Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.20% | +1.98 | -1.78% |
| Return on Equity (%) | ▲ | 2.31% | +22.00 | -19.69% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.50 | 3.35% |
| Efficiency Ratio (%) | ▲ | 88.89% | -55.97 | 144.86% |
| Pre-Provision Profit ($M) | ▲ | $0 | +1.33 | $-1 |
| Cost of Funds (%) | ▲ | 2.44% | -0.55 | 3.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $282 | +49.03 | $233 |
| Gross Loans ($M) | ▲ | $246 | +41.02 | $205 |
| Loan Growth YoY (%) | ▲ | 98.65% | +0.59 | 98.06% |
| Total Deposits ($M) | ▲ | $248 | +40.09 | $207 |
| Shareholders Equity ($M) | ▲ | $26 | +4.63 | $21 |
| Tang. Book Value ($M) | ▲ | $26 | +4.63 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 98.65% | +0.59 | 98.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.72 | 1.20% |
| Allowance / Loans (%) | — | 0.84% | -0.05% | 0.88% |
| Net Charge-Off Ratio (%) | ▲ | 0.52% | -0.83 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.58% | -0.15 | 11.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▁▅▇██ | Net Interest Margin (%) | 3.35% | 3.32% | 3.43% | 3.35% | 3.60% | 3.73% | 3.85% | 3.86% |
| ▁▂▄▄▅▆██ | Return on Assets (%) | -3.07% | -2.56% | -1.46% | -1.78% | -1.13% | -0.69% | 0.18% | 0.20% |
| █▇▅▆▄▃▁▁ | Efficiency Ratio (%) | 167.1% | 156.0% | 134.2% | 144.9% | 124.2% | 112.9% | 89.5% | 88.9% |
| █▇▆▄▂▁▁▁ | Cost of Funds (%) | 3.73% | 3.52% | 3.31% | 3.00% | 2.65% | 2.37% | 2.44% | 2.44% |
| ▂▁▁█▁▁▁▂ | NPA / Assets (%) | 0.42% | 0.28% | 0.31% | 1.20% | 0.34% | 0.30% | 0.33% | 0.47% |
| ▂▁▁█▁▁▁▂ | Net Charge-Off Ratio (%) | 0.47% | 0.34% | 0.35% | 1.36% | 0.39% | 0.35% | 0.37% | 0.52% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $18 | $19 | $20 | $21 | $22 | $24 | $25 | $26 |
| ▁▁▂▄▅▇▇█ | Gross Loans ($M) | $178 | $185 | $193 | $205 | $219 | $232 | $236 | $246 |
| ▁▂▃▃▆███ | Total Deposits ($M) | $180 | $196 | $199 | $207 | $232 | $255 | $255 | $248 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 35% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 24% |