Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.16 | 0.50% |
| Return on Equity (%) | ▲ | 6.99% | +0.85 | 6.14% |
| Net Interest Margin (%) | ▲ | 3.09% | +0.22 | 2.87% |
| Efficiency Ratio (%) | ▲ | 71.92% | -7.26 | 79.18% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $1 |
| Cost of Funds (%) | ▲ | 2.03% | -0.12 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $305 | -5.44 | $311 |
| Gross Loans ($M) | ▼ | $207 | -3.93 | $211 |
| Loan Growth YoY (%) | ▼ | 81.03% | -0.61 | 81.64% |
| Total Deposits ($M) | ▼ | $253 | -3.02 | $256 |
| Shareholders Equity ($M) | ▲ | $30 | +3.70 | $26 |
| Tang. Book Value ($M) | ▲ | $30 | +3.70 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.64 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 81.03% | -0.61 | 81.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.85% | +0.33 | 0.52% |
| Allowance / Loans (%) | — | 0.81% | 0.05% | 0.76% |
| Net Charge-Off Ratio (%) | ▼ | 1.26% | +0.49 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.43% | +1.18 | 18.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▇██ | Net Interest Margin (%) | 2.51% | 2.57% | 2.82% | 2.87% | 2.90% | 2.95% | 3.02% | 3.09% |
| ▁▂▄▅▅▇██ | Return on Assets (%) | 0.28% | 0.36% | 0.46% | 0.50% | 0.51% | 0.61% | 0.61% | 0.66% |
| █▇▅▄▄▃▁▁ | Efficiency Ratio (%) | 89.7% | 86.1% | 81.5% | 79.2% | 79.2% | 77.1% | 73.7% | 71.9% |
| █▆▃▄▄▂▁▂ | Cost of Funds (%) | 2.39% | 2.27% | 2.12% | 2.15% | 2.15% | 2.05% | 1.98% | 2.03% |
| ▁▂▂▂▅▆██ | NPA / Assets (%) | 0.46% | 0.53% | 0.53% | 0.52% | 0.70% | 0.73% | 0.84% | 0.85% |
| ▁▂▂▂▅▆██ | Net Charge-Off Ratio (%) | 0.69% | 0.77% | 0.79% | 0.77% | 1.03% | 1.07% | 1.25% | 1.26% |
| ▄▁▂▃▆█▇█ | Tang. Book Value ($M) | $27 | $25 | $26 | $26 | $28 | $29 | $29 | $30 |
| ▄▇▅▆▄█▇▁ | Gross Loans ($M) | $210 | $211 | $210 | $211 | $209 | $212 | $212 | $207 |
| ██▅▃▁▂▃▁ | Total Deposits ($M) | $264 | $264 | $259 | $256 | $254 | $255 | $256 | $253 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 18% |