Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.87% | -0.06 | 0.93% |
| Return on Equity (%) | ▼ | 10.27% | -0.29 | 10.56% |
| Net Interest Margin (%) | ▼ | 4.40% | -0.04 | 4.44% |
| Efficiency Ratio (%) | ▼ | 68.03% | +0.83 | 67.21% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.33 | $4 |
| Cost of Funds (%) | ▲ | 2.72% | -0.02 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,023 | +186.45 | $836 |
| Gross Loans ($M) | ▲ | $889 | +184.86 | $704 |
| Loan Growth YoY (%) | ▲ | 95.40% | +1.86 | 93.54% |
| Total Deposits ($M) | ▲ | $919 | +176.95 | $742 |
| Shareholders Equity ($M) | ▲ | $87 | +14.42 | $72 |
| Tang. Book Value ($M) | ▲ | $87 | +14.42 | $72 |
| TBV excl. AOCI ($M)** | ▲ | $89 | +13.31 | $75 |
| Loan / Deposit Ratio (%) | ▲ | 95.40% | +1.86 | 93.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -0.22 | 0.75% |
| Allowance / Loans (%) | — | 1.34% | -0.03% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.50% | -0.23 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█████ | Net Interest Margin (%) | 3.87% | 3.97% | 4.34% | 4.44% | 4.48% | 4.42% | 4.46% | 4.40% |
| ▁▃▁▇██▇▆ | Return on Assets (%) | 0.66% | 0.76% | 0.68% | 0.93% | 0.97% | 0.95% | 0.90% | 0.87% |
| █▇▆▁▁▂▁▂ | Efficiency Ratio (%) | 76.5% | 74.4% | 73.0% | 67.2% | 66.1% | 68.1% | 67.4% | 68.0% |
| ▇█▂▂▃▂▁▁ | Cost of Funds (%) | 3.18% | 3.29% | 2.80% | 2.74% | 2.85% | 2.77% | 2.66% | 2.72% |
| █▄▄▂▂▁▁▁ | NPA / Assets (%) | 1.47% | 0.97% | 0.90% | 0.75% | 0.67% | 0.57% | 0.56% | 0.53% |
| █▄▃▂▂▂▁▁ | Net Charge-Off Ratio (%) | 1.51% | 0.88% | 0.87% | 0.74% | 0.68% | 0.66% | 0.52% | 0.50% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $66 | $67 | $70 | $72 | $75 | $77 | $83 | $87 |
| ▁▁▂▃▄▅▇█ | Gross Loans ($M) | $635 | $634 | $670 | $704 | $735 | $775 | $848 | $889 |
| ▁▁▂▃▄▅▇█ | Total Deposits ($M) | $678 | $671 | $723 | $742 | $769 | $816 | $880 | $919 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 30% |