Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.26 | 0.65% |
| Return on Equity (%) | ▲ | 11.58% | +2.30 | 9.28% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.38 | 3.85% |
| Efficiency Ratio (%) | ▲ | 77.95% | -3.18 | 81.13% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.50% | -0.07 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $322 | +0.85 | $322 |
| Gross Loans ($M) | ▲ | $253 | +0.47 | $252 |
| Loan Growth YoY (%) | ▼ | 86.73% | -0.98 | 87.71% |
| Total Deposits ($M) | ▲ | $288 | +3.64 | $284 |
| Shareholders Equity ($M) | ▲ | $26 | +2.01 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.01 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +1.66 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 86.73% | -0.98 | 87.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.95% | -0.20 | 2.15% |
| Allowance / Loans (%) | — | 1.21% | 0.04% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 2.48% | -0.26 | 2.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.62% | +0.29 | 10.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▁▃▅██ | Net Interest Margin (%) | 3.90% | 3.90% | 3.80% | 3.85% | 3.96% | 4.04% | 4.25% | 4.23% |
| ▁▁▂▄▇▇██ | Return on Assets (%) | 0.50% | 0.46% | 0.57% | 0.65% | 0.84% | 0.82% | 0.94% | 0.91% |
| ██▆▄▁▁▁▁ | Efficiency Ratio (%) | 86.7% | 87.6% | 84.1% | 81.1% | 77.2% | 78.2% | 77.2% | 78.0% |
| ▇█▆█▆▆▁▄ | Cost of Funds (%) | 1.56% | 1.58% | 1.53% | 1.57% | 1.54% | 1.53% | 1.44% | 1.50% |
| ▁▁▂█████ | NPA / Assets (%) | 0.26% | 0.26% | 0.69% | 2.15% | 2.10% | 2.00% | 2.01% | 1.95% |
| ▁▁▂█████ | Net Charge-Off Ratio (%) | 0.35% | 0.34% | 0.89% | 2.74% | 2.70% | 2.48% | 2.60% | 2.48% |
| ▂▁▃▄▇███ | Tang. Book Value ($M) | $22 | $22 | $23 | $24 | $25 | $25 | $25 | $26 |
| ▁▃▅▆▆█▄▇ | Gross Loans ($M) | $239 | $245 | $249 | $252 | $252 | $257 | $247 | $253 |
| ▅█▅▄▅▁▆█ | Total Deposits ($M) | $285 | $289 | $286 | $284 | $285 | $281 | $287 | $288 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 6% |