Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.13% | +1.26 | -1.13% |
| Return on Equity (%) | ▲ | 1.34% | +11.20 | -9.86% |
| Net Interest Margin (%) | ▲ | 2.62% | +0.33 | 2.30% |
| Efficiency Ratio (%) | ▲ | 101.60% | -0.91 | 102.51% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -0.39 | $0 |
| Cost of Funds (%) | ▲ | 2.99% | -0.39 | 3.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $649 | -62.28 | $711 |
| Gross Loans ($M) | ▲ | $487 | +17.71 | $469 |
| Loan Growth YoY (%) | ▲ | 99.79% | +13.28 | 86.52% |
| Total Deposits ($M) | ▼ | $480 | -53.56 | $534 |
| Shareholders Equity ($M) | ▼ | $67 | -15.89 | $83 |
| Tang. Book Value ($M) | ▼ | $65 | -15.89 | $80 |
| TBV excl. AOCI ($M)** | ▼ | $69 | -16.40 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 99.79% | +13.28 | 86.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 4.20% | -0.46 | 4.66% |
| Allowance / Loans (%) | — | 1.49% | 0.00% | 1.49% |
| Net Charge-Off Ratio (%) | ▲ | 5.60% | -1.47 | 7.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.96% | -3.30 | 16.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▄▄▅▇ | Net Interest Margin (%) | 2.67% | 2.70% | 2.24% | 2.30% | 2.42% | 2.46% | 2.49% | 2.62% |
| ██▆▅▄▁██ | Return on Assets (%) | 0.33% | 0.32% | -0.82% | -1.13% | -1.45% | -2.85% | 0.00% | 0.13% |
| ▁▁▇▆▅█▄▆ | Efficiency Ratio (%) | 83.1% | 82.5% | 105.6% | 102.5% | 98.7% | 110.3% | 94.9% | 101.6% |
| █▇▄▅▃▃▁▂ | Cost of Funds (%) | 3.88% | 3.71% | 3.31% | 3.38% | 3.05% | 3.08% | 2.77% | 2.99% |
| ▁▇███▅▃▅ | NPA / Assets (%) | 3.48% | 4.48% | 4.59% | 4.66% | 4.64% | 4.12% | 3.89% | 4.20% |
| ▁▆██▆▃▂▃ | Net Charge-Off Ratio (%) | 4.89% | 6.52% | 6.81% | 7.07% | 6.31% | 5.61% | 5.37% | 5.60% |
| ███▇▅▁▁▁ | Tang. Book Value ($M) | $85 | $84 | $83 | $80 | $77 | $64 | $64 | $65 |
| █▅▃▁▂▂▃▂ | Gross Loans ($M) | $579 | $535 | $501 | $469 | $485 | $487 | $504 | $487 |
| █▇▅▃▁▂▃▁ | Total Deposits ($M) | $642 | $614 | $564 | $534 | $497 | $513 | $523 | $480 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 44% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 27% |