Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.36% | +0.10 | 0.25% |
| Return on Equity (%) | ▲ | 2.01% | +0.61 | 1.40% |
| Net Interest Margin (%) | — | 3.00% | 0.00 | 3.00% |
| Efficiency Ratio (%) | ▲ | 83.38% | -12.69 | 96.08% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.22 | $0 |
| Cost of Funds (%) | ▲ | 2.14% | -0.16 | 2.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $388 | +27.06 | $361 |
| Gross Loans ($M) | ▼ | $262 | -18.86 | $280 |
| Loan Growth YoY (%) | ▼ | 94.06% | -10.17 | 104.23% |
| Total Deposits ($M) | ▲ | $275 | +9.00 | $266 |
| Shareholders Equity ($M) | ▲ | $67 | +0.94 | $66 |
| Tang. Book Value ($M) | ▲ | $67 | +0.94 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +3.62 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 94.06% | -10.17 | 104.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.52% | -0.27 | 2.79% |
| Allowance / Loans (%) | — | 1.08% | -0.02% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 3.74% | +0.14 | 3.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▇█▅▅ | Net Interest Margin (%) | 2.78% | 2.79% | 2.90% | 3.00% | 3.06% | 3.13% | 2.98% | 3.00% |
| █▇▁▅▆▇▇▇ | Return on Assets (%) | 0.45% | 0.35% | 0.02% | 0.25% | 0.33% | 0.39% | 0.38% | 0.36% |
| ▂▄█▆▅▄▁▁ | Efficiency Ratio (%) | 86.7% | 89.6% | 100.8% | 96.1% | 94.0% | 90.2% | 82.5% | 83.4% |
| █▅▂▂▂▂▁▁ | Cost of Funds (%) | 2.84% | 2.52% | 2.29% | 2.30% | 2.29% | 2.27% | 2.15% | 2.14% |
| ▂▁▂█████ | NPA / Assets (%) | 0.40% | 0.00% | 0.53% | 2.79% | 2.75% | 2.56% | 2.54% | 2.52% |
| ▂▁▂█████ | Net Charge-Off Ratio (%) | 0.53% | 0.00% | 0.73% | 3.60% | 3.56% | 3.57% | 3.69% | 3.74% |
| ▅▁▂▃▆█▇▇ | Tang. Book Value ($M) | $66 | $65 | $66 | $66 | $67 | $67 | $67 | $67 |
| ▆▆▅██▄▁▂ | Gross Loans ($M) | $274 | $273 | $269 | $280 | $279 | $266 | $257 | $262 |
| ▁▁▃▆▆███ | Total Deposits ($M) | $245 | $242 | $252 | $266 | $266 | $275 | $279 | $275 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 36% |