Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.21 | 0.99% |
| Return on Equity (%) | ▲ | 9.31% | +1.83 | 7.48% |
| Net Interest Margin (%) | ▼ | 4.29% | -0.04 | 4.32% |
| Efficiency Ratio (%) | ▲ | 64.13% | -1.93 | 66.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.12 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +13.72 | $169 |
| Gross Loans ($M) | ▲ | $133 | +2.35 | $131 |
| Loan Growth YoY (%) | ▼ | 82.81% | -5.96 | 88.77% |
| Total Deposits ($M) | ▲ | $158 | +13.29 | $145 |
| Shareholders Equity ($M) | ▲ | $23 | +0.85 | $23 |
| Tang. Book Value ($M) | ▲ | $23 | +0.85 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 82.81% | -5.96 | 88.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.50% | -0.06 | 0.56% |
| Allowance / Loans (%) | — | 1.50% | -0.04% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.68% | -0.04 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇██▅▆ | Net Interest Margin (%) | 4.00% | 4.10% | 4.22% | 4.32% | 4.41% | 4.39% | 4.20% | 4.29% |
| ▁▁▄▅▇███ | Return on Assets (%) | 0.73% | 0.72% | 0.93% | 0.99% | 1.12% | 1.17% | 1.18% | 1.20% |
| ██▄▂▁▁▁▁ | Efficiency Ratio (%) | 74.5% | 73.6% | 68.2% | 66.1% | 63.7% | 64.0% | 63.9% | 64.1% |
| ██▄▃▄▄▁▁ | Cost of Funds (%) | 2.41% | 2.36% | 2.17% | 2.12% | 2.15% | 2.17% | 2.01% | 2.00% |
| ▁▁████▇▇ | NPA / Assets (%) | 0.05% | 0.00% | 0.58% | 0.56% | 0.53% | 0.51% | 0.50% | 0.50% |
| ▁▁██████ | Net Charge-Off Ratio (%) | 0.07% | 0.00% | 0.75% | 0.72% | 0.72% | 0.68% | 0.66% | 0.68% |
| ▁▁▃▅▇███ | Tang. Book Value ($M) | $22 | $22 | $22 | $23 | $23 | $23 | $23 | $23 |
| ▁▃▃▆▅██▆ | Gross Loans ($M) | $118 | $124 | $126 | $131 | $129 | $136 | $138 | $133 |
| ▂▂▁▃▆▇▇█ | Total Deposits ($M) | $143 | $143 | $139 | $145 | $152 | $156 | $156 | $158 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 9% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 12% |