Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.27 | 0.40% |
| Return on Equity (%) | ▲ | 6.56% | +2.26 | 4.30% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.33 | 3.12% |
| Efficiency Ratio (%) | ▲ | 75.31% | -12.54 | 87.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.38 | $0 |
| Cost of Funds (%) | ▲ | 1.72% | -0.15 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $288 | +1.05 | $287 |
| Gross Loans ($M) | ▼ | $130 | -4.67 | $134 |
| Loan Growth YoY (%) | ▼ | 56.87% | -2.26 | 59.13% |
| Total Deposits ($M) | ▲ | $226 | +0.45 | $226 |
| Shareholders Equity ($M) | ▲ | $30 | +2.32 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +2.43 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +2.84 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 56.87% | -2.26 | 59.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.80% | +0.13 | 0.67% |
| Allowance / Loans (%) | — | 0.63% | 0.15% | 0.48% |
| Net Charge-Off Ratio (%) | ▼ | 1.77% | +0.41 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.71% | +1.81 | 22.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▅▅██ | Net Interest Margin (%) | 2.74% | 2.75% | 3.10% | 3.12% | 3.14% | 3.16% | 3.39% | 3.45% |
| ▁▂▆▅▆▅██ | Return on Assets (%) | 0.12% | 0.21% | 0.51% | 0.40% | 0.46% | 0.44% | 0.64% | 0.67% |
| ███▆▄▄▂▁ | Efficiency Ratio (%) | 91.8% | 92.7% | 91.9% | 87.8% | 83.0% | 82.1% | 78.4% | 75.3% |
| █▆▃▆▇▄▁▁ | Cost of Funds (%) | 1.96% | 1.89% | 1.79% | 1.88% | 1.90% | 1.80% | 1.70% | 1.72% |
| ▃▂▁▆█▇▇█ | NPA / Assets (%) | 0.39% | 0.37% | 0.22% | 0.67% | 0.86% | 0.78% | 0.76% | 0.80% |
| ▃▃▁▆████ | Net Charge-Off Ratio (%) | 0.84% | 0.78% | 0.35% | 1.36% | 1.75% | 1.62% | 1.68% | 1.77% |
| ▁▃▅▆▇███ | Tang. Book Value ($M) | $21 | $23 | $25 | $26 | $27 | $28 | $28 | $28 |
| ▁█▇█▇▇▄▅ | Gross Loans ($M) | $122 | $134 | $132 | $134 | $132 | $132 | $127 | $130 |
| ▁██▇▆▆█▇ | Total Deposits ($M) | $207 | $232 | $231 | $226 | $224 | $225 | $231 | $226 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 6% |
| Consumer | 8% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 14% |