Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.40 | 0.58% |
| Return on Equity (%) | ▲ | 14.53% | +2.72 | 11.81% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.77 | 2.78% |
| Efficiency Ratio (%) | ▲ | 74.23% | -10.10 | 84.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.52 | $1 |
| Cost of Funds (%) | ▲ | 1.29% | -0.46 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $462 | -54.52 | $516 |
| Gross Loans ($M) | ▲ | $309 | +10.00 | $299 |
| Loan Growth YoY (%) | ▼ | 84.81% | -1.71 | 86.52% |
| Total Deposits ($M) | ▲ | $360 | +18.31 | $341 |
| Shareholders Equity ($M) | ▲ | $32 | +4.48 | $27 |
| Tang. Book Value ($M) | ▲ | $32 | +4.48 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +1.37 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 84.81% | -1.71 | 86.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.08 | 0.23% |
| Allowance / Loans (%) | — | 1.17% | 0.06% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.38 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.80% | +0.46 | 12.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▄▅██ | Net Interest Margin (%) | 2.22% | 2.32% | 2.79% | 2.78% | 2.85% | 2.94% | 3.44% | 3.54% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 0.27% | 0.29% | 0.61% | 0.58% | 0.65% | 0.64% | 0.92% | 0.98% |
| ██▇▆▆▅▁▁ | Efficiency Ratio (%) | 89.0% | 88.3% | 86.6% | 84.3% | 84.2% | 82.7% | 75.4% | 74.2% |
| ▇█▅▆▇▂▁▁ | Cost of Funds (%) | 1.79% | 1.94% | 1.69% | 1.75% | 1.85% | 1.38% | 1.35% | 1.29% |
| ▁▂▁▁▃▇█▇ | NPA / Assets (%) | 0.23% | 0.25% | 0.24% | 0.23% | 0.25% | 0.31% | 0.32% | 0.31% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.09% | 0.09% | 0.08% | 0.08% | 0.08% | 0.47% | 0.48% | 0.47% |
| ▄▁▃▅▇███ | Tang. Book Value ($M) | $26 | $22 | $25 | $27 | $30 | $31 | $31 | $32 |
| ▁▃▄▃▄██▇ | Gross Loans ($M) | $289 | $297 | $299 | $299 | $299 | $313 | $314 | $309 |
| ▅▇█▁▄██▇ | Total Deposits ($M) | $354 | $359 | $361 | $341 | $351 | $361 | $364 | $360 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 18% |