Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.61% | +0.26 | 0.35% |
| Return on Equity (%) | ▲ | 7.96% | +3.24 | 4.72% |
| Net Interest Margin (%) | ▲ | 3.03% | +0.13 | 2.90% |
| Efficiency Ratio (%) | ▲ | 77.44% | -7.17 | 84.61% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.70% | -0.20 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $331 | +23.47 | $307 |
| Gross Loans ($M) | ▼ | $192 | -3.61 | $196 |
| Loan Growth YoY (%) | ▼ | 64.20% | -6.32 | 70.52% |
| Total Deposits ($M) | ▲ | $296 | +21.84 | $274 |
| Shareholders Equity ($M) | ▲ | $26 | +1.92 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +1.92 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.65 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 64.20% | -6.32 | 70.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.16% | +1.11 | 0.06% |
| Allowance / Loans (%) | — | 1.14% | -0.12% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 1.78% | +1.69 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.03% | +0.52 | 16.51% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▅▆▅▇█ | Net Interest Margin (%) | 2.83% | 2.80% | 2.74% | 2.90% | 2.93% | 2.91% | 2.98% | 3.03% |
| ▄▁▂▃▃▄██ | Return on Assets (%) | 0.39% | 0.21% | 0.30% | 0.35% | 0.35% | 0.37% | 0.59% | 0.61% |
| ▆██▆▇▇▁▁ | Efficiency Ratio (%) | 84.3% | 86.2% | 87.3% | 84.6% | 85.3% | 85.1% | 77.3% | 77.4% |
| █▄▇▇▆▁▂▂ | Cost of Funds (%) | 1.96% | 1.78% | 1.90% | 1.91% | 1.87% | 1.63% | 1.71% | 1.70% |
| ▂▁▃▁▂▂▃█ | NPA / Assets (%) | 0.21% | 0.01% | 0.31% | 0.06% | 0.24% | 0.25% | 0.32% | 1.16% |
| ▂▁▃▁▂▃▃█ | Net Charge-Off Ratio (%) | 0.33% | 0.01% | 0.50% | 0.09% | 0.39% | 0.46% | 0.54% | 1.78% |
| ▄▁▃▃▅▇██ | Tang. Book Value ($M) | $25 | $23 | $24 | $24 | $25 | $26 | $26 | $26 |
| ▁▇███▇▄▄ | Gross Loans ($M) | $190 | $195 | $196 | $196 | $196 | $195 | $193 | $192 |
| ▁▇▂▁▁█▅▅ | Total Deposits ($M) | $273 | $310 | $284 | $274 | $277 | $319 | $298 | $296 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 15% |