Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.37% | -0.66 | 2.03% |
| Return on Equity (%) | ▼ | 10.01% | -6.87 | 16.88% |
| Net Interest Margin (%) | ▼ | 5.24% | -0.36 | 5.59% |
| Efficiency Ratio (%) | ▼ | 62.27% | +7.41 | 54.87% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.19 | $2 |
| Cost of Funds (%) | ▲ | 2.32% | -0.26 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $306 | +41.84 | $264 |
| Gross Loans ($M) | ▲ | $262 | +42.59 | $219 |
| Loan Growth YoY (%) | ▲ | 99.41% | +4.16 | 95.25% |
| Total Deposits ($M) | ▲ | $260 | +32.88 | $227 |
| Shareholders Equity ($M) | ▲ | $42 | +9.05 | $33 |
| Tang. Book Value ($M) | ▲ | $42 | +9.05 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 99.41% | +4.16 | 95.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.38% | -0.18 | 1.55% |
| Allowance / Loans (%) | — | 1.22% | -0.04% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 1.61% | +0.93 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.40% | +1.01 | 13.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▄▃███▁▄ | Net Interest Margin (%) | 5.13% | 5.26% | 5.22% | 5.59% | 5.63% | 5.64% | 4.99% | 5.24% |
| ▆▅▇█▇█▁▂ | Return on Assets (%) | 1.73% | 1.70% | 1.87% | 2.03% | 1.91% | 1.98% | 1.15% | 1.37% |
| ▁▁▃▁▂▁█▆ | Efficiency Ratio (%) | 53.8% | 53.8% | 56.8% | 54.9% | 56.4% | 54.6% | 65.4% | 62.3% |
| █▅▄▄▃▃▁▂ | Cost of Funds (%) | 3.26% | 2.71% | 2.59% | 2.57% | 2.46% | 2.32% | 2.00% | 2.32% |
| █▆▃▃▃▁▇▁ | NPA / Assets (%) | 2.08% | 1.88% | 1.58% | 1.55% | 1.56% | 1.32% | 1.99% | 1.38% |
| █▂▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 1.85% | 0.95% | 0.66% | 0.68% | 0.76% | 0.73% | 1.82% | 1.61% |
| ▁▁▂▃▄▇██ | Tang. Book Value ($M) | $29 | $30 | $32 | $33 | $34 | $40 | $41 | $42 |
| ▁▁▄▃▃▅▇█ | Gross Loans ($M) | $203 | $210 | $225 | $219 | $224 | $234 | $249 | $262 |
| ▁▃▃▃▄▃█▆ | Total Deposits ($M) | $207 | $227 | $227 | $227 | $239 | $228 | $278 | $260 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 33% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |