Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.10 | 0.62% |
| Return on Equity (%) | ▲ | 8.58% | +1.37 | 7.21% |
| Net Interest Margin (%) | ▲ | 3.63% | +0.08 | 3.55% |
| Efficiency Ratio (%) | ▲ | 73.20% | -7.44 | 80.63% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $0 |
| Cost of Funds (%) | ▼ | 1.89% | +0.11 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $189 | +18.99 | $170 |
| Gross Loans ($M) | ▲ | $158 | +14.62 | $143 |
| Loan Growth YoY (%) | ▼ | 90.54% | -2.44 | 92.98% |
| Total Deposits ($M) | ▲ | $173 | +20.08 | $152 |
| Shareholders Equity ($M) | ▲ | $16 | +1.33 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.33 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 90.54% | -2.44 | 92.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.33 | 0.39% |
| Allowance / Loans (%) | — | 0.82% | 0.03% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.87% | +0.40 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▁▃▅▇▁█ | Net Interest Margin (%) | 3.51% | 3.56% | 3.51% | 3.55% | 3.57% | 3.61% | 3.51% | 3.63% |
| ▁▁█▇▆▆██ | Return on Assets (%) | 0.20% | 0.18% | 0.67% | 0.62% | 0.56% | 0.54% | 0.71% | 0.72% |
| ██▃▄▂▃▁▁ | Efficiency Ratio (%) | 92.3% | 92.8% | 78.4% | 80.6% | 77.1% | 78.2% | 74.9% | 73.2% |
| ▁▃▄▆▆█▇█ | Cost of Funds (%) | 1.58% | 1.68% | 1.72% | 1.78% | 1.79% | 1.90% | 1.85% | 1.89% |
| ▃▃▄▁▁█▆▆ | NPA / Assets (%) | 0.55% | 0.55% | 0.59% | 0.39% | 0.45% | 0.89% | 0.71% | 0.73% |
| ▃▃▃▁▁█▆▇ | Net Charge-Off Ratio (%) | 0.65% | 0.63% | 0.66% | 0.47% | 0.53% | 0.99% | 0.84% | 0.87% |
| ▂▁▂▃▅▆▇█ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $15 | $15 | $15 | $16 |
| ▁▂▂▃▇███ | Gross Loans ($M) | $135 | $138 | $139 | $143 | $152 | $157 | $157 | $158 |
| ▂▁▃▄▅▆▇█ | Total Deposits ($M) | $141 | $137 | $149 | $152 | $159 | $162 | $167 | $173 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 20% |