Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.36% | +0.02 | 0.34% |
| Return on Equity (%) | ▲ | 3.35% | +0.31 | 3.04% |
| Net Interest Margin (%) | ▼ | 2.30% | -0.02 | 2.32% |
| Efficiency Ratio (%) | ▲ | 77.93% | -0.87 | 78.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 2.36% | -0.00 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $613 | +70.76 | $542 |
| Gross Loans ($M) | ▲ | $374 | +23.91 | $350 |
| Loan Growth YoY (%) | ▼ | 74.61% | -5.37 | 79.97% |
| Total Deposits ($M) | ▲ | $497 | +62.61 | $434 |
| Shareholders Equity ($M) | ▲ | $66 | +5.96 | $60 |
| Tang. Book Value ($M) | ▲ | $66 | +5.96 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +5.73 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 74.61% | -5.37 | 79.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.02% | +0.08 | 0.93% |
| Allowance / Loans (%) | — | 0.86% | 0.08% | 0.78% |
| Net Charge-Off Ratio (%) | ▼ | 1.67% | +0.26 | 1.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆██▃▅ | Net Interest Margin (%) | 2.21% | 2.21% | 2.26% | 2.32% | 2.36% | 2.36% | 2.26% | 2.30% |
| ▆▅▂▆█▁▄▇ | Return on Assets (%) | 0.34% | 0.32% | 0.26% | 0.34% | 0.40% | 0.22% | 0.30% | 0.36% |
| ▃▄▃▁▁█▁▁ | Efficiency Ratio (%) | 80.6% | 81.5% | 81.3% | 78.8% | 78.2% | 86.9% | 78.3% | 77.9% |
| ▁▇▂▃█▁▄▂ | Cost of Funds (%) | 2.33% | 2.43% | 2.36% | 2.37% | 2.45% | 2.33% | 2.39% | 2.36% |
| ▁▂▂▅▅▆█▆ | NPA / Assets (%) | 0.57% | 0.67% | 0.67% | 0.93% | 0.97% | 1.01% | 1.26% | 1.02% |
| ▁▂▁▅▃▄█▇ | Net Charge-Off Ratio (%) | 0.97% | 1.09% | 1.05% | 1.40% | 1.25% | 1.37% | 1.79% | 1.67% |
| ▇▁▃▂▇▇▆█ | Tang. Book Value ($M) | $64 | $59 | $61 | $60 | $64 | $65 | $64 | $66 |
| ▁▂▄▆▆▇██ | Gross Loans ($M) | $308 | $317 | $333 | $350 | $356 | $362 | $366 | $374 |
| ▁▂▄▅▅▇▇█ | Total Deposits ($M) | $363 | $384 | $420 | $434 | $440 | $469 | $480 | $497 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 21% |