Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.52 | 0.16% |
| Return on Equity (%) | ▲ | 6.71% | +5.04 | 1.67% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.38 | 2.75% |
| Efficiency Ratio (%) | ▲ | 70.90% | -4.93 | 75.84% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.55 | $1 |
| Cost of Funds (%) | ▲ | 1.88% | -0.15 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $783 | -4.33 | $788 |
| Gross Loans ($M) | ▼ | $612 | -3.08 | $615 |
| Loan Growth YoY (%) | ▼ | 107.40% | -2.41 | 109.81% |
| Total Deposits ($M) | ▲ | $562 | +8.54 | $554 |
| Shareholders Equity ($M) | ▲ | $81 | +5.60 | $76 |
| Tang. Book Value ($M) | ▲ | $81 | +5.63 | $76 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +5.48 | $82 |
| Loan / Deposit Ratio (%) | ▼ | 107.40% | -2.41 | 109.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.85% | +1.77 | 1.08% |
| Allowance / Loans (%) | — | 1.37% | 0.19% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 3.64% | +2.31 | 1.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▄▇█ | Net Interest Margin (%) | 2.65% | 2.68% | 2.74% | 2.75% | 2.82% | 2.86% | 3.06% | 3.13% |
| ▅▅▆▁▃▁██ | Return on Assets (%) | 0.43% | 0.47% | 0.55% | 0.16% | 0.34% | 0.17% | 0.68% | 0.68% |
| █▇▅▅▃▂▂▁ | Efficiency Ratio (%) | 80.0% | 78.4% | 76.5% | 75.8% | 73.9% | 72.8% | 72.1% | 70.9% |
| ▇█▆▆█▆▄▁ | Cost of Funds (%) | 2.09% | 2.09% | 2.04% | 2.03% | 2.12% | 2.04% | 1.97% | 1.88% |
| ▁▁▁▃▃▆▅█ | NPA / Assets (%) | 0.39% | 0.36% | 0.39% | 1.08% | 1.10% | 1.97% | 1.86% | 2.85% |
| ▁▁▁▃▃▆▅█ | Net Charge-Off Ratio (%) | 0.52% | 0.43% | 0.46% | 1.34% | 1.37% | 2.49% | 2.38% | 3.64% |
| ▄▁▄▂▇▆▇█ | Tang. Book Value ($M) | $77 | $74 | $77 | $76 | $80 | $79 | $80 | $81 |
| ▁▃▃▇█▇█▇ | Gross Loans ($M) | $575 | $591 | $593 | $615 | $618 | $617 | $623 | $612 |
| ▁▁▆▁█▁▇▄ | Total Deposits ($M) | $555 | $555 | $566 | $554 | $571 | $555 | $569 | $562 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 21% |