Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.63% | -0.54 | 1.18% |
| Return on Equity (%) | ▼ | 5.73% | -4.99 | 10.72% |
| Net Interest Margin (%) | ▼ | 5.64% | -0.30 | 5.94% |
| Efficiency Ratio (%) | ▼ | 79.09% | +11.89 | 67.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.52 | $1 |
| Cost of Funds (%) | ▲ | 2.07% | -0.16 | 2.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $367 | +36.04 | $331 |
| Gross Loans ($M) | ▲ | $249 | +14.37 | $235 |
| Loan Growth YoY (%) | ▼ | 75.82% | -3.76 | 79.59% |
| Total Deposits ($M) | ▲ | $323 | +32.24 | $290 |
| Shareholders Equity ($M) | ▲ | $40 | +3.05 | $37 |
| Tang. Book Value ($M) | ▲ | $35 | +1.62 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 75.82% | -3.76 | 79.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.70% | +0.22 | 3.48% |
| Allowance / Loans (%) | — | 1.80% | 0.25% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 5.04% | +2.26 | 2.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂█▆▆▇▁▄ | Net Interest Margin (%) | 5.29% | 5.21% | 6.39% | 5.94% | 5.95% | 6.06% | 5.01% | 5.64% |
| ▃▃█▅▄▅▁▃ | Return on Assets (%) | 0.60% | 0.73% | 1.80% | 1.18% | 0.99% | 1.18% | 0.18% | 0.63% |
| ▆▆▁▃▅▄█▇ | Efficiency Ratio (%) | 76.4% | 76.5% | 57.3% | 67.2% | 71.4% | 70.4% | 85.0% | 79.1% |
| █▆▂▃▂▂▁▁ | Cost of Funds (%) | 2.78% | 2.57% | 2.17% | 2.23% | 2.21% | 2.17% | 2.02% | 2.07% |
| ▇█▇▇▁▃▆█ | NPA / Assets (%) | 3.43% | 3.65% | 3.39% | 3.48% | 2.44% | 2.79% | 3.28% | 3.70% |
| ▄▄▄▂▁▂▄█ | Net Charge-Off Ratio (%) | 3.48% | 3.65% | 3.48% | 2.78% | 2.28% | 2.76% | 3.33% | 5.04% |
| ▁▄▅▆▆███ | Tang. Book Value ($M) | $31 | $33 | $33 | $33 | $34 | $35 | $35 | $35 |
| █▆▂▃▁▂▅▇ | Gross Loans ($M) | $253 | $245 | $231 | $235 | $225 | $230 | $240 | $249 |
| ▅▁▁▁▂▂▇█ | Total Deposits ($M) | $307 | $291 | $288 | $290 | $295 | $295 | $317 | $323 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 20% |