Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.09 | 0.62% |
| Return on Equity (%) | ▲ | 7.08% | +0.05 | 7.03% |
| Net Interest Margin (%) | ▼ | 4.46% | -0.19 | 4.65% |
| Efficiency Ratio (%) | ▲ | 76.30% | -4.24 | 80.54% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.00 | $1 |
| Cost of Funds (%) | ▲ | 1.51% | -0.09 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $230 | +25.59 | $204 |
| Gross Loans ($M) | ▲ | $168 | +13.30 | $155 |
| Loan Growth YoY (%) | ▼ | 81.43% | -1.61 | 83.04% |
| Total Deposits ($M) | ▲ | $204 | +19.48 | $184 |
| Shareholders Equity ($M) | ▲ | $25 | +5.98 | $19 |
| Tang. Book Value ($M) | ▲ | $25 | +5.98 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +6.24 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 81.43% | -1.61 | 83.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.93% | +0.20 | 1.73% |
| Allowance / Loans (%) | — | 1.09% | 0.17% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 1.91% | +0.00 | 1.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▇█▆▃▅ | Net Interest Margin (%) | 4.09% | 4.07% | 4.39% | 4.65% | 4.74% | 4.51% | 4.28% | 4.46% |
| ▁▁▃▆▇▆██ | Return on Assets (%) | 0.28% | 0.33% | 0.44% | 0.62% | 0.66% | 0.61% | 0.75% | 0.72% |
| ███▅▄▄▁▂ | Efficiency Ratio (%) | 86.2% | 85.5% | 85.1% | 80.5% | 79.5% | 79.7% | 74.4% | 76.3% |
| █▆▅▄▄▁█▃ | Cost of Funds (%) | 2.00% | 1.77% | 1.68% | 1.61% | 1.59% | 1.27% | 1.91% | 1.51% |
| █▄▅▃▃▁▃▄ | NPA / Assets (%) | 2.53% | 1.90% | 2.07% | 1.73% | 1.68% | 1.37% | 1.67% | 1.93% |
| █▄▇▃▃▁▁▃ | Net Charge-Off Ratio (%) | 2.74% | 2.11% | 2.54% | 1.90% | 1.96% | 1.51% | 1.66% | 1.91% |
| ▁▁▁▂▂███ | Tang. Book Value ($M) | $18 | $18 | $19 | $19 | $19 | $25 | $25 | $25 |
| ▁▂▂▄▅▇██ | Gross Loans ($M) | $145 | $149 | $149 | $155 | $158 | $164 | $166 | $168 |
| ▁▃▁▁▂█▄▃ | Total Deposits ($M) | $179 | $197 | $185 | $184 | $191 | $246 | $208 | $204 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 19% |