Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.61% | +0.42 | 2.19% |
| Return on Equity (%) | ▲ | 14.19% | +1.31 | 12.88% |
| Net Interest Margin (%) | ▲ | 4.65% | +0.27 | 4.37% |
| Efficiency Ratio (%) | ▲ | 44.88% | -5.32 | 50.20% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.46 | $5 |
| Cost of Funds (%) | ▲ | 1.61% | -0.16 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $735 | +28.78 | $706 |
| Gross Loans ($M) | ▲ | $499 | +34.19 | $465 |
| Loan Growth YoY (%) | ▲ | 82.26% | +3.81 | 78.44% |
| Total Deposits ($M) | ▲ | $600 | +13.90 | $586 |
| Shareholders Equity ($M) | ▲ | $131 | +12.72 | $119 |
| Tang. Book Value ($M) | ▲ | $129 | +12.72 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $136 | +13.06 | $123 |
| Loan / Deposit Ratio (%) | ▲ | 82.26% | +3.81 | 78.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.85% | -0.37 | 1.22% |
| Allowance / Loans (%) | — | 1.19% | 0.00% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 1.23% | -0.56 | 1.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 4.07% | 4.13% | 4.24% | 4.37% | 4.48% | 4.54% | 4.63% | 4.65% |
| ▅▅▁▄▆▅█▇ | Return on Assets (%) | 2.30% | 2.27% | 1.66% | 2.19% | 2.43% | 2.39% | 2.84% | 2.61% |
| ▃▃█▄▃▃▁▂ | Efficiency Ratio (%) | 46.1% | 47.5% | 60.3% | 50.2% | 46.5% | 47.7% | 40.3% | 44.9% |
| █▇▄▄▄▂▁▁ | Cost of Funds (%) | 2.00% | 1.92% | 1.78% | 1.77% | 1.77% | 1.68% | 1.61% | 1.61% |
| ▁▁▁██▆▆▃ | NPA / Assets (%) | 0.72% | 0.70% | 0.76% | 1.22% | 1.16% | 1.06% | 1.08% | 0.85% |
| ▁▂▃█▆▆▇▃ | Net Charge-Off Ratio (%) | 0.94% | 1.06% | 1.16% | 1.79% | 1.56% | 1.50% | 1.59% | 1.23% |
| ▁▁▂▁▄▇█▇ | Tang. Book Value ($M) | $116 | $117 | $119 | $116 | $124 | $129 | $133 | $129 |
| ▁▁▁▂▅▆▇█ | Gross Loans ($M) | $461 | $456 | $462 | $465 | $478 | $486 | $493 | $499 |
| ▁▂▆▅▃▂▅█ | Total Deposits ($M) | $568 | $572 | $589 | $586 | $576 | $572 | $585 | $600 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 6% |
| Consumer | 5% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 14% |