Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.14 | 1.69% |
| Return on Equity (%) | ▼ | 20.61% | -1.55 | 22.16% |
| Net Interest Margin (%) | ▲ | 4.50% | +0.18 | 4.32% |
| Efficiency Ratio (%) | ▲ | 44.90% | -1.84 | 46.74% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.46 | $3 |
| Cost of Funds (%) | ▲ | 2.72% | -0.11 | 2.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $513 | +31.20 | $481 |
| Gross Loans ($M) | ▲ | $421 | +19.64 | $402 |
| Loan Growth YoY (%) | ▼ | 93.45% | -2.41 | 95.86% |
| Total Deposits ($M) | ▲ | $445 | +30.51 | $414 |
| Shareholders Equity ($M) | ▲ | $49 | +10.34 | $38 |
| Tang. Book Value ($M) | ▲ | $49 | +10.34 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +10.21 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 93.45% | -2.41 | 95.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.08 | 0.19% |
| Allowance / Loans (%) | — | 1.36% | 0.20% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.32% | +0.10 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.54 | 11.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇▇▇▇█ | Net Interest Margin (%) | 3.73% | 3.79% | 4.26% | 4.32% | 4.36% | 4.38% | 4.39% | 4.50% |
| ▁▁▆▆▇▆██ | Return on Assets (%) | 1.35% | 1.31% | 1.66% | 1.69% | 1.76% | 1.65% | 1.78% | 1.84% |
| ██▅▃▁▂▁▁ | Efficiency Ratio (%) | 50.0% | 50.3% | 47.7% | 46.7% | 45.4% | 45.7% | 44.9% | 44.9% |
| ▇█▃▂▄▂▁▁ | Cost of Funds (%) | 3.19% | 3.29% | 2.89% | 2.83% | 2.95% | 2.85% | 2.76% | 2.72% |
| ▂▁▃▄▅▄██ | NPA / Assets (%) | 0.14% | 0.12% | 0.17% | 0.19% | 0.20% | 0.19% | 0.26% | 0.26% |
| ▁▂▃▅▄▃██ | Net Charge-Off Ratio (%) | 0.10% | 0.13% | 0.18% | 0.22% | 0.19% | 0.17% | 0.31% | 0.32% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $35 | $33 | $36 | $38 | $42 | $43 | $45 | $49 |
| ▁▁▄▆▇███ | Gross Loans ($M) | $358 | $366 | $384 | $402 | $415 | $418 | $425 | $421 |
| ▁▁▁▁▄██▇ | Total Deposits ($M) | $416 | $413 | $418 | $414 | $431 | $452 | $450 | $445 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 15% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 16% |