Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.01 | 0.92% |
| Return on Equity (%) | ▼ | 10.90% | -0.06 | 10.96% |
| Net Interest Margin (%) | ▼ | 4.23% | -0.05 | 4.28% |
| Efficiency Ratio (%) | ▼ | 71.96% | +0.30 | 71.67% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.17 | $2 |
| Cost of Funds (%) | ▲ | 1.44% | -0.12 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $612 | +81.11 | $531 |
| Gross Loans ($M) | ▲ | $453 | +18.46 | $435 |
| Loan Growth YoY (%) | ▼ | 82.37% | -9.98 | 92.34% |
| Total Deposits ($M) | ▲ | $542 | +78.51 | $463 |
| Shareholders Equity ($M) | ▲ | $50 | +4.92 | $45 |
| Tang. Book Value ($M) | ▲ | $50 | +4.92 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +4.84 | $48 |
| Loan / Deposit Ratio (%) | ▼ | 82.37% | -9.98 | 92.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.06 | 0.36% |
| Allowance / Loans (%) | — | 1.56% | -0.07% | 1.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.03 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.80% | +0.11 | 11.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇██▇▇ | Net Interest Margin (%) | 3.68% | 3.81% | 4.13% | 4.28% | 4.36% | 4.37% | 4.22% | 4.23% |
| ▁▁▄▆▆█▅▆ | Return on Assets (%) | 0.52% | 0.57% | 0.82% | 0.92% | 0.98% | 1.13% | 0.84% | 0.93% |
| ██▃▁▁▁▄▂ | Efficiency Ratio (%) | 80.8% | 80.2% | 73.7% | 71.7% | 70.6% | 71.5% | 74.5% | 72.0% |
| ██▄▂▅▃▂▁ | Cost of Funds (%) | 1.97% | 2.02% | 1.69% | 1.55% | 1.73% | 1.64% | 1.54% | 1.44% |
| ▁▁█████▇ | NPA / Assets (%) | 0.00% | 0.04% | 0.38% | 0.36% | 0.36% | 0.34% | 0.36% | 0.30% |
| ▁▁█████▇ | Net Charge-Off Ratio (%) | 0.00% | 0.06% | 0.48% | 0.45% | 0.45% | 0.44% | 0.48% | 0.41% |
| ▁▁▁▃▆█▇█ | Tang. Book Value ($M) | $44 | $43 | $43 | $45 | $48 | $50 | $49 | $50 |
| ▃▁▁▅▄▄▆█ | Gross Loans ($M) | $422 | $408 | $413 | $435 | $426 | $426 | $437 | $453 |
| ▂▁▁▂▂▃▆█ | Total Deposits ($M) | $462 | $442 | $453 | $463 | $461 | $478 | $506 | $542 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 17% |