Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.54 | 1.09% |
| Return on Equity (%) | ▲ | 15.86% | +4.77 | 11.09% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.53 | 3.60% |
| Efficiency Ratio (%) | ▲ | 59.93% | -9.57 | 69.50% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.85 | $2 |
| Cost of Funds (%) | ▲ | 1.51% | -0.30 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $625 | +11.92 | $613 |
| Gross Loans ($M) | ▲ | $486 | +16.23 | $470 |
| Loan Growth YoY (%) | ▲ | 86.29% | +1.86 | 84.43% |
| Total Deposits ($M) | ▲ | $557 | +6.72 | $550 |
| Shareholders Equity ($M) | ▲ | $66 | +5.14 | $61 |
| Tang. Book Value ($M) | ▲ | $66 | +5.14 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +5.07 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 86.29% | +1.86 | 84.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.29 | 0.30% |
| Allowance / Loans (%) | — | 1.14% | 0.01% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.38 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.59% | +0.45 | 14.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 3.23% | 3.32% | 3.54% | 3.60% | 3.64% | 3.76% | 4.08% | 4.14% |
| ▁▁▃▃▅▆██ | Return on Assets (%) | 0.81% | 0.91% | 1.03% | 1.09% | 1.30% | 1.39% | 1.63% | 1.63% |
| █▇▆▆▄▃▁▁ | Efficiency Ratio (%) | 74.7% | 72.8% | 70.5% | 69.5% | 65.6% | 63.8% | 59.7% | 59.9% |
| ██▅▆▆▅▂▁ | Cost of Funds (%) | 1.92% | 1.88% | 1.76% | 1.81% | 1.78% | 1.73% | 1.58% | 1.51% |
| ██▇▅▅▁▁▁ | NPA / Assets (%) | 0.50% | 0.44% | 0.41% | 0.30% | 0.28% | 0.04% | 0.03% | 0.01% |
| █▇▇▅▅▁▁▁ | Net Charge-Off Ratio (%) | 0.64% | 0.55% | 0.54% | 0.39% | 0.38% | 0.06% | 0.04% | 0.01% |
| ▁▁▂▃▅▅▇█ | Tang. Book Value ($M) | $59 | $58 | $60 | $61 | $63 | $63 | $65 | $66 |
| ▂▄▁▃▆▅▇█ | Gross Loans ($M) | $465 | $474 | $462 | $470 | $479 | $475 | $483 | $486 |
| ▁▁▂▄█▆▇▆ | Total Deposits ($M) | $535 | $539 | $541 | $550 | $570 | $560 | $562 | $557 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 11% |