Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.79% | -0.03 | 1.81% |
| Return on Equity (%) | ▼ | 16.08% | -1.11 | 17.19% |
| Net Interest Margin (%) | ▼ | 4.25% | -0.01 | 4.26% |
| Efficiency Ratio (%) | ▲ | 54.99% | -0.46 | 55.45% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.16 | $3 |
| Cost of Funds (%) | ▼ | 1.17% | +0.12 | 1.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $530 | +29.55 | $500 |
| Gross Loans ($M) | ▲ | $428 | +26.10 | $402 |
| Loan Growth YoY (%) | ▲ | 91.31% | +0.90 | 90.41% |
| Total Deposits ($M) | ▲ | $463 | +24.15 | $438 |
| Shareholders Equity ($M) | ▲ | $60 | +4.54 | $56 |
| Tang. Book Value ($M) | ▲ | $60 | +4.54 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +4.39 | $58 |
| Loan / Deposit Ratio (%) | ▲ | 91.31% | +0.90 | 90.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.85% | +0.67 | 0.17% |
| Allowance / Loans (%) | — | 1.33% | -0.06% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.80 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.14% | -0.21 | 16.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▇██▂▇ | Net Interest Margin (%) | 4.14% | 4.13% | 4.06% | 4.26% | 4.30% | 4.28% | 4.12% | 4.25% |
| ▃▂▂▆██▁▅ | Return on Assets (%) | 1.75% | 1.75% | 1.75% | 1.81% | 1.84% | 1.84% | 1.72% | 1.79% |
| █▇▆▆▅▄▁▃ | Efficiency Ratio (%) | 56.0% | 55.8% | 55.5% | 55.4% | 55.2% | 55.2% | 54.4% | 55.0% |
| ▁▅▄▄▆▆▆█ | Cost of Funds (%) | 0.94% | 1.06% | 1.03% | 1.04% | 1.10% | 1.10% | 1.09% | 1.17% |
| ▃▃▄▁▁▁▄█ | NPA / Assets (%) | 0.41% | 0.42% | 0.50% | 0.17% | 0.24% | 0.21% | 0.47% | 0.85% |
| ▅▄▅▁▁▁▄█ | Net Charge-Off Ratio (%) | 0.52% | 0.35% | 0.46% | 0.04% | 0.14% | 0.06% | 0.40% | 0.84% |
| ▂▁▃▄▆▆██ | Tang. Book Value ($M) | $53 | $52 | $55 | $56 | $58 | $57 | $59 | $60 |
| ▂▂▁▂▅▄▆█ | Gross Loans ($M) | $402 | $399 | $395 | $402 | $412 | $410 | $416 | $428 |
| ▃▆▆▁▅█▇▇ | Total Deposits ($M) | $447 | $457 | $458 | $438 | $453 | $466 | $462 | $463 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 13% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 6% |