Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.03 | 0.58% |
| Return on Equity (%) | ▲ | 6.00% | +0.20 | 5.80% |
| Net Interest Margin (%) | ▲ | 4.24% | +0.30 | 3.94% |
| Efficiency Ratio (%) | ▲ | 80.17% | -1.67 | 81.83% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.40% | -0.07 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $237 | +8.76 | $228 |
| Gross Loans ($M) | ▲ | $188 | +5.10 | $183 |
| Loan Growth YoY (%) | ▼ | 88.14% | -1.55 | 89.69% |
| Total Deposits ($M) | ▲ | $212 | +9.49 | $203 |
| Shareholders Equity ($M) | ▲ | $24 | +1.03 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +1.03 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 88.14% | -1.55 | 89.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.01 | 0.28% |
| Allowance / Loans (%) | — | 0.74% | -0.08% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.02 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆▇▇█ | Net Interest Margin (%) | 3.66% | 3.69% | 3.84% | 3.94% | 4.05% | 4.13% | 4.15% | 4.24% |
| ▁▁▅▆▇██▇ | Return on Assets (%) | 0.41% | 0.43% | 0.55% | 0.58% | 0.61% | 0.65% | 0.64% | 0.60% |
| ██▃▃▂▁▁▁ | Efficiency Ratio (%) | 89.4% | 88.3% | 82.5% | 81.8% | 80.5% | 79.2% | 79.4% | 80.2% |
| ▇█▄▃▃▂▁▁ | Cost of Funds (%) | 1.69% | 1.74% | 1.51% | 1.47% | 1.46% | 1.41% | 1.36% | 1.40% |
| ▁▂▄▇█▆▇█ | NPA / Assets (%) | 0.11% | 0.15% | 0.20% | 0.28% | 0.31% | 0.24% | 0.29% | 0.30% |
| ▁▂▄██▆██ | Net Charge-Off Ratio (%) | 0.14% | 0.19% | 0.25% | 0.35% | 0.38% | 0.30% | 0.36% | 0.37% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $22 | $22 | $22 | $23 | $23 | $23 | $23 | $24 |
| ▄▃▁▃▇▇▇█ | Gross Loans ($M) | $183 | $182 | $180 | $183 | $187 | $187 | $187 | $188 |
| ▁▁▂▃▃▄██ | Total Deposits ($M) | $198 | $199 | $202 | $203 | $202 | $204 | $213 | $212 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 11% |
| Consumer | 12% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |