Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.70 | 0.85% |
| Return on Equity (%) | ▲ | 12.01% | +5.37 | 6.64% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.26 | 2.87% |
| Efficiency Ratio (%) | ▲ | 46.16% | -13.59 | 59.75% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.40 | $2 |
| Cost of Funds (%) | ▲ | 2.92% | -0.37 | 3.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $454 | +25.75 | $429 |
| Gross Loans ($M) | ▲ | $348 | +1.00 | $347 |
| Loan Growth YoY (%) | ▼ | 92.97% | -5.23 | 98.19% |
| Total Deposits ($M) | ▲ | $369 | +21.12 | $348 |
| Shareholders Equity ($M) | ▲ | $59 | +4.13 | $55 |
| Tang. Book Value ($M) | ▲ | $59 | +4.13 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +4.20 | $56 |
| Loan / Deposit Ratio (%) | ▼ | 92.97% | -5.23 | 98.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.02 | 0.14% |
| Allowance / Loans (%) | — | 1.38% | -0.13% | 1.51% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.02 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▅▆▆██ | Net Interest Margin (%) | 2.69% | 2.63% | 2.44% | 2.87% | 2.93% | 2.96% | 3.11% | 3.13% |
| ▁▁▁▂▃▁█▅ | Return on Assets (%) | 0.52% | 0.37% | 0.48% | 0.85% | 0.86% | 0.53% | 2.32% | 1.56% |
| ▆▆▇▅▅█▁▂ | Efficiency Ratio (%) | 65.9% | 68.0% | 72.2% | 59.7% | 59.4% | 78.9% | 36.4% | 46.2% |
| ██▆▅▄▂▁▁ | Cost of Funds (%) | 3.56% | 3.50% | 3.34% | 3.29% | 3.21% | 3.04% | 2.95% | 2.92% |
| ▁▁█▁▄▁▁▁ | NPA / Assets (%) | 0.15% | 0.12% | 1.23% | 0.14% | 0.67% | 0.13% | 0.12% | 0.12% |
| ▁▁█▁▅▁▁▁ | Net Charge-Off Ratio (%) | 0.20% | 0.16% | 1.66% | 0.18% | 0.91% | 0.17% | 0.16% | 0.16% |
| ▁▁▁▃▅▄▇█ | Tang. Book Value ($M) | $54 | $53 | $54 | $55 | $57 | $56 | $58 | $59 |
| ▁▂▄█▅███ | Gross Loans ($M) | $293 | $302 | $316 | $347 | $327 | $344 | $349 | $348 |
| ▁▃▅▆▇▇██ | Total Deposits ($M) | $308 | $328 | $344 | $348 | $359 | $359 | $367 | $369 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 26% |