Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.83% | -0.52 | 1.34% |
| Return on Equity (%) | ▼ | 5.76% | -4.47 | 10.23% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.01 | 4.25% |
| Efficiency Ratio (%) | ▼ | 59.61% | +2.83 | 56.78% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.28 | $3 |
| Cost of Funds (%) | ▲ | 2.23% | -0.37 | 2.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $618 | -15.27 | $633 |
| Gross Loans ($M) | ▲ | $465 | +54.79 | $411 |
| Loan Growth YoY (%) | ▲ | 88.58% | +12.46 | 76.12% |
| Total Deposits ($M) | ▼ | $518 | -14.83 | $533 |
| Shareholders Equity ($M) | ▲ | $90 | +4.65 | $86 |
| Tang. Book Value ($M) | ▲ | $90 | +4.65 | $85 |
| TBV excl. AOCI ($M)** | ▲ | $93 | +7.43 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 88.58% | +12.46 | 76.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.00% | +0.90 | 1.10% |
| Allowance / Loans (%) | — | 1.47% | 0.19% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 2.65% | +0.96 | 1.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▄▃▁▂ | Net Interest Margin (%) | 4.67% | 4.59% | 4.15% | 4.25% | 4.37% | 4.34% | 4.19% | 4.26% |
| ██▆██▇▁▄ | Return on Assets (%) | 1.45% | 1.43% | 1.11% | 1.34% | 1.43% | 1.32% | 0.43% | 0.83% |
| ▁▂▇▆▆▆██ | Efficiency Ratio (%) | 44.2% | 48.1% | 57.9% | 56.8% | 55.8% | 56.6% | 60.9% | 59.6% |
| ██▆▄▄▃▁▁ | Cost of Funds (%) | 3.09% | 3.02% | 2.83% | 2.60% | 2.61% | 2.46% | 2.29% | 2.23% |
| ▅▁▁▂▂██▇ | NPA / Assets (%) | 1.54% | 0.91% | 0.97% | 1.10% | 1.15% | 2.10% | 2.15% | 2.00% |
| ▆▁▁▁▁██▆ | Net Charge-Off Ratio (%) | 2.62% | 1.58% | 1.55% | 1.69% | 1.74% | 3.12% | 3.02% | 2.65% |
| ▁▂▃▅▇█▇█ | Tang. Book Value ($M) | $80 | $82 | $83 | $85 | $88 | $89 | $88 | $90 |
| ▂▁▁▃▄▅▆█ | Gross Loans ($M) | $392 | $381 | $389 | $411 | $421 | $429 | $438 | $465 |
| █▇▂▃▃▃▁▁ | Total Deposits ($M) | $570 | $562 | $525 | $533 | $533 | $533 | $515 | $518 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 31% |