Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.46% | +0.63 | 1.83% |
| Return on Equity (%) | ▲ | 16.74% | +4.07 | 12.67% |
| Net Interest Margin (%) | ▲ | 5.05% | +0.59 | 4.46% |
| Efficiency Ratio (%) | ▲ | 50.37% | -3.40 | 53.77% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.31 | $2 |
| Cost of Funds (%) | ▲ | 2.79% | -0.45 | 3.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $357 | -1.29 | $358 |
| Gross Loans ($M) | ▼ | $305 | -1.29 | $306 |
| Loan Growth YoY (%) | ▼ | 101.29% | -0.85 | 102.15% |
| Total Deposits ($M) | ▲ | $297 | +1.51 | $295 |
| Shareholders Equity ($M) | ▲ | $53 | +1.39 | $52 |
| Tang. Book Value ($M) | ▲ | $53 | +1.39 | $52 |
| Loan / Deposit Ratio (%) | ▼ | 101.29% | -0.85 | 102.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.06 | 0.28% |
| Allowance / Loans (%) | — | 1.23% | -0.09% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.39% | +0.07 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 3.84% | 3.95% | 4.24% | 4.46% | 4.63% | 4.72% | 4.93% | 5.05% |
| ▁▁▂▃▅▅▇█ | Return on Assets (%) | 1.48% | 1.51% | 1.72% | 1.83% | 1.99% | 1.98% | 2.29% | 2.46% |
| ██▆▄▂▂▁▁ | Efficiency Ratio (%) | 58.7% | 58.8% | 56.3% | 53.8% | 51.5% | 51.5% | 51.1% | 50.4% |
| ██▆▅▄▃▁▁ | Cost of Funds (%) | 3.57% | 3.55% | 3.33% | 3.23% | 3.10% | 3.00% | 2.84% | 2.79% |
| ▁▁▇▅▅█▅▆ | NPA / Assets (%) | 0.09% | 0.10% | 0.35% | 0.28% | 0.29% | 0.43% | 0.30% | 0.34% |
| ▁▁▆▅▅█▅▆ | Net Charge-Off Ratio (%) | 0.11% | 0.11% | 0.41% | 0.33% | 0.34% | 0.51% | 0.36% | 0.39% |
| ▁▂▃▅▇█▆█ | Tang. Book Value ($M) | $50 | $51 | $51 | $52 | $53 | $54 | $52 | $53 |
| █▅▁▇██▂▆ | Gross Loans ($M) | $307 | $303 | $300 | $306 | $307 | $306 | $301 | $305 |
| ▇▃▁▅▅█▆▅ | Total Deposits ($M) | $300 | $292 | $285 | $295 | $296 | $304 | $298 | $297 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 23% |
| C&I / Commercial | 23% |
| Consumer | 30% |
| Other | 25% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 40% |