Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.74% | -0.02 | 0.76% |
| Return on Equity (%) | ▼ | 7.78% | -0.91 | 8.69% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.16 | 4.18% |
| Efficiency Ratio (%) | ▲ | 74.27% | -0.19 | 74.46% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.10 | $2 |
| Cost of Funds (%) | ▼ | 0.80% | +0.05 | 0.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $719 | +17.99 | $701 |
| Gross Loans ($M) | ▲ | $517 | +6.13 | $511 |
| Loan Growth YoY (%) | ▼ | 80.90% | -1.72 | 82.62% |
| Total Deposits ($M) | ▲ | $632 | +20.28 | $612 |
| Shareholders Equity ($M) | ▲ | $68 | +6.79 | $61 |
| Tang. Book Value ($M) | ▲ | $68 | +6.82 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +6.98 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 80.90% | -1.72 | 82.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.08% | +0.07 | 1.01% |
| Allowance / Loans (%) | — | 1.11% | 0.04% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 1.50% | +0.12 | 1.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.65% | +0.84 | 12.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▁▄▆▇██ | Net Interest Margin (%) | 4.07% | 4.14% | 4.07% | 4.18% | 4.25% | 4.28% | 4.33% | 4.34% |
| ██▁▇█▅▆▆ | Return on Assets (%) | 0.77% | 0.77% | 0.64% | 0.76% | 0.77% | 0.72% | 0.74% | 0.74% |
| ▂▆█▄▁▇▄▄ | Efficiency Ratio (%) | 73.0% | 75.5% | 76.7% | 74.5% | 72.3% | 75.7% | 74.4% | 74.3% |
| ▄▆▅▄▁▃▂█ | Cost of Funds (%) | 0.75% | 0.78% | 0.76% | 0.75% | 0.72% | 0.74% | 0.74% | 0.80% |
| ▆█▅▅▁█▆▇ | NPA / Assets (%) | 1.05% | 1.09% | 1.02% | 1.01% | 0.89% | 1.11% | 1.05% | 1.08% |
| ▇█▄▅▁█▇█ | Net Charge-Off Ratio (%) | 1.45% | 1.48% | 1.37% | 1.38% | 1.24% | 1.51% | 1.45% | 1.50% |
| ▁▂▃▄▆▇██ | Tang. Book Value ($M) | $56 | $58 | $59 | $61 | $63 | $66 | $66 | $68 |
| ▁▃▄▆██▇█ | Gross Loans ($M) | $494 | $500 | $505 | $511 | $515 | $516 | $513 | $517 |
| ▃▁▃▄█▄▆█ | Total Deposits ($M) | $608 | $595 | $607 | $612 | $635 | $614 | $621 | $632 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 10% |
| Consumer | 25% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |