Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.08 | 0.61% |
| Return on Equity (%) | ▼ | 3.20% | -0.66 | 3.86% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.37 | 3.58% |
| Efficiency Ratio (%) | ▲ | 83.94% | -1.60 | 85.54% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.58% | -0.26 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $465 | +5.94 | $459 |
| Gross Loans ($M) | ▼ | $303 | -13.37 | $317 |
| Loan Growth YoY (%) | ▼ | 83.69% | -11.82 | 95.51% |
| Total Deposits ($M) | ▲ | $359 | +30.52 | $328 |
| Shareholders Equity ($M) | ▲ | $76 | +1.81 | $74 |
| Tang. Book Value ($M) | ▲ | $76 | +1.81 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +1.92 | $79 |
| Loan / Deposit Ratio (%) | ▼ | 83.69% | -11.82 | 95.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.05 | 0.20% |
| Allowance / Loans (%) | — | 1.01% | 0.00% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.07 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▃▄▅██ | Net Interest Margin (%) | 3.76% | 3.74% | 3.45% | 3.58% | 3.68% | 3.72% | 3.91% | 3.95% |
| ██▂▅▇▇▁▃ | Return on Assets (%) | 0.80% | 0.80% | 0.46% | 0.61% | 0.74% | 0.75% | 0.41% | 0.53% |
| ▁▂▇▅▃▂█▃ | Efficiency Ratio (%) | 82.0% | 83.2% | 86.8% | 85.5% | 83.6% | 83.5% | 88.1% | 83.9% |
| █▇▅▄▄▃▁▁ | Cost of Funds (%) | 2.23% | 2.10% | 1.91% | 1.84% | 1.89% | 1.78% | 1.65% | 1.58% |
| ▅▆▆▆▅▅█▁ | NPA / Assets (%) | 0.20% | 0.20% | 0.20% | 0.20% | 0.19% | 0.19% | 0.23% | 0.14% |
| ▅▆▆▅▅▅█▁ | Net Charge-Off Ratio (%) | 0.29% | 0.31% | 0.30% | 0.29% | 0.29% | 0.29% | 0.35% | 0.22% |
| ▁▁▂▃▆█▇█ | Tang. Book Value ($M) | $73 | $73 | $74 | $74 | $75 | $76 | $76 | $76 |
| █▄▄▅▂▁▁▂ | Gross Loans ($M) | $334 | $312 | $310 | $317 | $305 | $297 | $296 | $303 |
| ▄▂▃▁▃▁▂█ | Total Deposits ($M) | $343 | $333 | $339 | $328 | $338 | $330 | $336 | $359 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 6% |