Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 4.37% | -0.50 | 4.86% |
| Return on Equity (%) | ▼ | 9.29% | -1.84 | 11.13% |
| Net Interest Margin (%) | ▼ | 6.65% | -0.02 | 6.67% |
| Efficiency Ratio (%) | ▼ | 24.19% | +5.48 | 18.71% |
| Pre-Provision Profit ($M) | ▼ | $6 | -1.35 | $7 |
| Cost of Funds (%) | ▲ | 1.59% | -0.35 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $516 | -10.40 | $526 |
| Gross Loans ($M) | ▼ | $409 | -20.48 | $429 |
| Loan Growth YoY (%) | ▲ | 150.35% | +3.24 | 147.10% |
| Total Deposits ($M) | ▼ | $265 | -17.06 | $282 |
| Shareholders Equity ($M) | ▲ | $241 | +6.76 | $235 |
| Tang. Book Value ($M) | ▲ | $241 | +6.76 | $235 |
| Loan / Deposit Ratio (%) | ▲ | 150.35% | +3.24 | 147.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.64% | -0.03 | 2.67% |
| Allowance / Loans (%) | — | 2.47% | -0.81% | 3.28% |
| Net Charge-Off Ratio (%) | ▼ | 3.33% | +0.05 | 3.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 47.79% | +3.61 | 44.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▄▃▁▂ | Net Interest Margin (%) | 7.92% | 7.82% | 6.42% | 6.67% | 6.99% | 6.89% | 6.51% | 6.65% |
| █▇▃▄▆▇▁▂ | Return on Assets (%) | 6.59% | 6.05% | 4.62% | 4.86% | 5.65% | 5.89% | 3.65% | 4.37% |
| ▁▂▇▅▅▅▆█ | Efficiency Ratio (%) | 11.1% | 13.0% | 21.8% | 18.7% | 19.2% | 18.8% | 20.9% | 24.2% |
| █▆▅▅▃▂▁▁ | Cost of Funds (%) | 2.23% | 2.03% | 1.92% | 1.94% | 1.80% | 1.66% | 1.55% | 1.59% |
| █▁██████ | NPA / Assets (%) | 2.63% | 0.38% | 2.65% | 2.67% | 2.64% | 2.76% | 2.73% | 2.64% |
| ▇▁██████ | Net Charge-Off Ratio (%) | 2.89% | 0.49% | 3.42% | 3.27% | 3.51% | 3.56% | 3.50% | 3.33% |
| ▆▁▄▄█▄▆▇ | Tang. Book Value ($M) | $239 | $228 | $234 | $235 | $243 | $235 | $239 | $241 |
| ▆▅▅█▂▁▁▄ | Gross Loans ($M) | $415 | $413 | $413 | $429 | $395 | $389 | $393 | $409 |
| █▇▅▄▂▁▁▂ | Total Deposits ($M) | $313 | $300 | $291 | $282 | $270 | $259 | $258 | $265 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 25% |
| Brokered / Other | 67% |