Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.44% | +0.16 | 2.29% |
| Return on Equity (%) | ▼ | 37.87% | -2.70 | 40.57% |
| Net Interest Margin (%) | ▲ | 4.83% | +0.16 | 4.67% |
| Efficiency Ratio (%) | ▲ | 47.97% | -0.23 | 48.20% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.03 | $5 |
| Cost of Funds (%) | ▼ | 1.40% | +0.08 | 1.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $694 | +37.06 | $657 |
| Gross Loans ($M) | ▲ | $505 | +59.12 | $446 |
| Loan Growth YoY (%) | ▲ | 77.71% | +6.01 | 71.71% |
| Total Deposits ($M) | ▲ | $638 | +27.21 | $611 |
| Shareholders Equity ($M) | ▲ | $46 | +7.66 | $38 |
| Tang. Book Value ($M) | ▲ | $46 | +7.66 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +7.12 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 77.71% | +6.01 | 71.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.06 | 0.20% |
| Allowance / Loans (%) | — | 1.86% | 0.04% | 1.82% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.18 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.76% | +0.13 | 10.64% |
Noninterest income ($1.34M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▄▅▅█▇ | Net Interest Margin (%) | 4.59% | 4.61% | 4.53% | 4.67% | 4.71% | 4.74% | 4.88% | 4.83% |
| ▄▃▁▅▅▄██ | Return on Assets (%) | 2.23% | 2.18% | 2.07% | 2.29% | 2.30% | 2.24% | 2.45% | 2.44% |
| ▅▂█▁▁▁▁▁ | Efficiency Ratio (%) | 50.4% | 48.8% | 52.3% | 48.2% | 48.4% | 48.3% | 48.0% | 48.0% |
| ▁▄▁▅▇▅▂█ | Cost of Funds (%) | 1.22% | 1.30% | 1.21% | 1.32% | 1.36% | 1.32% | 1.25% | 1.40% |
| ▁▃▂▄▇██▁ | NPA / Assets (%) | 0.14% | 0.18% | 0.16% | 0.20% | 0.27% | 0.30% | 0.30% | 0.14% |
| ▄▆▅▅█▃▃▁ | Net Charge-Off Ratio (%) | 0.23% | 0.28% | 0.26% | 0.28% | 0.39% | 0.19% | 0.17% | 0.10% |
| ▂▁▂▃▅▇▇█ | Tang. Book Value ($M) | $37 | $35 | $37 | $38 | $41 | $43 | $44 | $46 |
| ▁▂▃▅▅▆▇█ | Gross Loans ($M) | $385 | $403 | $416 | $446 | $453 | $465 | $488 | $505 |
| ▁▃▆▅▆▆██ | Total Deposits ($M) | $571 | $590 | $618 | $611 | $622 | $624 | $644 | $638 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 12% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 13% |