Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.74% | +0.30 | 0.44% |
| Return on Equity (%) | ▲ | 5.70% | +1.43 | 4.27% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.35 | 3.30% |
| Efficiency Ratio (%) | ▲ | 81.34% | -5.81 | 87.15% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.31 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $540 | -41.73 | $582 |
| Gross Loans ($M) | ▼ | $359 | -50.45 | $409 |
| Loan Growth YoY (%) | ▼ | 78.15% | -4.82 | 82.97% |
| Total Deposits ($M) | ▼ | $452 | -33.04 | $485 |
| Shareholders Equity ($M) | ▲ | $75 | +14.73 | $60 |
| Tang. Book Value ($M) | ▲ | $75 | +14.73 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +14.55 | $62 |
| Loan / Deposit Ratio (%) | ▼ | 78.15% | -4.82 | 82.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.20 | 0.20% |
| Allowance / Loans (%) | — | 1.52% | -0.12% | 1.64% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.28 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.01% | +4.20 | 13.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▆▇▇██ | Net Interest Margin (%) | 2.24% | 2.38% | 3.20% | 3.30% | 3.36% | 3.40% | 3.52% | 3.66% |
| ▁▁▆▆▇▇██ | Return on Assets (%) | -0.29% | -0.29% | 0.41% | 0.44% | 0.50% | 0.60% | 0.73% | 0.74% |
| ██▃▃▃▂▁▂ | Efficiency Ratio (%) | 105.8% | 105.7% | 87.6% | 87.2% | 85.3% | 82.8% | 77.6% | 81.3% |
| █▅▃▃▃▃▁▁ | Cost of Funds (%) | 2.95% | 2.54% | 2.31% | 2.31% | 2.34% | 2.30% | 2.10% | 2.00% |
| █▁▇▄▅▄▄▁ | NPA / Assets (%) | 0.41% | 0.01% | 0.32% | 0.20% | 0.22% | 0.18% | 0.19% | 0.00% |
| █▁▆▄▅▄▄▁ | Net Charge-Off Ratio (%) | 0.61% | 0.01% | 0.46% | 0.29% | 0.32% | 0.27% | 0.27% | 0.01% |
| ▁▁▁▁▂▃██ | Tang. Book Value ($M) | $59 | $59 | $60 | $60 | $62 | $64 | $73 | $75 |
| ▇▆██▅▄▄▁ | Gross Loans ($M) | $405 | $392 | $412 | $409 | $388 | $382 | $380 | $359 |
| █▃▇▄▅▄▁▁ | Total Deposits ($M) | $524 | $476 | $513 | $485 | $495 | $486 | $452 | $452 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 22% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |