Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.22% | +0.14 | 0.08% |
| Return on Equity (%) | ▲ | 2.35% | +1.50 | 0.85% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.29 | 3.27% |
| Efficiency Ratio (%) | ▲ | 87.81% | -6.78 | 94.59% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 2.50% | -0.25 | 2.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $188 | +3.07 | $185 |
| Gross Loans ($M) | ▼ | $160 | -0.81 | $161 |
| Loan Growth YoY (%) | ▲ | 101.33% | +5.54 | 95.79% |
| Total Deposits ($M) | ▼ | $156 | -9.92 | $166 |
| Shareholders Equity ($M) | ▲ | $18 | +0.34 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +0.34 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 101.33% | +5.54 | 95.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.04% | +0.06 | 2.98% |
| Allowance / Loans (%) | — | 1.05% | 0.02% | 1.03% |
| Net Charge-Off Ratio (%) | ▼ | 2.72% | +0.06 | 2.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.40% | +0.55 | 13.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▄▁▂▂▅██ | Net Interest Margin (%) | 3.44% | 3.37% | 3.20% | 3.27% | 3.26% | 3.42% | 3.56% | 3.56% |
| ▃▁▇▆▆▆█▇ | Return on Assets (%) | -0.39% | -0.74% | 0.17% | 0.08% | 0.02% | 0.08% | 0.41% | 0.22% |
| ▇█▄▅▄▄▁▃ | Efficiency Ratio (%) | 104.4% | 107.9% | 92.8% | 94.6% | 92.7% | 90.8% | 80.3% | 87.8% |
| ▇█▅▅▆▄▁▁ | Cost of Funds (%) | 2.88% | 2.95% | 2.71% | 2.75% | 2.79% | 2.67% | 2.44% | 2.50% |
| ▁▇█▇▅██▇ | NPA / Assets (%) | 1.96% | 3.07% | 3.26% | 2.98% | 2.78% | 3.20% | 3.29% | 3.04% |
| ▁██▅▃█▇▅ | Net Charge-Off Ratio (%) | 1.97% | 3.25% | 3.14% | 2.66% | 2.45% | 3.16% | 2.94% | 2.72% |
| █▁▂▂▂▄▅▅ | Tang. Book Value ($M) | $18 | $17 | $17 | $17 | $17 | $17 | $18 | $18 |
| ▃▁▁█▄▅█▇ | Gross Loans ($M) | $158 | $157 | $157 | $161 | $158 | $159 | $161 | $160 |
| ▄▅▇▇█▆▃▁ | Total Deposits ($M) | $162 | $163 | $166 | $166 | $169 | $165 | $160 | $156 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 5% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |