Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.47 | 0.61% |
| Return on Equity (%) | ▲ | 6.91% | +2.84 | 4.07% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.82 | 2.96% |
| Efficiency Ratio (%) | ▲ | 62.23% | -12.58 | 74.81% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.91 | $1 |
| Cost of Funds (%) | ▲ | 2.36% | -0.36 | 2.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $658 | +3.02 | $655 |
| Gross Loans ($M) | ▲ | $457 | +10.60 | $446 |
| Loan Growth YoY (%) | ▲ | 89.53% | +3.54 | 85.99% |
| Total Deposits ($M) | ▼ | $505 | -8.15 | $513 |
| Shareholders Equity ($M) | ▲ | $106 | +6.44 | $100 |
| Tang. Book Value ($M) | ▲ | $104 | +6.43 | $98 |
| TBV excl. AOCI ($M)** | ▲ | $109 | +7.14 | $102 |
| Loan / Deposit Ratio (%) | ▲ | 89.53% | +3.54 | 85.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.88 | 1.06% |
| Allowance / Loans (%) | — | 1.12% | -0.09% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -1.30 | 1.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▃██ | Net Interest Margin (%) | 2.93% | 2.95% | 2.89% | 2.96% | 3.08% | 3.19% | 3.84% | 3.78% |
| ▂▂▁▂▃▄██ | Return on Assets (%) | 0.60% | 0.64% | 0.51% | 0.61% | 0.74% | 0.83% | 1.16% | 1.08% |
| █▇██▆▄▁▂ | Efficiency Ratio (%) | 76.7% | 74.2% | 76.6% | 74.8% | 70.7% | 68.1% | 59.6% | 62.2% |
| ██▇▆▄▃▁▁ | Cost of Funds (%) | 2.91% | 2.90% | 2.81% | 2.72% | 2.59% | 2.55% | 2.37% | 2.36% |
| ▆███▃▃▁▁ | NPA / Assets (%) | 0.79% | 1.07% | 1.04% | 1.06% | 0.40% | 0.46% | 0.14% | 0.18% |
| ▆███▃▃▁▁ | Net Charge-Off Ratio (%) | 1.16% | 1.56% | 1.50% | 1.55% | 0.59% | 0.68% | 0.21% | 0.26% |
| ▁▁▂▄▅▆██ | Tang. Book Value ($M) | $94 | $94 | $96 | $98 | $99 | $101 | $103 | $104 |
| ▁▇▄▁▅▇█▆ | Gross Loans ($M) | $448 | $461 | $453 | $446 | $456 | $461 | $463 | $457 |
| ▃█▅▃▆▇▅▁ | Total Deposits ($M) | $514 | $535 | $522 | $513 | $525 | $528 | $523 | $505 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 34% |