Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.31 | 0.61% |
| Return on Equity (%) | ▲ | 6.15% | +1.58 | 4.57% |
| Net Interest Margin (%) | ▲ | 3.49% | +0.40 | 3.09% |
| Efficiency Ratio (%) | ▲ | 49.02% | -7.04 | 56.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.82% | -0.35 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $242 | -10.35 | $253 |
| Gross Loans ($M) | ▼ | $156 | -27.68 | $184 |
| Loan Growth YoY (%) | ▼ | 74.79% | -9.40 | 84.20% |
| Total Deposits ($M) | ▼ | $202 | -11.06 | $213 |
| Shareholders Equity ($M) | ▲ | $37 | +2.84 | $34 |
| Tang. Book Value ($M) | ▲ | $37 | +2.84 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +3.62 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 74.79% | -9.40 | 84.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 5.71% | -0.64 | 6.35% |
| Allowance / Loans (%) | — | 3.50% | 0.85% | 2.65% |
| Net Charge-Off Ratio (%) | ▲ | 8.39% | -0.25 | 8.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 23.53% | +3.91 | 19.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▃▃▅█ | Net Interest Margin (%) | 3.07% | 3.09% | 2.98% | 3.09% | 3.14% | 3.17% | 3.29% | 3.49% |
| █▆▂▁▁▁▄▅ | Return on Assets (%) | 1.31% | 1.10% | 0.66% | 0.61% | 0.56% | 0.51% | 0.84% | 0.92% |
| ▁▃█▇▅█▄▁ | Efficiency Ratio (%) | 48.2% | 50.7% | 57.6% | 56.1% | 53.9% | 56.5% | 52.8% | 49.0% |
| ██▅▄▄▂▁▁ | Cost of Funds (%) | 2.54% | 2.45% | 2.26% | 2.18% | 2.13% | 1.97% | 1.86% | 1.82% |
| ▂▁▇████▆ | NPA / Assets (%) | 4.02% | 3.49% | 6.02% | 6.35% | 6.50% | 6.53% | 6.43% | 5.71% |
| ▂▁▆▇███▇ | Net Charge-Off Ratio (%) | 5.33% | 4.57% | 8.02% | 8.64% | 9.03% | 9.60% | 9.40% | 8.39% |
| ▄▁▃▂▆▇██ | Tang. Book Value ($M) | $35 | $34 | $35 | $34 | $36 | $37 | $37 | $37 |
| █▇▆▅▄▃▂▁ | Gross Loans ($M) | $202 | $193 | $189 | $184 | $179 | $170 | $166 | $156 |
| █▄▄▄▃▃▃▁ | Total Deposits ($M) | $229 | $215 | $213 | $213 | $209 | $211 | $209 | $202 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 36% |