Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.62% | -0.18 | 1.80% |
| Return on Equity (%) | ▼ | 16.04% | -2.22 | 18.26% |
| Net Interest Margin (%) | ▼ | 4.86% | -0.07 | 4.93% |
| Efficiency Ratio (%) | ▼ | 64.90% | +5.39 | 59.51% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.97% | -0.25 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $265 | -7.39 | $272 |
| Gross Loans ($M) | ▼ | $152 | -6.85 | $159 |
| Loan Growth YoY (%) | ▼ | 63.58% | -0.81 | 64.39% |
| Total Deposits ($M) | ▼ | $237 | -7.64 | $245 |
| Shareholders Equity ($M) | ▲ | $27 | +0.33 | $26 |
| Tang. Book Value ($M) | ▲ | $27 | +0.33 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +1.09 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 63.58% | -0.81 | 64.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.05 | 0.62% |
| Allowance / Loans (%) | — | 0.98% | 0.03% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 0.98% | +0.30 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▂▂▃▂▁▁ | Net Interest Margin (%) | 5.65% | 5.47% | 4.96% | 4.93% | 5.08% | 5.00% | 4.79% | 4.86% |
| ▅▅█▅▅▃▁▂ | Return on Assets (%) | 1.82% | 1.84% | 2.05% | 1.80% | 1.78% | 1.70% | 1.50% | 1.62% |
| ██▁▃▃▅██ | Efficiency Ratio (%) | 65.0% | 64.2% | 56.4% | 59.5% | 58.8% | 61.4% | 65.0% | 64.9% |
| ▅█▄▃▄▂▁▁ | Cost of Funds (%) | 2.38% | 2.63% | 2.26% | 2.21% | 2.30% | 2.07% | 2.00% | 1.97% |
| ▁▁█▃▅▇▆▄ | NPA / Assets (%) | 0.49% | 0.50% | 0.88% | 0.62% | 0.70% | 0.80% | 0.74% | 0.67% |
| ▁▁█▄▃▅▆▇ | Net Charge-Off Ratio (%) | 0.39% | 0.44% | 1.07% | 0.68% | 0.64% | 0.74% | 0.89% | 0.98% |
| ▁▄▆▆████ | Tang. Book Value ($M) | $26 | $26 | $26 | $26 | $27 | $27 | $27 | $27 |
| ▆█▇▄▄▂▁▁ | Gross Loans ($M) | $162 | $167 | $164 | $159 | $159 | $155 | $152 | $152 |
| ▁▅▆█▄▆▄▅ | Total Deposits ($M) | $226 | $237 | $240 | $245 | $235 | $239 | $235 | $237 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 9% |
| Consumer | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 24% |