Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.44% | +0.45 | -0.01% |
| Return on Equity (%) | ▲ | 4.66% | +4.80 | -0.14% |
| Net Interest Margin (%) | ▲ | 2.64% | +0.07 | 2.57% |
| Efficiency Ratio (%) | ▼ | 94.41% | +0.88 | 93.53% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.30 | $1 |
| Cost of Funds (%) | ▼ | 1.97% | +0.02 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $891 | +54.46 | $837 |
| Gross Loans ($M) | ▲ | $646 | +36.72 | $609 |
| Loan Growth YoY (%) | ▲ | 83.58% | +1.07 | 82.51% |
| Total Deposits ($M) | ▲ | $767 | +38.12 | $728 |
| Shareholders Equity ($M) | ▲ | $83 | +4.24 | $79 |
| Tang. Book Value ($M) | ▲ | $80 | +4.24 | $76 |
| TBV excl. AOCI ($M)** | ▲ | $90 | +4.73 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 83.58% | +1.07 | 82.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.88% | -0.43 | 1.30% |
| Allowance / Loans (%) | — | 0.76% | -0.52% | 1.28% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -1.62 | 1.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($1.63M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇▇▇██ | Net Interest Margin (%) | 2.13% | 2.18% | 2.39% | 2.57% | 2.56% | 2.57% | 2.60% | 2.64% |
| ▄▁▃▁▄▄▃█ | Return on Assets (%) | 0.20% | 0.04% | 0.14% | -0.01% | 0.17% | 0.17% | 0.12% | 0.44% |
| ██▅▁▁▁▂▁ | Efficiency Ratio (%) | 106.5% | 105.3% | 100.0% | 93.5% | 93.3% | 93.4% | 96.3% | 94.4% |
| ██▁▁▂▂▁▂ | Cost of Funds (%) | 2.08% | 2.09% | 1.94% | 1.95% | 1.97% | 1.97% | 1.96% | 1.97% |
| ▇█▇▄▁▁▁▁ | NPA / Assets (%) | 1.58% | 1.75% | 1.59% | 1.30% | 0.90% | 0.87% | 0.93% | 0.88% |
| ███▆▁▁▁▁ | Net Charge-Off Ratio (%) | 2.17% | 2.38% | 2.17% | 1.79% | 0.15% | 0.15% | 0.22% | 0.17% |
| ▄▁▃▃▆▇▇█ | Tang. Book Value ($M) | $77 | $74 | $76 | $76 | $78 | $79 | $79 | $80 |
| ▁▁▂▁▂▅▃█ | Gross Loans ($M) | $605 | $609 | $610 | $609 | $614 | $626 | $617 | $646 |
| ▁▄▄▄▅█▇█ | Total Deposits ($M) | $704 | $732 | $735 | $728 | $743 | $766 | $757 | $767 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 21% |