Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.02 | 1.27% |
| Return on Equity (%) | ▼ | 15.13% | -4.23 | 19.36% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.12 | 3.16% |
| Efficiency Ratio (%) | ▼ | 63.12% | +3.27 | 59.85% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.37% | -0.18 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $242 | -7.89 | $250 |
| Gross Loans ($M) | ▼ | $125 | -12.11 | $137 |
| Loan Growth YoY (%) | ▼ | 56.49% | -2.50 | 58.99% |
| Total Deposits ($M) | ▼ | $217 | -11.34 | $229 |
| Shareholders Equity ($M) | ▲ | $21 | +3.29 | $17 |
| Tang. Book Value ($M) | ▲ | $21 | +3.29 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.70 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 56.49% | -2.50 | 58.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.05 | 0.11% |
| Allowance / Loans (%) | — | 1.88% | 0.18% | 1.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.25% | +0.05 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -18.82 | 18.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇▇██ | Net Interest Margin (%) | 2.81% | 2.86% | 3.16% | 3.16% | 3.17% | 3.19% | 3.24% | 3.28% |
| ▁▁██████ | Return on Assets (%) | 0.94% | 0.90% | 1.29% | 1.27% | 1.26% | 1.26% | 1.28% | 1.30% |
| ▇█▁▁▃▃▄▅ | Efficiency Ratio (%) | 65.8% | 67.3% | 58.8% | 59.9% | 61.1% | 61.8% | 63.0% | 63.1% |
| █▇▅▃▄▃▁▁ | Cost of Funds (%) | 1.96% | 1.83% | 1.70% | 1.55% | 1.66% | 1.56% | 1.41% | 1.37% |
| ▁▁▁▄▂▄█▅ | NPA / Assets (%) | 0.01% | 0.03% | 0.03% | 0.11% | 0.07% | 0.13% | 0.25% | 0.16% |
| ▁▁▁▄▂▄█▅ | Net Charge-Off Ratio (%) | 0.03% | 0.05% | 0.05% | 0.20% | 0.13% | 0.24% | 0.46% | 0.25% |
| ▄▁▃▄████ | Tang. Book Value ($M) | $17 | $15 | $17 | $17 | $20 | $20 | $21 | $21 |
| ▇█▇▆▂▄▂▁ | Gross Loans ($M) | $140 | $144 | $140 | $137 | $129 | $132 | $130 | $125 |
| ▅█▄▆▄▃▁▃ | Total Deposits ($M) | $225 | $236 | $221 | $229 | $221 | $216 | $209 | $217 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 12% |