Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.61% | +0.39 | 0.23% |
| Return on Equity (%) | ▲ | 4.21% | +2.46 | 1.75% |
| Net Interest Margin (%) | ▲ | 3.00% | +0.62 | 2.38% |
| Efficiency Ratio (%) | ▲ | 67.01% | -18.95 | 85.96% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.19 | $0 |
| Cost of Funds (%) | ▲ | 1.81% | -0.18 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $135 | +29.07 | $106 |
| Gross Loans ($M) | ▲ | $89 | +14.86 | $74 |
| Loan Growth YoY (%) | ▼ | 77.94% | -6.51 | 84.45% |
| Total Deposits ($M) | ▲ | $113 | +26.19 | $87 |
| Shareholders Equity ($M) | ▲ | $20 | +6.03 | $14 |
| Tang. Book Value ($M) | ▲ | $20 | +5.75 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 77.94% | -6.51 | 84.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.43% | +0.21 | 0.22% |
| Allowance / Loans (%) | — | 0.60% | 0.05% | 0.55% |
| Net Charge-Off Ratio (%) | ▼ | 0.65% | +0.34 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 31.06% | -1.01 | 32.06% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 2.15% | 2.18% | 2.24% | 2.38% | 2.43% | 2.60% | 3.08% | 3.00% |
| ▁▁▁▁█▆▇▇ | Return on Assets (%) | 0.20% | 0.23% | 0.17% | 0.23% | 0.75% | 0.60% | 0.61% | 0.61% |
| ████▂▃▁▂ | Efficiency Ratio (%) | 88.6% | 86.4% | 89.1% | 86.0% | 68.1% | 70.1% | 63.7% | 67.0% |
| ▆█▇▅▁▅▂▂ | Cost of Funds (%) | 2.01% | 2.14% | 2.06% | 1.99% | 1.76% | 1.96% | 1.84% | 1.81% |
| ▁▁▁▁▁▃▂█ | NPA / Assets (%) | 0.23% | 0.23% | 0.22% | 0.22% | 0.23% | 0.29% | 0.26% | 0.43% |
| ▁▁▁▁▁▃▂█ | Net Charge-Off Ratio (%) | 0.34% | 0.33% | 0.33% | 0.31% | 0.34% | 0.43% | 0.40% | 0.65% |
| ▁▁▁▁████ | Tang. Book Value ($M) | $14 | $13 | $14 | $14 | $19 | $19 | $19 | $20 |
| ▁▁▁▂████ | Gross Loans ($M) | $71 | $71 | $71 | $74 | $89 | $89 | $90 | $89 |
| ▁▁▁▂▇▇██ | Total Deposits ($M) | $84 | $83 | $86 | $87 | $108 | $108 | $113 | $113 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 8% |