Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.18% | -0.07 | 0.25% |
| Return on Equity (%) | ▼ | 2.70% | -1.43 | 4.13% |
| Net Interest Margin (%) | ▲ | 3.03% | +0.29 | 2.73% |
| Efficiency Ratio (%) | ▼ | 92.95% | +3.67 | 89.27% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 2.31% | -0.06 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $103 | +0.52 | $103 |
| Gross Loans ($M) | ▲ | $86 | +3.08 | $82 |
| Loan Growth YoY (%) | ▲ | 111.57% | +4.79 | 106.78% |
| Total Deposits ($M) | ▼ | $76 | -0.53 | $76 |
| Shareholders Equity ($M) | ▲ | $7 | +0.58 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +0.62 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 111.57% | +4.79 | 106.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.08 | 0.10% |
| Allowance / Loans (%) | — | 0.95% | -0.02% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.10 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.84% | -0.15 | 11.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▃▃▅▆▇█ | Net Interest Margin (%) | 2.65% | 2.59% | 2.71% | 2.73% | 2.82% | 2.87% | 2.93% | 3.03% |
| ▂▁▅▆██▆▄ | Return on Assets (%) | 0.09% | 0.03% | 0.22% | 0.25% | 0.33% | 0.35% | 0.25% | 0.18% |
| ▇█▃▃▁▁▃▄ | Efficiency Ratio (%) | 98.0% | 101.1% | 90.4% | 89.3% | 86.2% | 85.2% | 89.5% | 92.9% |
| ▆█▆▄▄▃▁▃ | Cost of Funds (%) | 2.47% | 2.55% | 2.46% | 2.37% | 2.37% | 2.31% | 2.23% | 2.31% |
| █▅▁▃▃▁▁▁ | NPA / Assets (%) | 0.27% | 0.13% | 0.00% | 0.10% | 0.10% | 0.00% | 0.02% | 0.02% |
| ██▁▆▆▁▂▂ | Net Charge-Off Ratio (%) | 0.17% | 0.16% | 0.00% | 0.12% | 0.12% | 0.00% | 0.03% | 0.02% |
| ▅▁▃▄▆███ | Tang. Book Value ($M) | $6 | $6 | $6 | $6 | $6 | $7 | $7 | $7 |
| ▁▄▂▃▄▅▆█ | Gross Loans ($M) | $81 | $83 | $82 | $82 | $83 | $84 | $84 | $86 |
| ▅▅▁█▄▇▃▇ | Total Deposits ($M) | $75 | $75 | $72 | $76 | $74 | $76 | $74 | $76 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 33% |