Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.00% | -0.67 | 1.68% |
| Return on Equity (%) | ▼ | 9.53% | -5.85 | 15.38% |
| Net Interest Margin (%) | ▼ | 4.05% | -0.02 | 4.07% |
| Efficiency Ratio (%) | ▼ | 68.54% | +12.32 | 56.22% |
| Pre-Provision Profit ($M) | ▼ | $4 | -4.01 | $8 |
| Cost of Funds (%) | ▲ | 2.03% | -0.21 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,609 | +227.17 | $1,382 |
| Gross Loans ($M) | ▲ | $1,209 | +171.68 | $1,037 |
| Loan Growth YoY (%) | ▼ | 86.64% | -1.28 | 87.92% |
| Total Deposits ($M) | ▲ | $1,385 | +213.57 | $1,171 |
| Shareholders Equity ($M) | ▲ | $167 | +10.36 | $157 |
| Tang. Book Value ($M) | ▲ | $165 | +10.99 | $154 |
| TBV excl. AOCI ($M)** | ▲ | $174 | +10.55 | $163 |
| Loan / Deposit Ratio (%) | ▼ | 86.64% | -1.28 | 87.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.96% | -0.23 | 1.20% |
| Allowance / Loans (%) | — | 0.76% | 0.03% | 0.73% |
| Net Charge-Off Ratio (%) | ▲ | 0.86% | -0.73 | 1.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▆██▅▆ | Net Interest Margin (%) | 3.86% | 3.77% | 3.80% | 4.07% | 4.19% | 4.20% | 4.02% | 4.05% |
| █▃██▇▃▄▁ | Return on Assets (%) | 1.68% | 1.22% | 1.68% | 1.68% | 1.57% | 1.24% | 1.26% | 1.00% |
| ▁▄▁▁▁▄▆█ | Efficiency Ratio (%) | 55.5% | 60.7% | 55.9% | 56.2% | 56.8% | 61.2% | 64.2% | 68.5% |
| █▆█▅▃▁▁▁ | Cost of Funds (%) | 2.42% | 2.31% | 2.41% | 2.24% | 2.14% | 2.07% | 2.04% | 2.03% |
| ▁▄█▆▄▆█▃ | NPA / Assets (%) | 0.79% | 1.08% | 1.35% | 1.20% | 1.07% | 1.21% | 1.38% | 0.96% |
| ▂▆█▇▅▃▄▁ | Net Charge-Off Ratio (%) | 1.08% | 1.47% | 1.80% | 1.59% | 1.43% | 1.18% | 1.24% | 0.86% |
| ▁▂▅▆▆▆██ | Tang. Book Value ($M) | $135 | $141 | $153 | $154 | $157 | $156 | $163 | $165 |
| ▁▅▄▄▅▇▇█ | Gross Loans ($M) | $873 | $1,053 | $1,023 | $1,037 | $1,069 | $1,131 | $1,153 | $1,209 |
| ▁▆▄▃▄▇▇█ | Total Deposits ($M) | $1,068 | $1,294 | $1,194 | $1,171 | $1,226 | $1,330 | $1,323 | $1,385 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 13% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 19% |