Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.85% | -0.05 | 0.90% |
| Return on Equity (%) | ▼ | 4.77% | -0.42 | 5.19% |
| Net Interest Margin (%) | ▼ | 3.13% | -0.05 | 3.18% |
| Efficiency Ratio (%) | ▼ | 66.56% | +1.40 | 65.16% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▼ | 1.86% | +0.27 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $360 | +2.47 | $358 |
| Gross Loans ($M) | ▲ | $234 | +26.66 | $208 |
| Loan Growth YoY (%) | ▲ | 82.86% | +13.62 | 69.24% |
| Total Deposits ($M) | ▼ | $280 | -16.12 | $296 |
| Shareholders Equity ($M) | ▲ | $65 | +3.97 | $61 |
| Tang. Book Value ($M) | ▲ | $65 | +3.97 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +3.90 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 82.86% | +13.62 | 69.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.44% | +0.53 | 0.91% |
| Allowance / Loans (%) | — | 1.11% | -0.28% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 1.78% | +0.85 | 0.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 27.83% | -2.33 | 30.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▆▆▆▄▅ | Net Interest Margin (%) | 2.81% | 2.84% | 3.33% | 3.18% | 3.14% | 3.17% | 3.03% | 3.13% |
| ▁▁█████▇ | Return on Assets (%) | 0.60% | 0.63% | 0.90% | 0.90% | 0.88% | 0.88% | 0.91% | 0.85% |
| █▇▁▁▁▁▂▂ | Efficiency Ratio (%) | 75.5% | 74.2% | 66.3% | 65.2% | 65.3% | 65.3% | 66.9% | 66.6% |
| ▆▆▃▁▅▄▇█ | Cost of Funds (%) | 1.77% | 1.76% | 1.66% | 1.59% | 1.74% | 1.71% | 1.80% | 1.86% |
| ▁▂▃▂████ | NPA / Assets (%) | 0.78% | 0.94% | 0.96% | 0.91% | 1.38% | 1.39% | 1.44% | 1.44% |
| ▁▂▂▂████ | Net Charge-Off Ratio (%) | 0.65% | 0.91% | 0.93% | 0.93% | 1.75% | 1.70% | 1.80% | 1.78% |
| ▁▁▂▄▇▆▇█ | Tang. Book Value ($M) | $58 | $58 | $59 | $61 | $64 | $63 | $64 | $65 |
| ▁▂▂▂▃█▇█ | Gross Loans ($M) | $200 | $204 | $205 | $208 | $211 | $236 | $230 | $234 |
| ▁▁▃██▆▇▃ | Total Deposits ($M) | $271 | $273 | $278 | $296 | $294 | $287 | $291 | $280 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 8% |
| Consumer | 8% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 32% |