Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.08% | +0.53 | -0.45% |
| Return on Equity (%) | ▲ | 1.14% | +6.88 | -5.74% |
| Net Interest Margin (%) | ▼ | 2.82% | -0.20 | 3.03% |
| Efficiency Ratio (%) | ▲ | 94.11% | -0.27 | 94.39% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.25 | $0 |
| Cost of Funds (%) | ▲ | 2.13% | -0.03 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $385 | +44.60 | $340 |
| Gross Loans ($M) | ▼ | $253 | -9.84 | $263 |
| Loan Growth YoY (%) | ▼ | 77.20% | -15.49 | 92.68% |
| Total Deposits ($M) | ▲ | $321 | +43.84 | $278 |
| Shareholders Equity ($M) | ▲ | $27 | +1.50 | $26 |
| Tang. Book Value ($M) | ▲ | $27 | +1.50 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +1.27 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 77.20% | -15.49 | 92.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.54% | -1.18 | 2.73% |
| Allowance / Loans (%) | — | 2.05% | -0.19% | 2.23% |
| Net Charge-Off Ratio (%) | ▲ | 2.34% | -1.18 | 3.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.79% | +0.69 | 10.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅██▄▃ | Net Interest Margin (%) | 2.62% | 2.65% | 2.75% | 3.03% | 3.40% | 3.35% | 2.97% | 2.82% |
| ▁▃▃▃▅▆█▆ | Return on Assets (%) | -0.88% | -0.46% | -0.53% | -0.45% | -0.16% | -0.02% | 0.43% | 0.08% |
| ▅▆█▅▁▁▃▅ | Efficiency Ratio (%) | 93.3% | 95.1% | 100.4% | 94.4% | 85.2% | 84.9% | 90.1% | 94.1% |
| ▆█▃▆▅▅▁▅ | Cost of Funds (%) | 2.17% | 2.31% | 2.04% | 2.16% | 2.13% | 2.15% | 1.91% | 2.13% |
| ▃▅██▆▆▂▁ | NPA / Assets (%) | 2.02% | 2.21% | 2.85% | 2.73% | 2.36% | 2.38% | 1.82% | 1.54% |
| ▃▃█▇▆▅▂▁ | Net Charge-Off Ratio (%) | 2.76% | 2.82% | 3.78% | 3.53% | 3.32% | 3.08% | 2.69% | 2.34% |
| ▂▄▂▁▃▆██ | Tang. Book Value ($M) | $26 | $26 | $26 | $26 | $26 | $27 | $27 | $27 |
| ▁▂▄█▆█▄▁ | Gross Loans ($M) | $253 | $255 | $258 | $263 | $260 | $262 | $258 | $253 |
| ▄▁▁▁▅▁██ | Total Deposits ($M) | $292 | $272 | $278 | $278 | $300 | $275 | $317 | $321 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 24% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 15% |