Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.45% | +0.25 | 0.20% |
| Return on Equity (%) | ▲ | 5.91% | +3.05 | 2.86% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.55 | 2.59% |
| Efficiency Ratio (%) | ▲ | 74.58% | -15.33 | 89.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.49 | $0 |
| Cost of Funds (%) | ▲ | 2.87% | -0.26 | 3.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $402 | -38.77 | $441 |
| Gross Loans ($M) | ▼ | $307 | -33.52 | $340 |
| Loan Growth YoY (%) | ▼ | 91.02% | -2.59 | 93.61% |
| Total Deposits ($M) | ▼ | $333 | -26.38 | $359 |
| Shareholders Equity ($M) | ▲ | $33 | +1.98 | $31 |
| Tang. Book Value ($M) | ▲ | $33 | +1.98 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +2.09 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 91.02% | -2.59 | 93.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.88% | -0.56 | 1.44% |
| Allowance / Loans (%) | — | 1.21% | 0.06% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 1.15% | -0.71 | 1.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.04% | +1.31 | 9.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▂▃▄▇█ | Net Interest Margin (%) | 2.70% | 2.66% | 2.48% | 2.59% | 2.65% | 2.74% | 3.02% | 3.14% |
| █▅▁▁▁▁▂▃ | Return on Assets (%) | 1.23% | 0.72% | 0.15% | 0.20% | 0.21% | 0.25% | 0.32% | 0.45% |
| ▃▃██▇▇▁▁ | Efficiency Ratio (%) | 81.0% | 81.0% | 91.8% | 89.9% | 88.8% | 87.6% | 74.7% | 74.6% |
| █▇▄▄▅▂▁▁ | Cost of Funds (%) | 3.58% | 3.47% | 3.21% | 3.13% | 3.21% | 2.99% | 2.83% | 2.87% |
| █▅▅▅█▄▂▁ | NPA / Assets (%) | 1.82% | 1.46% | 1.44% | 1.44% | 1.79% | 1.25% | 1.00% | 0.88% |
| █▅▅▅█▄▂▁ | Net Charge-Off Ratio (%) | 2.21% | 1.79% | 1.79% | 1.86% | 2.33% | 1.62% | 1.30% | 1.15% |
| █▁▂▁▅▇▇▇ | Tang. Book Value ($M) | $33 | $31 | $31 | $31 | $32 | $32 | $33 | $33 |
| ███▇▇▇▆▁ | Gross Loans ($M) | $350 | $346 | $347 | $340 | $341 | $343 | $335 | $307 |
| ▃▄▄▆▇█▇▁ | Total Deposits ($M) | $345 | $350 | $348 | $359 | $361 | $369 | $364 | $333 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 32% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 14% |