Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.49 | 0.58% |
| Return on Equity (%) | ▲ | 11.60% | +4.42 | 7.18% |
| Net Interest Margin (%) | ▲ | 4.56% | +0.51 | 4.05% |
| Efficiency Ratio (%) | ▲ | 68.19% | -3.48 | 71.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $0 |
| Cost of Funds (%) | ▲ | 0.80% | -0.16 | 0.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +1.44 | $151 |
| Gross Loans ($M) | ▲ | $99 | +7.70 | $92 |
| Loan Growth YoY (%) | ▲ | 75.20% | +8.87 | 66.32% |
| Total Deposits ($M) | ▼ | $130 | -5.81 | $136 |
| Shareholders Equity ($M) | ▲ | $14 | +1.45 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.45 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.22 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 75.20% | +8.87 | 66.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.01% | -0.21 | 1.21% |
| Allowance / Loans (%) | — | 1.56% | -0.10% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 1.54% | -0.45 | 2.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.58% | +0.06 | 15.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▄▇█ | Net Interest Margin (%) | 4.01% | 4.04% | 4.02% | 4.05% | 4.13% | 4.25% | 4.44% | 4.56% |
| ▇▇▃▁▃▄██ | Return on Assets (%) | 1.00% | 1.00% | 0.72% | 0.58% | 0.74% | 0.80% | 1.02% | 1.07% |
| ▂▂▁█▆▃▇▄ | Efficiency Ratio (%) | 67.2% | 67.0% | 65.8% | 71.7% | 69.7% | 67.7% | 70.4% | 68.2% |
| █▇▄▅▄▃▁▁ | Cost of Funds (%) | 1.13% | 1.08% | 0.95% | 0.96% | 0.91% | 0.88% | 0.77% | 0.80% |
| ▂██▆▄▇▃▁ | NPA / Assets (%) | 1.07% | 1.33% | 1.29% | 1.21% | 1.16% | 1.26% | 1.09% | 1.01% |
| ▅█▇▅▅▅▂▁ | Net Charge-Off Ratio (%) | 1.97% | 2.35% | 2.17% | 2.00% | 1.98% | 2.01% | 1.73% | 1.54% |
| ▃▁▁▃▆█▆█ | Tang. Book Value ($M) | $13 | $12 | $12 | $13 | $13 | $14 | $13 | $14 |
| ▁▁▁▃▂▆▄█ | Gross Loans ($M) | $88 | $87 | $88 | $92 | $90 | $95 | $92 | $99 |
| █▇▃▄▆▄▁▁ | Total Deposits ($M) | $145 | $141 | $133 | $136 | $139 | $136 | $129 | $130 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 31% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 8% |