Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.10% | -0.06 | 0.16% |
| Return on Equity (%) | ▼ | 1.31% | -0.62 | 1.93% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.07 | 3.22% |
| Efficiency Ratio (%) | ▼ | 91.64% | +3.64 | 88.00% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 2.74% | -0.06 | 2.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $408 | +57.57 | $350 |
| Gross Loans ($M) | ▲ | $265 | +53.09 | $212 |
| Loan Growth YoY (%) | ▲ | 73.21% | +3.05 | 70.17% |
| Total Deposits ($M) | ▲ | $358 | +59.48 | $299 |
| Shareholders Equity ($M) | ▲ | $32 | +3.57 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +3.57 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.97 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 73.21% | +3.05 | 70.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -0.45 | 0.78% |
| Allowance / Loans (%) | — | 1.02% | -0.05% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.61 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▅██▇▇ | Net Interest Margin (%) | 3.04% | 3.11% | 3.30% | 3.22% | 3.33% | 3.36% | 3.29% | 3.29% |
| ▂▄█▄▆█▁▁ | Return on Assets (%) | 0.12% | 0.16% | 0.23% | 0.16% | 0.19% | 0.24% | 0.09% | 0.10% |
| █▅▁▄▃▃██ | Efficiency Ratio (%) | 91.2% | 89.4% | 85.3% | 88.0% | 87.2% | 87.4% | 92.0% | 91.6% |
| █▅▂▄▃▂▁▃ | Cost of Funds (%) | 3.06% | 2.89% | 2.71% | 2.79% | 2.78% | 2.67% | 2.61% | 2.74% |
| ▆▄▄█▁▁▁▂ | NPA / Assets (%) | 0.59% | 0.46% | 0.46% | 0.78% | 0.30% | 0.28% | 0.25% | 0.33% |
| ▅▃▃█▁▁▁▂ | Net Charge-Off Ratio (%) | 0.60% | 0.34% | 0.33% | 0.89% | 0.16% | 0.14% | 0.12% | 0.28% |
| ▁▁▁▁▅▇▆█ | Tang. Book Value ($M) | $28 | $28 | $28 | $29 | $31 | $31 | $31 | $32 |
| ▁▁▁▂▄▅▇█ | Gross Loans ($M) | $202 | $198 | $206 | $212 | $223 | $236 | $257 | $265 |
| ▁▁▁▂▃▄▇█ | Total Deposits ($M) | $285 | $288 | $287 | $299 | $307 | $317 | $347 | $358 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 13% |