Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.27% | -0.50 | 0.77% |
| Return on Equity (%) | ▼ | 1.98% | -3.75 | 5.73% |
| Net Interest Margin (%) | ▼ | 4.30% | -0.17 | 4.47% |
| Efficiency Ratio (%) | ▼ | 90.35% | +15.73 | 74.62% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.27 | $0 |
| Cost of Funds (%) | ▼ | 1.96% | +0.05 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +11.47 | $141 |
| Gross Loans ($M) | ▼ | $117 | -0.74 | $118 |
| Loan Growth YoY (%) | ▼ | 91.14% | -7.43 | 98.57% |
| Total Deposits ($M) | ▲ | $126 | +8.77 | $118 |
| Shareholders Equity ($M) | ▲ | $20 | +0.73 | $20 |
| Tang. Book Value ($M) | ▲ | $20 | +0.73 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 91.14% | -7.43 | 98.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.96% | +0.46 | 1.49% |
| Allowance / Loans (%) | — | 1.66% | 0.02% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 2.48% | +0.69 | 1.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.97% | -0.13 | 18.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▃▅██▁▁ | Net Interest Margin (%) | 4.50% | 4.50% | 4.41% | 4.47% | 4.64% | 4.62% | 4.28% | 4.30% |
| ██▄▅▆▅▁▁ | Return on Assets (%) | 1.05% | 1.09% | 0.67% | 0.77% | 0.80% | 0.74% | 0.30% | 0.27% |
| ▁▁▂▃▃▄██ | Efficiency Ratio (%) | 69.6% | 68.6% | 72.6% | 74.6% | 75.7% | 76.9% | 87.7% | 90.4% |
| ▁█▃▄▄▇█▇ | Cost of Funds (%) | 1.87% | 1.97% | 1.91% | 1.91% | 1.91% | 1.95% | 1.97% | 1.96% |
| ▁▂▁▄▃▁▅█ | NPA / Assets (%) | 1.11% | 1.22% | 1.08% | 1.49% | 1.41% | 1.18% | 1.61% | 1.96% |
| ▁▂▁▄▃▁▅█ | Net Charge-Off Ratio (%) | 1.24% | 1.44% | 1.33% | 1.78% | 1.69% | 1.37% | 1.95% | 2.48% |
| ▁▁▄▅▇███ | Tang. Book Value ($M) | $19 | $19 | $19 | $20 | $20 | $20 | $20 | $20 |
| ▇▃▁▂▄█▄▁ | Gross Loans ($M) | $120 | $118 | $117 | $118 | $118 | $121 | $119 | $117 |
| ▁▁▃▁▁▆▇█ | Total Deposits ($M) | $118 | $119 | $120 | $118 | $119 | $123 | $125 | $126 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 20% |