Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.26% | -0.22 | 0.48% |
| Return on Equity (%) | ▼ | 1.88% | -1.92 | 3.80% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.16 | 4.23% |
| Efficiency Ratio (%) | ▼ | 91.79% | +7.04 | 84.74% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.27 | $1 |
| Cost of Funds (%) | ▲ | 0.99% | -0.10 | 1.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $526 | -23.86 | $550 |
| Gross Loans ($M) | ▲ | $324 | +5.41 | $319 |
| Loan Growth YoY (%) | ▲ | 71.89% | +5.38 | 66.52% |
| Total Deposits ($M) | ▼ | $446 | -27.90 | $474 |
| Shareholders Equity ($M) | ▲ | $72 | +2.11 | $70 |
| Tang. Book Value ($M) | ▲ | $72 | +2.13 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +2.67 | $71 |
| Loan / Deposit Ratio (%) | ▲ | 71.89% | +5.38 | 66.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.46 | 0.48% |
| Allowance / Loans (%) | — | 1.07% | -0.02% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.80 | 0.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▁▅▄▂▄ | Net Interest Margin (%) | 4.61% | 4.58% | 4.21% | 4.23% | 4.43% | 4.41% | 4.31% | 4.39% |
| ██▄▅▆▅▁▂ | Return on Assets (%) | 0.77% | 0.77% | 0.47% | 0.48% | 0.60% | 0.51% | 0.16% | 0.26% |
| ▁▂▄▄▃▄█▇ | Efficiency Ratio (%) | 77.1% | 79.3% | 84.9% | 84.7% | 81.6% | 84.3% | 94.4% | 91.8% |
| ▆█▂▃▄▂▁▁ | Cost of Funds (%) | 1.20% | 1.28% | 1.05% | 1.09% | 1.13% | 1.05% | 1.01% | 0.99% |
| ████▁▁▁▁ | NPA / Assets (%) | 0.52% | 0.53% | 0.48% | 0.48% | 0.01% | 0.02% | 0.02% | 0.02% |
| ████▁▁▁▁ | Net Charge-Off Ratio (%) | 0.90% | 0.87% | 0.88% | 0.83% | 0.02% | 0.03% | 0.03% | 0.02% |
| ▁▂▃▅▇▇██ | Tang. Book Value ($M) | $68 | $69 | $69 | $70 | $71 | $71 | $72 | $72 |
| ▆█▇▇▁▁██ | Gross Loans ($M) | $314 | $322 | $318 | $319 | $300 | $297 | $321 | $324 |
| ▄▂█▄▁▁▂▁ | Total Deposits ($M) | $470 | $453 | $511 | $474 | $444 | $445 | $453 | $446 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 54% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 6% |