Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.10 | 0.77% |
| Return on Equity (%) | ▼ | 13.80% | -4.80 | 18.60% |
| Net Interest Margin (%) | ▲ | 2.64% | +0.32 | 2.32% |
| Efficiency Ratio (%) | ▲ | 61.58% | -3.27 | 64.84% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.36% | -0.17 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $198 | -6.53 | $205 |
| Gross Loans ($M) | ▼ | $65 | -3.09 | $68 |
| Loan Growth YoY (%) | ▼ | 34.66% | -1.36 | 36.02% |
| Total Deposits ($M) | ▼ | $185 | -1.57 | $187 |
| Shareholders Equity ($M) | ▲ | $13 | +2.53 | $10 |
| Tang. Book Value ($M) | ▲ | $13 | +2.53 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.53 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 34.66% | -1.36 | 36.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.49% | 0.07% | 1.42% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -20.56 | 20.56% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.05% | 2.11% | 2.33% | 2.32% | 2.37% | 2.42% | 2.57% | 2.64% |
| ▁▁▇▅▅▅█▆ | Return on Assets (%) | 0.52% | 0.54% | 0.91% | 0.77% | 0.81% | 0.77% | 0.99% | 0.87% |
| ██▂▅▂▄▁▂ | Efficiency Ratio (%) | 70.0% | 70.2% | 61.2% | 64.8% | 61.5% | 63.3% | 59.0% | 61.6% |
| █▇▄▃▄▄▂▁ | Cost of Funds (%) | 1.84% | 1.72% | 1.56% | 1.53% | 1.54% | 1.59% | 1.46% | 1.36% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▃▁▃▅▇█▇█ | Tang. Book Value ($M) | $9 | $6 | $8 | $10 | $12 | $13 | $12 | $13 |
| ███▅▆▅▆▁ | Gross Loans ($M) | $70 | $70 | $70 | $68 | $69 | $68 | $69 | $65 |
| ▁▃▂▇█▃▁▇ | Total Deposits ($M) | $175 | $180 | $177 | $187 | $188 | $179 | $176 | $185 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 13% |