Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.06 | 0.81% |
| Return on Equity (%) | ▲ | 5.98% | +0.45 | 5.53% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.14 | 3.09% |
| Efficiency Ratio (%) | ▲ | 62.68% | -0.54 | 63.22% |
| Pre-Provision Profit ($M) | — | $0 | 0.00 | $0 |
| Cost of Funds (%) | ▲ | 2.16% | -0.27 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +7.90 | $183 |
| Gross Loans ($M) | ▼ | $104 | -10.31 | $114 |
| Loan Growth YoY (%) | ▼ | 62.10% | -9.47 | 71.57% |
| Total Deposits ($M) | ▲ | $162 | +7.34 | $154 |
| Shareholders Equity ($M) | ▲ | $27 | +0.71 | $27 |
| Tang. Book Value ($M) | ▲ | $27 | +0.71 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +0.85 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 62.10% | -9.47 | 71.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.59 | 0.73% |
| Allowance / Loans (%) | — | 3.52% | 0.09% | 3.43% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.91 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▂▁▄▂█▇ | Net Interest Margin (%) | 3.16% | 3.17% | 3.13% | 3.09% | 3.16% | 3.12% | 3.25% | 3.22% |
| ▅▂▅▄▃▁█▅ | Return on Assets (%) | 0.86% | 0.72% | 0.87% | 0.81% | 0.77% | 0.66% | 1.01% | 0.87% |
| ▄█▃▅▆█▁▄ | Efficiency Ratio (%) | 62.1% | 67.6% | 60.8% | 63.2% | 64.6% | 68.4% | 57.7% | 62.7% |
| ██▇▆▆▅▁▂ | Cost of Funds (%) | 2.52% | 2.56% | 2.44% | 2.42% | 2.38% | 2.35% | 2.05% | 2.16% |
| ▂▂▄█▁▁▁▁ | NPA / Assets (%) | 0.21% | 0.15% | 0.34% | 0.73% | 0.07% | 0.06% | 0.12% | 0.14% |
| ▂▂▄█▁▁▁▂ | Net Charge-Off Ratio (%) | 0.35% | 0.24% | 0.53% | 1.17% | 0.12% | 0.10% | 0.22% | 0.26% |
| ▁▁▄▃▆▆██ | Tang. Book Value ($M) | $26 | $26 | $27 | $27 | $27 | $27 | $27 | $27 |
| ████▇█▁▁ | Gross Loans ($M) | $114 | $114 | $116 | $114 | $113 | $114 | $105 | $104 |
| ▇▂▁▄▅▂██ | Total Deposits ($M) | $160 | $153 | $150 | $154 | $156 | $152 | $162 | $162 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 28% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 37% |