Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.72% | -0.05 | 1.77% |
| Return on Equity (%) | ▼ | 19.21% | -0.22 | 19.43% |
| Net Interest Margin (%) | ▼ | 4.17% | -0.12 | 4.29% |
| Efficiency Ratio (%) | ▲ | 56.80% | -1.69 | 58.49% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.05 | $4 |
| Cost of Funds (%) | ▲ | 1.92% | -0.17 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $831 | +42.92 | $788 |
| Gross Loans ($M) | ▲ | $620 | +13.83 | $606 |
| Loan Growth YoY (%) | ▼ | 80.95% | -2.47 | 83.42% |
| Total Deposits ($M) | ▲ | $756 | +39.27 | $717 |
| Shareholders Equity ($M) | ▲ | $72 | +3.96 | $68 |
| Tang. Book Value ($M) | ▲ | $72 | +3.96 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $79 | +4.46 | $75 |
| Loan / Deposit Ratio (%) | ▼ | 80.95% | -2.47 | 83.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.14 | 0.43% |
| Allowance / Loans (%) | — | 1.16% | -0.07% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 0.65% | +0.08 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.43 | 13.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▇█▇▁▁ | Net Interest Margin (%) | 4.32% | 4.34% | 4.24% | 4.29% | 4.32% | 4.31% | 4.15% | 4.17% |
| █▆▁▂▃▂▁▁ | Return on Assets (%) | 1.98% | 1.88% | 1.74% | 1.77% | 1.78% | 1.75% | 1.70% | 1.72% |
| ▁▂██▇▇▅▆ | Efficiency Ratio (%) | 52.4% | 53.3% | 58.1% | 58.5% | 57.5% | 57.7% | 55.6% | 56.8% |
| ██▅▅▅▃▁▁ | Cost of Funds (%) | 2.25% | 2.23% | 2.12% | 2.09% | 2.11% | 2.01% | 1.94% | 1.92% |
| ▁▁▁▃███▄ | NPA / Assets (%) | 0.21% | 0.27% | 0.21% | 0.43% | 0.89% | 0.94% | 0.96% | 0.57% |
| ▁▁▁▃███▄ | Net Charge-Off Ratio (%) | 0.28% | 0.36% | 0.27% | 0.56% | 1.15% | 1.21% | 1.11% | 0.65% |
| ▄▇▅▁▄██▅ | Tang. Book Value ($M) | $71 | $74 | $73 | $68 | $71 | $75 | $75 | $72 |
| ▄▃▁▄████ | Gross Loans ($M) | $608 | $604 | $597 | $606 | $617 | $618 | $617 | $620 |
| ▁▁▁▃▄▆▇█ | Total Deposits ($M) | $707 | $704 | $706 | $717 | $724 | $743 | $749 | $756 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 27% |