Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.25% | -0.57 | 0.82% |
| Return on Equity (%) | ▼ | 2.19% | -4.92 | 7.11% |
| Net Interest Margin (%) | ▲ | 3.97% | +0.10 | 3.87% |
| Efficiency Ratio (%) | ▼ | 72.95% | +2.14 | 70.80% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 2.03% | -0.21 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +18.22 | $162 |
| Gross Loans ($M) | ▲ | $142 | +16.63 | $126 |
| Loan Growth YoY (%) | ▼ | 101.70% | -0.62 | 102.32% |
| Total Deposits ($M) | ▲ | $138 | +16.98 | $121 |
| Shareholders Equity ($M) | ▲ | $20 | +1.01 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.01 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 101.70% | -0.62 | 102.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.33% | +1.33 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | -0.06% | 1.12% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.24% | -1.22 | 13.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▁▂▃▂▃ | Net Interest Margin (%) | 4.46% | 4.40% | 3.80% | 3.87% | 3.95% | 3.98% | 3.88% | 3.97% |
| ██▇▇██▅▁ | Return on Assets (%) | 0.95% | 0.97% | 0.80% | 0.82% | 0.89% | 0.92% | 0.70% | 0.25% |
| ▂▁▅▅▂▁█▇ | Efficiency Ratio (%) | 68.4% | 67.5% | 71.4% | 70.8% | 68.7% | 67.4% | 73.9% | 72.9% |
| ▄▆▄█▁▁▂▃ | Cost of Funds (%) | 2.08% | 2.16% | 2.08% | 2.24% | 1.95% | 1.94% | 2.01% | 2.03% |
| ▁▁▁▁███▆ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 1.79% | 1.67% | 1.72% | 1.33% |
| ▁▁▁▁███▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 2.36% | 2.27% | 2.23% | 0.00% |
| ▁▂▃▄▆███ | Tang. Book Value ($M) | $18 | $19 | $19 | $19 | $20 | $20 | $21 | $20 |
| ▁▂▁▄▄▆▆█ | Gross Loans ($M) | $118 | $118 | $115 | $126 | $128 | $132 | $134 | $142 |
| ▂▂▄▁▁▇▆█ | Total Deposits ($M) | $124 | $125 | $128 | $121 | $122 | $134 | $132 | $138 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 22% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 16% |