Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.35% | -0.06 | 0.41% |
| Return on Equity (%) | ▼ | 1.73% | -0.27 | 2.00% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.03 | 3.49% |
| Efficiency Ratio (%) | ▼ | 87.84% | +2.14 | 85.70% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.60% | -0.33 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $187 | +3.93 | $183 |
| Gross Loans ($M) | ▼ | $142 | -3.58 | $146 |
| Loan Growth YoY (%) | ▼ | 96.33% | -9.20 | 105.54% |
| Total Deposits ($M) | ▲ | $146 | +9.33 | $137 |
| Shareholders Equity ($M) | ▲ | $38 | +0.72 | $37 |
| Tang. Book Value ($M) | ▲ | $38 | +0.77 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 96.33% | -9.20 | 105.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.66% | +1.49 | 0.16% |
| Allowance / Loans (%) | — | 1.26% | 0.04% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 2.17% | +1.97 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█▇▆▅█ | Net Interest Margin (%) | 3.20% | 3.26% | 3.46% | 3.49% | 3.47% | 3.43% | 3.38% | 3.52% |
| ▁▂███▅▂▅ | Return on Assets (%) | 0.23% | 0.27% | 0.43% | 0.41% | 0.42% | 0.35% | 0.27% | 0.35% |
| █▇▁▂▁▄▇▄ | Efficiency Ratio (%) | 91.5% | 90.7% | 84.6% | 85.7% | 85.3% | 87.6% | 90.2% | 87.8% |
| ▅▅▅▆█▇▂▁ | Cost of Funds (%) | 1.86% | 1.87% | 1.84% | 1.93% | 2.07% | 1.96% | 1.69% | 1.60% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.18% | 0.10% | 0.09% | 0.16% | 0.16% | 0.15% | 1.50% | 1.66% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.21% | 0.11% | 0.11% | 0.21% | 0.21% | 0.20% | 2.03% | 2.17% |
| ▁▁▂▄▆▇▇█ | Tang. Book Value ($M) | $36 | $36 | $37 | $37 | $37 | $37 | $37 | $38 |
| ▇▇█▅▁▃▁▃ | Gross Loans ($M) | $151 | $151 | $153 | $146 | $140 | $143 | $139 | $142 |
| ▁▂▃▄▅███ | Total Deposits ($M) | $128 | $131 | $135 | $137 | $138 | $146 | $147 | $146 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |