Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.29% | +0.51 | -0.21% |
| Return on Equity (%) | ▲ | 2.24% | +3.75 | -1.51% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.29 | 3.63% |
| Efficiency Ratio (%) | ▲ | 79.79% | -10.25 | 90.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.42 | $0 |
| Cost of Funds (%) | ▲ | 2.31% | -0.33 | 2.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $396 | +90.35 | $306 |
| Gross Loans ($M) | ▲ | $314 | +80.84 | $233 |
| Loan Growth YoY (%) | ▼ | 89.15% | -2.44 | 91.59% |
| Total Deposits ($M) | ▲ | $346 | +96.38 | $250 |
| Shareholders Equity ($M) | ▲ | $49 | +1.64 | $47 |
| Tang. Book Value ($M) | ▲ | $48 | +1.63 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 89.15% | -2.44 | 91.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.23% | +0.39 | 0.84% |
| Allowance / Loans (%) | — | 1.63% | -0.13% | 1.76% |
| Net Charge-Off Ratio (%) | ▼ | 1.55% | +0.44 | 1.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▆██ | Net Interest Margin (%) | 3.43% | 3.44% | 3.40% | 3.63% | 3.65% | 3.78% | 3.94% | 3.93% |
| ▁▇▄▆▆███ | Return on Assets (%) | -1.42% | -0.09% | -0.68% | -0.21% | -0.26% | 0.17% | 0.10% | 0.29% |
| ██▅▃▂▁▁▁ | Efficiency Ratio (%) | 109.2% | 106.2% | 95.0% | 90.0% | 86.4% | 82.7% | 82.8% | 79.8% |
| ██▅▅▁▂▃▁ | Cost of Funds (%) | 2.93% | 2.98% | 2.68% | 2.64% | 2.24% | 2.39% | 2.42% | 2.31% |
| ▂▁▄▄▃▄█▇ | NPA / Assets (%) | 0.57% | 0.40% | 0.87% | 0.84% | 0.76% | 0.85% | 1.42% | 1.23% |
| ▂▁▄▄▄▄█▇ | Net Charge-Off Ratio (%) | 0.73% | 0.54% | 1.11% | 1.11% | 1.10% | 1.07% | 1.74% | 1.55% |
| ▁▁██████ | Tang. Book Value ($M) | $30 | $32 | $47 | $47 | $47 | $48 | $48 | $48 |
| ▁▁▃▃▄▆▇█ | Gross Loans ($M) | $198 | $209 | $236 | $233 | $255 | $274 | $292 | $314 |
| ▁▂▃▂▆▅▅█ | Total Deposits ($M) | $224 | $243 | $255 | $250 | $311 | $297 | $294 | $346 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 16% |