Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.79% | -0.17 | 1.96% |
| Return on Equity (%) | ▼ | 11.36% | -1.43 | 12.79% |
| Net Interest Margin (%) | ▼ | 5.13% | -0.43 | 5.56% |
| Efficiency Ratio (%) | ▼ | 56.95% | +0.23 | 56.73% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.07 | $1 |
| Cost of Funds (%) | ▲ | 0.93% | -0.01 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $209 | +20.12 | $189 |
| Gross Loans ($M) | ▲ | $170 | +34.08 | $136 |
| Loan Growth YoY (%) | ▲ | 102.68% | +17.06 | 85.62% |
| Total Deposits ($M) | ▲ | $162 | +7.51 | $155 |
| Shareholders Equity ($M) | ▲ | $33 | +3.32 | $30 |
| Tang. Book Value ($M) | ▲ | $33 | +3.32 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 102.68% | +17.06 | 85.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.22% | +1.20 | 0.01% |
| Allowance / Loans (%) | — | 2.33% | -0.58% | 2.91% |
| Net Charge-Off Ratio (%) | ▼ | 1.49% | +1.48 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▅▄▁▁ | Net Interest Margin (%) | 5.85% | 5.93% | 5.46% | 5.56% | 5.54% | 5.47% | 5.07% | 5.13% |
| ██▂▄▅▆▁▁ | Return on Assets (%) | 2.14% | 2.15% | 1.87% | 1.96% | 1.98% | 2.04% | 1.82% | 1.79% |
| ▂▁█▇▇▄▆▇ | Efficiency Ratio (%) | 52.8% | 51.3% | 58.3% | 56.7% | 56.6% | 54.2% | 56.4% | 57.0% |
| ▆█▇▁█▂▆▁ | Cost of Funds (%) | 1.05% | 1.09% | 1.07% | 0.95% | 1.08% | 0.96% | 1.05% | 0.93% |
| ▁▁▁▁▁▂▃█ | NPA / Assets (%) | 0.04% | 0.04% | 0.01% | 0.01% | 0.01% | 0.23% | 0.42% | 1.22% |
| ▁▁▁▁▁▂▃█ | Net Charge-Off Ratio (%) | 0.06% | 0.05% | 0.02% | 0.01% | 0.01% | 0.29% | 0.51% | 1.49% |
| ▁▁▃▄▅▆██ | Tang. Book Value ($M) | $28 | $28 | $29 | $30 | $31 | $32 | $33 | $33 |
| ▃▆▁▁▁█▇█ | Gross Loans ($M) | $148 | $161 | $138 | $136 | $136 | $169 | $166 | $170 |
| █▂▁▁▃▃▂▂ | Total Deposits ($M) | $192 | $162 | $154 | $155 | $168 | $166 | $163 | $162 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 7% |
| Other | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 6% |