Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.04% | -0.35 | 0.39% |
| Return on Equity (%) | ▼ | 0.56% | -4.89 | 5.45% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.01 | 3.94% |
| Efficiency Ratio (%) | ▲ | 74.29% | -0.72 | 75.01% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.10 | $2 |
| Cost of Funds (%) | ▲ | 1.78% | -0.09 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $776 | -2.34 | $778 |
| Gross Loans ($M) | ▲ | $563 | +4.66 | $559 |
| Loan Growth YoY (%) | ▼ | 80.21% | -3.30 | 83.51% |
| Total Deposits ($M) | ▲ | $684 | +29.02 | $655 |
| Shareholders Equity ($M) | ▲ | $57 | +0.81 | $56 |
| Tang. Book Value ($M) | ▲ | $55 | +1.11 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +0.62 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 80.21% | -3.30 | 83.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.93% | +0.46 | 1.48% |
| Allowance / Loans (%) | — | 2.53% | 0.52% | 2.01% |
| Net Charge-Off Ratio (%) | ▼ | 2.51% | +0.61 | 1.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.10% | -0.17 | 10.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇▇██▆▇ | Net Interest Margin (%) | 3.63% | 3.70% | 3.94% | 3.94% | 3.99% | 4.01% | 3.88% | 3.94% |
| ▇▇█▄▅▁▃▁ | Return on Assets (%) | 0.61% | 0.67% | 0.79% | 0.39% | 0.47% | 0.01% | 0.30% | 0.04% |
| █▇▄▄▃▁▄▃ | Efficiency Ratio (%) | 81.3% | 79.3% | 75.7% | 75.0% | 74.3% | 71.1% | 75.8% | 74.3% |
| █▇▂▃▄▃▁▁ | Cost of Funds (%) | 2.17% | 2.11% | 1.86% | 1.87% | 1.94% | 1.89% | 1.76% | 1.78% |
| ▁▁▁▇▇▄▄█ | NPA / Assets (%) | 0.03% | 0.16% | 0.07% | 1.48% | 1.48% | 0.91% | 0.92% | 1.93% |
| ▁▁▁▇▇▄▄█ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.01% | 1.90% | 1.90% | 1.11% | 1.12% | 2.51% |
| ▅▁▅▃█▆▆▆ | Tang. Book Value ($M) | $55 | $53 | $55 | $54 | $57 | $55 | $55 | $55 |
| ▁▁▄▇▇▃▄█ | Gross Loans ($M) | $543 | $544 | $552 | $559 | $560 | $548 | $552 | $563 |
| ▂▁█▁▄▂▄▇ | Total Deposits ($M) | $663 | $656 | $689 | $655 | $671 | $661 | $671 | $684 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 25% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 13% |