Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.20 | 0.95% |
| Return on Equity (%) | ▲ | 11.05% | +1.47 | 9.58% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.37 | 4.08% |
| Efficiency Ratio (%) | ▲ | 69.60% | -2.46 | 72.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 0.80% | -0.18 | 0.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $209 | +2.65 | $207 |
| Gross Loans ($M) | ▲ | $184 | +3.91 | $180 |
| Loan Growth YoY (%) | ▲ | 121.43% | +0.15 | 121.28% |
| Total Deposits ($M) | ▲ | $150 | +3.02 | $147 |
| Shareholders Equity ($M) | ▲ | $22 | +1.61 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +1.61 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 121.43% | +0.15 | 121.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.19 | 0.06% |
| Allowance / Loans (%) | — | 0.82% | -0.01% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 0.29% | +0.22 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.96% | +1.02 | 16.94% |
Noninterest income ($0.37M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 3.81% | 3.85% | 4.01% | 4.08% | 4.14% | 4.17% | 4.36% | 4.45% |
| ▁▅▂▃▅▅▇█ | Return on Assets (%) | 0.84% | 1.01% | 0.92% | 0.95% | 1.01% | 1.02% | 1.10% | 1.15% |
| █▃▆▅▃▂▃▁ | Efficiency Ratio (%) | 73.8% | 71.0% | 72.7% | 72.1% | 71.0% | 70.6% | 71.0% | 69.6% |
| ██▅▇▅█▅▁ | Cost of Funds (%) | 1.02% | 1.04% | 0.95% | 0.98% | 0.95% | 1.02% | 0.92% | 0.80% |
| ▅▃▁▂▁▁██ | NPA / Assets (%) | 0.18% | 0.11% | 0.02% | 0.06% | 0.02% | 0.02% | 0.28% | 0.26% |
| ▅▃▁▂▁▁██ | Net Charge-Off Ratio (%) | 0.21% | 0.12% | 0.03% | 0.07% | 0.03% | 0.03% | 0.32% | 0.29% |
| ▁▁▃▃▅▆▇█ | Tang. Book Value ($M) | $20 | $20 | $20 | $21 | $21 | $21 | $22 | $22 |
| ▁▁▄▅▆▇██ | Gross Loans ($M) | $174 | $175 | $178 | $180 | $182 | $182 | $185 | $184 |
| █▃▄▆▆▁▇█ | Total Deposits ($M) | $150 | $144 | $145 | $147 | $148 | $141 | $148 | $150 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 3% |