Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.00 | 0.84% |
| Return on Equity (%) | ▲ | 5.27% | +0.09 | 5.18% |
| Net Interest Margin (%) | ▼ | 3.33% | -0.05 | 3.38% |
| Efficiency Ratio (%) | ▲ | 60.26% | -0.88 | 61.14% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 2.00% | -0.09 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $122 | +9.97 | $113 |
| Gross Loans ($M) | ▲ | $81 | +3.46 | $77 |
| Loan Growth YoY (%) | ▼ | 77.49% | -3.80 | 81.30% |
| Total Deposits ($M) | ▲ | $103 | +8.96 | $94 |
| Shareholders Equity ($M) | ▲ | $19 | +0.97 | $18 |
| Tang. Book Value ($M) | ▲ | $13 | +1.10 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.24 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 77.49% | -3.80 | 81.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 4.18% | -0.27 | 4.44% |
| Allowance / Loans (%) | — | 1.09% | 0.07% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 6.35% | -0.13 | 6.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▂▂▂▁▁ | Net Interest Margin (%) | 3.70% | 3.59% | 3.34% | 3.38% | 3.40% | 3.39% | 3.35% | 3.33% |
| ▁▁█▇███▇ | Return on Assets (%) | 0.56% | 0.59% | 0.92% | 0.84% | 0.88% | 0.87% | 0.90% | 0.84% |
| █▇▁▇▅▅▃▆ | Efficiency Ratio (%) | 62.5% | 61.1% | 56.4% | 61.1% | 59.9% | 59.8% | 58.4% | 60.3% |
| ▁█████▇▇ | Cost of Funds (%) | 1.60% | 2.03% | 2.06% | 2.08% | 2.06% | 2.08% | 2.00% | 2.00% |
| █▄▃▃▁▁▁▁ | NPA / Assets (%) | 5.12% | 4.55% | 4.49% | 4.44% | 4.20% | 4.16% | 4.25% | 4.18% |
| █▄▄▃▂▁▂▂ | Net Charge-Off Ratio (%) | 7.24% | 6.71% | 6.71% | 6.48% | 6.33% | 6.19% | 6.33% | 6.35% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $12 | $12 | $12 | $13 |
| ▁▄▄▆▆▇██ | Gross Loans ($M) | $71 | $75 | $75 | $77 | $77 | $79 | $80 | $81 |
| ▁▅▅▅▇▇██ | Total Deposits ($M) | $82 | $92 | $93 | $94 | $98 | $98 | $100 | $103 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 20% |