Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.47% | +2.28 | -1.81% |
| Return on Equity (%) | ▲ | 6.49% | +31.20 | -24.71% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.43 | 3.14% |
| Efficiency Ratio (%) | ▲ | 85.56% | -10.47 | 96.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.35 | $0 |
| Cost of Funds (%) | ▲ | 2.08% | -0.41 | 2.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $524 | -21.62 | $546 |
| Gross Loans ($M) | ▼ | $400 | -59.61 | $460 |
| Loan Growth YoY (%) | ▼ | 92.13% | -11.32 | 103.45% |
| Total Deposits ($M) | ▼ | $428 | -6.87 | $435 |
| Shareholders Equity ($M) | ▲ | $39 | +1.98 | $37 |
| Tang. Book Value ($M) | ▲ | $37 | +2.16 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.32 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 92.13% | -11.32 | 103.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.91% | -1.03 | 2.94% |
| Allowance / Loans (%) | — | 1.48% | -0.69% | 2.16% |
| Net Charge-Off Ratio (%) | ▲ | 2.50% | -0.92 | 3.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.54% | +0.50 | 11.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 2.74% | 2.77% | 3.01% | 3.14% | 3.23% | 3.26% | 3.53% | 3.57% |
| ▇▆▇▁▃▃██ | Return on Assets (%) | -0.07% | -0.12% | -0.06% | -1.81% | -1.12% | -1.17% | 0.50% | 0.47% |
| ███▆▅▄▁▁ | Efficiency Ratio (%) | 99.9% | 101.3% | 99.4% | 96.0% | 94.1% | 92.4% | 84.4% | 85.6% |
| ██▅▅▅▃▂▁ | Cost of Funds (%) | 2.83% | 2.75% | 2.53% | 2.50% | 2.47% | 2.30% | 2.27% | 2.08% |
| ▆▇██▁▁▁▂ | NPA / Assets (%) | 2.49% | 2.70% | 2.88% | 2.94% | 1.69% | 1.57% | 1.62% | 1.91% |
| ▇███▁▁▁▃ | Net Charge-Off Ratio (%) | 3.14% | 3.29% | 3.45% | 3.42% | 2.00% | 1.93% | 2.04% | 2.50% |
| █▆▇▁▄▂▂▃ | Tang. Book Value ($M) | $41 | $39 | $40 | $35 | $37 | $36 | $36 | $37 |
| ████▆▄▁▁ | Gross Loans ($M) | $460 | $454 | $457 | $460 | $444 | $423 | $405 | $400 |
| █▅▅▂▃▂▁▁ | Total Deposits ($M) | $469 | $450 | $450 | $435 | $437 | $435 | $427 | $428 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 21% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 8% |