Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +2.34 | -0.46% |
| Return on Equity (%) | ▲ | 11.27% | +16.79 | -5.52% |
| Net Interest Margin (%) | ▲ | 3.46% | +1.11 | 2.36% |
| Efficiency Ratio (%) | ▲ | 59.58% | -56.81 | 116.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.76 | $-0 |
| Cost of Funds (%) | ▲ | 3.38% | -0.16 | 3.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $176 | -10.77 | $187 |
| Gross Loans ($M) | ▼ | $120 | -23.40 | $144 |
| Loan Growth YoY (%) | ▲ | 86.32% | +2.55 | 83.77% |
| Total Deposits ($M) | ▼ | $138 | -32.20 | $170 |
| Shareholders Equity ($M) | ▲ | $37 | +21.42 | $16 |
| Tang. Book Value ($M) | ▲ | $34 | +18.86 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 86.32% | +2.55 | 83.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.04 | 0.06% |
| Allowance / Loans (%) | — | 1.10% | 0.22% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.07 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 31.98% | +18.59 | 13.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▅▅▆▁██ | Net Interest Margin (%) | 2.36% | 2.32% | 2.24% | 2.36% | 2.47% | 0.55% | 3.23% | 3.46% |
| ▂▁▃▃▃▄██ | Return on Assets (%) | -1.06% | -1.61% | -0.47% | -0.46% | -0.62% | -0.13% | 1.64% | 1.88% |
| ██▆▆▆▁▁▁ | Efficiency Ratio (%) | 146.3% | 141.9% | 121.0% | 116.4% | 123.0% | 62.2% | 55.6% | 59.6% |
| █████▁██ | Cost of Funds (%) | 3.71% | 3.18% | 3.30% | 3.54% | 3.30% | -6.21% | 2.84% | 3.38% |
| █▆▃▃▃▁▆█ | NPA / Assets (%) | 0.10% | 0.08% | 0.06% | 0.06% | 0.06% | 0.04% | 0.08% | 0.10% |
| ▆▅▃▃▂▁▄█ | Net Charge-Off Ratio (%) | 0.12% | 0.11% | 0.08% | 0.08% | 0.08% | 0.05% | 0.10% | 0.15% |
| ▁▁▁▁▁███ | Tang. Book Value ($M) | $17 | $16 | $16 | $16 | $15 | $33 | $34 | $34 |
| ▂▃▂▃▃██▁ | Gross Loans ($M) | $132 | $139 | $138 | $144 | $144 | $191 | $190 | $120 |
| ▁▂▅▅▄██▁ | Total Deposits ($M) | $136 | $147 | $172 | $170 | $163 | $198 | $201 | $138 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Other | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 7% |