Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.90% | +0.06 | 1.84% |
| Return on Equity (%) | ▲ | 14.25% | +0.18 | 14.07% |
| Net Interest Margin (%) | ▼ | 4.96% | -0.12 | 5.08% |
| Efficiency Ratio (%) | ▲ | 48.39% | -2.03 | 50.43% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.59 | $4 |
| Cost of Funds (%) | ▲ | 1.61% | -0.05 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $755 | +55.53 | $699 |
| Gross Loans ($M) | ▲ | $540 | +12.23 | $528 |
| Loan Growth YoY (%) | ▼ | 81.58% | -4.47 | 86.05% |
| Total Deposits ($M) | ▲ | $653 | +47.53 | $606 |
| Shareholders Equity ($M) | ▲ | $97 | +7.94 | $90 |
| Tang. Book Value ($M) | ▲ | $97 | +8.10 | $89 |
| TBV excl. AOCI ($M)** | ▲ | $98 | +8.07 | $90 |
| Loan / Deposit Ratio (%) | ▼ | 81.58% | -4.47 | 86.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.53 | 0.83% |
| Allowance / Loans (%) | — | 1.31% | 0.07% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 0.43% | -0.68 | 1.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▄▅▅▁▁ | Net Interest Margin (%) | 5.36% | 5.31% | 5.13% | 5.08% | 5.17% | 5.18% | 4.92% | 4.96% |
| ▇█▆▅▁▄▆▇ | Return on Assets (%) | 1.90% | 1.93% | 1.86% | 1.84% | 1.72% | 1.83% | 1.87% | 1.90% |
| ▇▅▇█▂▁▂▁ | Efficiency Ratio (%) | 50.1% | 49.5% | 50.1% | 50.4% | 48.6% | 48.2% | 48.6% | 48.4% |
| ▅▄▄▄██▁▁ | Cost of Funds (%) | 1.68% | 1.67% | 1.67% | 1.67% | 1.73% | 1.73% | 1.62% | 1.61% |
| ▁▁▁█▃▃▂▂ | NPA / Assets (%) | 0.25% | 0.17% | 0.23% | 0.83% | 0.36% | 0.38% | 0.33% | 0.31% |
| ▁▁▁█▃▃▃▂ | Net Charge-Off Ratio (%) | 0.32% | 0.22% | 0.30% | 1.11% | 0.50% | 0.54% | 0.46% | 0.43% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $83 | $86 | $89 | $89 | $92 | $95 | $98 | $97 |
| ▁▂▄▇▄▂▅█ | Gross Loans ($M) | $486 | $499 | $512 | $528 | $512 | $496 | $516 | $540 |
| ▁▂▄▅▆▅▆█ | Total Deposits ($M) | $538 | $561 | $586 | $606 | $616 | $605 | $619 | $653 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 9% |