Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -3.45% | -4.66 | 1.20% |
| Return on Equity (%) | ▼ | -19.74% | -26.94 | 7.20% |
| Net Interest Margin (%) | ▼ | 4.79% | -0.51 | 5.30% |
| Efficiency Ratio (%) | ▼ | 152.65% | +89.89 | 62.76% |
| Pre-Provision Profit ($M) | ▼ | $-4 | -5.66 | $1 |
| Cost of Funds (%) | ▼ | 0.89% | +0.18 | 0.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $264 | -15.16 | $280 |
| Gross Loans ($M) | ▼ | $197 | -1.15 | $199 |
| Loan Growth YoY (%) | ▲ | 92.21% | +5.92 | 86.29% |
| Total Deposits ($M) | ▼ | $208 | -14.56 | $222 |
| Shareholders Equity ($M) | ▼ | $44 | -4.52 | $48 |
| Tang. Book Value ($M) | ▼ | $44 | -4.52 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 92.21% | +5.92 | 86.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.11% | +1.11 | 0.00% |
| Allowance / Loans (%) | — | 3.04% | -0.42% | 3.46% |
| Net Charge-Off Ratio (%) | ▼ | 1.48% | +1.48 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 20.74% | -2.13 | 22.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▇▅▆▁▁ | Net Interest Margin (%) | 5.43% | 5.46% | 5.26% | 5.30% | 5.13% | 5.22% | 4.85% | 4.79% |
| ███████▁ | Return on Assets (%) | 1.53% | 1.49% | 1.25% | 1.20% | 1.10% | 1.07% | 1.06% | -3.45% |
| ▁▁▁▁▁▂▂█ | Efficiency Ratio (%) | 55.1% | 56.4% | 61.3% | 62.8% | 66.2% | 68.2% | 68.7% | 152.6% |
| ▁▁▁▂▄▆▃█ | Cost of Funds (%) | 0.67% | 0.67% | 0.69% | 0.71% | 0.76% | 0.84% | 0.75% | 0.89% |
| ▁▁▁▁█▃▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 2.72% | 0.71% | 1.13% | 1.11% |
| ▁▁▁▁█▃▄▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 3.96% | 1.04% | 1.54% | 1.48% |
| ▅▆▇▇▇██▁ | Tang. Book Value ($M) | $47 | $47 | $48 | $48 | $49 | $49 | $49 | $44 |
| ▅█▆▄▃▁▄▄ | Gross Loans ($M) | $199 | $206 | $201 | $199 | $196 | $191 | $198 | $197 |
| ██▆▄▅▄▁▁ | Total Deposits ($M) | $241 | $237 | $230 | $222 | $227 | $220 | $211 | $208 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 14% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 42% |
| Brokered / Other | 12% |