Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.26% | -0.30 | 0.56% |
| Return on Equity (%) | ▼ | 2.42% | -2.36 | 4.78% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.29 | 2.60% |
| Efficiency Ratio (%) | ▼ | 88.16% | +13.49 | 74.67% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.35 | $0 |
| Cost of Funds (%) | ▲ | 3.08% | -0.36 | 3.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $235 | +19.94 | $215 |
| Gross Loans ($M) | ▲ | $168 | +17.21 | $151 |
| Loan Growth YoY (%) | ▲ | 94.77% | +1.17 | 93.60% |
| Total Deposits ($M) | ▲ | $175 | +15.93 | $159 |
| Shareholders Equity ($M) | ▲ | $25 | +0.97 | $24 |
| Tang. Book Value ($M) | ▲ | $23 | +0.96 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 94.77% | +1.17 | 93.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.65 | 0.08% |
| Allowance / Loans (%) | — | 1.11% | 0.03% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.25% | +0.13 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.84% | -0.81 | 16.65% |
Noninterest income ($0.45M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▅▆█ | Net Interest Margin (%) | 2.25% | 2.28% | 2.51% | 2.60% | 2.59% | 2.59% | 2.73% | 2.89% |
| ▁▁███▇█▅ | Return on Assets (%) | -0.13% | -0.05% | 0.60% | 0.56% | 0.59% | 0.43% | 0.56% | 0.26% |
| ██▁▁▁▂▂▄ | Efficiency Ratio (%) | 112.3% | 107.9% | 73.4% | 74.7% | 71.9% | 78.4% | 80.1% | 88.2% |
| █▅▂▄▂▂▂▁ | Cost of Funds (%) | 3.80% | 3.50% | 3.25% | 3.43% | 3.23% | 3.25% | 3.23% | 3.08% |
| ▁▁▁▁▆█▆▇ | NPA / Assets (%) | 0.11% | 0.09% | 0.08% | 0.08% | 0.70% | 0.93% | 0.67% | 0.73% |
| ▁▁▁▁█▅▁▂ | Net Charge-Off Ratio (%) | 0.17% | 0.13% | 0.12% | 0.12% | 1.05% | 0.60% | 0.17% | 0.25% |
| ▄▁▃▄▆▇██ | Tang. Book Value ($M) | $22 | $22 | $22 | $22 | $23 | $23 | $23 | $23 |
| ▁▃▄▅▆▇▇█ | Gross Loans ($M) | $127 | $139 | $144 | $151 | $155 | $161 | $161 | $168 |
| ▁▁▄▄▇█▇▇ | Total Deposits ($M) | $136 | $138 | $155 | $159 | $177 | $186 | $174 | $175 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 35% |