Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.27 | 1.00% |
| Return on Equity (%) | ▲ | 11.95% | +2.49 | 9.46% |
| Net Interest Margin (%) | ▲ | 4.40% | +0.24 | 4.15% |
| Efficiency Ratio (%) | ▲ | 64.17% | -2.02 | 66.19% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.06 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $407 | +30.29 | $377 |
| Gross Loans ($M) | ▲ | $310 | +19.20 | $291 |
| Loan Growth YoY (%) | ▼ | 85.79% | -2.64 | 88.43% |
| Total Deposits ($M) | ▲ | $357 | +31.92 | $325 |
| Shareholders Equity ($M) | ▲ | $43 | +3.65 | $40 |
| Tang. Book Value ($M) | ▲ | $42 | +3.65 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +3.60 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 85.79% | -2.64 | 88.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.75% | -0.49 | 1.24% |
| Allowance / Loans (%) | — | 1.17% | 0.05% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 0.91% | -0.49 | 1.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.96% | 3.99% | 4.09% | 4.15% | 4.22% | 4.25% | 4.35% | 4.40% |
| ▁▂▄▃▃▃██ | Return on Assets (%) | 0.85% | 0.95% | 1.01% | 1.00% | 1.00% | 0.98% | 1.24% | 1.27% |
| █▆▄▃▃▃▂▁ | Efficiency Ratio (%) | 70.2% | 68.6% | 66.9% | 66.2% | 65.8% | 66.3% | 65.3% | 64.2% |
| ▂▆▃▅█▆▁▁ | Cost of Funds (%) | 1.67% | 1.72% | 1.69% | 1.71% | 1.76% | 1.73% | 1.66% | 1.65% |
| ▆██▇▇▃▃▁ | NPA / Assets (%) | 1.15% | 1.38% | 1.34% | 1.24% | 1.26% | 0.97% | 0.96% | 0.75% |
| ▆█▇▅▆▃▃▁ | Net Charge-Off Ratio (%) | 1.47% | 1.70% | 1.55% | 1.40% | 1.42% | 1.17% | 1.15% | 0.91% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $35 | $36 | $37 | $38 | $39 | $40 | $41 | $42 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $273 | $281 | $283 | $291 | $296 | $303 | $303 | $310 |
| ▁▁▂▄▄▇▇█ | Total Deposits ($M) | $301 | $305 | $311 | $325 | $328 | $343 | $343 | $357 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 5% |