Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.46% | +0.18 | 0.28% |
| Return on Equity (%) | ▲ | 8.51% | +2.10 | 6.41% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.30 | 3.22% |
| Efficiency Ratio (%) | ▲ | 80.28% | -8.02 | 88.30% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $0 |
| Cost of Funds (%) | ▼ | 1.57% | +0.02 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $283 | -2.47 | $285 |
| Gross Loans ($M) | ▲ | $198 | +18.57 | $180 |
| Loan Growth YoY (%) | ▲ | 79.49% | +8.53 | 70.96% |
| Total Deposits ($M) | ▼ | $246 | -3.72 | $250 |
| Shareholders Equity ($M) | ▲ | $15 | +2.16 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +2.16 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.50 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 79.49% | +8.53 | 70.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.70% | +0.24 | 0.46% |
| Allowance / Loans (%) | — | 1.14% | -0.01% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 1.00% | +0.27 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.86% | +0.11 | 10.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▇▇█ | Net Interest Margin (%) | 2.71% | 2.85% | 3.14% | 3.22% | 3.32% | 3.39% | 3.39% | 3.52% |
| ▁▂▁▂▄▅▆█ | Return on Assets (%) | 0.22% | 0.26% | 0.25% | 0.28% | 0.34% | 0.37% | 0.39% | 0.46% |
| ▆▆█▇▅▄▂▁ | Efficiency Ratio (%) | 87.0% | 86.9% | 90.2% | 88.3% | 86.2% | 84.7% | 81.8% | 80.3% |
| █▄▃▂▃▁▂▂ | Cost of Funds (%) | 1.86% | 1.65% | 1.62% | 1.55% | 1.59% | 1.48% | 1.57% | 1.57% |
| ▁▁▂▄▄███ | NPA / Assets (%) | 0.30% | 0.26% | 0.32% | 0.46% | 0.45% | 0.66% | 0.69% | 0.70% |
| ▂▁▂▅▄███ | Net Charge-Off Ratio (%) | 0.50% | 0.42% | 0.51% | 0.74% | 0.68% | 0.98% | 1.00% | 1.00% |
| ▅▁▃▅▇███ | Tang. Book Value ($M) | $13 | $11 | $12 | $13 | $14 | $15 | $15 | $15 |
| ▁▁▃▃▄▆▆█ | Gross Loans ($M) | $171 | $170 | $179 | $180 | $182 | $188 | $191 | $198 |
| █▁▇▆▂▁▁▃ | Total Deposits ($M) | $255 | $242 | $252 | $250 | $245 | $243 | $244 | $246 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 20% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |