Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.17 | 1.41% |
| Return on Equity (%) | ▲ | 12.79% | +1.60 | 11.19% |
| Net Interest Margin (%) | ▼ | 5.00% | -0.04 | 5.04% |
| Efficiency Ratio (%) | ▲ | 58.07% | -4.33 | 62.41% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.36 | $2 |
| Cost of Funds (%) | ▼ | 1.60% | +0.17 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +49.24 | $346 |
| Gross Loans ($M) | ▲ | $304 | +38.71 | $265 |
| Loan Growth YoY (%) | ▼ | 86.81% | -1.64 | 88.45% |
| Total Deposits ($M) | ▲ | $346 | +49.88 | $296 |
| Shareholders Equity ($M) | ▲ | $48 | +4.60 | $44 |
| Tang. Book Value ($M) | ▲ | $48 | +4.60 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +4.85 | $46 |
| Loan / Deposit Ratio (%) | ▼ | 86.81% | -1.64 | 88.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.19 | 0.16% |
| Allowance / Loans (%) | — | 1.23% | -0.09% | 1.31% |
| Net Charge-Off Ratio (%) | ▼ | 0.45% | +0.25 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.59% | -0.54 | 18.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▆▇█▄▄ | Net Interest Margin (%) | 4.96% | 4.97% | 4.87% | 5.04% | 5.09% | 5.14% | 4.99% | 5.00% |
| ▃▅▁▃▅█▆█ | Return on Assets (%) | 1.38% | 1.46% | 1.29% | 1.41% | 1.48% | 1.61% | 1.52% | 1.58% |
| █▆█▆▄▂▂▁ | Efficiency Ratio (%) | 63.6% | 61.9% | 63.9% | 62.4% | 60.9% | 59.2% | 59.0% | 58.1% |
| ▅▅▁▃▆▅▂█ | Cost of Funds (%) | 1.50% | 1.48% | 1.36% | 1.43% | 1.51% | 1.50% | 1.41% | 1.60% |
| ▁▂▂▁▂▁▇█ | NPA / Assets (%) | 0.14% | 0.17% | 0.17% | 0.16% | 0.18% | 0.16% | 0.30% | 0.35% |
| ▁▂▂▁▂▁▇█ | Net Charge-Off Ratio (%) | 0.18% | 0.24% | 0.23% | 0.20% | 0.23% | 0.20% | 0.40% | 0.45% |
| ▁▂▂▃▅▇▇█ | Tang. Book Value ($M) | $41 | $43 | $42 | $44 | $45 | $47 | $47 | $48 |
| ▁▁▂▃▅▆▇█ | Gross Loans ($M) | $244 | $247 | $255 | $265 | $278 | $283 | $295 | $304 |
| ▁▂▃▂▄▄██ | Total Deposits ($M) | $280 | $296 | $297 | $296 | $312 | $309 | $343 | $346 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 6% |