Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.33% | +0.01 | 0.32% |
| Return on Equity (%) | ▼ | 4.44% | -0.16 | 4.60% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.61 | 2.54% |
| Efficiency Ratio (%) | ▲ | 84.46% | -0.11 | 84.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.55 | $0 |
| Cost of Funds (%) | ▲ | 1.47% | -0.26 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $297 | +15.36 | $281 |
| Gross Loans ($M) | ▲ | $161 | +8.13 | $153 |
| Loan Growth YoY (%) | ▲ | 58.60% | +0.51 | 58.09% |
| Total Deposits ($M) | ▲ | $272 | +11.64 | $260 |
| Shareholders Equity ($M) | ▲ | $22 | +2.06 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.06 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.47 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 58.60% | +0.51 | 58.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.73% | -0.42 | 1.15% |
| Allowance / Loans (%) | — | 1.17% | -0.07% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 1.34% | -0.77 | 2.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 2.11% | 2.19% | 2.34% | 2.54% | 2.68% | 2.81% | 3.15% | 3.14% |
| ▆▅▆▇██▁▇ | Return on Assets (%) | 0.16% | 0.11% | 0.20% | 0.32% | 0.43% | 0.50% | -0.45% | 0.33% |
| ▄▅▄▃▁▁█▃ | Efficiency Ratio (%) | 90.2% | 92.3% | 89.1% | 84.6% | 76.5% | 74.1% | 109.3% | 84.5% |
| ▇██▄▂▂▂▁ | Cost of Funds (%) | 2.01% | 2.10% | 2.03% | 1.73% | 1.59% | 1.57% | 1.57% | 1.47% |
| ██▇▆▁▁▂▁ | NPA / Assets (%) | 1.41% | 1.39% | 1.28% | 1.15% | 0.65% | 0.66% | 0.78% | 0.73% |
| ██▆▅▁▁▂▁ | Net Charge-Off Ratio (%) | 2.65% | 2.53% | 2.30% | 2.11% | 1.26% | 1.23% | 1.43% | 1.34% |
| ▄▁▃▅▇█▇█ | Tang. Book Value ($M) | $20 | $18 | $19 | $20 | $22 | $22 | $22 | $22 |
| ▁▁▁▃▃▇▆█ | Gross Loans ($M) | $149 | $148 | $149 | $153 | $152 | $158 | $158 | $161 |
| ▄▂▁▄██▆█ | Total Deposits ($M) | $259 | $252 | $247 | $260 | $273 | $272 | $265 | $272 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |