Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.18% | -0.70 | 0.89% |
| Return on Equity (%) | ▼ | 1.87% | -6.04 | 7.91% |
| Net Interest Margin (%) | ▼ | 3.98% | -1.51 | 5.49% |
| Efficiency Ratio (%) | ▼ | 74.64% | +24.01 | 50.63% |
| Pre-Provision Profit ($M) | ▼ | $0 | -1.30 | $2 |
| Cost of Funds (%) | ▼ | 3.38% | +0.07 | 3.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $226 | -1.30 | $227 |
| Gross Loans ($M) | ▼ | $199 | -9.34 | $209 |
| Loan Growth YoY (%) | ▼ | 108.04% | -8.42 | 116.46% |
| Total Deposits ($M) | ▲ | $181 | +4.51 | $176 |
| Shareholders Equity ($M) | ▲ | $24 | +1.00 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +1.00 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 108.04% | -8.42 | 116.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 11.71% | +9.57 | 2.14% |
| Allowance / Loans (%) | — | 2.07% | 0.40% | 1.67% |
| Net Charge-Off Ratio (%) | ▼ | 13.20% | +10.87 | 2.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.62 | 11.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▇▄▃▁▁ | Net Interest Margin (%) | 5.94% | 5.86% | 5.51% | 5.49% | 4.81% | 4.66% | 3.94% | 3.98% |
| ██▁▆▆▇▆▄ | Return on Assets (%) | 2.08% | 1.78% | -1.52% | 0.89% | 1.05% | 1.25% | 0.93% | 0.18% |
| ▃▂▁▁▂▂▅█ | Efficiency Ratio (%) | 57.3% | 55.9% | 53.3% | 50.6% | 55.1% | 56.6% | 63.7% | 74.6% |
| ▁▂▅▆█▇▄▇ | Cost of Funds (%) | 2.93% | 3.02% | 3.25% | 3.30% | 3.48% | 3.39% | 3.14% | 3.38% |
| ▁▁▁▁▅▄▆█ | NPA / Assets (%) | 0.79% | 1.67% | 1.48% | 2.14% | 6.90% | 6.11% | 7.70% | 11.71% |
| ▁▁▁▁▅▅▆█ | Net Charge-Off Ratio (%) | 0.89% | 1.85% | 1.61% | 2.33% | 7.76% | 7.19% | 8.89% | 13.20% |
| ▅▅▁▄▄▇█▇ | Tang. Book Value ($M) | $23 | $23 | $22 | $23 | $23 | $24 | $24 | $24 |
| ▁▃▆████▇ | Gross Loans ($M) | $133 | $158 | $186 | $209 | $217 | $217 | $213 | $199 |
| ▁▁▅▆███▇ | Total Deposits ($M) | $93 | $107 | $161 | $176 | $195 | $209 | $202 | $181 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 37% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 18% |