Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.10% | -0.02 | 0.12% |
| Return on Equity (%) | ▼ | 1.05% | -0.18 | 1.23% |
| Net Interest Margin (%) | ▲ | 2.42% | +0.24 | 2.19% |
| Efficiency Ratio (%) | ▼ | 94.30% | +2.42 | 91.87% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 2.40% | -0.22 | 2.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,046 | +7.24 | $1,039 |
| Gross Loans ($M) | ▲ | $788 | +16.78 | $771 |
| Loan Growth YoY (%) | ▲ | 106.31% | +3.36 | 102.95% |
| Total Deposits ($M) | ▼ | $737 | -7.71 | $744 |
| Shareholders Equity ($M) | ▲ | $99 | +2.56 | $97 |
| Tang. Book Value ($M) | ▲ | $97 | +2.56 | $95 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +3.18 | $103 |
| Loan / Deposit Ratio (%) | ▲ | 106.31% | +3.36 | 102.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.13 | 0.43% |
| Allowance / Loans (%) | — | 0.59% | -0.02% | 0.61% |
| Net Charge-Off Ratio (%) | ▼ | 0.75% | +0.17 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▁▁▃▆█ | Net Interest Margin (%) | 2.25% | 2.24% | 2.20% | 2.19% | 2.21% | 2.26% | 2.35% | 2.42% |
| ▁▁▆██▆██ | Return on Assets (%) | -0.06% | -0.07% | 0.06% | 0.12% | 0.11% | 0.06% | 0.10% | 0.10% |
| █▇▁▁▁▁▂▂ | Efficiency Ratio (%) | 112.9% | 109.9% | 90.7% | 91.9% | 93.1% | 92.4% | 95.6% | 94.3% |
| ███▆█▇▂▁ | Cost of Funds (%) | 2.70% | 2.69% | 2.67% | 2.62% | 2.67% | 2.64% | 2.44% | 2.40% |
| ▁▁▁▄▆██▆ | NPA / Assets (%) | 0.08% | 0.07% | 0.08% | 0.43% | 0.61% | 0.81% | 0.80% | 0.57% |
| ▁▁▁▄▆██▆ | Net Charge-Off Ratio (%) | 0.11% | 0.10% | 0.11% | 0.58% | 0.81% | 1.07% | 1.07% | 0.75% |
| ▅▁▂▄████ | Tang. Book Value ($M) | $95 | $93 | $94 | $95 | $97 | $97 | $97 | $97 |
| ▁▄▃▁▅▂▆█ | Gross Loans ($M) | $770 | $777 | $777 | $771 | $779 | $774 | $782 | $788 |
| ▁▁▂▇█▇▅▆ | Total Deposits ($M) | $703 | $696 | $706 | $744 | $760 | $748 | $732 | $737 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 10% |