Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.55% | -0.31 | 0.86% |
| Return on Equity (%) | ▼ | 4.56% | -3.38 | 7.94% |
| Net Interest Margin (%) | ▲ | 4.99% | +0.53 | 4.46% |
| Efficiency Ratio (%) | ▼ | 83.20% | +9.14 | 74.06% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.55 | $1 |
| Cost of Funds (%) | ▼ | 0.30% | +0.03 | 0.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $297 | -7.89 | $305 |
| Gross Loans ($M) | ▼ | $223 | -9.22 | $232 |
| Loan Growth YoY (%) | ▼ | 84.30% | -0.22 | 84.52% |
| Total Deposits ($M) | ▼ | $260 | -10.04 | $270 |
| Shareholders Equity ($M) | ▲ | $36 | +2.09 | $34 |
| Tang. Book Value ($M) | ▲ | $36 | +2.09 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +2.05 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 84.30% | -0.22 | 84.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.16% | +0.83 | 2.33% |
| Allowance / Loans (%) | — | 1.63% | -0.01% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 3.28% | +0.22 | 3.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 4.27% | 4.29% | 4.34% | 4.46% | 4.56% | 4.67% | 4.84% | 4.99% |
| █▇▇███▅▁ | Return on Assets (%) | 0.84% | 0.82% | 0.81% | 0.86% | 0.85% | 0.87% | 0.73% | 0.55% |
| ▁▁▃▂▃▃▆█ | Efficiency Ratio (%) | 72.2% | 73.2% | 75.2% | 74.1% | 75.0% | 75.0% | 79.4% | 83.2% |
| █▆▄▁▁▃▂▂ | Cost of Funds (%) | 0.39% | 0.36% | 0.32% | 0.28% | 0.28% | 0.31% | 0.30% | 0.30% |
| ▂▁▁▁▁▁█▇ | NPA / Assets (%) | 2.40% | 2.35% | 2.31% | 2.33% | 2.24% | 2.28% | 3.41% | 3.16% |
| █▇▇▇▁▁██ | Net Charge-Off Ratio (%) | 3.21% | 3.13% | 3.07% | 3.06% | 1.90% | 1.93% | 3.34% | 3.28% |
| ▁▂▃▅▆███ | Tang. Book Value ($M) | $32 | $32 | $33 | $34 | $35 | $36 | $36 | $36 |
| ██▆█▂▃▁▁ | Gross Loans ($M) | $233 | $233 | $229 | $232 | $224 | $226 | $224 | $223 |
| ▇█▆▅▆▅▁▁ | Total Deposits ($M) | $274 | $277 | $271 | $270 | $270 | $269 | $258 | $260 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 1% |