Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.87% | -0.19 | 1.05% |
| Return on Equity (%) | ▼ | 8.61% | -2.42 | 11.03% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.22 | 3.91% |
| Efficiency Ratio (%) | ▲ | 72.72% | -3.24 | 75.96% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 2.03% | -0.14 | 2.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $184 | +2.43 | $182 |
| Gross Loans ($M) | ▼ | $145 | -2.97 | $148 |
| Loan Growth YoY (%) | ▼ | 94.26% | -1.37 | 95.62% |
| Total Deposits ($M) | ▼ | $152 | -0.89 | $153 |
| Shareholders Equity ($M) | ▲ | $19 | +1.40 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +1.40 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 94.26% | -1.37 | 95.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.31% | -0.00% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.10% | +0.68 | 14.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▅▇▄█ | Net Interest Margin (%) | 3.86% | 3.87% | 3.88% | 3.91% | 4.01% | 4.10% | 3.98% | 4.14% |
| ▂▁█▆▅▅▂▃ | Return on Assets (%) | 0.71% | 0.61% | 1.32% | 1.05% | 1.02% | 0.97% | 0.72% | 0.87% |
| ▅█▆▄▁▂▅▁ | Efficiency Ratio (%) | 77.2% | 80.4% | 77.9% | 76.0% | 73.2% | 74.0% | 77.1% | 72.7% |
| ██▄▄▄▆▃▁ | Cost of Funds (%) | 2.35% | 2.33% | 2.17% | 2.17% | 2.16% | 2.25% | 2.12% | 2.03% |
| ▃▁▁▁▆█▁▂ | NPA / Assets (%) | 0.04% | 0.01% | 0.00% | 0.00% | 0.09% | 0.12% | 0.01% | 0.02% |
| ▃▁▁▁▇█▁▂ | Net Charge-Off Ratio (%) | 0.05% | 0.01% | 0.00% | 0.00% | 0.11% | 0.15% | 0.01% | 0.03% |
| ▁▁▃▄▅▇▇█ | Tang. Book Value ($M) | $16 | $16 | $17 | $17 | $18 | $18 | $18 | $19 |
| ▁▃▆▇███▅ | Gross Loans ($M) | $137 | $141 | $147 | $148 | $150 | $151 | $151 | $145 |
| ▁▁▅▇█▄▇▇ | Total Deposits ($M) | $139 | $139 | $149 | $153 | $155 | $146 | $152 | $152 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 16% |