Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.52% | +0.21 | 0.31% |
| Return on Equity (%) | ▲ | 5.54% | +1.94 | 3.60% |
| Net Interest Margin (%) | ▲ | 3.36% | +0.26 | 3.10% |
| Efficiency Ratio (%) | ▲ | 79.29% | -7.08 | 86.36% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.76 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.13 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $718 | +22.61 | $696 |
| Gross Loans ($M) | ▲ | $527 | +17.22 | $510 |
| Loan Growth YoY (%) | ▲ | 81.13% | +0.37 | 80.76% |
| Total Deposits ($M) | ▲ | $643 | +18.05 | $625 |
| Shareholders Equity ($M) | ▲ | $68 | +5.67 | $62 |
| Tang. Book Value ($M) | ▲ | $68 | +5.67 | $62 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +6.09 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 81.13% | +0.37 | 80.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.36 | 0.22% |
| Allowance / Loans (%) | — | 1.01% | 0.02% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.74% | +0.43 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.01% | +0.29 | 12.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▄▅▇█ | Net Interest Margin (%) | 3.11% | 3.08% | 3.04% | 3.10% | 3.19% | 3.23% | 3.28% | 3.36% |
| ▄▄▁▁▅▇▅█ | Return on Assets (%) | 0.40% | 0.39% | 0.29% | 0.31% | 0.42% | 0.48% | 0.41% | 0.52% |
| ▄▄█▇▄▃▅▁ | Efficiency Ratio (%) | 83.3% | 83.6% | 88.6% | 86.4% | 83.1% | 81.7% | 84.0% | 79.3% |
| ▇█▆▄▂▃▁▁ | Cost of Funds (%) | 2.01% | 2.06% | 1.98% | 1.85% | 1.80% | 1.81% | 1.72% | 1.72% |
| █▁▂▁▂▁▄█ | NPA / Assets (%) | 0.56% | 0.23% | 0.25% | 0.22% | 0.27% | 0.20% | 0.38% | 0.58% |
| █▁▂▁▂▁▄█ | Net Charge-Off Ratio (%) | 0.78% | 0.32% | 0.35% | 0.30% | 0.38% | 0.28% | 0.48% | 0.74% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $60 | $58 | $61 | $62 | $65 | $67 | $67 | $68 |
| ▁▃▁▄▃▅▅█ | Gross Loans ($M) | $499 | $508 | $499 | $510 | $508 | $515 | $516 | $527 |
| ▁▃▅▅████ | Total Deposits ($M) | $601 | $616 | $626 | $625 | $643 | $640 | $645 | $643 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 8% |