Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.10% | -0.62 | 1.72% |
| Return on Equity (%) | ▼ | 6.00% | -3.46 | 9.46% |
| Net Interest Margin (%) | ▼ | 6.98% | -0.42 | 7.39% |
| Efficiency Ratio (%) | ▼ | 79.08% | +11.07 | 68.01% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.26 | $1 |
| Cost of Funds (%) | ▼ | 1.54% | +0.05 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $175 | +13.64 | $161 |
| Gross Loans ($M) | ▲ | $126 | +14.75 | $111 |
| Loan Growth YoY (%) | ▲ | 88.20% | +3.40 | 84.80% |
| Total Deposits ($M) | ▲ | $141 | +11.61 | $129 |
| Shareholders Equity ($M) | ▲ | $32 | +1.75 | $30 |
| Tang. Book Value ($M) | ▲ | $28 | +1.75 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 88.20% | +3.40 | 84.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.02 | 0.18% |
| Allowance / Loans (%) | — | 1.15% | -0.06% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -0.04 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▄▇██▁▂ | Net Interest Margin (%) | 6.94% | 6.89% | 7.13% | 7.39% | 7.54% | 7.48% | 6.81% | 6.98% |
| ▇▆▇███▁▃ | Return on Assets (%) | 1.52% | 1.50% | 1.59% | 1.72% | 1.74% | 1.66% | 0.86% | 1.10% |
| ▂▂▂▁▁▁█▆ | Efficiency Ratio (%) | 70.6% | 70.9% | 70.0% | 68.0% | 67.8% | 69.1% | 83.3% | 79.1% |
| ██▄▁▁▁▃▃ | Cost of Funds (%) | 1.80% | 1.78% | 1.61% | 1.48% | 1.44% | 1.46% | 1.55% | 1.54% |
| █▁▁▁▃▂▁▁ | NPA / Assets (%) | 0.84% | 0.19% | 0.19% | 0.18% | 0.35% | 0.26% | 0.12% | 0.16% |
| █▁▁▁▃▂▁▁ | Net Charge-Off Ratio (%) | 1.38% | 0.30% | 0.28% | 0.27% | 0.50% | 0.38% | 0.18% | 0.23% |
| ▁▁▃▅▅▇▇█ | Tang. Book Value ($M) | $25 | $25 | $26 | $27 | $27 | $27 | $28 | $28 |
| ▁▁▃▄▄▆▆█ | Gross Loans ($M) | $100 | $100 | $107 | $111 | $111 | $116 | $118 | $126 |
| ▄▂▁▁▁▅▆█ | Total Deposits ($M) | $134 | $131 | $129 | $129 | $129 | $135 | $138 | $141 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 22% |