Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.50 | 0.52% |
| Return on Equity (%) | ▲ | 9.32% | +4.43 | 4.89% |
| Net Interest Margin (%) | ▲ | 2.43% | +0.60 | 1.84% |
| Efficiency Ratio (%) | ▲ | 52.42% | -13.00 | 65.42% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.69 | $1 |
| Cost of Funds (%) | ▲ | 2.72% | -0.48 | 3.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $484 | +24.23 | $460 |
| Gross Loans ($M) | ▲ | $430 | +21.95 | $408 |
| Loan Growth YoY (%) | ▼ | 104.89% | -0.46 | 105.35% |
| Total Deposits ($M) | ▲ | $405 | +22.48 | $383 |
| Shareholders Equity ($M) | ▲ | $54 | +4.73 | $50 |
| Tang. Book Value ($M) | ▲ | $54 | +4.75 | $50 |
| Loan / Deposit Ratio (%) | ▼ | 104.89% | -0.46 | 105.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.91% | +0.91 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | -0.02% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.03% | +1.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 1.20% | 1.29% | 1.73% | 1.84% | 1.92% | 2.03% | 2.38% | 2.43% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 0.01% | 0.09% | 0.46% | 0.52% | 0.54% | 0.59% | 1.04% | 1.02% |
| █▇▃▂▂▂▁▁ | Efficiency Ratio (%) | 109.8% | 98.4% | 68.9% | 65.4% | 63.3% | 59.7% | 55.0% | 52.4% |
| █▇▄▄▃▂▁▁ | Cost of Funds (%) | 3.90% | 3.63% | 3.27% | 3.21% | 3.15% | 2.97% | 2.82% | 2.72% |
| ▁▁▁▁▁▄▄█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.40% | 0.40% | 0.91% |
| ▁▁▁▁▁▄▄█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.44% | 0.45% | 1.03% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $48 | $48 | $49 | $50 | $50 | $51 | $53 | $54 |
| ▁▁▁▂▅█▇█ | Gross Loans ($M) | $404 | $404 | $401 | $408 | $418 | $431 | $425 | $430 |
| ▅▄▁▃██▇▇ | Total Deposits ($M) | $391 | $384 | $368 | $383 | $406 | $411 | $404 | $405 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 36% |