Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.11% | +0.51 | -0.39% |
| Return on Equity (%) | ▲ | 1.00% | +4.51 | -3.51% |
| Net Interest Margin (%) | ▲ | 2.70% | +0.09 | 2.61% |
| Efficiency Ratio (%) | ▲ | 93.40% | -7.57 | 100.97% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.95% | -0.09 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $241 | -3.34 | $244 |
| Gross Loans ($M) | ▼ | $176 | -4.08 | $180 |
| Loan Growth YoY (%) | ▼ | 90.38% | -0.29 | 90.67% |
| Total Deposits ($M) | ▼ | $192 | -3.88 | $196 |
| Shareholders Equity ($M) | ▲ | $28 | +0.53 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +0.55 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +0.61 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 90.38% | -0.29 | 90.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +0.68 | 0.84% |
| Allowance / Loans (%) | — | 0.97% | 0.02% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 2.09% | +0.95 | 1.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▅▆▇▅█ | Net Interest Margin (%) | 2.57% | 2.57% | 2.48% | 2.61% | 2.63% | 2.65% | 2.60% | 2.70% |
| ██▄▁▁▅▅█ | Return on Assets (%) | 0.13% | 0.10% | -0.18% | -0.39% | -0.44% | -0.13% | -0.11% | 0.11% |
| ▁▂█▅▆▄▄▁ | Efficiency Ratio (%) | 95.0% | 96.0% | 106.7% | 101.0% | 102.0% | 99.4% | 98.5% | 93.4% |
| ██▅▃▄▄▁▁ | Cost of Funds (%) | 2.27% | 2.30% | 2.14% | 2.04% | 2.09% | 2.10% | 1.95% | 1.95% |
| ▁▁▃▂█▆▆▅ | NPA / Assets (%) | 0.37% | 0.41% | 0.90% | 0.84% | 2.38% | 1.72% | 1.71% | 1.52% |
| ▁▁▂▂█▆▆▅ | Net Charge-Off Ratio (%) | 0.48% | 0.51% | 1.18% | 1.14% | 3.30% | 2.38% | 2.43% | 2.09% |
| █▂▅▁▁▅▄▄ | Tang. Book Value ($M) | $28 | $27 | $28 | $27 | $27 | $28 | $28 | $28 |
| █▇▆▃▂▁▁▁ | Gross Loans ($M) | $191 | $189 | $186 | $180 | $178 | $177 | $175 | $176 |
| ▇▄▆▅▇▄█▁ | Total Deposits ($M) | $199 | $196 | $197 | $196 | $199 | $196 | $200 | $192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 91% |
| Brokered / Other | 8% |