Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.87% | +0.35 | 1.53% |
| Return on Equity (%) | ▲ | 18.91% | +2.57 | 16.34% |
| Net Interest Margin (%) | ▲ | 6.14% | +0.33 | 5.82% |
| Efficiency Ratio (%) | ▲ | 58.19% | -4.52 | 62.70% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.76 | $3 |
| Cost of Funds (%) | ▲ | 1.54% | -0.31 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $474 | +25.41 | $449 |
| Gross Loans ($M) | ▲ | $419 | +34.55 | $385 |
| Loan Growth YoY (%) | ▲ | 100.28% | +4.46 | 95.82% |
| Total Deposits ($M) | ▲ | $414 | +16.57 | $397 |
| Shareholders Equity ($M) | ▲ | $49 | +6.15 | $43 |
| Tang. Book Value ($M) | ▲ | $49 | +6.15 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 100.28% | +4.46 | 95.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.75% | -0.12 | 1.87% |
| Allowance / Loans (%) | — | 1.07% | -0.04% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 1.41% | -0.25 | 1.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇▇█▇█ | Net Interest Margin (%) | 4.82% | 5.00% | 5.65% | 5.82% | 5.92% | 5.99% | 5.94% | 6.14% |
| ▁▄▅▅▆▇▇█ | Return on Assets (%) | 1.06% | 1.46% | 1.48% | 1.53% | 1.61% | 1.76% | 1.67% | 1.87% |
| █▇▄▄▃▂▂▁ | Efficiency Ratio (%) | 69.9% | 68.1% | 63.2% | 62.7% | 62.0% | 60.2% | 60.8% | 58.2% |
| █▇▅▃▃▂▂▁ | Cost of Funds (%) | 2.38% | 2.20% | 1.96% | 1.85% | 1.85% | 1.74% | 1.67% | 1.54% |
| ██▃▃▃▁▁▁ | NPA / Assets (%) | 2.15% | 2.18% | 1.88% | 1.87% | 1.90% | 1.76% | 1.76% | 1.75% |
| ██▇▄▄▁▃▃ | Net Charge-Off Ratio (%) | 2.39% | 2.41% | 2.16% | 1.67% | 1.70% | 1.07% | 1.44% | 1.41% |
| ▂▁▁▂▃▅▆█ | Tang. Book Value ($M) | $42 | $41 | $41 | $43 | $44 | $45 | $47 | $49 |
| ▃▃▁▁▂█▇█ | Gross Loans ($M) | $396 | $395 | $388 | $385 | $390 | $418 | $412 | $419 |
| ▁▁▁▁▁█▆▅ | Total Deposits ($M) | $400 | $398 | $400 | $397 | $401 | $426 | $418 | $414 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 12% |