Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.86% | -0.38 | 2.24% |
| Return on Equity (%) | ▼ | 5.08% | -1.20 | 6.28% |
| Net Interest Margin (%) | ▼ | 5.13% | -0.13 | 5.26% |
| Efficiency Ratio (%) | ▼ | 45.69% | +2.24 | 43.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.11% | -0.08 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $188 | +7.04 | $181 |
| Gross Loans ($M) | ▼ | $150 | -1.86 | $152 |
| Loan Growth YoY (%) | ▼ | 132.60% | -6.16 | 138.76% |
| Total Deposits ($M) | ▲ | $112 | +3.67 | $109 |
| Shareholders Equity ($M) | ▲ | $69 | +3.06 | $66 |
| Tang. Book Value ($M) | ▲ | $69 | +3.06 | $66 |
| Loan / Deposit Ratio (%) | ▼ | 132.60% | -6.16 | 138.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.19 | 0.19% |
| Allowance / Loans (%) | — | 1.04% | -0.02% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.23 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▂██▇▅▅ | Net Interest Margin (%) | 5.01% | 4.97% | 5.03% | 5.26% | 5.23% | 5.22% | 5.13% | 5.13% |
| ▂▁▇██▄▇▄ | Return on Assets (%) | 1.69% | 1.53% | 2.12% | 2.24% | 2.18% | 1.86% | 2.08% | 1.86% |
| ▃▇▃▁▂█▇▃ | Efficiency Ratio (%) | 46.0% | 50.8% | 45.6% | 43.4% | 44.6% | 52.0% | 50.2% | 45.7% |
| ▇█▅▄▄▄▁▁ | Cost of Funds (%) | 1.28% | 1.33% | 1.21% | 1.19% | 1.19% | 1.21% | 1.09% | 1.11% |
| ▁█▄▄▄▄▄▁ | NPA / Assets (%) | 0.00% | 0.41% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% | 0.00% |
| ▁█▄▄▄▄▄▁ | Net Charge-Off Ratio (%) | 0.00% | 0.48% | 0.22% | 0.23% | 0.23% | 0.23% | 0.23% | 0.00% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $63 | $64 | $64 | $66 | $66 | $67 | $68 | $69 |
| ▁▅█▄▆▅▄▃ | Gross Loans ($M) | $146 | $153 | $159 | $152 | $155 | $154 | $151 | $150 |
| ▁▅▇▃▁▂▇█ | Total Deposits ($M) | $107 | $110 | $112 | $109 | $107 | $108 | $111 | $112 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 25% |