Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.39% | +0.15 | 0.24% |
| Return on Equity (%) | ▲ | 3.61% | +1.07 | 2.54% |
| Net Interest Margin (%) | ▲ | 3.36% | +0.11 | 3.25% |
| Efficiency Ratio (%) | ▼ | 87.10% | +0.95 | 86.15% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.04 | $0 |
| Cost of Funds (%) | ▼ | 1.26% | +0.04 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $189 | -2.63 | $192 |
| Gross Loans ($M) | ▼ | $82 | -12.75 | $95 |
| Loan Growth YoY (%) | ▼ | 48.58% | -6.25 | 54.82% |
| Total Deposits ($M) | ▼ | $167 | -3.83 | $171 |
| Shareholders Equity ($M) | ▲ | $20 | +1.18 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.18 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.72 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 48.58% | -6.25 | 54.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.10% | +0.34 | 0.75% |
| Allowance / Loans (%) | — | 1.37% | -0.03% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 2.51% | +1.00 | 1.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 2.99% | 3.02% | 3.20% | 3.25% | 3.29% | 3.28% | 3.32% | 3.36% |
| ▁▁▃▄▄▅█▇ | Return on Assets (%) | 0.10% | 0.08% | 0.21% | 0.24% | 0.25% | 0.28% | 0.45% | 0.39% |
| ▅█▁▃▄▄▁▄ | Efficiency Ratio (%) | 88.0% | 90.1% | 85.2% | 86.2% | 87.0% | 87.3% | 84.8% | 87.1% |
| █▇▃▁▁▁▂▁ | Cost of Funds (%) | 1.71% | 1.61% | 1.37% | 1.23% | 1.25% | 1.26% | 1.31% | 1.26% |
| ▁▁▂▃▃▄▇█ | NPA / Assets (%) | 0.57% | 0.56% | 0.64% | 0.75% | 0.74% | 0.83% | 0.98% | 1.10% |
| ▁▁▁▃▃▅▇█ | Net Charge-Off Ratio (%) | 1.09% | 1.08% | 1.23% | 1.51% | 1.56% | 1.80% | 2.20% | 2.51% |
| ▅▁▃▅████ | Tang. Book Value ($M) | $19 | $17 | $18 | $19 | $20 | $20 | $20 | $20 |
| █▇▆▅▃▂▁▁ | Gross Loans ($M) | $105 | $102 | $99 | $95 | $90 | $87 | $84 | $82 |
| █▇▄▄▂▁▂▂ | Total Deposits ($M) | $181 | $177 | $172 | $171 | $168 | $165 | $168 | $167 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 15% |
| Consumer | 12% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 19% |