Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.44% | +0.08 | 1.36% |
| Return on Equity (%) | ▼ | 8.12% | -0.86 | 8.98% |
| Net Interest Margin (%) | ▲ | 4.94% | +0.17 | 4.77% |
| Efficiency Ratio (%) | ▼ | 62.89% | +4.01 | 58.88% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.35 | $2 |
| Cost of Funds (%) | ▲ | 2.42% | -0.54 | 2.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $389 | -17.63 | $407 |
| Gross Loans ($M) | ▼ | $317 | -9.49 | $327 |
| Loan Growth YoY (%) | ▲ | 100.82% | +3.35 | 97.47% |
| Total Deposits ($M) | ▼ | $306 | -20.51 | $327 |
| Shareholders Equity ($M) | ▲ | $71 | +5.30 | $66 |
| Tang. Book Value ($M) | ▲ | $71 | +5.53 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 100.82% | +3.35 | 97.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.42% | +0.92 | 3.49% |
| Allowance / Loans (%) | — | 2.57% | 0.14% | 2.42% |
| Net Charge-Off Ratio (%) | ▼ | 2.78% | +0.79 | 2.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇▇██ | Net Interest Margin (%) | 4.40% | 4.41% | 4.60% | 4.77% | 4.84% | 4.83% | 4.96% | 4.94% |
| ▂▂▁▄▄█▃▇ | Return on Assets (%) | 1.28% | 1.29% | 1.24% | 1.36% | 1.34% | 1.49% | 1.32% | 1.44% |
| ▁▁▄▄█▅██ | Efficiency Ratio (%) | 54.9% | 54.6% | 58.5% | 58.9% | 62.4% | 59.9% | 63.3% | 62.9% |
| █▆▆▄▄▃▁▁ | Cost of Funds (%) | 3.58% | 3.20% | 3.28% | 2.96% | 2.87% | 2.76% | 2.51% | 2.42% |
| ▅▁▁▂▁▆▂█ | NPA / Assets (%) | 3.94% | 3.40% | 3.37% | 3.49% | 3.31% | 4.03% | 3.56% | 4.42% |
| █▇▁▁▁▅▄▃ | Net Charge-Off Ratio (%) | 4.81% | 4.27% | 1.95% | 2.00% | 1.89% | 3.58% | 3.34% | 2.78% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $61 | $62 | $64 | $65 | $66 | $68 | $69 | $71 |
| ▄█▆▃▃▃▁▁ | Gross Loans ($M) | $332 | $350 | $338 | $327 | $328 | $325 | $315 | $317 |
| ▆█▆▃▃▂▁▁ | Total Deposits ($M) | $347 | $369 | $350 | $327 | $325 | $319 | $312 | $306 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 26% |