Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.21% | -0.86 | 2.07% |
| Return on Equity (%) | ▼ | 9.68% | -5.41 | 15.09% |
| Net Interest Margin (%) | ▼ | 4.11% | -0.07 | 4.18% |
| Efficiency Ratio (%) | ▼ | 74.73% | +18.67 | 56.06% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.00 | $2 |
| Cost of Funds (%) | ▲ | 2.40% | -0.10 | 2.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $301 | +27.09 | $274 |
| Gross Loans ($M) | ▲ | $171 | +4.18 | $167 |
| Loan Growth YoY (%) | ▼ | 68.71% | -6.72 | 75.44% |
| Total Deposits ($M) | ▲ | $246 | +27.23 | $219 |
| Shareholders Equity ($M) | ▼ | $38 | -0.27 | $38 |
| Tang. Book Value ($M) | ▼ | $36 | -0.20 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +1.51 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 68.71% | -6.72 | 75.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.55 | 0.67% |
| Allowance / Loans (%) | — | 1.23% | 0.09% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.23 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▅▄▄▂▃ | Net Interest Margin (%) | 4.30% | 4.24% | 4.00% | 4.18% | 4.15% | 4.14% | 4.07% | 4.11% |
| ▁▂▃█▆▄▃▂ | Return on Assets (%) | 1.06% | 1.25% | 1.32% | 2.07% | 1.79% | 1.55% | 1.38% | 1.21% |
| ▅▄▄▁▂▄██ | Efficiency Ratio (%) | 67.0% | 65.4% | 63.9% | 56.1% | 59.2% | 63.6% | 74.9% | 74.7% |
| █▅▃▂▂▃▁▁ | Cost of Funds (%) | 2.86% | 2.67% | 2.57% | 2.50% | 2.47% | 2.53% | 2.41% | 2.40% |
| ▁▃▅█▄▄▂▂ | NPA / Assets (%) | 0.00% | 0.25% | 0.39% | 0.67% | 0.33% | 0.27% | 0.14% | 0.13% |
| ▁▆█▅▂▁▃▃ | Net Charge-Off Ratio (%) | 0.00% | 0.42% | 0.65% | 0.40% | 0.15% | 0.00% | 0.20% | 0.17% |
| ▁▃▄▇█▆▇▇ | Tang. Book Value ($M) | $33 | $34 | $35 | $36 | $37 | $36 | $36 | $36 |
| ▂▁▂▅██▇▇ | Gross Loans ($M) | $160 | $157 | $160 | $167 | $173 | $175 | $172 | $171 |
| ▁▃▄▄████ | Total Deposits ($M) | $192 | $210 | $215 | $219 | $244 | $247 | $249 | $246 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 16% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 24% |