Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.24% | -0.31 | 1.55% |
| Return on Equity (%) | ▼ | 8.18% | -2.11 | 10.29% |
| Net Interest Margin (%) | ▲ | 5.04% | +0.45 | 4.59% |
| Efficiency Ratio (%) | ▲ | 66.29% | -6.62 | 72.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.39 | $1 |
| Cost of Funds (%) | ▼ | 1.74% | +0.04 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $204 | +13.10 | $191 |
| Gross Loans ($M) | ▲ | $171 | +11.37 | $160 |
| Loan Growth YoY (%) | ▼ | 104.02% | -0.77 | 104.80% |
| Total Deposits ($M) | ▲ | $162 | +12.06 | $150 |
| Shareholders Equity ($M) | ▲ | $32 | +2.37 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +2.37 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 104.02% | -0.77 | 104.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.73% | +0.11 | 1.61% |
| Allowance / Loans (%) | — | 1.23% | -0.09% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 2.06% | +0.13 | 1.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.14% | +0.61 | 21.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▄▃█ | Net Interest Margin (%) | 4.28% | 4.30% | 4.46% | 4.59% | 4.66% | 4.65% | 4.55% | 5.04% |
| ▁▁█▅▅▄▁▃ | Return on Assets (%) | 0.81% | 0.82% | 2.03% | 1.55% | 1.46% | 1.31% | 0.87% | 1.24% |
| ▇██▅▃▅▅▁ | Efficiency Ratio (%) | 74.9% | 77.7% | 77.0% | 72.9% | 69.9% | 72.6% | 73.0% | 66.3% |
| █▇▃▁▁▂▁▂ | Cost of Funds (%) | 1.96% | 1.90% | 1.79% | 1.70% | 1.71% | 1.76% | 1.73% | 1.74% |
| ▁▁█▆▇▇▆▇ | NPA / Assets (%) | 0.12% | 0.17% | 2.12% | 1.61% | 1.72% | 1.67% | 1.61% | 1.73% |
| ▁▁█▇▇▇▆▇ | Net Charge-Off Ratio (%) | 0.09% | 0.21% | 2.54% | 1.93% | 2.05% | 2.00% | 1.91% | 2.06% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $27 | $28 | $29 | $29 | $30 | $30 | $31 | $32 |
| ▁▂▂▂▇▇█▇ | Gross Loans ($M) | $156 | $159 | $160 | $160 | $170 | $171 | $173 | $171 |
| ▁▂▂▂▃▆▆█ | Total Deposits ($M) | $147 | $150 | $149 | $150 | $152 | $157 | $158 | $162 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 16% |