Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.45% | -0.72 | 1.17% |
| Return on Equity (%) | ▼ | 2.63% | -8.87 | 11.50% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.08 | 4.12% |
| Efficiency Ratio (%) | ▼ | 87.93% | +12.72 | 75.21% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.33 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.80 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $250 | +63.50 | $187 |
| Gross Loans ($M) | ▲ | $145 | +22.11 | $123 |
| Loan Growth YoY (%) | ▲ | 87.19% | +7.91 | 79.28% |
| Total Deposits ($M) | ▲ | $164 | +11.42 | $153 |
| Shareholders Equity ($M) | ▲ | $69 | +48.27 | $21 |
| Tang. Book Value ($M) | ▲ | $69 | +48.27 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +50.15 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 87.19% | +7.91 | 79.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.92% | +0.59 | 0.33% |
| Allowance / Loans (%) | — | 1.28% | -0.18% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 1.16% | +1.16 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 47.17% | +29.78 | 17.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▇▆█▆▆█ | Net Interest Margin (%) | 3.95% | 3.87% | 4.13% | 4.12% | 4.19% | 4.09% | 4.12% | 4.20% |
| ▆▆▇▇█▇▃▁ | Return on Assets (%) | 1.05% | 0.99% | 1.14% | 1.17% | 1.28% | 1.16% | 0.67% | 0.45% |
| ▁▁▂▁▁▂▇█ | Efficiency Ratio (%) | 74.6% | 74.5% | 75.5% | 75.2% | 73.4% | 75.4% | 85.0% | 87.9% |
| ██▇▆▆▅▄▁ | Cost of Funds (%) | 2.72% | 2.58% | 2.48% | 2.28% | 2.26% | 2.20% | 1.95% | 1.48% |
| ▃▃▃▁▂█▇▅ | NPA / Assets (%) | 0.64% | 0.65% | 0.63% | 0.33% | 0.51% | 1.41% | 1.16% | 0.92% |
| ▃▃▃▁▂█▇▆ | Net Charge-Off Ratio (%) | 0.54% | 0.56% | 0.53% | 0.00% | 0.28% | 1.79% | 1.39% | 1.16% |
| ▁▁▁▁▁▁▁█ | Tang. Book Value ($M) | $20 | $20 | $20 | $21 | $21 | $22 | $21 | $69 |
| ▆▆▁▁▃▂▁█ | Gross Loans ($M) | $136 | $137 | $120 | $123 | $128 | $125 | $122 | $145 |
| ██▇▁▂▆▄▄ | Total Deposits ($M) | $182 | $182 | $175 | $153 | $159 | $171 | $165 | $164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 59% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 7% |