Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.12 | 0.93% |
| Return on Equity (%) | ▲ | 6.95% | +0.13 | 6.82% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.28 | 3.70% |
| Efficiency Ratio (%) | ▲ | 65.88% | -4.14 | 70.02% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.47% | -0.25 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $131 | -0.58 | $131 |
| Gross Loans ($M) | ▼ | $57 | -1.25 | $58 |
| Loan Growth YoY (%) | ▼ | 51.81% | -1.44 | 53.25% |
| Total Deposits ($M) | ▲ | $109 | +0.53 | $109 |
| Shareholders Equity ($M) | ▲ | $20 | +1.41 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +1.41 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +1.46 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 51.81% | -1.44 | 53.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.44 | 0.50% |
| Allowance / Loans (%) | — | 1.14% | 0.10% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.11 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 3.55% | 3.58% | 3.71% | 3.70% | 3.78% | 3.83% | 4.02% | 3.98% |
| ▁▁▄▄███▇ | Return on Assets (%) | 0.82% | 0.85% | 0.93% | 0.93% | 1.06% | 1.06% | 1.08% | 1.05% |
| ██▅▅▃▃▁▂ | Efficiency Ratio (%) | 74.9% | 74.6% | 70.1% | 70.0% | 67.9% | 67.4% | 64.2% | 65.9% |
| ██▆▇▆▄▂▁ | Cost of Funds (%) | 1.77% | 1.77% | 1.67% | 1.72% | 1.70% | 1.59% | 1.51% | 1.47% |
| ▅▁▃▁▂▇█▇ | NPA / Assets (%) | 0.79% | 0.44% | 0.62% | 0.50% | 0.57% | 0.98% | 1.08% | 0.94% |
| █▄▃▁▁▆▂▁ | Net Charge-Off Ratio (%) | 1.48% | 0.84% | 0.64% | 0.35% | 0.37% | 1.13% | 0.52% | 0.24% |
| ▄▁▃▅▇▇██ | Tang. Book Value ($M) | $18 | $17 | $18 | $18 | $19 | $19 | $19 | $20 |
| ▇█▄▃▅██▁ | Gross Loans ($M) | $61 | $61 | $59 | $58 | $60 | $61 | $61 | $57 |
| ▁▂█▆▃▆▅▆ | Total Deposits ($M) | $103 | $105 | $112 | $109 | $106 | $109 | $108 | $109 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 10% |
| Consumer | 13% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |