Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.10 | 1.81% |
| Return on Equity (%) | ▼ | 33.21% | -17.34 | 50.55% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.20 | 3.42% |
| Efficiency Ratio (%) | ▲ | 49.76% | -0.04 | 49.80% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.17 | $2 |
| Cost of Funds (%) | ▲ | 1.80% | -0.16 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $506 | +20.20 | $486 |
| Gross Loans ($M) | ▲ | $237 | +37.07 | $200 |
| Loan Growth YoY (%) | ▲ | 59.59% | +8.20 | 51.38% |
| Total Deposits ($M) | ▲ | $394 | +9.00 | $385 |
| Shareholders Equity ($M) | ▲ | $32 | +15.73 | $16 |
| Tang. Book Value ($M) | ▲ | $32 | +15.73 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +14.96 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 59.59% | +8.20 | 51.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.82% | -0.07 | 0.89% |
| Allowance / Loans (%) | — | 0.99% | -0.11% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 1.76% | -0.41 | 2.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▃▃▃▅▆ | Net Interest Margin (%) | 3.80% | 3.72% | 3.28% | 3.42% | 3.44% | 3.45% | 3.56% | 3.62% |
| █▇▁▂▂▁▃▄ | Return on Assets (%) | 2.20% | 2.12% | 1.72% | 1.81% | 1.83% | 1.78% | 1.90% | 1.91% |
| ▁▂██▇█▇█ | Efficiency Ratio (%) | 44.3% | 45.4% | 50.3% | 49.8% | 49.5% | 50.2% | 49.6% | 49.8% |
| ▃▆▄▅██▁▁ | Cost of Funds (%) | 1.89% | 1.98% | 1.93% | 1.96% | 2.05% | 2.07% | 1.82% | 1.80% |
| ▁▂▄▃██▁▂ | NPA / Assets (%) | 0.77% | 0.85% | 0.92% | 0.89% | 1.10% | 1.13% | 0.79% | 0.82% |
| ▂▄▆▄██▁▁ | Net Charge-Off Ratio (%) | 1.90% | 2.11% | 2.37% | 2.16% | 2.58% | 2.50% | 1.84% | 1.76% |
| ▅▁▂▁▅▇▆█ | Tang. Book Value ($M) | $24 | $17 | $19 | $16 | $25 | $28 | $27 | $32 |
| ▁▁▁▃▄▆▇█ | Gross Loans ($M) | $186 | $187 | $191 | $200 | $211 | $221 | $226 | $237 |
| ▁▃▅▆▆▅█▇ | Total Deposits ($M) | $331 | $360 | $383 | $385 | $387 | $372 | $413 | $394 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 33% |
| Brokered / Other | 27% |