Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.18 | 1.05% |
| Return on Equity (%) | ▼ | 20.48% | -2.11 | 22.59% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.18 | 3.41% |
| Efficiency Ratio (%) | ▲ | 67.32% | -4.27 | 71.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.06 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $349 | +6.19 | $343 |
| Gross Loans ($M) | ▲ | $232 | +22.03 | $210 |
| Loan Growth YoY (%) | ▲ | 70.24% | +6.55 | 63.69% |
| Total Deposits ($M) | ▲ | $327 | +1.82 | $325 |
| Shareholders Equity ($M) | ▲ | $22 | +4.25 | $17 |
| Tang. Book Value ($M) | ▲ | $22 | +4.25 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +4.61 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 70.24% | +6.55 | 63.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.55% | +0.08 | 0.47% |
| Allowance / Loans (%) | — | 1.06% | -0.35% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 0.83% | +0.06 | 0.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.36% | -0.15 | 12.51% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▇█ | Net Interest Margin (%) | 3.35% | 3.35% | 3.34% | 3.41% | 3.44% | 3.45% | 3.53% | 3.58% |
| ▁▂▄▄▄▅██ | Return on Assets (%) | 0.87% | 0.92% | 1.03% | 1.05% | 1.03% | 1.06% | 1.21% | 1.23% |
| ▅█▄▄▄▄▁▁ | Efficiency Ratio (%) | 74.2% | 78.6% | 71.8% | 71.6% | 71.9% | 72.3% | 67.9% | 67.3% |
| █▇▂▃▃▄▁▁ | Cost of Funds (%) | 1.57% | 1.54% | 1.43% | 1.46% | 1.46% | 1.48% | 1.41% | 1.40% |
| ▁▅▄▆▄▅▆█ | NPA / Assets (%) | 0.28% | 0.45% | 0.39% | 0.47% | 0.41% | 0.43% | 0.47% | 0.55% |
| ▁▆▅▇▅▅▆█ | Net Charge-Off Ratio (%) | 0.44% | 0.71% | 0.64% | 0.76% | 0.66% | 0.65% | 0.72% | 0.83% |
| ▃▁▂▄▆█▇█ | Tang. Book Value ($M) | $17 | $14 | $15 | $17 | $20 | $22 | $20 | $22 |
| ▁▁▁▂▄███ | Gross Loans ($M) | $206 | $208 | $209 | $210 | $218 | $231 | $233 | $232 |
| ▁▄▅▅▇▆█▆ | Total Deposits ($M) | $306 | $318 | $323 | $325 | $330 | $327 | $338 | $327 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 33% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 15% |