Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.38% | +0.68 | -0.30% |
| Return on Equity (%) | ▲ | 3.45% | +6.22 | -2.77% |
| Net Interest Margin (%) | ▲ | 1.72% | +0.42 | 1.30% |
| Efficiency Ratio (%) | ▲ | 83.02% | -29.62 | 112.64% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.46 | $-0 |
| Cost of Funds (%) | ▲ | 2.08% | -0.17 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $373 | +6.77 | $367 |
| Gross Loans ($M) | ▼ | $198 | -5.25 | $203 |
| Loan Growth YoY (%) | ▼ | 65.97% | -4.74 | 70.71% |
| Total Deposits ($M) | ▲ | $298 | +12.71 | $285 |
| Shareholders Equity ($M) | ▲ | $41 | +1.14 | $40 |
| Tang. Book Value ($M) | ▲ | $41 | +1.16 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $48 | +2.06 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 65.97% | -4.74 | 70.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 0.68% | -0.04% | 0.71% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.99M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▇█ | Net Interest Margin (%) | 1.16% | 1.17% | 1.22% | 1.30% | 1.35% | 1.40% | 1.62% | 1.72% |
| ▄▃▁▃▄▄██ | Return on Assets (%) | -0.18% | -0.23% | -0.54% | -0.30% | -0.16% | -0.10% | 0.36% | 0.38% |
| ▇▇█▆▅▅▁▁ | Efficiency Ratio (%) | 117.6% | 119.0% | 125.9% | 112.6% | 107.4% | 104.4% | 82.7% | 83.0% |
| ▇█▆▆▆▅▄▁ | Cost of Funds (%) | 2.27% | 2.31% | 2.25% | 2.25% | 2.24% | 2.22% | 2.18% | 2.08% |
| ██▇▁▁▁▁▁ | NPA / Assets (%) | 0.28% | 0.30% | 0.26% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% |
| ██▇▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.52% | 0.55% | 0.47% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▇▁▂▄▇██▇ | Tang. Book Value ($M) | $41 | $39 | $39 | $40 | $41 | $42 | $41 | $41 |
| ▁▂▂██▆█▁ | Gross Loans ($M) | $197 | $198 | $199 | $203 | $204 | $201 | $203 | $198 |
| █▇▇▁▅██▇ | Total Deposits ($M) | $299 | $297 | $298 | $285 | $294 | $300 | $299 | $298 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 17% |