Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.95% | +0.37 | 1.58% |
| Return on Equity (%) | ▲ | 19.26% | +3.21 | 16.05% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.29 | 4.13% |
| Efficiency Ratio (%) | ▲ | 46.04% | -1.99 | 48.03% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.29 | $4 |
| Cost of Funds (%) | ▲ | 1.52% | -0.31 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $772 | +90.00 | $682 |
| Gross Loans ($M) | ▲ | $611 | +70.55 | $540 |
| Loan Growth YoY (%) | ▲ | 89.07% | +0.19 | 88.88% |
| Total Deposits ($M) | ▲ | $679 | +76.86 | $602 |
| Shareholders Equity ($M) | ▲ | $79 | +9.85 | $69 |
| Tang. Book Value ($M) | ▲ | $73 | +8.13 | $65 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +9.55 | $69 |
| Loan / Deposit Ratio (%) | ▲ | 89.07% | +0.19 | 88.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.10 | 0.39% |
| Allowance / Loans (%) | — | 1.03% | 0.04% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.24 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.67 | 11.67% |
Noninterest income ($1.43M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▇▇▇█ | Net Interest Margin (%) | 3.47% | 3.61% | 4.08% | 4.13% | 4.20% | 4.28% | 4.25% | 4.42% |
| ▁▂▄▅▅▅██ | Return on Assets (%) | 1.13% | 1.24% | 1.54% | 1.58% | 1.59% | 1.59% | 1.97% | 1.95% |
| █▇▃▃▃▃▃▁ | Efficiency Ratio (%) | 53.5% | 51.7% | 48.2% | 48.0% | 48.6% | 48.5% | 48.4% | 46.0% |
| ██▄▄▄▃▁▁ | Cost of Funds (%) | 2.23% | 2.17% | 1.83% | 1.84% | 1.79% | 1.74% | 1.50% | 1.52% |
| ▅▅▁▂▂▂▅█ | NPA / Assets (%) | 0.43% | 0.43% | 0.37% | 0.39% | 0.40% | 0.39% | 0.43% | 0.49% |
| ▂▁▁▁▁▃▆█ | Net Charge-Off Ratio (%) | 0.36% | 0.35% | 0.32% | 0.34% | 0.34% | 0.42% | 0.49% | 0.58% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $59 | $60 | $62 | $65 | $68 | $69 | $70 | $73 |
| ▂▂▁▁▂▃▅█ | Gross Loans ($M) | $552 | $550 | $539 | $540 | $550 | $559 | $583 | $611 |
| ▁▁▂▁▁▃██ | Total Deposits ($M) | $591 | $591 | $609 | $602 | $603 | $621 | $688 | $679 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 42% |
| C&I / Commercial | 8% |
| Consumer | 48% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 11% |