Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.08 | 0.84% |
| Return on Equity (%) | ▼ | 12.14% | -0.12 | 12.26% |
| Net Interest Margin (%) | ▼ | 3.33% | -0.25 | 3.58% |
| Efficiency Ratio (%) | ▲ | 71.42% | -3.27 | 74.69% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.53% | -0.16 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $198 | +29.21 | $169 |
| Gross Loans ($M) | ▲ | $130 | +2.51 | $127 |
| Loan Growth YoY (%) | ▼ | 75.72% | -12.17 | 87.89% |
| Total Deposits ($M) | ▲ | $169 | +25.94 | $143 |
| Shareholders Equity ($M) | ▲ | $15 | +2.50 | $12 |
| Tang. Book Value ($M) | ▲ | $15 | +2.50 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +2.42 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 75.72% | -12.17 | 87.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.26% | +0.87 | 1.39% |
| Allowance / Loans (%) | — | 1.60% | 0.16% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 3.44% | +1.60 | 1.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.13% | +1.18 | 12.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█▇▆▅▅ | Net Interest Margin (%) | 3.01% | 3.08% | 3.49% | 3.58% | 3.47% | 3.40% | 3.34% | 3.33% |
| ▁▁▆▆▄▁▇█ | Return on Assets (%) | 0.64% | 0.65% | 0.83% | 0.84% | 0.76% | 0.65% | 0.86% | 0.91% |
| ██▄▄▆▅▂▁ | Efficiency Ratio (%) | 78.6% | 78.9% | 74.4% | 74.7% | 76.4% | 76.1% | 73.0% | 71.4% |
| █▆▂▃▅▂▃▁ | Cost of Funds (%) | 2.16% | 1.98% | 1.67% | 1.69% | 1.86% | 1.64% | 1.70% | 1.53% |
| ▁▁▁▅▆▆▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 1.39% | 1.43% | 1.52% | 1.60% | 2.26% |
| ▁▁▁▅▅▆▆█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 1.84% | 1.99% | 2.31% | 2.19% | 3.44% |
| ▂▁▃▄▆▇▇█ | Tang. Book Value ($M) | $11 | $11 | $12 | $12 | $13 | $14 | $14 | $15 |
| ▅▁▃▄▃▁█▇ | Gross Loans ($M) | $128 | $124 | $126 | $127 | $126 | $124 | $131 | $130 |
| ▅▄▃▁▃▇▄█ | Total Deposits ($M) | $156 | $154 | $152 | $143 | $149 | $164 | $153 | $169 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 22% |