Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.29% | -0.39 | 2.68% |
| Return on Equity (%) | ▼ | 28.33% | -11.16 | 39.49% |
| Net Interest Margin (%) | ▲ | 5.56% | +0.07 | 5.50% |
| Efficiency Ratio (%) | ▲ | 48.68% | -6.54 | 55.22% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.30 | $2 |
| Cost of Funds (%) | ▲ | 1.23% | -0.25 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $292 | -11.44 | $304 |
| Gross Loans ($M) | ▼ | $168 | -15.59 | $183 |
| Loan Growth YoY (%) | ▼ | 61.88% | -8.10 | 69.99% |
| Total Deposits ($M) | ▲ | $265 | +7.26 | $258 |
| Shareholders Equity ($M) | ▲ | $24 | +4.83 | $20 |
| Tang. Book Value ($M) | ▲ | $24 | +4.83 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +5.73 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 61.88% | -8.10 | 69.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.59% | +1.25 | 0.34% |
| Allowance / Loans (%) | — | 2.04% | 0.62% | 1.42% |
| Net Charge-Off Ratio (%) | ▼ | 2.78% | +2.20 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.52% | +1.40 | 16.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▆▁▁▃▆█▅ | Net Interest Margin (%) | 5.53% | 5.59% | 5.49% | 5.50% | 5.53% | 5.58% | 5.62% | 5.56% |
| ██▅▇██▂▁ | Return on Assets (%) | 2.79% | 2.78% | 2.55% | 2.68% | 2.76% | 2.74% | 2.41% | 2.29% |
| ▇▇██▇▇▁▅ | Efficiency Ratio (%) | 53.3% | 53.9% | 57.4% | 55.2% | 53.9% | 54.6% | 39.6% | 48.7% |
| █▇█▆█▂▂▁ | Cost of Funds (%) | 1.61% | 1.52% | 1.58% | 1.48% | 1.61% | 1.32% | 1.30% | 1.23% |
| ▁▁▁▂▅▆▆█ | NPA / Assets (%) | 0.02% | 0.06% | 0.20% | 0.34% | 0.84% | 1.08% | 1.11% | 1.59% |
| ▁▁▁▂▅▅▆█ | Net Charge-Off Ratio (%) | 0.04% | 0.09% | 0.31% | 0.57% | 1.43% | 1.73% | 1.84% | 2.78% |
| █▂▂▁▆▇▆█ | Tang. Book Value ($M) | $24 | $21 | $21 | $20 | $23 | $24 | $23 | $24 |
| ██▅▆▄▂▃▁ | Gross Loans ($M) | $191 | $190 | $182 | $183 | $177 | $172 | $176 | $168 |
| ▅▁▂▄█▅▆▆ | Total Deposits ($M) | $261 | $246 | $250 | $258 | $274 | $262 | $266 | $265 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 19% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 47% |
| Interest-Bearing (core) | 42% |
| Brokered / Other | 11% |