Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.39 | 0.53% |
| Return on Equity (%) | ▲ | 11.39% | +4.94 | 6.45% |
| Net Interest Margin (%) | ▲ | 4.89% | +0.06 | 4.83% |
| Efficiency Ratio (%) | ▲ | 67.61% | -9.00 | 76.61% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.46 | $1 |
| Cost of Funds (%) | ▼ | 2.45% | +0.35 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $225 | +20.74 | $205 |
| Gross Loans ($M) | ▲ | $171 | +19.73 | $151 |
| Loan Growth YoY (%) | ▲ | 86.18% | +6.14 | 80.04% |
| Total Deposits ($M) | ▲ | $196 | +9.32 | $186 |
| Shareholders Equity ($M) | ▲ | $18 | +1.11 | $17 |
| Tang. Book Value ($M) | ▲ | $17 | +1.17 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.34 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 86.18% | +6.14 | 80.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -1.58 | 1.83% |
| Allowance / Loans (%) | — | 1.40% | -0.02% | 1.42% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -2.14 | 2.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.53% | -0.79 | 11.32% |
Noninterest income ($0.42M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▇▇▇██ | Net Interest Margin (%) | 3.84% | 3.95% | 4.98% | 4.83% | 4.76% | 4.81% | 4.85% | 4.89% |
| █▅▁▁▁▂▅▄ | Return on Assets (%) | 1.49% | 1.06% | 0.46% | 0.53% | 0.47% | 0.60% | 0.99% | 0.92% |
| ▁▃███▇▅▃ | Efficiency Ratio (%) | 63.2% | 67.0% | 76.6% | 76.6% | 75.4% | 73.7% | 70.1% | 67.6% |
| ▆▁▁▃▄▄▃█ | Cost of Funds (%) | 2.28% | 1.90% | 1.90% | 2.10% | 2.12% | 2.14% | 2.07% | 2.45% |
| ██▆▆▄▄▅▁ | NPA / Assets (%) | 2.48% | 2.27% | 1.79% | 1.83% | 1.25% | 1.22% | 1.63% | 0.25% |
| ██▆▆▄▄▅▁ | Net Charge-Off Ratio (%) | 3.18% | 2.94% | 2.43% | 2.47% | 1.60% | 1.54% | 2.08% | 0.33% |
| ▅▁▁▃▄▇▆█ | Tang. Book Value ($M) | $16 | $15 | $16 | $16 | $16 | $17 | $17 | $17 |
| ▁▃▂▂▇▇█▇ | Gross Loans ($M) | $146 | $156 | $150 | $151 | $169 | $172 | $177 | $171 |
| ▃▄▅▅▄▁██ | Total Deposits ($M) | $179 | $182 | $185 | $186 | $184 | $172 | $197 | $196 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 16% |