Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.36% | +0.07 | 0.30% |
| Return on Equity (%) | ▲ | 3.13% | +0.56 | 2.57% |
| Net Interest Margin (%) | ▲ | 2.78% | +0.39 | 2.39% |
| Efficiency Ratio (%) | ▲ | 84.04% | -1.62 | 85.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.72 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.27 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,019 | +14.66 | $1,005 |
| Gross Loans ($M) | ▲ | $863 | +9.57 | $854 |
| Loan Growth YoY (%) | ▲ | 120.90% | +2.81 | 118.10% |
| Total Deposits ($M) | ▼ | $710 | -8.89 | $719 |
| Shareholders Equity ($M) | ▲ | $119 | +3.34 | $115 |
| Tang. Book Value ($M) | ▲ | $119 | +3.34 | $115 |
| TBV excl. AOCI ($M)** | ▲ | $122 | +3.77 | $118 |
| Loan / Deposit Ratio (%) | ▲ | 120.90% | +2.81 | 118.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.05 | 0.27% |
| Allowance / Loans (%) | — | 0.62% | 0.01% | 0.61% |
| Net Charge-Off Ratio (%) | ▲ | 0.26% | -0.06 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▄▅██ | Net Interest Margin (%) | 2.10% | 2.13% | 2.39% | 2.39% | 2.42% | 2.46% | 2.72% | 2.78% |
| ▁▁█▅▅▄▆▇ | Return on Assets (%) | 0.10% | 0.12% | 0.42% | 0.30% | 0.27% | 0.25% | 0.34% | 0.36% |
| ██▁▄▅▅▃▃ | Efficiency Ratio (%) | 94.1% | 93.1% | 79.2% | 85.7% | 86.9% | 87.9% | 84.4% | 84.0% |
| █▇▅▄▃▃▂▁ | Cost of Funds (%) | 2.37% | 2.24% | 2.10% | 2.09% | 2.03% | 1.97% | 1.89% | 1.83% |
| ▃▄▅▅▁▄█▁ | NPA / Assets (%) | 0.25% | 0.26% | 0.27% | 0.27% | 0.22% | 0.26% | 0.32% | 0.22% |
| ▃▃▄▅▁▄█▁ | Net Charge-Off Ratio (%) | 0.30% | 0.30% | 0.31% | 0.32% | 0.26% | 0.31% | 0.37% | 0.26% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $113 | $113 | $114 | $115 | $116 | $117 | $118 | $119 |
| ▁▃▅▆▇█▆█ | Gross Loans ($M) | $830 | $843 | $852 | $854 | $862 | $867 | $857 | $863 |
| ▁▂▄▆▆██▅ | Total Deposits ($M) | $681 | $690 | $705 | $719 | $717 | $733 | $731 | $710 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |