Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.51% | +0.20 | 0.31% |
| Return on Equity (%) | ▲ | 5.23% | +1.73 | 3.50% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.43 | 3.55% |
| Efficiency Ratio (%) | ▲ | 83.83% | -7.02 | 90.86% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.20 | $0 |
| Cost of Funds (%) | ▲ | 2.04% | -0.29 | 2.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $255 | -8.79 | $263 |
| Gross Loans ($M) | ▼ | $202 | -5.76 | $207 |
| Loan Growth YoY (%) | ▲ | 100.66% | +2.31 | 98.35% |
| Total Deposits ($M) | ▼ | $199 | -10.14 | $209 |
| Shareholders Equity ($M) | ▲ | $25 | +1.65 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +1.65 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +1.59 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 100.66% | +2.31 | 98.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.13 | 0.30% |
| Allowance / Loans (%) | — | 0.70% | -0.17% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.16 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.17% | +1.42 | 13.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▃▄██ | Net Interest Margin (%) | 3.58% | 3.59% | 3.53% | 3.55% | 3.66% | 3.75% | 3.96% | 3.99% |
| ▁▂▂▃▆██▇ | Return on Assets (%) | 0.23% | 0.31% | 0.30% | 0.31% | 0.44% | 0.54% | 0.55% | 0.51% |
| █▆▆▇▅▃▁▂ | Efficiency Ratio (%) | 92.5% | 89.9% | 89.6% | 90.9% | 88.0% | 85.1% | 82.2% | 83.8% |
| ▆█▆▅▅▃▁▁ | Cost of Funds (%) | 2.42% | 2.55% | 2.37% | 2.33% | 2.33% | 2.21% | 2.10% | 2.04% |
| ▁▁▂▁▂█▃▂ | NPA / Assets (%) | 0.28% | 0.31% | 0.41% | 0.30% | 0.45% | 1.01% | 0.51% | 0.42% |
| ▁▁▂▁▂█▃▂ | Net Charge-Off Ratio (%) | 0.35% | 0.39% | 0.50% | 0.38% | 0.54% | 1.27% | 0.63% | 0.54% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $22 | $22 | $23 | $23 | $24 | $25 | $25 | $25 |
| ▃▂▆▄█▄▃▁ | Gross Loans ($M) | $205 | $205 | $210 | $207 | $215 | $207 | $206 | $202 |
| ▅▃▅█▅▅▂▁ | Total Deposits ($M) | $205 | $202 | $205 | $209 | $205 | $204 | $201 | $199 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |