Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.06 | 0.89% |
| Return on Equity (%) | ▲ | 8.84% | +0.64 | 8.20% |
| Net Interest Margin (%) | ▼ | 3.26% | -0.22 | 3.47% |
| Efficiency Ratio (%) | ▲ | 62.68% | -0.28 | 62.96% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.11 | $2 |
| Cost of Funds (%) | ▲ | 2.57% | -0.28 | 2.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $647 | +23.32 | $624 |
| Gross Loans ($M) | ▼ | $508 | -21.65 | $530 |
| Loan Growth YoY (%) | ▼ | 88.28% | -6.65 | 94.93% |
| Total Deposits ($M) | ▲ | $570 | +16.54 | $553 |
| Shareholders Equity ($M) | ▲ | $72 | +6.01 | $66 |
| Tang. Book Value ($M) | ▲ | $70 | +6.04 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 88.28% | -6.65 | 94.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.57 | 0.00% |
| Allowance / Loans (%) | — | 0.97% | 0.14% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.73% | +0.73 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.08% | +1.53 | 11.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▅▅▄▁▁ | Net Interest Margin (%) | 3.69% | 3.66% | 3.35% | 3.47% | 3.49% | 3.46% | 3.23% | 3.26% |
| ▆▇▁▅█▆▁█ | Return on Assets (%) | 0.91% | 0.93% | 0.78% | 0.89% | 0.96% | 0.90% | 0.80% | 0.95% |
| ███▁▁▁▄▁ | Efficiency Ratio (%) | 67.4% | 66.9% | 67.1% | 63.0% | 63.2% | 62.8% | 65.0% | 62.7% |
| █▆▄▃▄▂▁▁ | Cost of Funds (%) | 3.51% | 3.22% | 2.99% | 2.85% | 3.02% | 2.75% | 2.62% | 2.57% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.57% | 0.59% | 0.57% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.71% | 0.68% | 0.73% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $60 | $62 | $63 | $64 | $66 | $67 | $69 | $70 |
| ▁▁▂▇▅▆█▄ | Gross Loans ($M) | $477 | $473 | $489 | $530 | $510 | $526 | $546 | $508 |
| ▁▂▂▆▇█▆▇ | Total Deposits ($M) | $482 | $501 | $508 | $553 | $564 | $588 | $559 | $570 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 34% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 5% |