Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.98% | -0.68 | 2.66% |
| Return on Equity (%) | ▼ | 13.11% | -5.08 | 18.19% |
| Net Interest Margin (%) | ▼ | 5.80% | -0.39 | 6.18% |
| Efficiency Ratio (%) | ▼ | 64.44% | +7.39 | 57.05% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.67 | $2 |
| Cost of Funds (%) | ▼ | 0.65% | +0.27 | 0.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $199 | +1.09 | $198 |
| Gross Loans ($M) | ▲ | $110 | +1.37 | $108 |
| Loan Growth YoY (%) | ▲ | 64.19% | +0.46 | 63.72% |
| Total Deposits ($M) | ▲ | $167 | +1.00 | $166 |
| Shareholders Equity ($M) | ▲ | $31 | +0.43 | $30 |
| Tang. Book Value ($M) | ▲ | $30 | +0.43 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +0.62 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 64.19% | +0.46 | 63.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.72% | +0.32 | 0.40% |
| Allowance / Loans (%) | — | 2.15% | -0.07% | 2.22% |
| Net Charge-Off Ratio (%) | ▼ | 1.21% | +0.78 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▅▁███▄▁ | Net Interest Margin (%) | 5.92% | 6.04% | 5.83% | 6.18% | 6.20% | 6.21% | 5.96% | 5.80% |
| █▇▂▇▆▇▂▁ | Return on Assets (%) | 2.84% | 2.72% | 2.11% | 2.66% | 2.61% | 2.71% | 2.14% | 1.98% |
| ▁▂█▃▄▃▇█ | Efficiency Ratio (%) | 53.4% | 55.8% | 63.8% | 57.1% | 57.7% | 57.3% | 63.0% | 64.4% |
| ▃▃▂▁▁▁▆█ | Cost of Funds (%) | 0.46% | 0.47% | 0.43% | 0.38% | 0.37% | 0.36% | 0.54% | 0.65% |
| █▃▃▂▁▁▁▆ | NPA / Assets (%) | 0.97% | 0.47% | 0.44% | 0.40% | 0.27% | 0.23% | 0.31% | 0.72% |
| █▂▂▁▁▁▁▇ | Net Charge-Off Ratio (%) | 1.38% | 0.57% | 0.51% | 0.43% | 0.37% | 0.32% | 0.43% | 1.21% |
| ▄▁▃▆█▄▆▇ | Tang. Book Value ($M) | $29 | $27 | $28 | $30 | $31 | $29 | $30 | $30 |
| ▁▁▁▄█▅█▄ | Gross Loans ($M) | $103 | $103 | $103 | $108 | $117 | $111 | $116 | $110 |
| █▆▄▆▁█▇▇ | Total Deposits ($M) | $168 | $166 | $165 | $166 | $163 | $167 | $167 | $167 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 3% |