Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.66% | -0.39 | 2.05% |
| Return on Equity (%) | ▼ | 16.53% | -4.03 | 20.56% |
| Net Interest Margin (%) | ▼ | 3.94% | -0.07 | 4.00% |
| Efficiency Ratio (%) | ▼ | 54.54% | +4.46 | 50.07% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.24 | $2 |
| Cost of Funds (%) | ▼ | 1.31% | +0.19 | 1.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $331 | +25.19 | $306 |
| Gross Loans ($M) | ▼ | $156 | -1.72 | $158 |
| Loan Growth YoY (%) | ▼ | 52.07% | -5.18 | 57.25% |
| Total Deposits ($M) | ▲ | $297 | +23.79 | $273 |
| Shareholders Equity ($M) | ▲ | $33 | +1.31 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +1.31 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +2.34 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 52.07% | -5.18 | 57.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.43 | 0.53% |
| Allowance / Loans (%) | — | 1.12% | 0.04% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.81 | 1.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.11% | -1.36 | 18.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▆▆▇▆▁▄ | Net Interest Margin (%) | 4.02% | 4.08% | 4.00% | 4.00% | 4.01% | 4.00% | 3.81% | 3.94% |
| ██▅█▆▆▁▃ | Return on Assets (%) | 2.01% | 2.01% | 1.82% | 2.05% | 1.90% | 1.87% | 1.47% | 1.66% |
| ▁▁▂▁▂▂█▅ | Efficiency Ratio (%) | 50.0% | 50.9% | 51.7% | 50.1% | 51.9% | 52.0% | 57.8% | 54.5% |
| ▁▂▃▄▅▆██ | Cost of Funds (%) | 0.97% | 1.02% | 1.09% | 1.12% | 1.18% | 1.21% | 1.28% | 1.31% |
| ▁▁███▆▇▁ | NPA / Assets (%) | 0.05% | 0.07% | 0.53% | 0.53% | 0.50% | 0.41% | 0.42% | 0.10% |
| ▁▁███▇█▂ | Net Charge-Off Ratio (%) | 0.09% | 0.08% | 1.04% | 1.03% | 1.03% | 0.88% | 0.93% | 0.22% |
| ▄▁▃▅▇█▇█ | Tang. Book Value ($M) | $31 | $29 | $31 | $32 | $33 | $34 | $33 | $33 |
| █▇▄▅▅▃▁▄ | Gross Loans ($M) | $165 | $162 | $156 | $158 | $158 | $155 | $150 | $156 |
| ▁▁▁▁▇███ | Total Deposits ($M) | $276 | $275 | $276 | $273 | $293 | $297 | $296 | $297 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 3% |