Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.09 | 1.28% |
| Return on Equity (%) | ▼ | 14.56% | -2.52 | 17.08% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.44 | 3.67% |
| Efficiency Ratio (%) | ▼ | 66.05% | +1.11 | 64.94% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.09 | $2 |
| Cost of Funds (%) | ▲ | 1.31% | -0.29 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $630 | -1.14 | $631 |
| Gross Loans ($M) | ▼ | $397 | -13.76 | $410 |
| Loan Growth YoY (%) | ▼ | 69.13% | -2.60 | 71.73% |
| Total Deposits ($M) | ▲ | $564 | +1.18 | $563 |
| Shareholders Equity ($M) | ▲ | $59 | +8.26 | $51 |
| Tang. Book Value ($M) | ▲ | $59 | +8.26 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +7.93 | $58 |
| Loan / Deposit Ratio (%) | ▼ | 69.13% | -2.60 | 71.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.81 | 0.81% |
| Allowance / Loans (%) | — | 1.67% | 0.07% | 1.61% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.25 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.36% | +1.50 | 13.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▃▇███ | Net Interest Margin (%) | 3.71% | 3.69% | 3.49% | 3.67% | 3.97% | 4.04% | 4.06% | 4.11% |
| ▁▂▁▃▇█▄▄ | Return on Assets (%) | 1.15% | 1.25% | 1.16% | 1.28% | 1.54% | 1.64% | 1.37% | 1.37% |
| █▆▇▅▂▁▆▆ | Efficiency Ratio (%) | 68.9% | 66.5% | 66.6% | 64.9% | 61.0% | 59.5% | 65.9% | 66.1% |
| █▇▇▅▄▃▂▁ | Cost of Funds (%) | 1.81% | 1.72% | 1.73% | 1.60% | 1.50% | 1.44% | 1.37% | 1.31% |
| ▁███▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.77% | 0.77% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁███▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 1.26% | 1.25% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▃▄▆███ | Tang. Book Value ($M) | $49 | $46 | $49 | $51 | $55 | $58 | $59 | $59 |
| ▅▅███▂▁▄ | Gross Loans ($M) | $401 | $401 | $408 | $410 | $409 | $392 | $387 | $397 |
| ▂▇█▄▃▄▁▄ | Total Deposits ($M) | $553 | $584 | $592 | $563 | $558 | $564 | $543 | $564 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 24% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 3% |