Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | -0.09% | +0.30 | -0.39% |
| Return on Equity (%) | ▲ | -1.11% | +4.00 | -5.11% |
| Net Interest Margin (%) | ▲ | 2.56% | +0.23 | 2.33% |
| Efficiency Ratio (%) | ▲ | 102.62% | -12.19 | 114.81% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.50 | $-0 |
| Cost of Funds (%) | ▲ | 1.90% | -0.28 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $576 | -28.80 | $605 |
| Gross Loans ($M) | ▼ | $422 | -17.90 | $440 |
| Loan Growth YoY (%) | ▼ | 88.62% | -0.42 | 89.04% |
| Total Deposits ($M) | ▼ | $472 | -17.78 | $490 |
| Shareholders Equity ($M) | ▲ | $47 | +2.78 | $45 |
| Tang. Book Value ($M) | ▲ | $47 | +2.84 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +2.31 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 88.62% | -0.42 | 89.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 0.81% | 0.01% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.90% | +0.71 | 14.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 2.10% | 2.11% | 2.26% | 2.33% | 2.34% | 2.39% | 2.48% | 2.56% |
| █▅▁▁▄▄▁▅ | Return on Assets (%) | 0.21% | -0.08% | -0.41% | -0.39% | -0.17% | -0.14% | -0.34% | -0.09% |
| ▁▃██▆▆▅▃ | Efficiency Ratio (%) | 94.0% | 100.1% | 117.6% | 114.8% | 111.3% | 109.4% | 106.0% | 102.6% |
| ██▅▅▆▅▂▁ | Cost of Funds (%) | 2.37% | 2.43% | 2.20% | 2.18% | 2.26% | 2.20% | 2.01% | 1.90% |
| ▁▁▁▁▄██▃ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.08% | 0.07% | 0.02% |
| ▁▁▁▁▄█▇▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.11% | 0.10% | 0.03% |
| █▁▁▁▅▆▄▆ | Tang. Book Value ($M) | $48 | $44 | $44 | $44 | $47 | $47 | $46 | $47 |
| ▅▆█▆▅▁▁▁ | Gross Loans ($M) | $437 | $438 | $448 | $440 | $434 | $420 | $418 | $422 |
| ▁▂▂▆█▆▃▂ | Total Deposits ($M) | $468 | $472 | $473 | $490 | $499 | $489 | $478 | $472 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |