Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.43% | -0.16 | 1.59% |
| Return on Equity (%) | ▼ | 11.72% | -0.33 | 12.05% |
| Net Interest Margin (%) | ▼ | 4.40% | -0.16 | 4.56% |
| Efficiency Ratio (%) | ▼ | 62.14% | +8.63 | 53.51% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.30 | $2 |
| Cost of Funds (%) | ▲ | 1.30% | -0.11 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $342 | -1.68 | $344 |
| Gross Loans ($M) | ▼ | $247 | -14.14 | $262 |
| Loan Growth YoY (%) | ▼ | 82.27% | -5.00 | 87.27% |
| Total Deposits ($M) | ▲ | $297 | +1.59 | $296 |
| Shareholders Equity ($M) | ▼ | $43 | -3.11 | $46 |
| Tang. Book Value ($M) | ▼ | $43 | -3.11 | $46 |
| TBV excl. AOCI ($M)** | ▼ | $45 | -3.18 | $48 |
| Loan / Deposit Ratio (%) | ▼ | 82.27% | -5.00 | 87.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.85 | 0.03% |
| Allowance / Loans (%) | — | 1.25% | -0.18% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 1.21% | +1.18 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▇███▁▃ | Net Interest Margin (%) | 4.55% | 4.59% | 4.55% | 4.56% | 4.58% | 4.59% | 4.34% | 4.40% |
| █████▁▆▆ | Return on Assets (%) | 1.57% | 1.64% | 1.59% | 1.59% | 1.59% | 0.95% | 1.39% | 1.43% |
| ▁▁▁▁▁▁█▇ | Efficiency Ratio (%) | 54.4% | 53.2% | 53.6% | 53.5% | 54.4% | 54.1% | 63.7% | 62.1% |
| █▃▂▄▆▃▁▂ | Cost of Funds (%) | 1.70% | 1.39% | 1.33% | 1.42% | 1.56% | 1.38% | 1.22% | 1.30% |
| ▁▁▁▁█▅▅▄ | NPA / Assets (%) | 0.02% | 0.04% | 0.03% | 0.03% | 2.28% | 1.25% | 1.17% | 0.88% |
| ▁▁▁▁█▅▅▄ | Net Charge-Off Ratio (%) | 0.02% | 0.05% | 0.03% | 0.03% | 2.89% | 1.62% | 1.69% | 1.21% |
| █▃▄▆▇▁▂▃ | Tang. Book Value ($M) | $49 | $43 | $45 | $46 | $48 | $41 | $42 | $43 |
| ▄▇█▆█▅▁▁ | Gross Loans ($M) | $257 | $265 | $269 | $262 | $267 | $261 | $247 | $247 |
| ▁▁▄▄▂▂█▅ | Total Deposits ($M) | $280 | $283 | $294 | $296 | $288 | $288 | $314 | $297 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 6% |