Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.76% | -0.03 | 0.79% |
| Return on Equity (%) | ▲ | 6.55% | +0.55 | 6.00% |
| Net Interest Margin (%) | ▼ | 3.51% | -0.14 | 3.65% |
| Efficiency Ratio (%) | ▲ | 67.10% | -0.84 | 67.93% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.14 | $3 |
| Cost of Funds (%) | ▲ | 2.49% | -0.02 | 2.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,214 | +193.24 | $1,021 |
| Gross Loans ($M) | ▲ | $991 | +157.74 | $833 |
| Loan Growth YoY (%) | ▼ | 92.96% | -1.82 | 94.77% |
| Total Deposits ($M) | ▲ | $1,051 | +185.92 | $865 |
| Shareholders Equity ($M) | ▲ | $137 | +7.96 | $129 |
| Tang. Book Value ($M) | ▲ | $137 | +7.97 | $129 |
| TBV excl. AOCI ($M)** | ▲ | $139 | +7.55 | $131 |
| Loan / Deposit Ratio (%) | ▼ | 92.96% | -1.82 | 94.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.76% | +0.65 | 1.11% |
| Allowance / Loans (%) | — | 1.38% | -0.18% | 1.57% |
| Net Charge-Off Ratio (%) | ▼ | 2.16% | +1.01 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▆▇██▅▁ | Net Interest Margin (%) | 3.64% | 3.63% | 3.62% | 3.65% | 3.67% | 3.66% | 3.61% | 3.51% |
| ▃▆▄▅▆▁█▄ | Return on Assets (%) | 0.74% | 0.82% | 0.77% | 0.79% | 0.81% | 0.68% | 0.87% | 0.76% |
| ▆▃▄▄▃█▁▃ | Efficiency Ratio (%) | 70.3% | 67.9% | 68.6% | 67.9% | 67.4% | 72.3% | 65.3% | 67.1% |
| ▇█▃▃▃▁▁▃ | Cost of Funds (%) | 2.74% | 2.79% | 2.51% | 2.52% | 2.53% | 2.40% | 2.39% | 2.49% |
| ▁▂▂▅▅▄▃█ | NPA / Assets (%) | 0.06% | 0.46% | 0.41% | 1.11% | 0.93% | 0.70% | 0.66% | 1.76% |
| ▁▂▂▅▄▃▃█ | Net Charge-Off Ratio (%) | 0.08% | 0.56% | 0.35% | 1.15% | 0.91% | 0.82% | 0.79% | 2.16% |
| ▁▂▄▁▃▄▆█ | Tang. Book Value ($M) | $129 | $131 | $133 | $129 | $132 | $133 | $135 | $137 |
| ▁▁▁▂▄▇██ | Gross Loans ($M) | $788 | $796 | $806 | $833 | $874 | $953 | $971 | $991 |
| ▁▁▁▂▃▅▇█ | Total Deposits ($M) | $815 | $808 | $825 | $865 | $893 | $954 | $996 | $1,051 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 23% |