Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.25% | +0.56 | -0.31% |
| Return on Equity (%) | ▲ | 2.30% | +5.11 | -2.81% |
| Net Interest Margin (%) | ▲ | 2.45% | +0.53 | 1.92% |
| Efficiency Ratio (%) | ▲ | 84.66% | -37.16 | 121.82% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.44 | $0 |
| Cost of Funds (%) | ▲ | 2.16% | -0.37 | 2.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $580 | +8.35 | $572 |
| Gross Loans ($M) | ▲ | $486 | +14.63 | $471 |
| Loan Growth YoY (%) | ▼ | 119.00% | -1.68 | 120.68% |
| Total Deposits ($M) | ▲ | $406 | +17.68 | $388 |
| Shareholders Equity ($M) | ▲ | $64 | +1.79 | $62 |
| Tang. Book Value ($M) | ▲ | $64 | +1.79 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +1.81 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 119.00% | -1.68 | 120.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.14 | 0.36% |
| Allowance / Loans (%) | — | 0.63% | 0.01% | 0.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.18 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.04% | -0.08 | 18.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 1.61% | 1.67% | 1.83% | 1.92% | 2.01% | 2.08% | 2.46% | 2.45% |
| ▁▂▁▃▅▆██ | Return on Assets (%) | -0.66% | -0.53% | -0.63% | -0.31% | -0.15% | -0.04% | 0.28% | 0.25% |
| █▇█▅▃▃▁▁ | Efficiency Ratio (%) | 151.6% | 141.3% | 148.2% | 121.8% | 108.4% | 101.5% | 83.6% | 84.7% |
| ██▇▆▅▄▂▁ | Cost of Funds (%) | 2.67% | 2.64% | 2.60% | 2.53% | 2.47% | 2.41% | 2.25% | 2.16% |
| █▄▃▃▁▁▁▁ | NPA / Assets (%) | 0.62% | 0.38% | 0.36% | 0.36% | 0.21% | 0.22% | 0.21% | 0.22% |
| █▂▄▄▁▁▁▁ | Net Charge-Off Ratio (%) | 0.62% | 0.32% | 0.44% | 0.43% | 0.25% | 0.26% | 0.26% | 0.26% |
| ▇▂▁▁▅▇██ | Tang. Book Value ($M) | $64 | $62 | $62 | $62 | $63 | $64 | $64 | $64 |
| ▁▅▃▂▆▅▃█ | Gross Loans ($M) | $468 | $477 | $473 | $471 | $480 | $479 | $474 | $486 |
| ▂▁▄▅█▇██ | Total Deposits ($M) | $372 | $365 | $383 | $388 | $405 | $400 | $404 | $406 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 14% |