Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.31% | -0.13 | 2.43% |
| Return on Equity (%) | ▼ | 17.60% | -1.89 | 19.49% |
| Net Interest Margin (%) | ▲ | 5.21% | +0.03 | 5.18% |
| Efficiency Ratio (%) | ▼ | 54.20% | +2.95 | 51.25% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.10 | $1 |
| Cost of Funds (%) | ▲ | 0.86% | -0.14 | 1.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $229 | +3.93 | $225 |
| Gross Loans ($M) | ▲ | $176 | +26.02 | $150 |
| Loan Growth YoY (%) | ▲ | 87.55% | +12.31 | 75.24% |
| Total Deposits ($M) | ▲ | $198 | +2.24 | $196 |
| Shareholders Equity ($M) | ▲ | $28 | +1.79 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +1.79 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 87.55% | +12.31 | 75.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.58% | +1.18 | 3.40% |
| Allowance / Loans (%) | — | 1.30% | -0.26% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 5.96% | +0.85 | 5.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▁▃▃▆▂▃ | Net Interest Margin (%) | 5.44% | 5.58% | 5.03% | 5.18% | 5.18% | 5.40% | 5.12% | 5.21% |
| ▇█▁▄▅█▁▂ | Return on Assets (%) | 2.63% | 2.74% | 2.24% | 2.43% | 2.54% | 2.72% | 2.22% | 2.31% |
| ▂▁▇▄▂▁█▇ | Efficiency Ratio (%) | 49.3% | 48.4% | 53.4% | 51.2% | 49.3% | 48.1% | 55.1% | 54.2% |
| ██▅▆▄█▃▁ | Cost of Funds (%) | 1.06% | 1.08% | 0.99% | 1.00% | 0.96% | 1.09% | 0.92% | 0.86% |
| ▃▅▃▁▁█▇▅ | NPA / Assets (%) | 4.18% | 4.78% | 4.10% | 3.40% | 3.21% | 5.82% | 5.38% | 4.58% |
| ██▄▁▁▇▆▄ | Net Charge-Off Ratio (%) | 7.47% | 7.24% | 5.95% | 5.10% | 4.90% | 6.93% | 6.75% | 5.96% |
| ▁▃▃▂▇██▇ | Tang. Book Value ($M) | $25 | $26 | $26 | $26 | $28 | $28 | $28 | $28 |
| ▁▁▃▄▅▇██ | Gross Loans ($M) | $132 | $131 | $143 | $150 | $158 | $166 | $171 | $176 |
| █▁▃▆█▁▄▆ | Total Deposits ($M) | $208 | $169 | $178 | $196 | $210 | $167 | $184 | $198 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 15% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 68% |
| Interest-Bearing (core) | 27% |
| Brokered / Other | 4% |