Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.77 | 0.24% |
| Return on Equity (%) | ▲ | 6.56% | +4.68 | 1.88% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.96 | 2.62% |
| Efficiency Ratio (%) | ▲ | 72.72% | -14.33 | 87.05% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.26 | $0 |
| Cost of Funds (%) | ▲ | 1.55% | -0.51 | 2.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $146 | -6.25 | $153 |
| Gross Loans ($M) | ▲ | $93 | +6.95 | $86 |
| Loan Growth YoY (%) | ▲ | 76.86% | +1.36 | 75.50% |
| Total Deposits ($M) | ▲ | $120 | +6.99 | $113 |
| Shareholders Equity ($M) | ▲ | $23 | +2.32 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +2.32 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +0.96 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 76.86% | +1.36 | 75.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.24% | +0.35 | 0.89% |
| Allowance / Loans (%) | — | 0.98% | -0.02% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 1.52% | +0.15 | 1.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▆██ | Net Interest Margin (%) | 2.02% | 2.10% | 2.48% | 2.62% | 2.73% | 3.01% | 3.39% | 3.58% |
| ▃▂▁▂▃▃▇█ | Return on Assets (%) | 0.35% | 0.24% | 0.04% | 0.24% | 0.33% | 0.32% | 0.83% | 1.01% |
| ▆▇█▇▇▇▂▁ | Efficiency Ratio (%) | 84.4% | 86.1% | 89.6% | 87.1% | 85.5% | 86.1% | 76.6% | 72.7% |
| █▇▅▇▅▂▁▁ | Cost of Funds (%) | 2.16% | 2.05% | 1.90% | 2.06% | 1.92% | 1.67% | 1.56% | 1.55% |
| ▅▅▄▅▄▁██ | NPA / Assets (%) | 0.90% | 0.91% | 0.83% | 0.89% | 0.86% | 0.47% | 1.26% | 1.24% |
| █▇▅▅▅▁█▆ | Net Charge-Off Ratio (%) | 1.74% | 1.65% | 1.27% | 1.37% | 1.29% | 0.57% | 1.85% | 1.52% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $19 | $19 | $20 | $20 | $21 | $22 | $22 | $23 |
| ▁▂▃▅▃▄▆█ | Gross Loans ($M) | $79 | $82 | $84 | $86 | $83 | $86 | $88 | $93 |
| ▇▅▁▁▄▄▇█ | Total Deposits ($M) | $119 | $117 | $113 | $113 | $116 | $116 | $119 | $120 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 10% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 18% |