Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.25% | +0.28 | -0.03% |
| Return on Equity (%) | ▲ | 2.76% | +3.10 | -0.34% |
| Net Interest Margin (%) | ▲ | 3.11% | +0.45 | 2.66% |
| Efficiency Ratio (%) | ▲ | 90.59% | -10.48 | 101.07% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 1.03% | -0.01 | 1.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $317 | -0.37 | $317 |
| Gross Loans ($M) | ▲ | $199 | +18.16 | $181 |
| Loan Growth YoY (%) | ▲ | 70.72% | +8.19 | 62.53% |
| Total Deposits ($M) | ▼ | $280 | -7.64 | $288 |
| Shareholders Equity ($M) | ▲ | $28 | +0.76 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +0.76 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +0.48 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 70.72% | +8.19 | 62.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.37% | -0.05% | 0.42% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -16.72 | 16.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▅▆██ | Net Interest Margin (%) | 2.42% | 2.46% | 2.62% | 2.66% | 2.79% | 2.88% | 3.14% | 3.11% |
| ▃▂▁▂▄▅██ | Return on Assets (%) | 0.00% | -0.02% | -0.10% | -0.03% | 0.09% | 0.10% | 0.28% | 0.25% |
| ▇▇█▇▄▄▁▁ | Efficiency Ratio (%) | 100.2% | 101.1% | 103.9% | 101.1% | 95.8% | 94.7% | 89.1% | 90.6% |
| ▇█▆▁▃▂▁▁ | Cost of Funds (%) | 1.25% | 1.29% | 1.21% | 1.04% | 1.08% | 1.05% | 1.01% | 1.03% |
| ▂▁█▁▄▆▆▁ | NPA / Assets (%) | 0.02% | 0.00% | 0.10% | 0.00% | 0.04% | 0.07% | 0.06% | 0.01% |
| ▂▁█▁▄▅▅▁ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.17% | 0.00% | 0.07% | 0.10% | 0.10% | 0.02% |
| ▂▁▁▁▄▅██ | Tang. Book Value ($M) | $27 | $27 | $27 | $27 | $28 | $28 | $28 | $28 |
| ▁▁▁▃▄█▇█ | Gross Loans ($M) | $174 | $175 | $176 | $181 | $185 | $198 | $194 | $199 |
| ▁▁▄██▅▆▆ | Total Deposits ($M) | $260 | $257 | $270 | $288 | $289 | $276 | $281 | $280 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 12% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 14% |