Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.53% | +0.05 | 2.48% |
| Return on Equity (%) | ▲ | 9.02% | +0.08 | 8.94% |
| Net Interest Margin (%) | ▲ | 6.04% | +0.24 | 5.80% |
| Efficiency Ratio (%) | ▼ | 39.44% | +0.28 | 39.16% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.35 | $5 |
| Cost of Funds (%) | ▲ | 2.02% | -0.29 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $491 | +23.78 | $467 |
| Gross Loans ($M) | ▲ | $398 | +30.37 | $367 |
| Loan Growth YoY (%) | ▲ | 114.08% | +3.75 | 110.33% |
| Total Deposits ($M) | ▲ | $341 | +15.31 | $325 |
| Shareholders Equity ($M) | ▲ | $139 | +8.59 | $130 |
| Tang. Book Value ($M) | ▲ | $139 | +8.59 | $130 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +8.47 | $134 |
| Loan / Deposit Ratio (%) | ▲ | 114.08% | +3.75 | 110.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.74% | -0.36 | 2.10% |
| Allowance / Loans (%) | — | 2.29% | 0.00% | 2.29% |
| Net Charge-Off Ratio (%) | ▲ | 1.61% | -0.79 | 2.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▁▅▆▇██ | Net Interest Margin (%) | 5.78% | 5.76% | 5.54% | 5.80% | 5.92% | 5.93% | 6.04% | 6.04% |
| ▄▂▁▇████ | Return on Assets (%) | 2.35% | 2.26% | 2.20% | 2.48% | 2.53% | 2.53% | 2.51% | 2.53% |
| ▆██▁▁▃▁▁ | Efficiency Ratio (%) | 44.6% | 47.5% | 47.7% | 39.2% | 39.1% | 40.7% | 38.3% | 39.4% |
| ██▅▇▇▅▁▁ | Cost of Funds (%) | 2.35% | 2.36% | 2.22% | 2.31% | 2.30% | 2.20% | 2.05% | 2.02% |
| ▁▁▄█▆▆▅▆ | NPA / Assets (%) | 1.13% | 1.19% | 1.50% | 2.10% | 1.75% | 1.79% | 1.69% | 1.74% |
| ▁▁▄█▄▇▃▂ | Net Charge-Off Ratio (%) | 1.43% | 1.48% | 1.83% | 2.40% | 1.85% | 2.18% | 1.79% | 1.61% |
| ▁▁▁▃▅▅▇█ | Tang. Book Value ($M) | $128 | $127 | $128 | $130 | $134 | $134 | $136 | $139 |
| ▁▂▂▄▅▇▇█ | Gross Loans ($M) | $347 | $357 | $359 | $367 | $376 | $385 | $389 | $398 |
| ▁▂▃▅▅▇██ | Total Deposits ($M) | $300 | $306 | $311 | $325 | $326 | $333 | $342 | $341 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 21% |