Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.27% | -0.47 | 0.73% |
| Return on Equity (%) | ▼ | 3.33% | -8.09 | 11.42% |
| Net Interest Margin (%) | ▲ | 2.91% | +0.13 | 2.78% |
| Efficiency Ratio (%) | ▼ | 91.36% | +1.31 | 90.05% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.07 | $0 |
| Cost of Funds (%) | ▲ | 0.46% | -0.12 | 0.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $295 | -0.27 | $295 |
| Gross Loans ($M) | ▲ | $83 | +4.58 | $78 |
| Loan Growth YoY (%) | ▲ | 29.94% | +2.16 | 27.78% |
| Total Deposits ($M) | ▼ | $270 | -4.36 | $274 |
| Shareholders Equity ($M) | ▲ | $24 | +3.92 | $21 |
| Tang. Book Value ($M) | ▲ | $24 | +3.92 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.76 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 29.94% | +2.16 | 27.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.96% | +0.58 | 0.38% |
| Allowance / Loans (%) | — | 2.58% | -0.18% | 2.76% |
| Net Charge-Off Ratio (%) | ▼ | 3.42% | +2.16 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 26.65% | -0.56 | 27.21% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▄▆▇▄█ | Net Interest Margin (%) | 2.69% | 2.70% | 2.65% | 2.78% | 2.84% | 2.85% | 2.76% | 2.91% |
| ▄█▄▇▅▄▁▂ | Return on Assets (%) | 0.47% | 0.87% | 0.46% | 0.73% | 0.56% | 0.44% | 0.16% | 0.27% |
| ▁▁█▅▆▇█▆ | Efficiency Ratio (%) | 83.9% | 82.8% | 95.9% | 90.1% | 91.1% | 92.7% | 94.6% | 91.4% |
| ██▅▄▅▅▂▁ | Cost of Funds (%) | 0.72% | 0.72% | 0.61% | 0.58% | 0.60% | 0.59% | 0.52% | 0.46% |
| ▁▆▆▁▁███ | NPA / Assets (%) | 0.40% | 0.82% | 0.80% | 0.38% | 0.37% | 0.96% | 0.97% | 0.96% |
| ▂█▇▁▁███ | Net Charge-Off Ratio (%) | 1.51% | 3.23% | 3.12% | 1.25% | 1.13% | 3.44% | 3.39% | 3.42% |
| ▁▂▃▅▆███ | Tang. Book Value ($M) | $16 | $18 | $19 | $21 | $22 | $23 | $23 | $24 |
| ▁▂▃▆█▆██ | Gross Loans ($M) | $68 | $70 | $72 | $78 | $82 | $79 | $81 | $83 |
| ▁▇█▆▁▇▅▄ | Total Deposits ($M) | $265 | $275 | $278 | $274 | $265 | $275 | $272 | $270 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 13% |
| Consumer | 14% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 8% |