Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.16 | 0.78% |
| Return on Equity (%) | ▼ | 9.55% | -0.29 | 9.84% |
| Net Interest Margin (%) | ▲ | 6.79% | +0.28 | 6.51% |
| Efficiency Ratio (%) | ▲ | 86.02% | -2.98 | 89.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 0.90% | -0.27 | 1.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $395 | -108.32 | $504 |
| Gross Loans ($M) | ▼ | $341 | -99.18 | $440 |
| Loan Growth YoY (%) | ▲ | 110.12% | +8.29 | 101.83% |
| Total Deposits ($M) | ▼ | $308 | -122.51 | $431 |
| Shareholders Equity ($M) | ▲ | $43 | +4.49 | $39 |
| Tang. Book Value ($M) | ▲ | $43 | +4.49 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 110.12% | +8.29 | 101.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.23 | 0.09% |
| Allowance / Loans (%) | — | 0.47% | 0.11% | 0.36% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.19 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 39.04% | +6.43 | 32.61% |
Noninterest income ($2.32M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▁▃▄▆▆ | Net Interest Margin (%) | 6.97% | 6.82% | 6.45% | 6.51% | 6.64% | 6.67% | 6.79% | 6.79% |
| ▁▃▅▇██▇█ | Return on Assets (%) | -0.26% | 0.07% | 0.49% | 0.78% | 0.88% | 1.03% | 0.76% | 0.95% |
| ▇█▃▂▁▁▁▁ | Efficiency Ratio (%) | 101.5% | 105.5% | 91.8% | 89.0% | 87.0% | 86.8% | 87.7% | 86.0% |
| ▄██▅▂▁▁▁ | Cost of Funds (%) | 1.09% | 1.33% | 1.39% | 1.17% | 0.99% | 0.93% | 0.87% | 0.90% |
| ▁▁█▁▂▂▁▅ | NPA / Assets (%) | 0.08% | 0.11% | 0.52% | 0.09% | 0.16% | 0.13% | 0.07% | 0.32% |
| ▁▁█▁▂▂▁▄ | Net Charge-Off Ratio (%) | 0.10% | 0.13% | 0.60% | 0.11% | 0.19% | 0.15% | 0.08% | 0.30% |
| ▁▁▂▃▅▇██ | Tang. Book Value ($M) | $36 | $37 | $38 | $39 | $40 | $42 | $42 | $43 |
| ▂▅▅█▇▆▄▁ | Gross Loans ($M) | $359 | $395 | $403 | $440 | $426 | $409 | $380 | $341 |
| ▃▄▅█▆▅▂▁ | Total Deposits ($M) | $340 | $366 | $376 | $431 | $391 | $373 | $336 | $308 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 43% |
| C&I / Commercial | 4% |
| Consumer | 52% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 7% |