Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +1.66 | -0.74% |
| Return on Equity (%) | ▲ | 10.92% | +19.99 | -9.07% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.35 | 2.95% |
| Efficiency Ratio (%) | ▲ | 63.62% | -8.18 | 71.80% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 2.58% | -0.10 | 2.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $245 | -5.94 | $251 |
| Gross Loans ($M) | ▼ | $209 | -0.90 | $210 |
| Loan Growth YoY (%) | ▲ | 93.67% | +3.66 | 90.01% |
| Total Deposits ($M) | ▼ | $221 | -7.44 | $228 |
| Shareholders Equity ($M) | ▲ | $23 | +1.84 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +1.85 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 93.67% | +3.66 | 90.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -1.83 | 1.99% |
| Allowance / Loans (%) | — | 1.12% | -1.08% | 2.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -2.20 | 2.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.11% | +0.80 | 9.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▂▅▄█▇ | Net Interest Margin (%) | 3.15% | 3.08% | 2.82% | 2.95% | 3.15% | 3.09% | 3.37% | 3.30% |
| ▇▆▅▁▂▁██ | Return on Assets (%) | 0.67% | 0.53% | 0.20% | -0.74% | -0.32% | -0.64% | 0.97% | 0.92% |
| ▆█▇▇▆▆▁▂ | Efficiency Ratio (%) | 70.0% | 73.4% | 70.6% | 71.8% | 69.7% | 70.0% | 61.4% | 63.6% |
| █▃▇▄▆▁▃▃ | Cost of Funds (%) | 3.02% | 2.60% | 2.93% | 2.68% | 2.78% | 2.36% | 2.59% | 2.58% |
| ▁▁▅██▁▁▁ | NPA / Assets (%) | 0.11% | 0.09% | 1.20% | 1.99% | 2.05% | 0.15% | 0.16% | 0.16% |
| ▁▁▆██▁▁▁ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 1.62% | 2.39% | 2.41% | 0.21% | 0.21% | 0.19% |
| ▄▃▅▁▃▃▆█ | Tang. Book Value ($M) | $22 | $22 | $22 | $21 | $21 | $22 | $22 | $23 |
| ▃▆▁█▇▅▃█ | Gross Loans ($M) | $199 | $206 | $194 | $210 | $208 | $203 | $198 | $209 |
| ▁▆▄▂▁█▃▁ | Total Deposits ($M) | $216 | $252 | $237 | $228 | $220 | $269 | $233 | $221 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 25% |
| Other | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 23% |