Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.12 | 0.51% |
| Return on Equity (%) | ▲ | 6.15% | +0.77 | 5.38% |
| Net Interest Margin (%) | ▲ | 3.61% | +0.54 | 3.07% |
| Efficiency Ratio (%) | ▲ | 72.36% | -8.50 | 80.87% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.50 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.00 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $520 | +0.38 | $520 |
| Gross Loans ($M) | ▲ | $391 | +25.78 | $365 |
| Loan Growth YoY (%) | ▲ | 86.01% | +3.71 | 82.30% |
| Total Deposits ($M) | ▲ | $450 | +10.90 | $439 |
| Shareholders Equity ($M) | ▲ | $53 | +3.25 | $50 |
| Tang. Book Value ($M) | ▲ | $45 | +3.34 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +1.97 | $47 |
| Loan / Deposit Ratio (%) | ▲ | 86.01% | +3.71 | 82.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.01 | 0.17% |
| Allowance / Loans (%) | — | 0.88% | -0.03% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.02 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.94% | -0.19 | 15.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅▇█ | Net Interest Margin (%) | 2.69% | 2.77% | 2.97% | 3.07% | 3.13% | 3.19% | 3.47% | 3.61% |
| ▅▆▁▃▆█▁█ | Return on Assets (%) | 0.56% | 0.57% | 0.44% | 0.51% | 0.56% | 0.64% | 0.44% | 0.63% |
| ▆▅█▇▅▄▁▁ | Efficiency Ratio (%) | 79.8% | 78.7% | 83.3% | 80.9% | 79.0% | 76.6% | 73.2% | 72.4% |
| █▅▂▁▃▂▁▁ | Cost of Funds (%) | 1.76% | 1.61% | 1.47% | 1.41% | 1.52% | 1.46% | 1.40% | 1.40% |
| ▂▄▂▁▁▁█▁ | NPA / Assets (%) | 0.19% | 0.24% | 0.18% | 0.17% | 0.16% | 0.15% | 0.35% | 0.16% |
| ▃▅▂▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.28% | 0.35% | 0.27% | 0.24% | 0.22% | 0.21% | 0.47% | 0.22% |
| ▃▁▃▄▆▇██ | Tang. Book Value ($M) | $41 | $39 | $41 | $42 | $44 | $44 | $45 | $45 |
| ▃▁▂▃▄▆▇█ | Gross Loans ($M) | $362 | $352 | $359 | $365 | $367 | $377 | $382 | $391 |
| █▁▆▄▄▃▄█ | Total Deposits ($M) | $449 | $431 | $444 | $439 | $439 | $436 | $440 | $450 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 13% |