Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.56% | +0.13 | 0.43% |
| Return on Equity (%) | ▼ | 9.16% | -0.90 | 10.06% |
| Net Interest Margin (%) | ▲ | 2.87% | +0.20 | 2.66% |
| Efficiency Ratio (%) | ▲ | 80.94% | -2.33 | 83.26% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.61% | -0.12 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +3.06 | $180 |
| Gross Loans ($M) | ▼ | $86 | -2.84 | $89 |
| Loan Growth YoY (%) | ▼ | 54.30% | -1.44 | 55.74% |
| Total Deposits ($M) | ▼ | $156 | -1.19 | $157 |
| Shareholders Equity ($M) | ▲ | $11 | +2.37 | $8 |
| Tang. Book Value ($M) | ▲ | $11 | +2.38 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.57 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 54.30% | -1.44 | 55.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.20 | 0.28% |
| Allowance / Loans (%) | — | 1.29% | 0.12% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.40 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.64% | +0.67 | 15.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▅▇▇█ | Net Interest Margin (%) | 2.32% | 2.38% | 2.51% | 2.66% | 2.64% | 2.75% | 2.77% | 2.87% |
| ▃▁▄▇▇███ | Return on Assets (%) | 0.17% | 0.00% | 0.27% | 0.43% | 0.42% | 0.50% | 0.51% | 0.56% |
| ▆█▄▂▂▁▁▁ | Efficiency Ratio (%) | 93.2% | 98.4% | 89.0% | 83.3% | 83.7% | 82.0% | 82.0% | 80.9% |
| ▇█▆▅▅▄▁▁ | Cost of Funds (%) | 1.78% | 1.82% | 1.76% | 1.73% | 1.71% | 1.70% | 1.61% | 1.61% |
| ▄▂▃▂▂▁█▁ | NPA / Assets (%) | 0.40% | 0.19% | 0.31% | 0.28% | 0.26% | 0.04% | 1.01% | 0.07% |
| ▄▂▃▂▂▁█▁ | Net Charge-Off Ratio (%) | 0.90% | 0.41% | 0.63% | 0.56% | 0.55% | 0.08% | 2.18% | 0.16% |
| ▆▁▃▄▇███ | Tang. Book Value ($M) | $9 | $6 | $8 | $8 | $10 | $11 | $11 | $11 |
| ▁▅██▇█▅▆ | Gross Loans ($M) | $80 | $85 | $88 | $89 | $87 | $88 | $85 | $86 |
| ▁▃██▇▃▅▇ | Total Deposits ($M) | $150 | $152 | $156 | $157 | $156 | $152 | $154 | $156 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 11% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 22% |