Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.94 | 2.17% |
| Return on Equity (%) | ▼ | 12.62% | -12.20 | 24.82% |
| Net Interest Margin (%) | ▼ | 4.10% | -0.08 | 4.18% |
| Efficiency Ratio (%) | ▼ | 70.33% | +7.32 | 63.01% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.57 | $2 |
| Cost of Funds (%) | ▼ | 0.61% | +0.13 | 0.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $483 | -24.03 | $507 |
| Gross Loans ($M) | ▲ | $242 | +55.97 | $186 |
| Loan Growth YoY (%) | ▲ | 55.18% | +15.55 | 39.63% |
| Total Deposits ($M) | ▼ | $432 | -29.44 | $462 |
| Shareholders Equity ($M) | ▲ | $47 | +3.60 | $44 |
| Tang. Book Value ($M) | ▲ | $47 | +3.60 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +4.10 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 55.18% | +15.55 | 39.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.83% | +0.67 | 0.16% |
| Allowance / Loans (%) | — | 1.28% | -0.16% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 1.66% | +1.21 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.73% | -1.75 | 17.48% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅▄▅▆█▃▂ | Net Interest Margin (%) | 4.03% | 4.21% | 4.15% | 4.18% | 4.24% | 4.33% | 4.10% | 4.10% |
| ▁▄▄█▇▆▂▁ | Return on Assets (%) | 1.11% | 1.62% | 1.63% | 2.17% | 1.94% | 1.80% | 1.32% | 1.23% |
| █▆▁▁▁▂▆▇ | Efficiency Ratio (%) | 72.9% | 69.0% | 62.3% | 63.0% | 63.5% | 64.5% | 69.2% | 70.3% |
| █▃▁▁▂▁▂▄ | Cost of Funds (%) | 0.80% | 0.57% | 0.45% | 0.49% | 0.50% | 0.46% | 0.53% | 0.61% |
| █▂▁▁▃▅▅▄ | NPA / Assets (%) | 1.66% | 0.43% | 0.17% | 0.16% | 0.58% | 0.92% | 0.93% | 0.83% |
| █▂▁▁▃▄▄▃ | Net Charge-Off Ratio (%) | 4.18% | 1.15% | 0.46% | 0.45% | 1.44% | 2.14% | 2.07% | 1.66% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $42 | $43 | $43 | $44 | $44 | $45 | $47 | $47 |
| ▁▁▁▁▃▄▅█ | Gross Loans ($M) | $181 | $179 | $179 | $186 | $195 | $204 | $211 | $242 |
| ▄▂▇█▅▂▁▂ | Total Deposits ($M) | $441 | $432 | $455 | $462 | $444 | $428 | $423 | $432 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 5% |