Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 3.26% | -0.77 | 4.03% |
| Return on Equity (%) | ▼ | 34.09% | -7.45 | 41.54% |
| Net Interest Margin (%) | ▼ | 3.45% | -0.86 | 4.31% |
| Efficiency Ratio (%) | ▼ | 26.25% | +4.35 | 21.91% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.29 | $3 |
| Cost of Funds (%) | ▼ | 1.29% | +0.10 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $309 | +5.21 | $303 |
| Gross Loans ($M) | ▼ | $76 | -3.49 | $80 |
| Loan Growth YoY (%) | ▼ | 27.25% | -1.98 | 29.23% |
| Total Deposits ($M) | ▲ | $279 | +7.20 | $272 |
| Shareholders Equity ($M) | ▼ | $30 | -1.20 | $31 |
| Tang. Book Value ($M) | ▼ | $29 | -1.19 | $31 |
| Loan / Deposit Ratio (%) | ▼ | 27.25% | -1.98 | 29.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.53% | -0.07% | 0.60% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 35.70% | -0.19 | 35.89% |
Noninterest income ($0.93M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▄▄▁▂ | Net Interest Margin (%) | 5.13% | 5.28% | 4.17% | 4.31% | 4.04% | 4.10% | 3.15% | 3.45% |
| ▄█▂▃▃▂▁▁ | Return on Assets (%) | 4.56% | 7.26% | 3.82% | 4.03% | 4.05% | 3.61% | 2.80% | 3.26% |
| ██▃▁▁██▅ | Efficiency Ratio (%) | 29.4% | 30.0% | 23.7% | 21.9% | 21.1% | 29.7% | 29.5% | 26.3% |
| ▁▄▃▆▇█▅▇ | Cost of Funds (%) | 0.79% | 1.05% | 0.97% | 1.20% | 1.27% | 1.40% | 1.13% | 1.29% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁█▄█▇▆ | Tang. Book Value ($M) | $28 | $27 | $28 | $31 | $29 | $30 | $30 | $29 |
| ▇█▄▂▁▁▁▁ | Gross Loans ($M) | $88 | $91 | $83 | $80 | $77 | $77 | $78 | $76 |
| ▆▁▇▄▇▃█▅ | Total Deposits ($M) | $285 | $226 | $299 | $272 | $301 | $255 | $319 | $279 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 35% |
| C&I / Commercial | 65% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 53% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 4% |