Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.20 | 1.26% |
| Return on Equity (%) | ▲ | 17.79% | +0.64 | 17.15% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.16 | 3.93% |
| Efficiency Ratio (%) | ▲ | 61.59% | -1.92 | 63.51% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.31 | $2 |
| Cost of Funds (%) | ▲ | 1.96% | -0.12 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $578 | +15.24 | $562 |
| Gross Loans ($M) | ▲ | $483 | +25.27 | $458 |
| Loan Growth YoY (%) | ▲ | 96.90% | +1.07 | 95.83% |
| Total Deposits ($M) | ▲ | $491 | +20.17 | $471 |
| Shareholders Equity ($M) | ▲ | $48 | +5.32 | $43 |
| Tang. Book Value ($M) | ▲ | $47 | +5.25 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +4.99 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 96.90% | +1.07 | 95.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.97% | -0.32 | 2.29% |
| Allowance / Loans (%) | — | 1.52% | 0.07% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 2.36% | -0.42 | 2.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇▇█ | Net Interest Margin (%) | 3.61% | 3.64% | 3.88% | 3.93% | 3.96% | 3.99% | 4.01% | 4.09% |
| ▄▁▆▆▇▇▇█ | Return on Assets (%) | 1.02% | 0.70% | 1.18% | 1.26% | 1.34% | 1.37% | 1.35% | 1.46% |
| █▇▆▄▂▁▃▁ | Efficiency Ratio (%) | 66.6% | 65.5% | 64.8% | 63.5% | 62.3% | 61.8% | 63.3% | 61.6% |
| █▇▄▂▃▄▂▁ | Cost of Funds (%) | 2.47% | 2.40% | 2.19% | 2.08% | 2.14% | 2.16% | 2.06% | 1.96% |
| █▃▄▅▄▂▁▁ | NPA / Assets (%) | 2.54% | 2.12% | 2.25% | 2.29% | 2.22% | 2.08% | 2.04% | 1.97% |
| █▃▄▅▄▂▁▁ | Net Charge-Off Ratio (%) | 3.16% | 2.64% | 2.75% | 2.77% | 2.73% | 2.54% | 2.45% | 2.36% |
| ▄▁▂▃▆▇▇█ | Tang. Book Value ($M) | $43 | $39 | $41 | $42 | $45 | $46 | $46 | $47 |
| ▄▁▂▁▄▁██ | Gross Loans ($M) | $468 | $459 | $462 | $458 | $469 | $459 | $485 | $483 |
| ▅▂▆▂▅▁█▇ | Total Deposits ($M) | $481 | $470 | $486 | $471 | $484 | $463 | $497 | $491 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 11% |