 | 0.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.65% | +0.76 | 11.89% |
Noninterest income ($3.23M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇▇██ | Net Interest Margin (%) | 2.49% | 2.56% | 3.03% | 3.10% | 3.11% | 3.13% | 3.22% | 3.25% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 0.59% | 0.68% | 0.99% | 0.99% | 1.06% | 1.03% | 1.46% | 1.43% |
| █▇▃▂▂▁▂▁ | Efficiency Ratio (%) | 79.1% | 76.6% | 69.7% | 68.4% | 67.6% | 67.0% | 68.0% | 65.6% |
| █▆▂▄▅▃▁▁ | Cost of Funds (%) | 1.69% | 1.59% | 1.39% | 1.49% | 1.51% | 1.45% | 1.32% | 1.33% |
| ██▇▄▁▂▁▁ | NPA / Assets (%) | 1.02% | 0.93% | 0.86% | 0.52% | 0.18% | 0.29% | 0.22% | 0.21% |
| █▇▇▃▁▁▁▁ | Net Charge-Off Ratio (%) | 1.82% | 1.61% | 1.51% | 0.87% | 0.32% | 0.49% | 0.37% | 0.35% |
| ▃▁▃▄▆▇██ | Tang. Book Value ($M) | $36 | $24 | $36 | $42 | $50 | $55 | $58 | $61 |
| ▁▂▃▅▅▇▆█ | Gross Loans ($M) | $764 | $784 | $798 | $837 | $838 | $859 | $853 | $884 |
| ▁▂▄▄▇▇██ | Total Deposits ($M) | $1,277 | $1,302 | $1,335 | $1,330 | $1,377 | $1,373 | $1,396 | $1,398 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 11% |
| Consumer | 12% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 5% |