Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.02 | 1.45% |
| Return on Equity (%) | ▼ | 15.06% | -2.22 | 17.28% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.25 | 3.96% |
| Efficiency Ratio (%) | ▼ | 55.19% | +4.05 | 51.14% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.17 | $2 |
| Cost of Funds (%) | ▲ | 0.24% | -0.19 | 0.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $282 | +0.72 | $281 |
| Gross Loans ($M) | ▲ | $131 | +20.98 | $110 |
| Loan Growth YoY (%) | ▲ | 51.71% | +8.55 | 43.15% |
| Total Deposits ($M) | ▼ | $252 | -1.57 | $253 |
| Shareholders Equity ($M) | ▲ | $28 | +2.68 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +2.68 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +2.38 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 51.71% | +8.55 | 43.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.35 | 0.31% |
| Allowance / Loans (%) | — | 1.02% | -0.07% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 1.41% | +0.63 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -21.97 | 21.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇▇▇██ | Net Interest Margin (%) | 3.08% | 3.21% | 3.77% | 3.96% | 3.99% | 4.06% | 4.10% | 4.21% |
| ▁▂▆███▇█ | Return on Assets (%) | 0.95% | 1.03% | 1.34% | 1.45% | 1.44% | 1.49% | 1.40% | 1.48% |
| █▆▄▁▁▁▄▃ | Efficiency Ratio (%) | 62.8% | 59.2% | 55.8% | 51.1% | 51.9% | 52.0% | 56.0% | 55.2% |
| █▆▄▄▄▂▁▁ | Cost of Funds (%) | 0.65% | 0.50% | 0.40% | 0.43% | 0.41% | 0.29% | 0.23% | 0.24% |
| ▁▂▂▂▁▅▆█ | NPA / Assets (%) | 0.26% | 0.32% | 0.30% | 0.31% | 0.25% | 0.46% | 0.51% | 0.66% |
| ▂▃▃▂▁▅▆█ | Net Charge-Off Ratio (%) | 0.75% | 0.87% | 0.83% | 0.78% | 0.61% | 1.05% | 1.18% | 1.41% |
| ▁▁▃▅▇███ | Tang. Book Value ($M) | $22 | $22 | $24 | $26 | $27 | $28 | $28 | $28 |
| ▁▂▃▄▅█▇█ | Gross Loans ($M) | $97 | $104 | $106 | $110 | $116 | $127 | $126 | $131 |
| ▁▆█▂▃▆▇▁ | Total Deposits ($M) | $251 | $259 | $262 | $253 | $255 | $258 | $260 | $252 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 8% |
| Consumer | 10% |
| Other | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 1% |