Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.86% | +0.43 | 1.44% |
| Return on Equity (%) | ▲ | 12.31% | +2.78 | 9.53% |
| Net Interest Margin (%) | ▲ | 4.67% | +0.68 | 3.98% |
| Efficiency Ratio (%) | ▲ | 51.32% | -4.87 | 56.19% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.55 | $2 |
| Cost of Funds (%) | ▲ | 2.09% | -0.25 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $385 | +29.10 | $356 |
| Gross Loans ($M) | ▲ | $311 | +40.67 | $270 |
| Loan Growth YoY (%) | ▲ | 100.35% | +9.51 | 90.83% |
| Total Deposits ($M) | ▲ | $306 | +11.87 | $294 |
| Shareholders Equity ($M) | ▲ | $59 | +4.77 | $55 |
| Tang. Book Value ($M) | ▲ | $59 | +4.78 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +4.42 | $57 |
| Loan / Deposit Ratio (%) | ▲ | 100.35% | +9.51 | 90.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.10% | +0.61 | 2.48% |
| Allowance / Loans (%) | — | 1.21% | 0.11% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 3.83% | +0.56 | 3.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▂▂█▅ | Net Interest Margin (%) | 3.58% | 3.64% | 3.64% | 3.98% | 3.93% | 4.02% | 5.48% | 4.67% |
| ▁▁▂▃▃▂█▅ | Return on Assets (%) | 0.94% | 0.98% | 1.15% | 1.44% | 1.36% | 1.25% | 2.50% | 1.86% |
| ██▆▄▄▄▁▃ | Efficiency Ratio (%) | 71.0% | 69.5% | 63.5% | 56.2% | 55.9% | 56.9% | 43.5% | 51.3% |
| ██▅▅▄▁▁▁ | Cost of Funds (%) | 2.55% | 2.51% | 2.36% | 2.34% | 2.30% | 2.10% | 2.12% | 2.09% |
| ▁▁▄▆█▇▅▇ | NPA / Assets (%) | 0.52% | 0.25% | 1.57% | 2.48% | 3.61% | 3.06% | 2.14% | 3.10% |
| ▁▁▄▆█▇▅▇ | Net Charge-Off Ratio (%) | 0.69% | 0.33% | 2.08% | 3.27% | 4.67% | 3.89% | 2.69% | 3.83% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $52 | $52 | $53 | $55 | $56 | $57 | $58 | $59 |
| ▁▂▃▃▄▇██ | Gross Loans ($M) | $253 | $261 | $272 | $270 | $276 | $302 | $306 | $311 |
| ▁▁▅▄▄██▆ | Total Deposits ($M) | $273 | $278 | $300 | $294 | $295 | $318 | $313 | $306 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 39% |
| Brokered / Other | 29% |