Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.86% | -0.46 | 2.32% |
| Return on Equity (%) | ▼ | 18.25% | -6.41 | 24.66% |
| Net Interest Margin (%) | ▼ | 4.82% | -0.17 | 4.98% |
| Efficiency Ratio (%) | ▼ | 62.06% | +6.48 | 55.58% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.19 | $2 |
| Cost of Funds (%) | ▼ | 1.43% | +0.04 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $322 | -1.68 | $323 |
| Gross Loans ($M) | ▼ | $215 | -8.57 | $224 |
| Loan Growth YoY (%) | ▼ | 76.24% | -2.52 | 78.76% |
| Total Deposits ($M) | ▼ | $279 | -1.73 | $281 |
| Shareholders Equity ($M) | ▲ | $33 | +2.83 | $30 |
| Tang. Book Value ($M) | ▲ | $33 | +2.83 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.74 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 76.24% | -2.52 | 78.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.33% | -1.05 | 1.38% |
| Allowance / Loans (%) | — | 1.16% | -0.04% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -1.50 | 1.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▇▆███▁▃ | Net Interest Margin (%) | 4.88% | 4.95% | 4.93% | 4.98% | 4.99% | 4.99% | 4.74% | 4.82% |
| ▇███▆▃▁▃ | Return on Assets (%) | 2.23% | 2.27% | 2.30% | 2.32% | 2.07% | 1.87% | 1.64% | 1.86% |
| ▁▁▁▁▁▁█▆ | Efficiency Ratio (%) | 56.5% | 56.1% | 56.6% | 55.6% | 56.5% | 55.5% | 65.5% | 62.1% |
| ▁▂▃▆██▅▇ | Cost of Funds (%) | 1.18% | 1.22% | 1.26% | 1.39% | 1.47% | 1.47% | 1.34% | 1.43% |
| ▇▇▇█▂█▁▂ | NPA / Assets (%) | 1.16% | 1.16% | 1.15% | 1.38% | 0.23% | 1.45% | 0.00% | 0.33% |
| ▇▇▇█▂█▁▂ | Net Charge-Off Ratio (%) | 1.83% | 1.68% | 1.62% | 1.99% | 0.35% | 2.13% | 0.00% | 0.49% |
| ▂▁▄▃▅▆██ | Tang. Book Value ($M) | $30 | $29 | $30 | $30 | $31 | $32 | $33 | $33 |
| ▁▆██▇▆▆▆ | Gross Loans ($M) | $196 | $213 | $223 | $224 | $220 | $215 | $214 | $215 |
| ▁▁▁▅█▃▃▄ | Total Deposits ($M) | $267 | $267 | $269 | $281 | $293 | $275 | $274 | $279 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 11% |