Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.31% | +0.58 | 0.73% |
| Return on Equity (%) | ▲ | 12.59% | +5.73 | 6.86% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.01 | 4.31% |
| Efficiency Ratio (%) | ▲ | 66.63% | -6.40 | 73.03% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.36 | $2 |
| Cost of Funds (%) | ▼ | 1.09% | +0.13 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $625 | +50.41 | $575 |
| Gross Loans ($M) | ▲ | $393 | +21.30 | $372 |
| Loan Growth YoY (%) | ▼ | 71.90% | -0.78 | 72.68% |
| Total Deposits ($M) | ▲ | $538 | +34.82 | $503 |
| Shareholders Equity ($M) | ▲ | $66 | +5.08 | $61 |
| Tang. Book Value ($M) | ▲ | $66 | +5.07 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +6.86 | $69 |
| Loan / Deposit Ratio (%) | ▼ | 71.90% | -0.78 | 72.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.63% | +0.14 | 0.48% |
| Allowance / Loans (%) | — | 1.63% | -0.04% | 1.67% |
| Net Charge-Off Ratio (%) | ▼ | 1.00% | +0.25 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.96% | +0.26 | 19.71% |
Noninterest income ($1.15M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅███▆█ | Net Interest Margin (%) | 3.87% | 3.95% | 4.13% | 4.31% | 4.35% | 4.35% | 4.20% | 4.32% |
| ▃▃▁▁▃▄██ | Return on Assets (%) | 0.90% | 0.89% | 0.68% | 0.73% | 0.89% | 0.98% | 1.29% | 1.31% |
| ▅▅█▅▄▂▁▁ | Efficiency Ratio (%) | 73.1% | 72.8% | 77.6% | 73.0% | 71.2% | 69.4% | 67.3% | 66.6% |
| ██▂▁▂▄▃▅ | Cost of Funds (%) | 1.18% | 1.18% | 1.00% | 0.95% | 0.99% | 1.04% | 1.03% | 1.09% |
| ▇█▇▁▁▁▁▂ | NPA / Assets (%) | 1.41% | 1.56% | 1.40% | 0.48% | 0.43% | 0.48% | 0.53% | 0.63% |
| ███▁▁▁▂▂ | Net Charge-Off Ratio (%) | 2.13% | 2.26% | 2.17% | 0.75% | 0.67% | 0.76% | 0.88% | 1.00% |
| ▆▁▃▃▆▅▆█ | Tang. Book Value ($M) | $64 | $59 | $61 | $61 | $64 | $64 | $64 | $66 |
| ▂▂▁▁▄▄▄█ | Gross Loans ($M) | $376 | $375 | $374 | $372 | $381 | $382 | $382 | $393 |
| ▃▁▄▄▅▆█▇ | Total Deposits ($M) | $499 | $466 | $509 | $503 | $513 | $524 | $555 | $538 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 4% |