Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.95% | -0.31 | 1.26% |
| Return on Equity (%) | ▼ | 9.82% | -2.06 | 11.88% |
| Net Interest Margin (%) | ▼ | 4.23% | -0.05 | 4.28% |
| Efficiency Ratio (%) | ▼ | 70.17% | +6.52 | 63.64% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.25 | $1 |
| Cost of Funds (%) | ▼ | 1.66% | +0.19 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $292 | +38.45 | $253 |
| Gross Loans ($M) | ▲ | $243 | +43.87 | $200 |
| Loan Growth YoY (%) | ▲ | 91.98% | +4.31 | 87.67% |
| Total Deposits ($M) | ▲ | $261 | +36.88 | $225 |
| Shareholders Equity ($M) | ▲ | $28 | +0.88 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +0.88 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 91.98% | +4.31 | 87.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.42% | +1.33 | 0.09% |
| Allowance / Loans (%) | — | 1.22% | -0.13% | 1.35% |
| Net Charge-Off Ratio (%) | ▼ | 1.70% | +1.59 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.56% | -2.27 | 12.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▆▆▇▁▃ | Net Interest Margin (%) | 4.32% | 4.34% | 4.24% | 4.28% | 4.29% | 4.30% | 4.18% | 4.23% |
| ▅▇▄█▇▆▁▂ | Return on Assets (%) | 1.10% | 1.20% | 1.02% | 1.26% | 1.18% | 1.16% | 0.87% | 0.95% |
| ▃▁▅▂▃▃█▇ | Efficiency Ratio (%) | 65.0% | 62.1% | 67.5% | 63.6% | 65.3% | 65.5% | 72.1% | 70.2% |
| ██▁▁▂▃▃█ | Cost of Funds (%) | 1.64% | 1.65% | 1.49% | 1.47% | 1.51% | 1.54% | 1.52% | 1.66% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.08% | 0.08% | 0.07% | 0.09% | 1.60% | 1.54% | 1.45% | 1.42% |
| ▁▁▁▁███▇ | Net Charge-Off Ratio (%) | 0.11% | 0.11% | 0.09% | 0.11% | 2.02% | 1.81% | 1.79% | 1.70% |
| ▁▂▄▆█▅▇█ | Tang. Book Value ($M) | $25 | $26 | $26 | $27 | $28 | $27 | $27 | $28 |
| ▁▁▁▂▃▆▇█ | Gross Loans ($M) | $192 | $189 | $190 | $200 | $207 | $229 | $232 | $243 |
| ▁▁▁▂▃▄██ | Total Deposits ($M) | $216 | $219 | $220 | $225 | $231 | $237 | $258 | $261 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 20% |