Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.41% | +0.15 | 0.26% |
| Return on Equity (%) | ▲ | 6.31% | +1.94 | 4.37% |
| Net Interest Margin (%) | ▲ | 3.34% | +0.25 | 3.09% |
| Efficiency Ratio (%) | ▲ | 83.68% | -5.71 | 89.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 1.42% | -0.03 | 1.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $336 | +16.32 | $320 |
| Gross Loans ($M) | ▼ | $232 | -2.17 | $234 |
| Loan Growth YoY (%) | ▼ | 73.82% | -4.22 | 78.05% |
| Total Deposits ($M) | ▲ | $313 | +14.13 | $298 |
| Shareholders Equity ($M) | ▲ | $22 | +2.21 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +2.24 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.42 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 73.82% | -4.22 | 78.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.32% | -0.07 | 0.40% |
| Allowance / Loans (%) | — | 0.65% | 0.01% | 0.65% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.07 | 0.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.45% | +0.81 | 11.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▃▅▇██ | Net Interest Margin (%) | 3.13% | 3.10% | 3.00% | 3.09% | 3.18% | 3.26% | 3.32% | 3.34% |
| ▇▄▁▄▅▆▆█ | Return on Assets (%) | 0.35% | 0.27% | 0.14% | 0.26% | 0.31% | 0.33% | 0.34% | 0.41% |
| ▅▆█▅▃▃▃▁ | Efficiency Ratio (%) | 88.9% | 90.7% | 94.1% | 89.4% | 87.0% | 86.4% | 87.1% | 83.7% |
| ▂▆█▄█▆▁▁ | Cost of Funds (%) | 1.43% | 1.47% | 1.50% | 1.45% | 1.49% | 1.47% | 1.43% | 1.42% |
| ▁▁████▇▇ | NPA / Assets (%) | 0.10% | 0.10% | 0.38% | 0.40% | 0.36% | 0.36% | 0.33% | 0.32% |
| ▁▁████▇▇ | Net Charge-Off Ratio (%) | 0.14% | 0.14% | 0.52% | 0.54% | 0.50% | 0.50% | 0.47% | 0.47% |
| ▄▁▃▄▆▇██ | Tang. Book Value ($M) | $19 | $17 | $19 | $19 | $20 | $21 | $21 | $21 |
| ▁▃▆██▇█▇ | Gross Loans ($M) | $213 | $219 | $229 | $234 | $236 | $233 | $235 | $232 |
| ▁▃▃▅▆▅▇█ | Total Deposits ($M) | $283 | $292 | $292 | $298 | $303 | $299 | $307 | $313 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 18% |