Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.21% | -3.05 | 4.26% |
| Return on Equity (%) | ▼ | 15.05% | -47.93 | 62.98% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.14 | 3.90% |
| Efficiency Ratio (%) | ▼ | 61.65% | +26.05 | 35.60% |
| Pre-Provision Profit ($M) | ▼ | $1 | -2.07 | $3 |
| Cost of Funds (%) | ▼ | 0.77% | +0.01 | 0.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $138 | +1.37 | $137 |
| Gross Loans ($M) | ▲ | $70 | +9.24 | $61 |
| Loan Growth YoY (%) | ▲ | 55.57% | +7.82 | 47.75% |
| Total Deposits ($M) | ▼ | $124 | -1.30 | $126 |
| Shareholders Equity ($M) | ▲ | $12 | +1.68 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.70 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.44 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 55.57% | +7.82 | 47.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.02% | +0.24 | 0.78% |
| Allowance / Loans (%) | — | 0.96% | 0.06% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 2.01% | +0.26 | 1.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.01% | -3.35 | 25.36% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇█▇█ | Net Interest Margin (%) | 3.64% | 3.63% | 3.76% | 3.90% | 3.95% | 4.01% | 3.96% | 4.04% |
| ▁▁▁█▆▅▁▁ | Return on Assets (%) | 1.08% | 1.08% | 1.12% | 4.26% | 3.22% | 2.71% | 1.28% | 1.21% |
| ███▁▂▃▇▇ | Efficiency Ratio (%) | 67.9% | 68.1% | 64.4% | 35.6% | 41.1% | 45.1% | 61.9% | 61.6% |
| █▅▃▁▂▃▃▁ | Cost of Funds (%) | 0.88% | 0.82% | 0.79% | 0.76% | 0.79% | 0.80% | 0.79% | 0.77% |
| ▄▁▁▄▂▅▆█ | NPA / Assets (%) | 0.79% | 0.63% | 0.62% | 0.78% | 0.71% | 0.85% | 0.91% | 1.02% |
| ▅▁▁▅▂▅▇█ | Net Charge-Off Ratio (%) | 1.80% | 1.52% | 1.47% | 1.76% | 1.58% | 1.80% | 1.93% | 2.01% |
| ▆▁▁▃█▅▇█ | Tang. Book Value ($M) | $11 | $9 | $8 | $9 | $11 | $10 | $11 | $11 |
| ▁▁▁▃▅▆▆█ | Gross Loans ($M) | $56 | $57 | $58 | $61 | $63 | $65 | $66 | $70 |
| ▁█▇▇▂▅▆▆ | Total Deposits ($M) | $119 | $128 | $126 | $126 | $121 | $124 | $125 | $124 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 1% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 18% |