Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.19 | 0.66% |
| Return on Equity (%) | ▲ | 6.86% | +1.46 | 5.40% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.37 | 4.06% |
| Efficiency Ratio (%) | ▼ | 78.72% | +4.54 | 74.18% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 0.77% | -0.30 | 1.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $239 | +11.51 | $227 |
| Gross Loans ($M) | ▲ | $145 | +7.96 | $137 |
| Loan Growth YoY (%) | ▼ | 67.84% | -1.13 | 68.97% |
| Total Deposits ($M) | ▲ | $210 | +14.56 | $196 |
| Shareholders Equity ($M) | ▼ | $26 | -2.95 | $29 |
| Tang. Book Value ($M) | ▼ | $26 | -2.95 | $29 |
| TBV excl. AOCI ($M)** | ▼ | $30 | -2.69 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 67.84% | -1.13 | 68.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.64% | +1.36 | 0.28% |
| Allowance / Loans (%) | — | 1.49% | 0.13% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 2.70% | +2.24 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▆▇██ | Net Interest Margin (%) | 3.42% | 3.50% | 3.86% | 4.06% | 4.18% | 4.21% | 4.32% | 4.43% |
| ▄▇▁▃▅▇▇█ | Return on Assets (%) | 0.69% | 0.77% | 0.55% | 0.66% | 0.71% | 0.80% | 0.80% | 0.84% |
| ▁▁▄▂▂▂█▆ | Efficiency Ratio (%) | 72.1% | 72.0% | 76.5% | 74.2% | 74.2% | 74.2% | 81.3% | 78.7% |
| █▇▇▄▄▃▁▁ | Cost of Funds (%) | 1.43% | 1.28% | 1.28% | 1.07% | 1.06% | 0.99% | 0.84% | 0.77% |
| ▁▁▁▂▂███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.28% | 0.25% | 1.62% | 1.68% | 1.64% |
| ▁▁▁▂▂███ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.46% | 0.47% | 2.92% | 2.87% | 2.70% |
| ▄▃▅▆███▁ | Tang. Book Value ($M) | $28 | $28 | $28 | $29 | $30 | $31 | $31 | $26 |
| ▁▄▅▅▂▄▅█ | Gross Loans ($M) | $125 | $133 | $136 | $137 | $129 | $134 | $136 | $145 |
| ▅▁▁▁▅█▃█ | Total Deposits ($M) | $204 | $196 | $194 | $196 | $204 | $209 | $200 | $210 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 15% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 2% |