Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.37% | -0.02 | 1.39% |
| Return on Equity (%) | ▼ | 8.53% | -0.57 | 9.10% |
| Net Interest Margin (%) | ▼ | 4.63% | -0.22 | 4.85% |
| Efficiency Ratio (%) | ▲ | 57.03% | -1.25 | 58.28% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.04 | $2 |
| Cost of Funds (%) | ▲ | 1.47% | -0.07 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $369 | +18.73 | $350 |
| Gross Loans ($M) | ▲ | $269 | +13.33 | $256 |
| Loan Growth YoY (%) | ▼ | 94.16% | -2.97 | 97.13% |
| Total Deposits ($M) | ▲ | $283 | +22.43 | $261 |
| Shareholders Equity ($M) | ▲ | $60 | +4.68 | $56 |
| Tang. Book Value ($M) | ▲ | $60 | +4.68 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $63 | +4.88 | $58 |
| Loan / Deposit Ratio (%) | ▼ | 94.16% | -2.97 | 97.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.26% | -0.33 | 1.59% |
| Allowance / Loans (%) | — | 0.93% | -0.06% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 1.73% | +0.36 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄█▆▆▃▆ | Net Interest Margin (%) | 4.22% | 4.27% | 4.51% | 4.85% | 4.64% | 4.62% | 4.41% | 4.63% |
| ▇▄▆█▃▄▁█ | Return on Assets (%) | 1.36% | 1.28% | 1.33% | 1.39% | 1.27% | 1.29% | 1.21% | 1.37% |
| ▆▅█▃▇█▇▁ | Efficiency Ratio (%) | 59.7% | 59.6% | 61.3% | 58.3% | 60.6% | 61.0% | 60.3% | 57.0% |
| ▁▄▁█▇▇▆▆ | Cost of Funds (%) | 1.36% | 1.43% | 1.34% | 1.54% | 1.51% | 1.50% | 1.47% | 1.47% |
| ▆█▅▂▂▃▁▁ | NPA / Assets (%) | 2.39% | 2.81% | 2.15% | 1.59% | 1.52% | 1.74% | 1.37% | 1.26% |
| ▇█▄▁▂▃▃▂ | Net Charge-Off Ratio (%) | 2.89% | 3.39% | 2.17% | 1.36% | 1.78% | 2.06% | 1.90% | 1.73% |
| ▁▂▃▄▆▇▇█ | Tang. Book Value ($M) | $51 | $52 | $54 | $56 | $57 | $58 | $59 | $60 |
| ▅▅▁▁▂▅▇█ | Gross Loans ($M) | $264 | $264 | $258 | $256 | $259 | $263 | $267 | $269 |
| ▄▁▃▁▆▆██ | Total Deposits ($M) | $270 | $262 | $268 | $261 | $277 | $277 | $283 | $283 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 4% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 5% |