Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.37% | +0.21 | 0.16% |
| Return on Equity (%) | ▲ | 5.31% | +2.42 | 2.89% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.17 | 3.60% |
| Efficiency Ratio (%) | ▲ | 88.42% | -6.88 | 95.30% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.94% | -0.17 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $280 | -30.07 | $310 |
| Gross Loans ($M) | ▼ | $169 | -23.09 | $192 |
| Loan Growth YoY (%) | ▼ | 70.94% | -0.16 | 71.10% |
| Total Deposits ($M) | ▼ | $234 | -31.95 | $266 |
| Shareholders Equity ($M) | ▲ | $20 | +2.13 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.13 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +1.94 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 70.94% | -0.16 | 71.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.03 | 0.25% |
| Allowance / Loans (%) | — | 1.70% | 0.21% | 1.49% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.03 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▅█▇ | Net Interest Margin (%) | 3.45% | 3.42% | 3.49% | 3.60% | 3.58% | 3.63% | 3.82% | 3.77% |
| ▆▄▃▄▁▂██ | Return on Assets (%) | 0.24% | 0.19% | 0.14% | 0.16% | 0.01% | 0.08% | 0.37% | 0.37% |
| ▃▅▆▅█▆▁▁ | Efficiency Ratio (%) | 92.1% | 94.3% | 96.2% | 95.3% | 99.7% | 96.7% | 88.7% | 88.4% |
| ▂▄▂▆█▅▁▃ | Cost of Funds (%) | 1.89% | 2.04% | 1.90% | 2.12% | 2.26% | 2.07% | 1.83% | 1.94% |
| ▁▁▁█████ | NPA / Assets (%) | 0.03% | 0.04% | 0.05% | 0.25% | 0.24% | 0.23% | 0.23% | 0.22% |
| ▁▁▁██▇██ | Net Charge-Off Ratio (%) | 0.04% | 0.06% | 0.07% | 0.40% | 0.38% | 0.35% | 0.36% | 0.36% |
| ▆▁▃▃▆███ | Tang. Book Value ($M) | $19 | $17 | $18 | $18 | $19 | $20 | $20 | $20 |
| █▇██▇▆▄▁ | Gross Loans ($M) | $193 | $190 | $193 | $192 | $188 | $186 | $181 | $169 |
| █▇█▇▄▂▂▁ | Total Deposits ($M) | $273 | $265 | $272 | $266 | $253 | $241 | $241 | $234 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 28% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 11% |