Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.42 | 0.45% |
| Return on Equity (%) | ▲ | 7.12% | +3.33 | 3.79% |
| Net Interest Margin (%) | ▼ | 4.62% | -0.06 | 4.68% |
| Efficiency Ratio (%) | ▲ | 64.46% | -1.50 | 65.96% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.68 | $4 |
| Cost of Funds (%) | ▲ | 1.74% | -0.27 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,148 | +16.70 | $1,131 |
| Gross Loans ($M) | ▲ | $1,031 | +20.89 | $1,010 |
| Loan Growth YoY (%) | ▲ | 113.66% | +4.07 | 109.59% |
| Total Deposits ($M) | ▼ | $888 | -14.01 | $902 |
| Shareholders Equity ($M) | ▲ | $142 | +7.20 | $135 |
| Tang. Book Value ($M) | ▲ | $142 | +7.29 | $134 |
| Loan / Deposit Ratio (%) | ▲ | 113.66% | +4.07 | 109.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.14% | +0.81 | 3.33% |
| Allowance / Loans (%) | — | 2.09% | -0.03% | 2.12% |
| Net Charge-Off Ratio (%) | ▼ | 3.50% | +0.90 | 2.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▃▄▆▁▂ | Net Interest Margin (%) | 4.99% | 4.96% | 4.55% | 4.68% | 4.74% | 4.85% | 4.58% | 4.62% |
| █▇▆▂▃▅▁▄ | Return on Assets (%) | 1.92% | 1.51% | 1.37% | 0.45% | 0.81% | 1.11% | 0.22% | 0.86% |
| ▁▁▅██▇██ | Efficiency Ratio (%) | 51.2% | 51.4% | 59.4% | 66.0% | 65.7% | 63.9% | 64.5% | 64.5% |
| █▅▅▅▃▁▁▁ | Cost of Funds (%) | 2.29% | 2.08% | 2.08% | 2.01% | 1.93% | 1.80% | 1.75% | 1.74% |
| ▂▄▃▄▃▁██ | NPA / Assets (%) | 2.87% | 3.21% | 3.14% | 3.33% | 3.20% | 2.54% | 4.31% | 4.14% |
| ▁▃▃▄▃▁██ | Net Charge-Off Ratio (%) | 1.95% | 2.41% | 2.33% | 2.60% | 2.43% | 1.76% | 3.72% | 3.50% |
| ▂▂▄▁▃█▆█ | Tang. Book Value ($M) | $136 | $136 | $138 | $134 | $136 | $141 | $139 | $142 |
| ▁▇█▃▄██▆ | Gross Loans ($M) | $988 | $1,036 | $1,049 | $1,010 | $1,013 | $1,044 | $1,052 | $1,031 |
| ▁█▇▇█▇▆▆ | Total Deposits ($M) | $845 | $906 | $896 | $902 | $913 | $902 | $896 | $888 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 32% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 6% |