Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.27 | 0.75% |
| Return on Equity (%) | ▲ | 11.30% | +2.77 | 8.53% |
| Net Interest Margin (%) | ▲ | 3.97% | +0.45 | 3.52% |
| Efficiency Ratio (%) | ▲ | 65.28% | -4.48 | 69.75% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.60 | $2 |
| Cost of Funds (%) | ▲ | 2.01% | -0.26 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $683 | +41.91 | $641 |
| Gross Loans ($M) | ▲ | $603 | +33.64 | $569 |
| Loan Growth YoY (%) | ▲ | 97.27% | +0.08 | 97.19% |
| Total Deposits ($M) | ▲ | $613 | +34.03 | $579 |
| Shareholders Equity ($M) | ▲ | $63 | +6.65 | $56 |
| Tang. Book Value ($M) | ▲ | $63 | +6.65 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +7.45 | $57 |
| Loan / Deposit Ratio (%) | ▲ | 97.27% | +0.08 | 97.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.12 | 0.21% |
| Allowance / Loans (%) | — | 1.15% | -0.06% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.14 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.91% | +0.64 | 13.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 3.35% | 3.38% | 3.42% | 3.52% | 3.60% | 3.69% | 3.83% | 3.97% |
| ▁▁▂▄▅▆▆█ | Return on Assets (%) | 0.49% | 0.55% | 0.57% | 0.75% | 0.79% | 0.83% | 0.86% | 1.02% |
| █▇▅▃▂▂▂▁ | Efficiency Ratio (%) | 81.2% | 78.9% | 74.5% | 69.8% | 68.9% | 69.0% | 68.9% | 65.3% |
| ██▆▆▅▅▂▁ | Cost of Funds (%) | 2.37% | 2.38% | 2.29% | 2.27% | 2.22% | 2.23% | 2.10% | 2.01% |
| █▆▇▅█▂▂▁ | NPA / Assets (%) | 0.29% | 0.24% | 0.25% | 0.21% | 0.30% | 0.13% | 0.13% | 0.10% |
| ▇▅▆▅█▂▂▁ | Net Charge-Off Ratio (%) | 0.30% | 0.25% | 0.27% | 0.24% | 0.34% | 0.15% | 0.15% | 0.10% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $53 | $53 | $55 | $56 | $58 | $60 | $61 | $63 |
| ▁▂▄▅▆▇██ | Gross Loans ($M) | $523 | $537 | $556 | $569 | $580 | $584 | $594 | $603 |
| ▁▂▄▅▇▇██ | Total Deposits ($M) | $527 | $543 | $560 | $579 | $600 | $597 | $604 | $613 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 10% |