Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.37% | +0.12 | 0.25% |
| Return on Equity (%) | ▲ | 2.99% | +0.90 | 2.09% |
| Net Interest Margin (%) | ▲ | 4.69% | +0.34 | 4.35% |
| Efficiency Ratio (%) | ▲ | 90.04% | -1.49 | 91.52% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 0.76% | -0.12 | 0.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $383 | -2.87 | $386 |
| Gross Loans ($M) | ▲ | $229 | +4.00 | $225 |
| Loan Growth YoY (%) | ▲ | 69.87% | +3.71 | 66.16% |
| Total Deposits ($M) | ▼ | $324 | -11.89 | $336 |
| Shareholders Equity ($M) | ▲ | $47 | +0.37 | $46 |
| Tang. Book Value ($M) | ▲ | $47 | +0.37 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +0.62 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 69.87% | +3.71 | 66.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.13% | -0.21 | 1.34% |
| Allowance / Loans (%) | — | 1.15% | -0.09% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 1.89% | -0.41 | 2.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▁▂▅██ | Net Interest Margin (%) | 4.51% | 4.46% | 4.31% | 4.35% | 4.39% | 4.51% | 4.68% | 4.69% |
| █▆▃▁▁▁▅▂ | Return on Assets (%) | 0.92% | 0.70% | 0.44% | 0.25% | 0.19% | 0.22% | 0.60% | 0.37% |
| ▁▃▅███▄█ | Efficiency Ratio (%) | 76.3% | 80.3% | 85.6% | 91.5% | 91.6% | 91.9% | 83.7% | 90.0% |
| ▁▅██▇▆▁▁ | Cost of Funds (%) | 0.76% | 0.83% | 0.90% | 0.88% | 0.87% | 0.84% | 0.75% | 0.76% |
| █▆▁▆▇▄▃▂ | NPA / Assets (%) | 1.49% | 1.34% | 1.02% | 1.34% | 1.41% | 1.23% | 1.16% | 1.13% |
| ▆▆▁▆█▅▃▂ | Net Charge-Off Ratio (%) | 2.27% | 2.25% | 1.71% | 2.30% | 2.57% | 2.18% | 2.03% | 1.89% |
| ▂▁▅▆▇██▇ | Tang. Book Value ($M) | $46 | $45 | $46 | $46 | $47 | $47 | $47 | $47 |
| ███▆▁▁▃█ | Gross Loans ($M) | $230 | $228 | $230 | $225 | $213 | $214 | $218 | $229 |
| ▁▇███▆▇▅ | Total Deposits ($M) | $301 | $333 | $335 | $336 | $338 | $328 | $329 | $324 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 2% |