Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.51% | +0.40 | 0.11% |
| Return on Equity (%) | ▲ | 6.54% | +5.10 | 1.44% |
| Net Interest Margin (%) | ▲ | 3.00% | +0.48 | 2.52% |
| Efficiency Ratio (%) | ▲ | 75.73% | -10.50 | 86.23% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.50 | $1 |
| Cost of Funds (%) | ▲ | 2.15% | -0.07 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $918 | +65.40 | $853 |
| Gross Loans ($M) | ▲ | $719 | +33.06 | $686 |
| Loan Growth YoY (%) | ▼ | 92.03% | -2.87 | 94.89% |
| Total Deposits ($M) | ▲ | $773 | +57.58 | $716 |
| Shareholders Equity ($M) | ▲ | $71 | +7.10 | $64 |
| Tang. Book Value ($M) | ▲ | $71 | +7.15 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $76 | +7.41 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 92.03% | -2.87 | 94.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.25% | +0.13 | 0.12% |
| Allowance / Loans (%) | — | 1.01% | 0.04% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.32% | +0.17 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.51% | -0.37 | 12.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 2.19% | 2.21% | 2.37% | 2.52% | 2.65% | 2.72% | 2.92% | 3.00% |
| ▅▅▁▄▆▇██ | Return on Assets (%) | 0.18% | 0.18% | -0.28% | 0.11% | 0.29% | 0.37% | 0.50% | 0.51% |
| ▇▇█▅▃▂▁▁ | Efficiency Ratio (%) | 91.3% | 91.2% | 95.0% | 86.2% | 81.3% | 78.9% | 76.2% | 75.7% |
| ██▅▂▁▂▁▁ | Cost of Funds (%) | 2.50% | 2.52% | 2.35% | 2.21% | 2.17% | 2.23% | 2.16% | 2.15% |
| ▁▄▄▄▁▁▁█ | NPA / Assets (%) | 0.04% | 0.13% | 0.13% | 0.12% | 0.01% | 0.01% | 0.01% | 0.25% |
| ▁▄▄▄▁▁▁█ | Net Charge-Off Ratio (%) | 0.05% | 0.16% | 0.16% | 0.15% | 0.02% | 0.02% | 0.02% | 0.32% |
| ▃▁▂▃▅▆▇█ | Tang. Book Value ($M) | $63 | $61 | $62 | $64 | $66 | $68 | $69 | $71 |
| ▁▁▁▃▅▇██ | Gross Loans ($M) | $674 | $669 | $671 | $686 | $702 | $713 | $724 | $719 |
| ▁▂▃▂▁▂▆█ | Total Deposits ($M) | $706 | $718 | $729 | $716 | $707 | $715 | $750 | $773 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 21% |