Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.77% | -2.02 | 2.79% |
| Return on Equity (%) | ▼ | 7.59% | -20.83 | 28.42% |
| Net Interest Margin (%) | ▼ | 4.85% | -1.62 | 6.47% |
| Efficiency Ratio (%) | ▼ | 77.66% | +23.56 | 54.10% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.36 | $1 |
| Cost of Funds (%) | ▲ | 2.03% | -0.40 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $211 | +0.91 | $210 |
| Gross Loans ($M) | ▲ | $177 | +8.68 | $169 |
| Loan Growth YoY (%) | ▲ | 92.67% | +3.36 | 89.31% |
| Total Deposits ($M) | ▲ | $187 | +1.16 | $186 |
| Shareholders Equity ($M) | ▼ | $22 | -0.11 | $22 |
| Tang. Book Value ($M) | ▲ | $20 | +0.06 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 92.67% | +3.36 | 89.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.97% | +0.53 | 2.44% |
| Allowance / Loans (%) | — | 2.30% | 0.70% | 1.60% |
| Net Charge-Off Ratio (%) | ▼ | 3.54% | +0.50 | 3.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▇▆▆▄▄ | Net Interest Margin (%) | 2.94% | 2.95% | 7.05% | 6.47% | 5.91% | 5.73% | 4.83% | 4.85% |
| ▃▃█▆▁▃▃▃ | Return on Assets (%) | 0.65% | 0.58% | 4.61% | 2.79% | -0.93% | 0.82% | 0.73% | 0.77% |
| ▆▇▁▃▄▅██ | Efficiency Ratio (%) | 69.9% | 73.6% | 45.5% | 54.1% | 60.9% | 65.1% | 78.3% | 77.7% |
| ▁▁▇██▇▇▇ | Cost of Funds (%) | 0.78% | 0.82% | 2.19% | 2.43% | 2.43% | 2.22% | 2.06% | 2.03% |
| ▁▁▆▇▆▆██ | NPA / Assets (%) | 0.00% | 0.00% | 2.13% | 2.44% | 2.11% | 2.09% | 2.62% | 2.97% |
| ▁▁▇▇▆▆██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 2.78% | 3.04% | 2.48% | 2.45% | 3.11% | 3.54% |
| ▁▁██▇███ | Tang. Book Value ($M) | $4 | $4 | $19 | $20 | $17 | $20 | $20 | $20 |
| ▁▁██████ | Gross Loans ($M) | $11 | $11 | $169 | $169 | $181 | $182 | $178 | $177 |
| ▁▁██████ | Total Deposits ($M) | $49 | $46 | $191 | $186 | $191 | $190 | $187 | $187 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 25% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 39% |
| Brokered / Other | 38% |