Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.79% | +0.18 | 0.61% |
| Return on Equity (%) | ▲ | 4.63% | +1.00 | 3.63% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.35 | 2.90% |
| Efficiency Ratio (%) | ▲ | 59.94% | -7.14 | 67.07% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.61 | $2 |
| Cost of Funds (%) | ▲ | 1.65% | -0.21 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $722 | +10.12 | $712 |
| Gross Loans ($M) | ▼ | $548 | -23.27 | $572 |
| Loan Growth YoY (%) | ▼ | 91.91% | -4.87 | 96.78% |
| Total Deposits ($M) | ▲ | $591 | +6.21 | $585 |
| Shareholders Equity ($M) | ▲ | $124 | +4.12 | $120 |
| Tang. Book Value ($M) | ▲ | $123 | +4.12 | $119 |
| TBV excl. AOCI ($M)** | ▲ | $125 | +4.49 | $121 |
| Loan / Deposit Ratio (%) | ▼ | 91.91% | -4.87 | 96.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.85% | -0.63 | 1.48% |
| Allowance / Loans (%) | — | 0.91% | -0.05% | 0.96% |
| Net Charge-Off Ratio (%) | ▲ | 1.13% | -0.72 | 1.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▂▄▅▆█ | Net Interest Margin (%) | 2.94% | 2.97% | 2.78% | 2.90% | 2.96% | 3.03% | 3.11% | 3.25% |
| ▅█▁▃▄█▆▇ | Return on Assets (%) | 0.73% | 0.87% | 0.49% | 0.61% | 0.67% | 0.86% | 0.76% | 0.79% |
| ▃▁█▆▄▁▄▂ | Efficiency Ratio (%) | 61.2% | 57.0% | 72.3% | 67.1% | 64.3% | 58.6% | 63.2% | 59.9% |
| ██▅▆▆▃▁▁ | Cost of Funds (%) | 1.94% | 1.90% | 1.82% | 1.85% | 1.85% | 1.74% | 1.64% | 1.65% |
| ▁▁█▆▆▆▄▄ | NPA / Assets (%) | 0.05% | 0.05% | 2.05% | 1.48% | 1.40% | 1.41% | 0.85% | 0.85% |
| ▁▁█▆▆▇▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 2.50% | 1.85% | 1.82% | 1.88% | 1.14% | 1.13% |
| ▁▂▂▃▅▆▇█ | Tang. Book Value ($M) | $117 | $118 | $118 | $119 | $120 | $121 | $122 | $123 |
| ▇██▇▄▁▁▂ | Gross Loans ($M) | $572 | $581 | $577 | $572 | $561 | $546 | $543 | $548 |
| ▁▃▁▂▇██▅ | Total Deposits ($M) | $580 | $588 | $581 | $585 | $599 | $602 | $601 | $591 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 22% |