Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.45% | -0.10 | 0.55% |
| Return on Equity (%) | ▼ | 3.54% | -1.01 | 4.55% |
| Net Interest Margin (%) | ▲ | 2.37% | +0.06 | 2.31% |
| Efficiency Ratio (%) | ▼ | 70.14% | +6.10 | 64.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.49 | $1 |
| Cost of Funds (%) | ▲ | 2.58% | -0.72 | 3.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $417 | -9.17 | $426 |
| Gross Loans ($M) | ▼ | $317 | -14.96 | $332 |
| Loan Growth YoY (%) | ▼ | 88.31% | -1.50 | 89.80% |
| Total Deposits ($M) | ▼ | $356 | -11.14 | $368 |
| Shareholders Equity ($M) | ▲ | $53 | +0.12 | $53 |
| Tang. Book Value ($M) | ▲ | $53 | +0.26 | $53 |
| Loan / Deposit Ratio (%) | ▼ | 88.31% | -1.50 | 89.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 5.26% | -0.00 | 5.26% |
| Allowance / Loans (%) | — | 0.83% | 0.15% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 5.07% | +0.40 | 4.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 44.24% | -3.65 | 47.89% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇█▃▄▄▁▄ | Net Interest Margin (%) | 2.63% | 2.66% | 2.77% | 2.31% | 2.42% | 2.40% | 2.07% | 2.37% |
| █▆▅▄▄▄▁▃ | Return on Assets (%) | 1.10% | 0.78% | 0.68% | 0.55% | 0.57% | 0.53% | 0.13% | 0.45% |
| ▁▁▂▄▄▄█▅ | Efficiency Ratio (%) | 51.9% | 50.4% | 58.7% | 64.0% | 64.1% | 66.7% | 85.1% | 70.1% |
| █▇▆▄▄▃▁▁ | Cost of Funds (%) | 4.03% | 3.82% | 3.57% | 3.29% | 3.23% | 2.96% | 2.73% | 2.58% |
| ▇▁▂▂▂█▃▁ | NPA / Assets (%) | 5.95% | 5.13% | 5.33% | 5.26% | 5.34% | 6.13% | 5.50% | 5.26% |
| ▆▁▁▂▄█▅▄ | Net Charge-Off Ratio (%) | 5.62% | 4.26% | 4.45% | 4.67% | 5.01% | 6.10% | 5.23% | 5.07% |
| █▁▂▃▅▂▂▄ | Tang. Book Value ($M) | $55 | $51 | $52 | $53 | $53 | $52 | $52 | $53 |
| █▇▆▂▂▁▁▁ | Gross Loans ($M) | $390 | $379 | $363 | $332 | $329 | $325 | $321 | $317 |
| █▇▄▃▂▂▁▁ | Total Deposits ($M) | $402 | $391 | $374 | $368 | $358 | $360 | $351 | $356 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 25% |