Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.14% | -0.61 | 0.75% |
| Return on Equity (%) | ▼ | 1.29% | -5.02 | 6.31% |
| Net Interest Margin (%) | ▼ | 4.02% | -0.24 | 4.26% |
| Efficiency Ratio (%) | ▼ | 92.94% | +9.58 | 83.36% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.10 | $0 |
| Cost of Funds (%) | ▼ | 1.85% | +0.42 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $136 | +10.90 | $125 |
| Gross Loans ($M) | ▲ | $94 | +14.42 | $79 |
| Loan Growth YoY (%) | ▲ | 85.35% | +9.54 | 75.82% |
| Total Deposits ($M) | ▲ | $109 | +5.14 | $104 |
| Shareholders Equity ($M) | ▼ | $14 | -0.12 | $14 |
| Tang. Book Value ($M) | ▼ | $11 | -0.09 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 85.35% | +9.54 | 75.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.68% | -0.10 | 2.79% |
| Allowance / Loans (%) | — | 0.95% | 0.01% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.05 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.27% | -2.28 | 14.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇█▇▃▅ | Net Interest Margin (%) | 3.47% | 3.65% | 4.16% | 4.26% | 4.49% | 4.27% | 3.78% | 4.02% |
| ▄▅▆██▇▁▃ | Return on Assets (%) | 0.28% | 0.38% | 0.48% | 0.75% | 0.73% | 0.59% | -0.17% | 0.14% |
| ▄▃▃▁▁▁█▅ | Efficiency Ratio (%) | 92.1% | 88.4% | 88.7% | 83.4% | 83.9% | 85.2% | 101.2% | 92.9% |
| ▇▄▄▄▁█▆█ | Cost of Funds (%) | 1.78% | 1.39% | 1.31% | 1.43% | 0.89% | 1.98% | 1.70% | 1.85% |
| ▁▁▁█████ | NPA / Assets (%) | 1.75% | 1.64% | 1.60% | 2.79% | 2.71% | 2.68% | 2.69% | 2.68% |
| █▂▁▂▂▆▆▁ | Net Charge-Off Ratio (%) | 0.35% | 0.08% | 0.00% | 0.05% | 0.05% | 0.22% | 0.23% | 0.00% |
| ▂▁▃▇██▅▆ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $11 | $11 | $11 | $11 |
| ▁▁▁▃▄▅▅█ | Gross Loans ($M) | $73 | $75 | $75 | $79 | $82 | $85 | $86 | $94 |
| ▆▁▁▅▇▇██ | Total Deposits ($M) | $104 | $97 | $95 | $104 | $107 | $106 | $108 | $109 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 7% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 12% |