Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.36% | +0.24 | 0.12% |
| Return on Equity (%) | ▲ | 4.06% | +2.79 | 1.27% |
| Net Interest Margin (%) | ▲ | 3.17% | +0.49 | 2.68% |
| Efficiency Ratio (%) | ▼ | 85.74% | +9.95 | 75.78% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.46 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.38 | 2.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $206 | +12.83 | $193 |
| Gross Loans ($M) | ▲ | $167 | +12.89 | $154 |
| Loan Growth YoY (%) | ▲ | 100.79% | +3.38 | 97.41% |
| Total Deposits ($M) | ▲ | $164 | +7.46 | $157 |
| Shareholders Equity ($M) | ▲ | $18 | +0.94 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +0.94 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 100.79% | +3.38 | 97.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.01 | 0.12% |
| Allowance / Loans (%) | — | 0.79% | -0.03% | 0.82% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.01 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.41% | -1.11 | 13.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.54% | 2.52% | 2.50% | 2.68% | 2.79% | 2.88% | 3.06% | 3.17% |
| ▇▆▁▆▁▃▇█ | Return on Assets (%) | 0.21% | 0.17% | -0.34% | 0.12% | -0.31% | -0.09% | 0.24% | 0.36% |
| ▇▇█▁▃▂▅▄ | Efficiency Ratio (%) | 95.4% | 96.4% | 99.9% | 75.8% | 82.5% | 80.9% | 89.8% | 85.7% |
| █▇▂█▆▆▃▁ | Cost of Funds (%) | 2.42% | 2.36% | 2.11% | 2.39% | 2.31% | 2.30% | 2.12% | 2.00% |
| █▇▁▅▄▄▃▁ | NPA / Assets (%) | 0.13% | 0.13% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.11% |
| ██▆▄▃▃▃▁ | Net Charge-Off Ratio (%) | 0.17% | 0.16% | 0.16% | 0.15% | 0.15% | 0.15% | 0.15% | 0.14% |
| ▆██▁▁▄▆█ | Tang. Book Value ($M) | $18 | $18 | $18 | $17 | $17 | $17 | $18 | $18 |
| ▁▁▃▄▆▅▆█ | Gross Loans ($M) | $141 | $143 | $150 | $154 | $158 | $157 | $159 | $167 |
| ▁▁█▄▅▅▇▇ | Total Deposits ($M) | $147 | $147 | $168 | $157 | $159 | $160 | $164 | $164 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 10% |
| Consumer | 10% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |