Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.43% | -0.40 | 1.84% |
| Return on Equity (%) | ▼ | 8.74% | -3.66 | 12.40% |
| Net Interest Margin (%) | ▼ | 5.51% | -1.45 | 6.96% |
| Efficiency Ratio (%) | ▼ | 61.46% | +19.58 | 41.88% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.50 | $2 |
| Cost of Funds (%) | ▲ | 1.43% | -0.44 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $229 | +6.25 | $222 |
| Gross Loans ($M) | ▲ | $129 | +15.47 | $114 |
| Loan Growth YoY (%) | ▲ | 67.24% | +7.49 | 59.75% |
| Total Deposits ($M) | ▲ | $190 | +2.73 | $187 |
| Shareholders Equity ($M) | ▲ | $37 | +3.55 | $34 |
| Tang. Book Value ($M) | ▲ | $36 | +3.69 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 67.24% | +7.49 | 59.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.74% | +2.41 | 2.32% |
| Allowance / Loans (%) | — | 1.54% | -0.52% | 2.06% |
| Net Charge-Off Ratio (%) | ▼ | 8.37% | +3.83 | 4.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.03% | +25.03 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▁██▇▇▆▆ | Net Interest Margin (%) | 7.40% | 2.17% | 6.88% | 6.96% | 6.64% | 6.40% | 5.98% | 5.51% |
| ▅▁▄████▇ | Return on Assets (%) | 0.63% | -1.29% | -0.07% | 1.84% | 1.93% | 1.80% | 1.91% | 1.43% |
| ▆▁▃▁▂▃▇█ | Efficiency Ratio (%) | 55.6% | 40.4% | 47.2% | 41.9% | 44.9% | 45.9% | 58.1% | 61.5% |
| █▁▇███▇▇ | Cost of Funds (%) | 2.62% | -6.10% | 1.48% | 1.87% | 1.71% | 1.68% | 1.53% | 1.43% |
| █▅▂▂▂▁▁█ | NPA / Assets (%) | 4.60% | 3.52% | 2.30% | 2.32% | 2.26% | 1.85% | 1.84% | 4.74% |
| ▅▄▂▃▃▁▁█ | Net Charge-Off Ratio (%) | 6.23% | 5.63% | 3.94% | 4.53% | 4.60% | 3.18% | 3.23% | 8.37% |
| ▆▁▁▃▅▆██ | Tang. Book Value ($M) | $34 | $30 | $30 | $32 | $34 | $34 | $35 | $36 |
| █▃▄▁▁▃▃▃ | Gross Loans ($M) | $158 | $129 | $131 | $114 | $112 | $126 | $126 | $129 |
| ▃▁█▇█▃▅█ | Total Deposits ($M) | $178 | $171 | $191 | $187 | $192 | $178 | $183 | $190 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 11% |