Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.13% | -0.20 | 2.33% |
| Return on Equity (%) | ▼ | 21.48% | -3.64 | 25.12% |
| Net Interest Margin (%) | ▼ | 3.67% | -0.13 | 3.80% |
| Efficiency Ratio (%) | ▼ | 40.00% | +8.09 | 31.91% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.20 | $2 |
| Cost of Funds (%) | ▲ | 2.95% | -0.23 | 3.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $254 | -12.14 | $266 |
| Gross Loans ($M) | ▼ | $225 | -8.73 | $233 |
| Loan Growth YoY (%) | ▲ | 121.39% | +1.59 | 119.80% |
| Total Deposits ($M) | ▼ | $184 | -9.63 | $193 |
| Shareholders Equity ($M) | ▼ | $25 | -0.33 | $25 |
| Tang. Book Value ($M) | ▼ | $25 | -0.33 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 121.39% | +1.59 | 119.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.15% | -0.68 | 2.82% |
| Allowance / Loans (%) | — | 0.83% | -0.02% | 0.85% |
| Net Charge-Off Ratio (%) | ▲ | 1.81% | -0.74 | 2.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.47% | +0.00 | 12.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▆▆▆█▁▄ | Net Interest Margin (%) | 3.70% | 3.63% | 3.82% | 3.80% | 3.80% | 3.97% | 3.44% | 3.67% |
| ▃▁█▆▅▅▇▃ | Return on Assets (%) | 2.15% | 1.95% | 2.54% | 2.33% | 2.28% | 2.26% | 2.42% | 2.13% |
| ▁▅▁▁▃▄██ | Efficiency Ratio (%) | 31.3% | 36.1% | 31.2% | 31.9% | 33.8% | 35.4% | 40.6% | 40.0% |
| █▂▁▆█▇▇▁ | Cost of Funds (%) | 3.25% | 3.00% | 2.95% | 3.18% | 3.27% | 3.22% | 3.21% | 2.95% |
| ▄█▇▄▂▁▃▃ | NPA / Assets (%) | 2.58% | 4.92% | 4.03% | 2.82% | 1.39% | 0.76% | 2.17% | 2.15% |
| ▃█▇▄▂▁▃▂ | Net Charge-Off Ratio (%) | 2.48% | 5.32% | 4.55% | 2.55% | 1.55% | 0.86% | 2.44% | 1.81% |
| ▁▂▆▆▆▆█▅ | Tang. Book Value ($M) | $24 | $24 | $25 | $25 | $25 | $25 | $26 | $25 |
| ▅██▆▁▄▃▃ | Gross Loans ($M) | $229 | $238 | $240 | $233 | $218 | $227 | $224 | $225 |
| ▆▆█▅▆▃▂▁ | Total Deposits ($M) | $195 | $196 | $201 | $193 | $195 | $190 | $186 | $184 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 31% |