Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.57% | -0.14 | 0.71% |
| Return on Equity (%) | ▼ | 8.52% | -2.18 | 10.70% |
| Net Interest Margin (%) | ▼ | 3.75% | -0.22 | 3.96% |
| Efficiency Ratio (%) | ▼ | 77.19% | +7.39 | 69.80% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.81% | +0.02 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $275 | +27.72 | $247 |
| Gross Loans ($M) | ▲ | $224 | +19.65 | $205 |
| Loan Growth YoY (%) | ▼ | 109.05% | -0.46 | 109.51% |
| Total Deposits ($M) | ▲ | $204 | +19.09 | $185 |
| Shareholders Equity ($M) | ▲ | $18 | +1.79 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.79 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 109.05% | -0.46 | 109.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.80% | -0.18 | 0.98% |
| Allowance / Loans (%) | — | 0.72% | -0.22% | 0.94% |
| Net Charge-Off Ratio (%) | ▲ | 0.66% | -0.17 | 0.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.98% | -0.12 | 12.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▇███▁▅ | Net Interest Margin (%) | 3.90% | 3.96% | 3.94% | 3.96% | 3.99% | 4.03% | 3.44% | 3.75% |
| ██▃▆██▁▄ | Return on Assets (%) | 0.88% | 0.92% | 0.54% | 0.71% | 0.87% | 0.88% | 0.35% | 0.57% |
| ▃▁▁▂▁▁█▅ | Efficiency Ratio (%) | 71.1% | 68.3% | 68.4% | 69.8% | 67.2% | 66.3% | 84.0% | 77.2% |
| ▁▁▁▂▁▃█▂ | Cost of Funds (%) | 1.70% | 1.75% | 1.70% | 1.79% | 1.76% | 1.85% | 2.13% | 1.81% |
| ▁▁▁▅▁▄█▄ | NPA / Assets (%) | 0.31% | 0.31% | 0.36% | 0.98% | 0.28% | 0.81% | 1.43% | 0.80% |
| ▁▁▁▅▁▄█▄ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.08% | 0.83% | 0.00% | 0.66% | 1.42% | 0.66% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $16 | $15 | $16 | $17 | $18 | $18 | $18 | $18 |
| ▁▂▂▄▅▇██ | Gross Loans ($M) | $187 | $193 | $196 | $205 | $210 | $216 | $222 | $224 |
| ▁▁▃▂▆▆█▆ | Total Deposits ($M) | $179 | $183 | $189 | $185 | $203 | $203 | $213 | $204 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 13% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 7% |