Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.91% | -0.29 | 1.20% |
| Return on Equity (%) | ▼ | 8.47% | -4.35 | 12.82% |
| Net Interest Margin (%) | ▲ | 4.50% | +0.46 | 4.04% |
| Efficiency Ratio (%) | ▼ | 73.83% | +4.95 | 68.88% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.48% | -0.29 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $102 | -9.17 | $111 |
| Gross Loans ($M) | ▼ | $72 | -3.81 | $76 |
| Loan Growth YoY (%) | ▲ | 83.81% | +2.60 | 81.22% |
| Total Deposits ($M) | ▼ | $85 | -7.39 | $93 |
| Shareholders Equity ($M) | ▲ | $12 | +0.63 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +0.63 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 83.81% | +2.60 | 81.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.17% | +0.42 | 0.75% |
| Allowance / Loans (%) | — | 1.07% | 0.02% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 1.66% | +1.07 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▇█ | Net Interest Margin (%) | 3.31% | 3.46% | 3.81% | 4.04% | 4.10% | 4.17% | 4.34% | 4.50% |
| ▁▁█▇▆▆▄▅ | Return on Assets (%) | 0.27% | 0.36% | 1.38% | 1.20% | 1.07% | 1.05% | 0.82% | 0.91% |
| █▇▁▁▂▁▃▃ | Efficiency Ratio (%) | 90.2% | 87.2% | 67.7% | 68.9% | 70.7% | 70.5% | 75.5% | 73.8% |
| █▇▅▄▄▁▁▁ | Cost of Funds (%) | 2.24% | 2.12% | 1.89% | 1.77% | 1.82% | 1.55% | 1.48% | 1.48% |
| ▁▁▁▂██▆▅ | NPA / Assets (%) | 0.63% | 0.51% | 0.50% | 0.75% | 1.79% | 1.80% | 1.42% | 1.17% |
| ▂▁▁▁███▆ | Net Charge-Off Ratio (%) | 0.90% | 0.72% | 0.71% | 0.59% | 2.09% | 2.09% | 2.03% | 1.66% |
| ▃▁▄▆▆███ | Tang. Book Value ($M) | $10 | $10 | $10 | $11 | $11 | $11 | $11 | $12 |
| ██▆▅▅▆▃▁ | Gross Loans ($M) | $78 | $78 | $77 | $76 | $76 | $76 | $74 | $72 |
| █▇▇█▆▃▂▁ | Total Deposits ($M) | $93 | $92 | $91 | $93 | $91 | $88 | $87 | $85 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |