Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.78% | -0.51 | 1.29% |
| Return on Equity (%) | ▼ | 7.81% | -5.91 | 13.72% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.07 | 4.21% |
| Efficiency Ratio (%) | ▼ | 77.63% | +9.91 | 67.72% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.49 | $1 |
| Cost of Funds (%) | ▲ | 3.28% | -0.09 | 3.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +3.15 | $178 |
| Gross Loans ($M) | ▲ | $161 | +3.50 | $157 |
| Loan Growth YoY (%) | ▼ | 97.69% | -1.01 | 98.70% |
| Total Deposits ($M) | ▲ | $163 | +5.43 | $157 |
| Shareholders Equity ($M) | ▲ | $18 | +0.78 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +0.78 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 97.69% | -1.01 | 98.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.73% | +2.11 | 2.61% |
| Allowance / Loans (%) | — | 1.17% | -0.16% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 3.96% | +1.12 | 2.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▃▃▃█▄ | Net Interest Margin (%) | 4.14% | 4.21% | 4.07% | 4.21% | 4.21% | 4.25% | 4.58% | 4.29% |
| ██▆██▇█▁ | Return on Assets (%) | 1.27% | 1.28% | 1.15% | 1.29% | 1.24% | 1.22% | 1.27% | 0.78% |
| ▁▁▄▃▄▄▂█ | Efficiency Ratio (%) | 63.6% | 64.1% | 70.0% | 67.7% | 69.3% | 69.5% | 66.7% | 77.6% |
| ██▅▅▇▃▁▃ | Cost of Funds (%) | 3.63% | 3.59% | 3.41% | 3.38% | 3.51% | 3.26% | 3.10% | 3.28% |
| ▁▁▁▂▇▆▆█ | NPA / Assets (%) | 2.31% | 2.35% | 2.61% | 2.61% | 4.23% | 4.12% | 3.97% | 4.73% |
| ▁▁▂▂█▅▃▇ | Net Charge-Off Ratio (%) | 2.40% | 2.48% | 2.79% | 2.84% | 4.38% | 3.45% | 3.12% | 3.96% |
| ▁▂▄▃▆▆█▇ | Tang. Book Value ($M) | $16 | $16 | $17 | $17 | $17 | $17 | $18 | $18 |
| ██▃▂▁▃▁▄ | Gross Loans ($M) | $168 | $167 | $159 | $157 | $154 | $158 | $155 | $161 |
| ▁▂▅▆▂▄▆█ | Total Deposits ($M) | $147 | $150 | $157 | $157 | $151 | $155 | $158 | $163 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 13% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 22% |