Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.33% | +0.80 | 1.53% |
| Return on Equity (%) | ▲ | 12.39% | +3.87 | 8.52% |
| Net Interest Margin (%) | ▲ | 5.08% | +1.22 | 3.86% |
| Efficiency Ratio (%) | ▲ | 39.38% | -11.17 | 50.55% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.31 | $2 |
| Cost of Funds (%) | ▲ | 2.04% | -0.34 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $369 | +0.31 | $369 |
| Gross Loans ($M) | ▼ | $311 | -5.00 | $316 |
| Loan Growth YoY (%) | ▼ | 115.95% | -1.84 | 117.79% |
| Total Deposits ($M) | ▼ | $260 | -3.54 | $264 |
| Shareholders Equity ($M) | ▲ | $71 | +5.31 | $66 |
| Tang. Book Value ($M) | ▲ | $71 | +5.31 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +5.30 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 115.95% | -1.84 | 117.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -2.46 | 3.23% |
| Allowance / Loans (%) | — | 2.86% | 1.30% | 1.57% |
| Net Charge-Off Ratio (%) | ▲ | 0.91% | -2.86 | 3.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -21.15 | 21.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▂█▆ | Net Interest Margin (%) | 3.60% | 3.68% | 3.79% | 3.86% | 3.94% | 4.04% | 5.82% | 5.08% |
| ▁▁▁▁▂▁█▆ | Return on Assets (%) | 1.37% | 1.39% | 1.55% | 1.53% | 1.61% | 1.40% | 2.90% | 2.33% |
| ██▇▇▇▇▁▃ | Efficiency Ratio (%) | 52.5% | 53.1% | 49.9% | 50.6% | 48.7% | 49.4% | 32.5% | 39.4% |
| ██▅▅▅▃▁▁ | Cost of Funds (%) | 2.67% | 2.61% | 2.36% | 2.38% | 2.37% | 2.22% | 2.11% | 2.04% |
| ▁▁▁██▅▅▂ | NPA / Assets (%) | 0.06% | 0.00% | 0.00% | 3.23% | 3.35% | 1.88% | 1.75% | 0.76% |
| ▁▁▁██▅▅▂ | Net Charge-Off Ratio (%) | 0.07% | 0.00% | 0.00% | 3.77% | 3.92% | 2.18% | 2.12% | 0.91% |
| ▂▁▂▃▅▅▇█ | Tang. Book Value ($M) | $65 | $63 | $65 | $66 | $67 | $68 | $70 | $71 |
| ▁▁▄▇▆█▆▆ | Gross Loans ($M) | $294 | $291 | $305 | $316 | $311 | $319 | $309 | $311 |
| ▃▁█▇▃▆█▅ | Total Deposits ($M) | $256 | $252 | $265 | $264 | $257 | $261 | $266 | $260 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 27% |