Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.84% | -0.83 | 1.67% |
| Return on Equity (%) | ▼ | 4.40% | -4.60 | 9.00% |
| Net Interest Margin (%) | ▼ | 4.49% | -1.45 | 5.93% |
| Efficiency Ratio (%) | ▼ | 68.30% | +13.01 | 55.28% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.60 | $2 |
| Cost of Funds (%) | ▼ | 0.71% | +0.34 | 0.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $301 | +49.67 | $252 |
| Gross Loans ($M) | ▲ | $119 | +12.52 | $106 |
| Loan Growth YoY (%) | ▼ | 48.31% | -3.12 | 51.43% |
| Total Deposits ($M) | ▲ | $242 | +38.29 | $203 |
| Shareholders Equity ($M) | ▲ | $58 | +11.02 | $47 |
| Tang. Book Value ($M) | ▲ | $40 | +3.89 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.52 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 48.31% | -3.12 | 51.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.94% | -0.71 | 1.65% |
| Allowance / Loans (%) | — | 1.76% | 0.13% | 1.63% |
| Net Charge-Off Ratio (%) | ▲ | 1.45% | -1.02 | 2.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █████▁▆▆ | Net Interest Margin (%) | 5.64% | 5.74% | 5.67% | 5.93% | 5.75% | 0.93% | 4.31% | 4.49% |
| ▇▇███▁▃▄ | Return on Assets (%) | 1.37% | 1.40% | 1.50% | 1.67% | 1.58% | 0.28% | 0.80% | 0.84% |
| ▅▄▂▁▂▁██ | Efficiency Ratio (%) | 63.3% | 60.2% | 56.7% | 55.3% | 55.8% | 53.7% | 69.2% | 68.3% |
| ▆▆▇▇▆▁██ | Cost of Funds (%) | 0.17% | 0.26% | 0.42% | 0.37% | 0.31% | -0.74% | 0.68% | 0.71% |
| ▆▆▅████▁ | NPA / Assets (%) | 1.42% | 1.47% | 1.31% | 1.65% | 1.59% | 1.67% | 1.61% | 0.94% |
| ▆▄▁▅▅██▁ | Net Charge-Off Ratio (%) | 2.61% | 2.31% | 1.51% | 2.47% | 2.42% | 3.29% | 3.26% | 1.45% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $34 | $34 | $35 | $36 | $38 | $39 | $39 | $40 |
| ▁▆▆▂▂▇██ | Gross Loans ($M) | $104 | $114 | $114 | $106 | $106 | $116 | $117 | $119 |
| ▃▁▁▁▂███ | Total Deposits ($M) | $213 | $201 | $201 | $203 | $206 | $245 | $246 | $242 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 22% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 2% |