Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.38% | +0.02 | 1.36% |
| Return on Equity (%) | ▼ | 16.09% | -0.67 | 16.76% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.13 | 3.67% |
| Efficiency Ratio (%) | ▼ | 63.73% | +2.00 | 61.73% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.13 | $3 |
| Cost of Funds (%) | ▲ | 1.41% | -0.17 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $872 | +28.90 | $843 |
| Gross Loans ($M) | ▼ | $496 | -4.36 | $501 |
| Loan Growth YoY (%) | ▼ | 70.07% | -5.48 | 75.55% |
| Total Deposits ($M) | ▲ | $702 | +44.90 | $657 |
| Shareholders Equity ($M) | ▲ | $75 | +10.35 | $65 |
| Tang. Book Value ($M) | ▲ | $75 | +10.40 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +11.09 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 70.07% | -5.48 | 75.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.99% | +0.39 | 0.60% |
| Allowance / Loans (%) | — | 0.88% | 0.05% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 1.29% | +0.93 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.53% | -0.34 | 12.86% |
Noninterest income ($1.62M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▅▇▅█ | Net Interest Margin (%) | 3.52% | 3.57% | 3.61% | 3.67% | 3.69% | 3.74% | 3.69% | 3.81% |
| ██▃▆▆▇▁█ | Return on Assets (%) | 1.38% | 1.38% | 1.33% | 1.36% | 1.36% | 1.36% | 1.31% | 1.38% |
| ▁▁▆▅▄▆█▇ | Efficiency Ratio (%) | 57.6% | 58.4% | 63.7% | 61.7% | 61.4% | 63.0% | 65.8% | 63.7% |
| ██▅██▆▂▁ | Cost of Funds (%) | 1.58% | 1.58% | 1.50% | 1.58% | 1.58% | 1.52% | 1.44% | 1.41% |
| ▁▁▂▂▃▁██ | NPA / Assets (%) | 0.51% | 0.51% | 0.64% | 0.60% | 0.66% | 0.56% | 1.06% | 0.99% |
| ▁▁▂▂▃▃██ | Net Charge-Off Ratio (%) | 0.17% | 0.16% | 0.39% | 0.36% | 0.49% | 0.46% | 1.30% | 1.29% |
| ▅▄▂▁▅▇▅█ | Tang. Book Value ($M) | $71 | $69 | $66 | $64 | $70 | $73 | $71 | $75 |
| ▁▅▇█▇▆█▇ | Gross Loans ($M) | $475 | $491 | $497 | $501 | $496 | $491 | $500 | $496 |
| ▁▁▂▄▄▄▆█ | Total Deposits ($M) | $629 | $628 | $638 | $657 | $661 | $657 | $681 | $702 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 7% |