Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 3.16% | -0.13 | 3.28% |
| Return on Equity (%) | ▼ | 6.28% | -0.39 | 6.67% |
| Net Interest Margin (%) | ▼ | 4.36% | -0.43 | 4.79% |
| Efficiency Ratio (%) | ▲ | 12.03% | -3.59 | 15.62% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.05 | $3 |
| Cost of Funds (%) | ▲ | 0.80% | -0.09 | 0.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $340 | +14.25 | $325 |
| Gross Loans ($M) | ▲ | $202 | +21.26 | $180 |
| Loan Growth YoY (%) | ▲ | 119.48% | +10.89 | 108.59% |
| Total Deposits ($M) | ▲ | $166 | +2.90 | $163 |
| Shareholders Equity ($M) | ▲ | $172 | +11.38 | $161 |
| Tang. Book Value ($M) | ▲ | $172 | +11.38 | $161 |
| TBV excl. AOCI ($M)** | ▲ | $177 | +13.02 | $164 |
| Loan / Deposit Ratio (%) | ▲ | 119.48% | +10.89 | 108.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.64% | -0.13 | 0.77% |
| Allowance / Loans (%) | — | 1.46% | -0.17% | 1.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.97% | -0.42 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 77.90% | +77.90 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▅▆█▇▃▁ | Net Interest Margin (%) | 4.87% | 4.75% | 4.77% | 4.79% | 5.03% | 4.93% | 4.53% | 4.36% |
| ▁▁▇▄█▇▄▃ | Return on Assets (%) | 2.96% | 3.04% | 3.49% | 3.28% | 3.63% | 3.49% | 3.29% | 3.16% |
| █▆▁▇▁▁▁▂ | Efficiency Ratio (%) | 17.1% | 15.1% | 11.0% | 15.6% | 11.1% | 11.6% | 11.7% | 12.0% |
| ▇█▇▇▇▄▂▁ | Cost of Funds (%) | 0.89% | 0.91% | 0.89% | 0.89% | 0.90% | 0.85% | 0.82% | 0.80% |
| █▂▂▃▅▆▁▂ | NPA / Assets (%) | 1.31% | 0.64% | 0.63% | 0.77% | 0.98% | 1.10% | 0.53% | 0.64% |
| █▁▁▄▆▇▁▂ | Net Charge-Off Ratio (%) | 2.08% | 0.91% | 0.91% | 1.39% | 1.74% | 1.87% | 0.79% | 0.97% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $153 | $156 | $158 | $161 | $164 | $167 | $170 | $172 |
| ▅▆▆▁▂▇██ | Gross Loans ($M) | $193 | $195 | $194 | $180 | $184 | $197 | $200 | $202 |
| ▁▄▆▆▅▇█▇ | Total Deposits ($M) | $152 | $160 | $162 | $163 | $161 | $166 | $168 | $166 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Other | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 5% |