Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.38 | 0.98% |
| Return on Equity (%) | ▲ | 12.86% | +2.50 | 10.36% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.24 | 3.96% |
| Efficiency Ratio (%) | ▲ | 65.04% | -6.32 | 71.35% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.02 | $2 |
| Cost of Funds (%) | ▲ | 2.56% | -0.21 | 2.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $473 | -12.90 | $486 |
| Gross Loans ($M) | ▼ | $387 | -34.14 | $421 |
| Loan Growth YoY (%) | ▼ | 109.73% | -6.64 | 116.37% |
| Total Deposits ($M) | ▼ | $348 | -9.36 | $357 |
| Shareholders Equity ($M) | ▲ | $51 | +4.55 | $46 |
| Tang. Book Value ($M) | ▲ | $51 | +4.55 | $46 |
| Loan / Deposit Ratio (%) | ▼ | 109.73% | -6.64 | 116.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.87% | -0.06 | 0.92% |
| Allowance / Loans (%) | — | 1.34% | 0.07% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 1.00% | +0.01 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.32% | +2.01 | 12.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▄▆███ | Net Interest Margin (%) | 3.88% | 3.92% | 3.80% | 3.96% | 4.10% | 4.15% | 4.18% | 4.20% |
| ▃▃▁▃▅▅██ | Return on Assets (%) | 1.01% | 1.01% | 0.80% | 0.98% | 1.10% | 1.10% | 1.37% | 1.35% |
| ▄▃█▅▃▄▁▁ | Efficiency Ratio (%) | 69.3% | 68.7% | 77.2% | 71.4% | 68.3% | 69.9% | 64.4% | 65.0% |
| ▇█▇▅▅▄▁▁ | Cost of Funds (%) | 2.86% | 2.93% | 2.83% | 2.77% | 2.74% | 2.69% | 2.54% | 2.56% |
| ▁▄▅▆▆▇█▅ | NPA / Assets (%) | 0.33% | 0.71% | 0.82% | 0.92% | 0.89% | 1.03% | 1.21% | 0.87% |
| ▁▄▄▆▆▇█▆ | Net Charge-Off Ratio (%) | 0.31% | 0.72% | 0.77% | 0.98% | 1.02% | 1.20% | 1.35% | 1.00% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $44 | $45 | $45 | $46 | $48 | $49 | $49 | $51 |
| ▇███▆▄▅▁ | Gross Loans ($M) | $416 | $422 | $418 | $421 | $413 | $404 | $407 | $387 |
| ▂███▃▂▁▄ | Total Deposits ($M) | $345 | $355 | $356 | $357 | $345 | $343 | $341 | $348 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 33% |