Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.58% | +0.46 | 0.12% |
| Return on Equity (%) | ▲ | 6.61% | +5.18 | 1.43% |
| Net Interest Margin (%) | ▲ | 2.73% | +0.46 | 2.27% |
| Efficiency Ratio (%) | ▲ | 75.41% | -18.52 | 93.93% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.50 | $1 |
| Cost of Funds (%) | ▲ | 2.87% | -0.28 | 3.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $486 | -2.58 | $488 |
| Gross Loans ($M) | ▼ | $416 | -10.92 | $426 |
| Loan Growth YoY (%) | ▼ | 120.67% | -0.95 | 121.62% |
| Total Deposits ($M) | ▼ | $341 | -6.30 | $348 |
| Shareholders Equity ($M) | ▲ | $44 | +2.65 | $41 |
| Tang. Book Value ($M) | ▲ | $44 | +2.65 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +2.56 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 120.67% | -0.95 | 121.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.04 | 0.27% |
| Allowance / Loans (%) | — | 0.89% | 0.02% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.00 | 0.31% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆██ | Net Interest Margin (%) | 1.73% | 1.82% | 2.20% | 2.27% | 2.37% | 2.44% | 2.68% | 2.73% |
| ▃▁▁▃▄▅▇█ | Return on Assets (%) | 0.13% | -0.05% | -0.08% | 0.12% | 0.21% | 0.26% | 0.50% | 0.58% |
| ▅▆█▅▄▄▁▁ | Efficiency Ratio (%) | 94.5% | 97.5% | 106.3% | 93.9% | 89.8% | 87.9% | 78.7% | 75.4% |
| █▇▅▅▅▃▁▁ | Cost of Funds (%) | 3.49% | 3.34% | 3.19% | 3.15% | 3.15% | 2.99% | 2.79% | 2.87% |
| ▄▅▄▁▁▁█▂ | NPA / Assets (%) | 0.52% | 0.55% | 0.52% | 0.27% | 0.24% | 0.23% | 0.82% | 0.31% |
| ▅▆▅▂▁▁█▂ | Net Charge-Off Ratio (%) | 0.61% | 0.65% | 0.61% | 0.31% | 0.23% | 0.22% | 0.91% | 0.31% |
| ▃▁▁▂▃▅▇█ | Tang. Book Value ($M) | $41 | $41 | $41 | $41 | $42 | $42 | $43 | $44 |
| ▅▁▁█▅▃▇▃ | Gross Loans ($M) | $418 | $410 | $410 | $426 | $419 | $415 | $424 | $416 |
| █▃▃▃▇▂▄▁ | Total Deposits ($M) | $358 | $347 | $347 | $348 | $356 | $345 | $348 | $341 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 16% |