Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.33% | +0.05 | 0.28% |
| Return on Equity (%) | ▲ | 7.53% | +0.72 | 6.81% |
| Net Interest Margin (%) | ▲ | 3.34% | +0.10 | 3.24% |
| Efficiency Ratio (%) | ▲ | 82.58% | -1.79 | 84.37% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $0 |
| Cost of Funds (%) | ▼ | 2.32% | +0.23 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $146 | +1.67 | $144 |
| Gross Loans ($M) | ▼ | $103 | -0.19 | $103 |
| Loan Growth YoY (%) | ▼ | 73.41% | -2.50 | 75.91% |
| Total Deposits ($M) | ▲ | $138 | +3.86 | $135 |
| Shareholders Equity ($M) | ▲ | $7 | +0.75 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +0.75 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $8 | +0.74 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 73.41% | -2.50 | 75.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.03% | -0.53 | 2.56% |
| Allowance / Loans (%) | — | 1.16% | 0.33% | 0.83% |
| Net Charge-Off Ratio (%) | ▲ | 2.88% | -0.71 | 3.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 9.66% | +0.34 | 9.32% |
Noninterest income ($0.17M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▂▆█ | Net Interest Margin (%) | 3.12% | 3.13% | 3.17% | 3.24% | 3.25% | 3.17% | 3.27% | 3.34% |
| ▆█▁▇█▁▁█ | Return on Assets (%) | 0.27% | 0.31% | 0.09% | 0.28% | 0.32% | 0.11% | 0.12% | 0.33% |
| ▁▁█▂▁▃▇▁ | Efficiency Ratio (%) | 83.7% | 83.0% | 92.3% | 84.4% | 83.2% | 86.2% | 90.9% | 82.6% |
| ▁▂▁▄▅█▆█ | Cost of Funds (%) | 1.93% | 1.98% | 1.89% | 2.09% | 2.15% | 2.29% | 2.17% | 2.32% |
| ▇▆▇▆█▇▁▂ | NPA / Assets (%) | 2.74% | 2.58% | 2.68% | 2.56% | 2.91% | 2.66% | 1.77% | 2.03% |
| █▅▇▆█▆▁▂ | Net Charge-Off Ratio (%) | 4.00% | 3.58% | 3.80% | 3.59% | 4.16% | 3.73% | 2.62% | 2.88% |
| ▄▁▂▄▇▇▆█ | Tang. Book Value ($M) | $6 | $5 | $6 | $6 | $7 | $7 | $6 | $7 |
| ▁▂▅▆▇█▇▆ | Gross Loans ($M) | $90 | $95 | $100 | $103 | $106 | $108 | $105 | $103 |
| ▁▁▄▄▇▇█▅ | Total Deposits ($M) | $125 | $126 | $136 | $135 | $144 | $144 | $148 | $138 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 12% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |