Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.05% | -0.20 | 2.25% |
| Return on Equity (%) | ▼ | 23.38% | -1.88 | 25.26% |
| Net Interest Margin (%) | ▼ | 4.08% | -0.28 | 4.36% |
| Efficiency Ratio (%) | ▼ | 48.53% | +1.87 | 46.66% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.01 | $4 |
| Cost of Funds (%) | ▼ | 1.70% | +0.01 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $736 | +37.11 | $699 |
| Gross Loans ($M) | ▲ | $534 | +31.28 | $502 |
| Loan Growth YoY (%) | ▼ | 94.67% | -0.69 | 95.36% |
| Total Deposits ($M) | ▲ | $559 | +36.68 | $522 |
| Shareholders Equity ($M) | ▲ | $65 | +2.11 | $63 |
| Tang. Book Value ($M) | ▲ | $64 | +2.15 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +2.14 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 94.67% | -0.69 | 95.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.00 | 0.16% |
| Allowance / Loans (%) | — | 0.84% | -0.02% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 0.22% | +0.00 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.30% | -0.50 | 12.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▄▄▄▁▁ | Net Interest Margin (%) | 4.74% | 4.72% | 4.22% | 4.36% | 4.35% | 4.35% | 4.00% | 4.08% |
| ██▃▃▃▂▁▁ | Return on Assets (%) | 2.59% | 2.55% | 2.23% | 2.25% | 2.23% | 2.15% | 2.06% | 2.05% |
| ▁▁▃▆▆▇▇█ | Efficiency Ratio (%) | 42.0% | 42.5% | 43.7% | 46.7% | 46.5% | 47.5% | 47.6% | 48.5% |
| █▁█▁▇▄▂▁ | Cost of Funds (%) | 1.86% | 1.71% | 1.87% | 1.69% | 1.85% | 1.76% | 1.72% | 1.70% |
| █▇█▃▃▃▁▄ | NPA / Assets (%) | 0.25% | 0.23% | 0.25% | 0.16% | 0.15% | 0.14% | 0.10% | 0.16% |
| █▇█▃▃▂▁▃ | Net Charge-Off Ratio (%) | 0.36% | 0.32% | 0.35% | 0.22% | 0.21% | 0.19% | 0.14% | 0.22% |
| ▁▂▃▃▄▄▆█ | Tang. Book Value ($M) | $61 | $62 | $62 | $62 | $62 | $63 | $63 | $64 |
| ▂▃▁▃▄▆▇█ | Gross Loans ($M) | $498 | $504 | $492 | $502 | $513 | $518 | $526 | $534 |
| ▃▁▂▂▆▅██ | Total Deposits ($M) | $528 | $513 | $524 | $522 | $542 | $539 | $556 | $559 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 14% |
| Other | 50% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 24% |