Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.42% | -0.21 | 1.63% |
| Return on Equity (%) | ▼ | 14.74% | -5.55 | 20.29% |
| Net Interest Margin (%) | ▼ | 4.52% | -0.13 | 4.65% |
| Efficiency Ratio (%) | ▼ | 68.60% | +6.12 | 62.48% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.26 | $2 |
| Cost of Funds (%) | ▼ | 1.59% | +0.01 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $422 | +26.37 | $396 |
| Gross Loans ($M) | ▲ | $278 | +9.19 | $269 |
| Loan Growth YoY (%) | ▼ | 73.24% | -0.70 | 73.94% |
| Total Deposits ($M) | ▲ | $374 | +16.35 | $358 |
| Shareholders Equity ($M) | ▲ | $41 | +9.04 | $32 |
| Tang. Book Value ($M) | ▲ | $41 | +9.04 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +10.04 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 73.24% | -0.70 | 73.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.01 | 0.08% |
| Allowance / Loans (%) | — | 1.46% | -0.16% | 1.62% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.06 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.78% | +0.50 | 13.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁██▇█▅▃ | Net Interest Margin (%) | 4.43% | 4.43% | 4.68% | 4.65% | 4.65% | 4.67% | 4.57% | 4.52% |
| ▄▃▆███▁▂ | Return on Assets (%) | 1.47% | 1.45% | 1.56% | 1.63% | 1.61% | 1.60% | 1.37% | 1.42% |
| ▄▄▁▁▂▃██ | Efficiency Ratio (%) | 65.1% | 65.5% | 62.7% | 62.5% | 63.5% | 64.5% | 68.6% | 68.6% |
| █▆▃▂▂▂▁▂ | Cost of Funds (%) | 2.07% | 1.86% | 1.69% | 1.58% | 1.59% | 1.62% | 1.49% | 1.59% |
| ██▇▇▄▃▁▆ | NPA / Assets (%) | 0.09% | 0.08% | 0.08% | 0.08% | 0.05% | 0.04% | 0.02% | 0.07% |
| █▃▃▃▁▁▂▇ | Net Charge-Off Ratio (%) | 0.14% | 0.04% | 0.04% | 0.04% | 0.00% | 0.01% | 0.03% | 0.10% |
| ▁▁▁▂▃█▇█ | Tang. Book Value ($M) | $30 | $30 | $31 | $32 | $34 | $40 | $39 | $41 |
| ▁▁▅▅▄▆█▇ | Gross Loans ($M) | $250 | $251 | $272 | $269 | $265 | $276 | $286 | $278 |
| ▂▁▁▄▇▃██ | Total Deposits ($M) | $347 | $342 | $345 | $358 | $369 | $355 | $378 | $374 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 7% |