Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.16% | -0.03 | 0.20% |
| Return on Equity (%) | ▼ | 1.17% | -0.22 | 1.39% |
| Net Interest Margin (%) | ▼ | 2.32% | -0.28 | 2.60% |
| Efficiency Ratio (%) | ▼ | 92.74% | +2.63 | 90.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.22 | $0 |
| Cost of Funds (%) | ▼ | 2.13% | +0.02 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $492 | +44.24 | $448 |
| Gross Loans ($M) | ▲ | $372 | +0.44 | $371 |
| Loan Growth YoY (%) | ▼ | 99.14% | -8.68 | 107.82% |
| Total Deposits ($M) | ▲ | $373 | +30.48 | $342 |
| Shareholders Equity ($M) | ▲ | $66 | +1.94 | $64 |
| Tang. Book Value ($M) | ▲ | $66 | +1.94 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +4.88 | $66 |
| Loan / Deposit Ratio (%) | ▼ | 99.14% | -8.68 | 107.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.37% | -0.00 | 0.38% |
| Allowance / Loans (%) | — | 0.58% | -0.02% | 0.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.01 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▅▄▄▃▃ | Net Interest Margin (%) | 1.98% | 1.98% | 3.01% | 2.60% | 2.49% | 2.43% | 2.32% | 2.32% |
| ▁▁█▆▄▄▃▅ | Return on Assets (%) | -0.06% | -0.08% | 0.35% | 0.20% | 0.13% | 0.12% | 0.07% | 0.16% |
| ██▁▃▄▄▄▄ | Efficiency Ratio (%) | 105.0% | 106.3% | 84.5% | 90.1% | 93.3% | 94.1% | 95.3% | 92.7% |
| ▇█▆▅▅▄▁▆ | Cost of Funds (%) | 2.14% | 2.21% | 2.13% | 2.11% | 2.09% | 2.07% | 1.94% | 2.13% |
| ██▁▁▂▂▁▁ | NPA / Assets (%) | 0.92% | 0.90% | 0.42% | 0.38% | 0.50% | 0.49% | 0.43% | 0.37% |
| ██▁▁▂▂▁▁ | Net Charge-Off Ratio (%) | 1.09% | 1.08% | 0.51% | 0.45% | 0.60% | 0.54% | 0.48% | 0.44% |
| ▃▁▃▄▅▆▄█ | Tang. Book Value ($M) | $64 | $63 | $64 | $64 | $65 | $65 | $64 | $66 |
| █▇▅▃▃▁▂▃ | Gross Loans ($M) | $383 | $380 | $376 | $371 | $372 | $367 | $370 | $372 |
| ▁▃▂▂▁▁▆█ | Total Deposits ($M) | $341 | $346 | $343 | $342 | $336 | $339 | $361 | $373 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 17% |