Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.37% | +0.20 | 0.17% |
| Return on Equity (%) | ▲ | 3.28% | +1.77 | 1.51% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.14 | 4.16% |
| Efficiency Ratio (%) | ▲ | 87.70% | -0.58 | 88.27% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 2.46% | -0.57 | 3.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $258 | +30.35 | $227 |
| Gross Loans ($M) | ▲ | $201 | +13.83 | $187 |
| Loan Growth YoY (%) | ▼ | 87.12% | -5.70 | 92.82% |
| Total Deposits ($M) | ▲ | $229 | +29.00 | $200 |
| Shareholders Equity ($M) | ▲ | $27 | +1.02 | $26 |
| Tang. Book Value ($M) | ▲ | $27 | +1.02 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 87.12% | -5.70 | 92.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.29% | -0.34 | 0.63% |
| Allowance / Loans (%) | — | 1.04% | -0.11% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -0.35 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▆▆██ | Net Interest Margin (%) | 3.88% | 3.87% | 3.99% | 4.16% | 4.16% | 4.18% | 4.28% | 4.30% |
| ▂▄▁▄▆▇▅█ | Return on Assets (%) | 0.09% | 0.16% | 0.02% | 0.17% | 0.27% | 0.29% | 0.24% | 0.37% |
| ██▄▂▁▁▆▁ | Efficiency Ratio (%) | 95.6% | 95.0% | 90.3% | 88.3% | 86.8% | 87.4% | 92.8% | 87.7% |
| ██▇█▇█▂▁ | Cost of Funds (%) | 3.05% | 3.01% | 2.96% | 3.03% | 2.92% | 3.05% | 2.58% | 2.46% |
| ▁█▅█▁▃▂▂ | NPA / Assets (%) | 0.21% | 0.64% | 0.43% | 0.63% | 0.21% | 0.35% | 0.26% | 0.29% |
| ▁█▄▇▁▃▁▂ | Net Charge-Off Ratio (%) | 0.27% | 0.85% | 0.53% | 0.72% | 0.22% | 0.40% | 0.27% | 0.37% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $26 | $26 | $26 | $26 | $27 | $27 | $27 | $27 |
| ▁▂▅▅▇▃▄█ | Gross Loans ($M) | $166 | $171 | $187 | $187 | $193 | $177 | $182 | $201 |
| ▁▃▃▃▆▃▃█ | Total Deposits ($M) | $189 | $199 | $200 | $200 | $218 | $199 | $201 | $229 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 21% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 29% |