Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.57% | +0.58 | -0.01% |
| Return on Equity (%) | ▲ | 5.70% | +5.82 | -0.12% |
| Net Interest Margin (%) | ▲ | 5.04% | +0.64 | 4.40% |
| Efficiency Ratio (%) | ▲ | 72.68% | -8.05 | 80.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.49% | -0.72 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $354 | +3.75 | $350 |
| Gross Loans ($M) | ▲ | $260 | +47.78 | $212 |
| Loan Growth YoY (%) | ▲ | 81.12% | +14.85 | 66.26% |
| Total Deposits ($M) | ▲ | $316 | +1.39 | $315 |
| Shareholders Equity ($M) | ▲ | $35 | +2.14 | $33 |
| Tang. Book Value ($M) | ▲ | $32 | +2.33 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +1.40 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 81.12% | +14.85 | 66.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.09% | +1.51 | 0.58% |
| Allowance / Loans (%) | — | 1.11% | -0.32% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 2.85% | +1.90 | 0.94% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▁▂▃▄█▇ | Net Interest Margin (%) | 5.13% | 4.97% | 4.27% | 4.40% | 4.60% | 4.77% | 5.28% | 5.04% |
| ██▃▁▂▃▆▄ | Return on Assets (%) | 1.53% | 1.41% | 0.57% | -0.01% | 0.29% | 0.52% | 1.04% | 0.57% |
| ▁▁█▇▆▄▁▃ | Efficiency Ratio (%) | 66.8% | 68.5% | 82.9% | 80.7% | 77.2% | 73.4% | 68.2% | 72.7% |
| ▆▇██▆▄▃▁ | Cost of Funds (%) | 1.98% | 2.11% | 2.24% | 2.21% | 2.03% | 1.82% | 1.70% | 1.49% |
| ▁▁▁▂▂▂▁█ | NPA / Assets (%) | 0.54% | 0.46% | 0.41% | 0.58% | 0.67% | 0.59% | 0.35% | 2.09% |
| ▁▁▁▂▂▂▁█ | Net Charge-Off Ratio (%) | 0.75% | 0.65% | 0.64% | 0.94% | 1.00% | 0.83% | 0.47% | 2.85% |
| ▁▁▂▁▆██▆ | Tang. Book Value ($M) | $30 | $30 | $30 | $29 | $32 | $33 | $33 | $32 |
| ▁▂▃▂▆███ | Gross Loans ($M) | $198 | $212 | $216 | $212 | $238 | $262 | $259 | $260 |
| ▁▅▆▇▇█▆▇ | Total Deposits ($M) | $262 | $303 | $312 | $315 | $319 | $331 | $311 | $316 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 19% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 10% |