Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.49 | 0.94% |
| Return on Equity (%) | ▲ | 12.16% | +4.03 | 8.13% |
| Net Interest Margin (%) | ▼ | 4.24% | -0.17 | 4.41% |
| Efficiency Ratio (%) | ▲ | 70.05% | -0.05 | 70.10% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.14 | $2 |
| Cost of Funds (%) | ▼ | 1.06% | +0.03 | 1.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $579 | +22.07 | $557 |
| Gross Loans ($M) | ▼ | $335 | -20.66 | $355 |
| Loan Growth YoY (%) | ▼ | 65.51% | -6.30 | 71.81% |
| Total Deposits ($M) | ▲ | $504 | +17.17 | $487 |
| Shareholders Equity ($M) | ▲ | $71 | +4.81 | $66 |
| Tang. Book Value ($M) | ▲ | $71 | +4.81 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $79 | +6.00 | $73 |
| Loan / Deposit Ratio (%) | ▼ | 65.51% | -6.30 | 71.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.12 | 0.10% |
| Allowance / Loans (%) | — | 1.30% | -0.26% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.18 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.40% | +2.90 | 18.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇██▃▃ | Net Interest Margin (%) | 4.11% | 4.19% | 4.30% | 4.41% | 4.45% | 4.47% | 4.20% | 4.24% |
| ▆█▃▁▅▅▄▇ | Return on Assets (%) | 1.31% | 1.52% | 1.13% | 0.94% | 1.24% | 1.23% | 1.23% | 1.43% |
| ▄▁█▅▂▆▄▅ | Efficiency Ratio (%) | 69.9% | 68.5% | 71.6% | 70.1% | 68.9% | 70.5% | 69.8% | 70.1% |
| █▆▃▁▁▅▃▂ | Cost of Funds (%) | 1.36% | 1.26% | 1.13% | 1.03% | 1.00% | 1.21% | 1.11% | 1.06% |
| ▁▂▂▂▃▄▅█ | NPA / Assets (%) | 0.07% | 0.11% | 0.10% | 0.10% | 0.12% | 0.14% | 0.15% | 0.22% |
| ▂▄▁▁▄▅▆█ | Net Charge-Off Ratio (%) | 0.13% | 0.17% | 0.09% | 0.09% | 0.16% | 0.18% | 0.20% | 0.27% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $63 | $63 | $65 | $66 | $68 | $69 | $69 | $71 |
| ▁▁▃██▅▃▂ | Gross Loans ($M) | $330 | $330 | $337 | $355 | $355 | $344 | $339 | $335 |
| ▁▃▂▂█▆▇▄ | Total Deposits ($M) | $476 | $496 | $484 | $487 | $540 | $521 | $524 | $504 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 7% |