Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.37% | +0.09 | 0.28% |
| Return on Equity (%) | ▲ | 3.41% | +0.73 | 2.68% |
| Net Interest Margin (%) | ▲ | 2.84% | +0.25 | 2.58% |
| Efficiency Ratio (%) | ▲ | 80.84% | -2.35 | 83.19% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.20 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $984 | +24.12 | $960 |
| Gross Loans ($M) | ▼ | $756 | -26.04 | $782 |
| Loan Growth YoY (%) | ▼ | 94.55% | -4.73 | 99.28% |
| Total Deposits ($M) | ▲ | $791 | +11.34 | $780 |
| Shareholders Equity ($M) | ▲ | $108 | +5.17 | $103 |
| Tang. Book Value ($M) | ▲ | $106 | +5.75 | $100 |
| TBV excl. AOCI ($M)** | ▲ | $111 | +5.30 | $106 |
| Loan / Deposit Ratio (%) | ▼ | 94.55% | -4.73 | 99.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.17% | +0.25 | 0.92% |
| Allowance / Loans (%) | — | 1.06% | 0.05% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.60% | -0.23 | 0.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▅▆▇█ | Net Interest Margin (%) | 2.51% | 2.55% | 2.50% | 2.58% | 2.67% | 2.72% | 2.80% | 2.84% |
| ▂▂▁▆▇▇▇█ | Return on Assets (%) | 0.16% | 0.14% | 0.10% | 0.28% | 0.31% | 0.32% | 0.31% | 0.37% |
| ▅██▂▁▁▃▁ | Efficiency Ratio (%) | 87.5% | 90.9% | 92.1% | 83.2% | 81.6% | 81.3% | 83.8% | 80.8% |
| █▇▅▅▄▃▁▁ | Cost of Funds (%) | 2.09% | 2.04% | 1.95% | 1.94% | 1.89% | 1.84% | 1.76% | 1.74% |
| █▁▁▁▃▅▄▅ | NPA / Assets (%) | 1.36% | 0.97% | 0.96% | 0.92% | 1.04% | 1.16% | 1.10% | 1.17% |
| █▄▄▃▄▆▁▁ | Net Charge-Off Ratio (%) | 1.39% | 0.89% | 0.89% | 0.82% | 0.96% | 1.11% | 0.59% | 0.60% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $98 | $97 | $98 | $100 | $102 | $104 | $105 | $106 |
| █▅▄▆▅▅▃▁ | Gross Loans ($M) | $796 | $781 | $775 | $782 | $777 | $778 | $768 | $756 |
| █▄▇▅▃▁▅▇ | Total Deposits ($M) | $795 | $774 | $790 | $780 | $769 | $760 | $782 | $791 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |