Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.49% | +0.42 | 1.07% |
| Return on Equity (%) | ▲ | 9.31% | +2.51 | 6.80% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.52 | 3.94% |
| Efficiency Ratio (%) | ▲ | 56.77% | -5.82 | 62.59% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.47 | $1 |
| Cost of Funds (%) | ▲ | 2.65% | -0.37 | 3.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $385 | +26.07 | $359 |
| Gross Loans ($M) | ▲ | $287 | +3.71 | $284 |
| Loan Growth YoY (%) | ▼ | 89.19% | -5.39 | 94.58% |
| Total Deposits ($M) | ▲ | $317 | +21.31 | $295 |
| Shareholders Equity ($M) | ▲ | $63 | +5.06 | $57 |
| Tang. Book Value ($M) | ▲ | $62 | +5.06 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 89.19% | -5.39 | 94.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -2.79 | 3.07% |
| Allowance / Loans (%) | — | 1.64% | 0.20% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -3.52 | 3.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▁▂▄█▆ | Net Interest Margin (%) | 3.90% | 4.01% | 4.02% | 3.94% | 4.04% | 4.24% | 4.74% | 4.46% |
| ▂▄▃▁▁▄██ | Return on Assets (%) | 1.14% | 1.29% | 1.21% | 1.07% | 1.10% | 1.26% | 1.55% | 1.49% |
| ▇▄▇█▅▃▁▃ | Efficiency Ratio (%) | 60.9% | 57.4% | 61.2% | 62.6% | 59.1% | 56.9% | 54.0% | 56.8% |
| ██▅▅▃▃▁▁ | Cost of Funds (%) | 3.35% | 3.27% | 3.03% | 3.03% | 2.89% | 2.85% | 2.69% | 2.65% |
| ▄▃▃██▆▁▁ | NPA / Assets (%) | 1.42% | 1.00% | 0.93% | 3.07% | 3.10% | 2.20% | 0.17% | 0.27% |
| ▄▃▃██▆▁▁ | Net Charge-Off Ratio (%) | 1.83% | 1.32% | 1.26% | 3.89% | 3.75% | 2.82% | 0.22% | 0.37% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $53 | $55 | $56 | $57 | $58 | $59 | $60 | $62 |
| ▂▂▁▄█▆▆▄ | Gross Loans ($M) | $276 | $272 | $267 | $284 | $308 | $295 | $293 | $287 |
| ▁▁▂▃▆▇▇█ | Total Deposits ($M) | $291 | $288 | $293 | $295 | $309 | $312 | $311 | $317 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 37% |