Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.16 | 0.92% |
| Return on Equity (%) | ▲ | 10.28% | +0.74 | 9.54% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.11 | 3.62% |
| Efficiency Ratio (%) | ▼ | 61.84% | +2.44 | 59.40% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 2.29% | -0.17 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $201 | +6.69 | $195 |
| Gross Loans ($M) | ▼ | $134 | -1.14 | $135 |
| Loan Growth YoY (%) | ▼ | 74.12% | -2.53 | 76.65% |
| Total Deposits ($M) | ▲ | $178 | +4.65 | $173 |
| Shareholders Equity ($M) | ▲ | $21 | +2.18 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +2.18 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +2.30 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 74.12% | -2.53 | 76.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.40% | -0.54 | 0.94% |
| Allowance / Loans (%) | — | 1.51% | -0.15% | 1.66% |
| Net Charge-Off Ratio (%) | ▲ | 0.45% | -0.90 | 1.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▂████ | Net Interest Margin (%) | 3.62% | 3.59% | 3.60% | 3.62% | 3.73% | 3.73% | 3.74% | 3.73% |
| ▇▅█▁▆▃█▅ | Return on Assets (%) | 1.14% | 1.09% | 1.21% | 0.92% | 1.13% | 1.01% | 1.21% | 1.08% |
| ▂▄▃▆▁▃▅█ | Efficiency Ratio (%) | 56.5% | 58.2% | 57.1% | 59.4% | 55.0% | 57.2% | 58.7% | 61.8% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 2.71% | 2.66% | 2.46% | 2.47% | 2.46% | 2.39% | 2.31% | 2.29% |
| ▁▆▆█▇▄▄▂ | NPA / Assets (%) | 0.24% | 0.72% | 0.70% | 0.94% | 0.79% | 0.57% | 0.57% | 0.40% |
| ▁▆▆█▇▂▂▁ | Net Charge-Off Ratio (%) | 0.34% | 1.04% | 1.00% | 1.35% | 1.12% | 0.49% | 0.48% | 0.45% |
| ▁▁▂▃▆▇▇█ | Tang. Book Value ($M) | $18 | $18 | $18 | $19 | $20 | $20 | $20 | $21 |
| ▁▂▇▆█▅▇▄ | Gross Loans ($M) | $131 | $132 | $136 | $135 | $137 | $134 | $136 | $134 |
| ▁▂▅▅▅▆▆█ | Total Deposits ($M) | $166 | $168 | $172 | $173 | $172 | $174 | $175 | $178 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 28% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 27% |