Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.33% | -0.88 | 1.21% |
| Return on Equity (%) | ▼ | 1.61% | -4.47 | 6.08% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.44 | 2.44% |
| Efficiency Ratio (%) | ▼ | 85.36% | +16.99 | 68.37% |
| Pre-Provision Profit ($M) | ▼ | $1 | -2.47 | $3 |
| Cost of Funds (%) | ▲ | 1.56% | -0.17 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $532 | -7.55 | $539 |
| Gross Loans ($M) | ▲ | $395 | +13.75 | $381 |
| Loan Growth YoY (%) | ▲ | 94.82% | +5.44 | 89.38% |
| Total Deposits ($M) | ▼ | $415 | -9.88 | $425 |
| Shareholders Equity ($M) | ▲ | $111 | +2.31 | $109 |
| Tang. Book Value ($M) | ▲ | $111 | +2.31 | $109 |
| TBV excl. AOCI ($M)** | ▲ | $116 | +2.00 | $114 |
| Loan / Deposit Ratio (%) | ▲ | 94.82% | +5.44 | 89.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.18 | 0.25% |
| Allowance / Loans (%) | — | 0.43% | -0.02% | 0.45% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.25 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 38.90% | -2.78 | 41.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.05% | 2.12% | 2.37% | 2.44% | 2.51% | 2.56% | 2.81% | 2.89% |
| ▁▁▁█▇▆▃▃ | Return on Assets (%) | -0.07% | -0.02% | 0.06% | 1.21% | 0.91% | 0.79% | 0.32% | 0.33% |
| ██▇▁▁▂▄▄ | Efficiency Ratio (%) | 104.8% | 102.3% | 96.9% | 68.4% | 72.8% | 74.5% | 85.5% | 85.4% |
| █▇▆▇█▅▁▁ | Cost of Funds (%) | 1.77% | 1.74% | 1.71% | 1.73% | 1.74% | 1.69% | 1.57% | 1.56% |
| ▄▇▅█▁▄▁▂ | NPA / Assets (%) | 0.13% | 0.21% | 0.15% | 0.25% | 0.04% | 0.11% | 0.02% | 0.07% |
| ▄▇▅█▁▄▁▂ | Net Charge-Off Ratio (%) | 0.17% | 0.29% | 0.20% | 0.34% | 0.05% | 0.14% | 0.02% | 0.09% |
| ▃▁▂▆▇███ | Tang. Book Value ($M) | $106 | $104 | $105 | $109 | $110 | $111 | $111 | $111 |
| ▁▁▃▄▄▃▇█ | Gross Loans ($M) | $369 | $369 | $378 | $381 | $381 | $378 | $390 | $395 |
| ▁▅▆██▅▅▂ | Total Deposits ($M) | $412 | $419 | $421 | $425 | $424 | $419 | $419 | $415 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 2% |
| Interest-Bearing (core) | 86% |
| Brokered / Other | 12% |