Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.90% | -1.13 | 3.03% |
| Return on Equity (%) | ▼ | 4.60% | -2.05 | 6.65% |
| Net Interest Margin (%) | ▼ | 5.44% | -1.43 | 6.86% |
| Efficiency Ratio (%) | ▼ | 49.65% | +12.19 | 37.45% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.20 | $1 |
| Cost of Funds (%) | ▼ | 1.04% | +0.08 | 0.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $103 | +4.64 | $98 |
| Gross Loans ($M) | ▲ | $85 | +10.27 | $75 |
| Loan Growth YoY (%) | ▲ | 134.12% | +10.34 | 123.77% |
| Total Deposits ($M) | ▲ | $59 | +2.95 | $56 |
| Shareholders Equity ($M) | ▲ | $42 | +1.39 | $41 |
| Tang. Book Value ($M) | ▲ | $42 | +1.39 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 134.12% | +10.34 | 123.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 16.25% | +9.64 | 6.60% |
| Allowance / Loans (%) | — | 6.92% | -0.28% | 7.20% |
| Net Charge-Off Ratio (%) | ▼ | 15.93% | +11.42 | 4.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 40.47% | -5.08 | 45.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▅▅▃▁▁ | Net Interest Margin (%) | 7.81% | 8.03% | 7.38% | 6.86% | 6.94% | 6.22% | 5.37% | 5.44% |
| ██▆▅▅▁▁▁ | Return on Assets (%) | 3.79% | 3.78% | 3.26% | 3.03% | 2.88% | 1.92% | 1.77% | 1.90% |
| ▁▁▂▂▃▇█▇ | Efficiency Ratio (%) | 33.2% | 34.4% | 37.7% | 37.5% | 40.1% | 48.2% | 52.2% | 49.6% |
| █▆▁▁█▇▃▄ | Cost of Funds (%) | 1.18% | 1.12% | 0.94% | 0.96% | 1.18% | 1.13% | 1.01% | 1.04% |
| ▃▁▁▁████ | NPA / Assets (%) | 10.08% | 7.17% | 7.76% | 6.60% | 16.14% | 16.78% | 16.41% | 16.25% |
| ▆▃▃▁████ | Net Charge-Off Ratio (%) | 13.10% | 9.07% | 9.26% | 4.51% | 17.17% | 16.95% | 16.39% | 15.93% |
| ▁▂▄▅▇▆▇█ | Tang. Book Value ($M) | $38 | $39 | $40 | $41 | $41 | $41 | $41 | $42 |
| ▁▁▂▄▄▆▇█ | Gross Loans ($M) | $66 | $65 | $70 | $75 | $74 | $78 | $82 | $85 |
| ▂▁▁▇▇▇██ | Total Deposits ($M) | $46 | $42 | $42 | $56 | $56 | $55 | $58 | $59 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 23% |