Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.21 | 1.12% |
| Return on Equity (%) | ▲ | 10.17% | +1.37 | 8.80% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.04 | 4.15% |
| Efficiency Ratio (%) | ▲ | 60.56% | -4.32 | 64.88% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.73% | -0.09 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $357 | +5.32 | $352 |
| Gross Loans ($M) | ▼ | $314 | -8.69 | $323 |
| Loan Growth YoY (%) | ▼ | 101.15% | -3.35 | 104.50% |
| Total Deposits ($M) | ▲ | $305 | +1.45 | $304 |
| Shareholders Equity ($M) | ▲ | $48 | +3.82 | $44 |
| Tang. Book Value ($M) | ▲ | $48 | +3.82 | $44 |
| Loan / Deposit Ratio (%) | ▼ | 101.15% | -3.35 | 104.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.59% | +0.53 | 2.06% |
| Allowance / Loans (%) | — | 1.64% | 0.05% | 1.59% |
| Net Charge-Off Ratio (%) | ▼ | 2.95% | +0.71 | 2.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.12% | +1.84 | 13.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆▆▇█▆█ | Net Interest Margin (%) | 3.97% | 4.04% | 4.13% | 4.15% | 4.17% | 4.22% | 4.14% | 4.19% |
| ▁▁▄▄▄▄██ | Return on Assets (%) | 1.01% | 0.98% | 1.12% | 1.12% | 1.14% | 1.14% | 1.32% | 1.33% |
| ▇█▇▅▅▆▁▁ | Efficiency Ratio (%) | 67.9% | 69.1% | 67.1% | 64.9% | 65.1% | 66.0% | 60.7% | 60.6% |
| ██▄▃▅█▃▁ | Cost of Funds (%) | 2.00% | 1.99% | 1.86% | 1.82% | 1.88% | 1.97% | 1.82% | 1.73% |
| ▁▁▁▅▅▆▅█ | NPA / Assets (%) | 1.31% | 1.33% | 1.27% | 2.06% | 1.99% | 2.12% | 2.06% | 2.59% |
| ▁▁▁▅▅▅▅█ | Net Charge-Off Ratio (%) | 1.46% | 1.45% | 1.41% | 2.25% | 2.24% | 2.33% | 2.36% | 2.95% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $41 | $42 | $43 | $44 | $45 | $46 | $47 | $48 |
| ▁▁▂██▇▆▆ | Gross Loans ($M) | $297 | $297 | $303 | $323 | $323 | $318 | $316 | $314 |
| ▂▁▃▆█▅█▆ | Total Deposits ($M) | $284 | $278 | $290 | $304 | $315 | $300 | $311 | $305 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 9% |