Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.98% | -0.02 | 1.99% |
| Return on Equity (%) | ▼ | 21.94% | -0.02 | 21.96% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.05 | 4.34% |
| Efficiency Ratio (%) | ▲ | 50.32% | -1.89 | 52.20% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.63 | $2 |
| Cost of Funds (%) | ▼ | 1.89% | +0.08 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $478 | +63.64 | $414 |
| Gross Loans ($M) | ▲ | $355 | +45.88 | $309 |
| Loan Growth YoY (%) | ▼ | 81.48% | -0.32 | 81.80% |
| Total Deposits ($M) | ▲ | $429 | +56.50 | $373 |
| Shareholders Equity ($M) | ▲ | $43 | +5.34 | $38 |
| Tang. Book Value ($M) | ▲ | $43 | +5.34 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +5.75 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 81.48% | -0.32 | 81.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.34% | -0.38 | 1.72% |
| Allowance / Loans (%) | — | 1.43% | 0.13% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 1.38% | -0.92 | 2.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.39% | -0.07 | 13.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▄▆█▃▆ | Net Interest Margin (%) | 4.23% | 4.29% | 4.34% | 4.34% | 4.39% | 4.48% | 4.30% | 4.39% |
| ▆▇█▆▆▆▁▆ | Return on Assets (%) | 1.98% | 2.02% | 2.13% | 1.99% | 2.01% | 1.99% | 1.67% | 1.98% |
| ▇▄▆▇▅█▇▁ | Efficiency Ratio (%) | 52.4% | 51.2% | 51.8% | 52.2% | 51.7% | 52.7% | 52.3% | 50.3% |
| ▃▃▁▅█▆▇▇ | Cost of Funds (%) | 1.71% | 1.73% | 1.61% | 1.81% | 1.93% | 1.85% | 1.85% | 1.89% |
| ▁▂▄█▇▇█▇ | NPA / Assets (%) | 0.17% | 0.40% | 0.86% | 1.72% | 1.43% | 1.39% | 1.62% | 1.34% |
| ▁▂▄█▇▅▆▅ | Net Charge-Off Ratio (%) | 0.22% | 0.53% | 1.13% | 2.30% | 1.91% | 1.36% | 1.75% | 1.38% |
| ▁▁▄▅▆▇▇█ | Tang. Book Value ($M) | $33 | $33 | $37 | $38 | $40 | $41 | $42 | $43 |
| ▁▂▃▄▅▇██ | Gross Loans ($M) | $277 | $288 | $299 | $309 | $316 | $337 | $346 | $355 |
| ▁▁▂▄▄▇██ | Total Deposits ($M) | $337 | $346 | $355 | $373 | $379 | $414 | $421 | $429 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 19% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 22% |