Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.72% | -0.33 | 1.05% |
| Return on Equity (%) | ▼ | 8.34% | -4.28 | 12.62% |
| Net Interest Margin (%) | ▼ | 4.01% | -0.20 | 4.21% |
| Efficiency Ratio (%) | ▼ | 71.68% | +5.68 | 66.00% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.64% | -0.06 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $318 | +32.65 | $285 |
| Gross Loans ($M) | ▲ | $235 | +19.58 | $215 |
| Loan Growth YoY (%) | ▼ | 83.86% | -1.96 | 85.82% |
| Total Deposits ($M) | ▲ | $277 | +28.94 | $248 |
| Shareholders Equity ($M) | ▲ | $27 | +3.05 | $24 |
| Tang. Book Value ($M) | ▲ | $27 | +3.05 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.97 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 83.86% | -1.96 | 85.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.99% | -0.18 | 1.16% |
| Allowance / Loans (%) | — | 1.16% | -0.03% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 1.34% | -0.20 | 1.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.31% | -0.46 | 12.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▅▇██▁▃ | Net Interest Margin (%) | 4.02% | 4.04% | 4.09% | 4.21% | 4.28% | 4.26% | 3.86% | 4.01% |
| ▅▅█▇█▇▁▁ | Return on Assets (%) | 0.94% | 0.96% | 1.11% | 1.05% | 1.14% | 1.08% | 0.66% | 0.72% |
| ▁▁▂▁▂▃█▇ | Efficiency Ratio (%) | 65.6% | 65.2% | 66.9% | 66.0% | 66.8% | 67.3% | 73.2% | 71.7% |
| ▇█▃▃▂▃▂▁ | Cost of Funds (%) | 1.81% | 1.86% | 1.71% | 1.70% | 1.68% | 1.70% | 1.69% | 1.64% |
| ▁█▅▇▅▅▃▄ | NPA / Assets (%) | 0.70% | 1.29% | 1.06% | 1.16% | 1.04% | 1.05% | 0.85% | 0.99% |
| ▁█▅▆▅▅▃▄ | Net Charge-Off Ratio (%) | 1.00% | 1.73% | 1.45% | 1.54% | 1.42% | 1.41% | 1.18% | 1.34% |
| ▂▁▂▂▄▇▆█ | Tang. Book Value ($M) | $24 | $24 | $24 | $24 | $26 | $27 | $26 | $27 |
| ▁▁▃▂▃▅▅█ | Gross Loans ($M) | $212 | $215 | $218 | $215 | $220 | $225 | $224 | $235 |
| ▅▁▃▁▄▃▇█ | Total Deposits ($M) | $264 | $250 | $258 | $248 | $262 | $259 | $272 | $277 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 10% |