Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.93% | -0.08 | 1.02% |
| Return on Equity (%) | ▼ | 23.54% | -19.62 | 43.16% |
| Net Interest Margin (%) | ▼ | 2.65% | -0.27 | 2.92% |
| Efficiency Ratio (%) | ▼ | 56.83% | +0.85 | 55.98% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▼ | 1.95% | +0.41 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $447 | +39.72 | $407 |
| Gross Loans ($M) | ▲ | $177 | +12.16 | $165 |
| Loan Growth YoY (%) | ▲ | 44.34% | +0.06 | 44.29% |
| Total Deposits ($M) | ▲ | $396 | +26.72 | $370 |
| Shareholders Equity ($M) | ▲ | $18 | +5.74 | $12 |
| Tang. Book Value ($M) | ▲ | $18 | +5.74 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +7.28 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 44.34% | +0.06 | 44.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.21 | 0.36% |
| Allowance / Loans (%) | — | 0.60% | 0.01% | 0.59% |
| Net Charge-Off Ratio (%) | ▼ | 1.44% | +0.54 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆███▁▂ | Net Interest Margin (%) | 2.58% | 2.58% | 2.83% | 2.92% | 2.97% | 2.94% | 2.57% | 2.65% |
| ▂▁▇██▃▅▅ | Return on Assets (%) | 0.82% | 0.74% | 0.98% | 1.02% | 1.05% | 0.84% | 0.92% | 0.93% |
| ▅█▂▁▁▁▁▂ | Efficiency Ratio (%) | 59.9% | 63.4% | 57.5% | 56.0% | 55.6% | 56.4% | 56.1% | 56.8% |
| ▆▆▃▂▁▁██ | Cost of Funds (%) | 1.81% | 1.79% | 1.62% | 1.53% | 1.50% | 1.47% | 1.93% | 1.95% |
| ▃▁▁▂▂▁▅█ | NPA / Assets (%) | 0.40% | 0.33% | 0.34% | 0.36% | 0.37% | 0.33% | 0.46% | 0.57% |
| ▂▁▁▁▂▁▅█ | Net Charge-Off Ratio (%) | 0.96% | 0.82% | 0.84% | 0.90% | 0.91% | 0.85% | 1.19% | 1.44% |
| ▄▁▃▅████ | Tang. Book Value ($M) | $12 | $6 | $10 | $12 | $18 | $18 | $17 | $18 |
| ▁▁▂▂▃▆▇█ | Gross Loans ($M) | $161 | $162 | $164 | $165 | $166 | $172 | $175 | $177 |
| ▁▆▆▅▁▆▇█ | Total Deposits ($M) | $340 | $376 | $382 | $370 | $340 | $378 | $387 | $396 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 7% |