Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.34% | -0.05 | 0.39% |
| Return on Equity (%) | ▼ | 3.58% | -0.68 | 4.26% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.31 | 2.58% |
| Efficiency Ratio (%) | ▼ | 82.91% | +0.85 | 82.07% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.96% | -0.13 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $952 | +34.17 | $917 |
| Gross Loans ($M) | ▲ | $533 | +88.78 | $444 |
| Loan Growth YoY (%) | ▲ | 63.76% | +10.38 | 53.38% |
| Total Deposits ($M) | ▲ | $828 | +4.50 | $823 |
| Shareholders Equity ($M) | ▲ | $92 | +3.53 | $88 |
| Tang. Book Value ($M) | ▲ | $83 | +3.53 | $79 |
| TBV excl. AOCI ($M)** | ▲ | $97 | +2.08 | $95 |
| Loan / Deposit Ratio (%) | ▲ | 63.76% | +10.38 | 53.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.96% | +0.01 | 0.96% |
| Allowance / Loans (%) | — | 0.89% | -0.08% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 1.18% | -0.05 | 1.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇▇█ | Net Interest Margin (%) | 2.16% | 2.22% | 2.48% | 2.58% | 2.65% | 2.71% | 2.80% | 2.89% |
| ▁▃▇███▇▇ | Return on Assets (%) | 0.14% | 0.21% | 0.33% | 0.39% | 0.40% | 0.39% | 0.35% | 0.34% |
| █▆▃▁▁▁▂▂ | Efficiency Ratio (%) | 96.1% | 91.7% | 84.9% | 82.1% | 81.8% | 80.7% | 84.0% | 82.9% |
| █▄▄▂▂▁▂▁ | Cost of Funds (%) | 2.55% | 2.22% | 2.23% | 2.09% | 2.08% | 1.95% | 2.09% | 1.96% |
| ▄▂▁▁█▂▇▁ | NPA / Assets (%) | 1.01% | 0.98% | 0.96% | 0.96% | 1.09% | 0.98% | 1.06% | 0.96% |
| █▆▂▂█▃▇▁ | Net Charge-Off Ratio (%) | 1.40% | 1.35% | 1.23% | 1.23% | 1.42% | 1.27% | 1.38% | 1.18% |
| ▅▁▄▆████ | Tang. Book Value ($M) | $78 | $72 | $76 | $79 | $83 | $82 | $82 | $83 |
| ▁▁▁▁▄▆▇█ | Gross Loans ($M) | $441 | $437 | $442 | $444 | $483 | $501 | $517 | $533 |
| ▁▄▆▅▆██▆ | Total Deposits ($M) | $783 | $810 | $833 | $823 | $830 | $852 | $852 | $828 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 12% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |