Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.11% | -1.38 | 1.27% |
| Return on Equity (%) | ▼ | -1.13% | -16.57 | 15.44% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.02 | 4.11% |
| Efficiency Ratio (%) | ▼ | 67.76% | +5.92 | 61.84% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.17 | $0 |
| Cost of Funds (%) | ▼ | 1.93% | +0.33 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $121 | +3.07 | $118 |
| Gross Loans ($M) | ▲ | $104 | +7.92 | $97 |
| Loan Growth YoY (%) | ▼ | 95.78% | -1.60 | 97.37% |
| Total Deposits ($M) | ▲ | $108 | +9.74 | $98 |
| Shareholders Equity ($M) | ▲ | $13 | +3.30 | $10 |
| Tang. Book Value ($M) | ▲ | $13 | +3.30 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 95.78% | -1.60 | 97.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.97% | +1.97 | 0.00% |
| Allowance / Loans (%) | — | 1.28% | 0.06% | 1.21% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.25 | 10.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▇█████ | Net Interest Margin (%) | 3.51% | 3.68% | 4.06% | 4.11% | 4.16% | 4.13% | 4.14% | 4.13% |
| ▇█████▁▅ | Return on Assets (%) | 0.93% | 1.09% | 1.25% | 1.27% | 1.30% | 1.37% | -1.89% | -0.11% |
| █▅▃▂▂▁▁▇ | Efficiency Ratio (%) | 69.2% | 65.4% | 63.3% | 61.8% | 62.1% | 59.8% | 60.6% | 67.8% |
| ▅▂▁▃█▅▃█ | Cost of Funds (%) | 1.70% | 1.55% | 1.43% | 1.60% | 1.95% | 1.70% | 1.62% | 1.93% |
| ▁▁▁▁▂██▆ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.60% | 2.88% | 2.79% | 1.97% |
| ▁▁▁▁▁██▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.95% | 2.67% | 0.00% |
| ▁▁▁▂▂▃▇█ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $10 | $11 | $12 | $13 |
| ▁▁▂▄▃▄██ | Gross Loans ($M) | $89 | $90 | $93 | $97 | $94 | $97 | $107 | $104 |
| ▂▁▃▂▃█▄▇ | Total Deposits ($M) | $98 | $94 | $99 | $98 | $98 | $110 | $102 | $108 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 19% |