Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.07% | -0.15 | 1.22% |
| Return on Equity (%) | ▼ | 9.51% | -1.30 | 10.81% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.08 | 4.13% |
| Efficiency Ratio (%) | ▼ | 65.26% | +6.89 | 58.37% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.14 | $4 |
| Cost of Funds (%) | ▲ | 2.32% | -0.57 | 2.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $885 | +67.87 | $817 |
| Gross Loans ($M) | ▲ | $725 | +29.95 | $695 |
| Loan Growth YoY (%) | ▼ | 92.97% | -5.23 | 98.20% |
| Total Deposits ($M) | ▲ | $768 | +71.12 | $697 |
| Shareholders Equity ($M) | ▲ | $98 | +5.51 | $92 |
| Tang. Book Value ($M) | ▲ | $98 | +5.51 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $100 | +5.56 | $94 |
| Loan / Deposit Ratio (%) | ▼ | 92.97% | -5.23 | 98.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.94 | 0.99% |
| Allowance / Loans (%) | — | 1.46% | -0.02% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.99 | 1.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.93% | +0.06 | 12.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇█▄█ | Net Interest Margin (%) | 3.97% | 4.00% | 4.11% | 4.13% | 4.17% | 4.19% | 4.08% | 4.21% |
| ▃▅▄███▁▃ | Return on Assets (%) | 1.07% | 1.11% | 1.08% | 1.22% | 1.22% | 1.24% | 0.98% | 1.07% |
| ▃▂▂▁▁▁█▇ | Efficiency Ratio (%) | 61.4% | 59.9% | 59.5% | 58.4% | 58.7% | 58.5% | 67.5% | 65.3% |
| █▇▅▆▆▄▃▁ | Cost of Funds (%) | 3.21% | 3.00% | 2.80% | 2.89% | 2.91% | 2.69% | 2.60% | 2.32% |
| ███▇█▇▇▁ | NPA / Assets (%) | 1.16% | 1.10% | 1.03% | 0.99% | 1.06% | 0.94% | 0.94% | 0.06% |
| ███▇███▁ | Net Charge-Off Ratio (%) | 1.24% | 1.21% | 1.11% | 1.06% | 1.18% | 1.14% | 1.11% | 0.07% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $88 | $89 | $90 | $92 | $95 | $95 | $96 | $98 |
| ▁▃▅▆▅▇▇█ | Gross Loans ($M) | $625 | $651 | $681 | $695 | $686 | $702 | $707 | $725 |
| ▁▃▄▅▆▇▆█ | Total Deposits ($M) | $618 | $667 | $687 | $697 | $717 | $735 | $721 | $768 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 31% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 17% |