Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.80% | +0.15 | 1.65% |
| Return on Equity (%) | ▼ | 13.76% | -1.07 | 14.83% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.11 | 4.04% |
| Efficiency Ratio (%) | ▲ | 48.61% | -1.89 | 50.51% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.02 | $2 |
| Cost of Funds (%) | — | 0.27% | 0.00 | 0.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $414 | +3.08 | $410 |
| Gross Loans ($M) | ▼ | $123 | -1.50 | $124 |
| Loan Growth YoY (%) | ▲ | 34.67% | +0.04 | 34.63% |
| Total Deposits ($M) | ▼ | $351 | -4.64 | $355 |
| Shareholders Equity ($M) | ▲ | $61 | +7.74 | $54 |
| Tang. Book Value ($M) | ▲ | $61 | +7.74 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +7.84 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 34.67% | +0.04 | 34.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.03 | 0.19% |
| Allowance / Loans (%) | — | 1.00% | -0.01% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.74% | +0.11 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 42.67% | +3.47 | 39.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▁▄▃▃▁█▅ | Net Interest Margin (%) | 4.15% | 3.87% | 4.06% | 4.04% | 4.02% | 3.87% | 4.34% | 4.14% |
| ▃▁▄▃▂▁█▅ | Return on Assets (%) | 1.65% | 1.50% | 1.74% | 1.65% | 1.55% | 1.48% | 2.02% | 1.80% |
| ▇█▃▅██▁▃ | Efficiency Ratio (%) | 52.0% | 53.3% | 47.7% | 50.5% | 53.2% | 54.1% | 45.4% | 48.6% |
| ▇▁▇▇█▄▅▇ | Cost of Funds (%) | 0.27% | 0.20% | 0.27% | 0.27% | 0.29% | 0.24% | 0.25% | 0.27% |
| █▂▆▂▂▁▁▄ | NPA / Assets (%) | 0.27% | 0.19% | 0.25% | 0.19% | 0.20% | 0.18% | 0.18% | 0.22% |
| █▇▇▁▁▃▃▄ | Net Charge-Off Ratio (%) | 0.91% | 0.85% | 0.84% | 0.63% | 0.61% | 0.71% | 0.69% | 0.74% |
| ▂▁▃▄▇▇██ | Tang. Book Value ($M) | $50 | $47 | $52 | $54 | $58 | $59 | $61 | $61 |
| ▁▄▅▆█▆▇▅ | Gross Loans ($M) | $116 | $121 | $123 | $124 | $127 | $124 | $125 | $123 |
| ▁█▂▂▁▆▅▁ | Total Deposits ($M) | $337 | $493 | $364 | $355 | $331 | $435 | $414 | $351 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 5% |