Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.70% | -0.14 | 0.83% |
| Return on Equity (%) | ▲ | 5.20% | +0.49 | 4.71% |
| Net Interest Margin (%) | ▼ | 3.50% | -0.17 | 3.66% |
| Efficiency Ratio (%) | ▲ | 62.02% | -15.19 | 77.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.63 | $1 |
| Cost of Funds (%) | ▲ | 3.04% | -0.03 | 3.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $317 | +72.89 | $244 |
| Gross Loans ($M) | ▲ | $268 | +64.00 | $204 |
| Loan Growth YoY (%) | ▼ | 98.52% | -1.43 | 99.95% |
| Total Deposits ($M) | ▲ | $269 | +66.92 | $202 |
| Shareholders Equity ($M) | ▲ | $42 | +2.58 | $39 |
| Tang. Book Value ($M) | ▲ | $42 | +2.58 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 98.52% | -1.43 | 99.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.14% | 0.12% | 1.02% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.65% | -3.83 | 19.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▃▅▆▅▁▃ | Net Interest Margin (%) | 3.91% | 3.80% | 3.52% | 3.66% | 3.73% | 3.68% | 3.35% | 3.50% |
| ▁▂▂█▇▇▆▇ | Return on Assets (%) | -0.14% | 0.00% | 0.07% | 0.83% | 0.71% | 0.67% | 0.47% | 0.70% |
| ██▆▄▄▃▂▁ | Efficiency Ratio (%) | 93.8% | 89.9% | 82.5% | 77.2% | 74.2% | 73.8% | 67.1% | 62.0% |
| ▃▇▁▆██▅▅ | Cost of Funds (%) | 2.99% | 3.09% | 2.94% | 3.07% | 3.11% | 3.11% | 3.04% | 3.04% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▃▄▅▇█ | Tang. Book Value ($M) | $38 | $38 | $38 | $39 | $40 | $40 | $41 | $42 |
| ▁▂▄▅▆▆▇█ | Gross Loans ($M) | $116 | $140 | $175 | $204 | $215 | $221 | $249 | $268 |
| ▁▁▂▄▆▇██ | Total Deposits ($M) | $145 | $155 | $174 | $202 | $229 | $251 | $271 | $269 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 20% |