Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.15% | -1.39 | 1.55% |
| Return on Equity (%) | ▼ | 0.97% | -8.81 | 9.78% |
| Net Interest Margin (%) | ▼ | 2.46% | -0.96 | 3.41% |
| Efficiency Ratio (%) | ▼ | 96.52% | +39.10 | 57.41% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -3.00 | $3 |
| Cost of Funds (%) | ▲ | 2.81% | -0.24 | 3.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,053 | +44.49 | $1,009 |
| Gross Loans ($M) | ▲ | $642 | +107.09 | $535 |
| Loan Growth YoY (%) | ▲ | 80.29% | +7.08 | 73.21% |
| Total Deposits ($M) | ▲ | $791 | +69.35 | $721 |
| Shareholders Equity ($M) | ▼ | $167 | -1.74 | $169 |
| Tang. Book Value ($M) | ▼ | $167 | -1.74 | $169 |
| TBV excl. AOCI ($M)** | ▼ | $176 | -3.47 | $180 |
| Loan / Deposit Ratio (%) | ▲ | 80.29% | +7.08 | 73.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.47% | -0.34 | 1.81% |
| Allowance / Loans (%) | — | 1.06% | -0.15% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -2.95 | 2.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃█▅▄▃▁▁ | Net Interest Margin (%) | 3.15% | 3.08% | 4.21% | 3.41% | 3.15% | 3.01% | 2.45% | 2.46% |
| ▄▄█▆▄▄▁▁ | Return on Assets (%) | 1.18% | 1.17% | 2.22% | 1.55% | 1.09% | 0.94% | 0.24% | 0.15% |
| ▃▃▁▂▃▄▇█ | Efficiency Ratio (%) | 64.8% | 63.7% | 48.4% | 57.4% | 63.2% | 67.5% | 90.3% | 96.5% |
| ▁▁▁██▄▄▃ | Cost of Funds (%) | 2.70% | 2.70% | 2.73% | 3.05% | 3.07% | 2.85% | 2.85% | 2.81% |
| ▇█▄▅▄▁▂▁ | NPA / Assets (%) | 1.93% | 2.09% | 1.70% | 1.81% | 1.73% | 1.45% | 1.55% | 1.47% |
| ██▇▆▆▁▁▁ | Net Charge-Off Ratio (%) | 3.91% | 3.99% | 3.02% | 2.95% | 2.64% | 0.06% | 0.06% | 0.00% |
| ▁▃▄▆▇█▄▄ | Tang. Book Value ($M) | $163 | $166 | $167 | $169 | $170 | $172 | $166 | $167 |
| ▂▁▁▂▆▅██ | Gross Loans ($M) | $528 | $519 | $510 | $535 | $596 | $591 | $646 | $642 |
| ▁▆▂▁▅█▄▇ | Total Deposits ($M) | $721 | $782 | $738 | $721 | $770 | $812 | $762 | $791 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 14% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |