Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.45% | +0.28 | 0.17% |
| Return on Equity (%) | ▲ | 3.36% | +2.05 | 1.31% |
| Net Interest Margin (%) | ▲ | 2.87% | +0.59 | 2.28% |
| Efficiency Ratio (%) | ▲ | 79.68% | -9.26 | 88.95% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.12 | $1 |
| Cost of Funds (%) | ▲ | 1.99% | -0.13 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,028 | +54.03 | $974 |
| Gross Loans ($M) | ▲ | $743 | +30.88 | $712 |
| Loan Growth YoY (%) | ▼ | 93.32% | -1.15 | 94.46% |
| Total Deposits ($M) | ▲ | $787 | +41.03 | $746 |
| Shareholders Equity ($M) | ▲ | $136 | +8.93 | $127 |
| Tang. Book Value ($M) | ▲ | $120 | +8.92 | $111 |
| TBV excl. AOCI ($M)** | ▲ | $128 | +8.87 | $119 |
| Loan / Deposit Ratio (%) | ▼ | 93.32% | -1.15 | 94.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.00 | 0.15% |
| Allowance / Loans (%) | — | 1.19% | 0.11% | 1.08% |
| Net Charge-Off Ratio (%) | — | 0.20% | 0.00 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▅██ | Net Interest Margin (%) | 1.94% | 2.00% | 2.16% | 2.28% | 2.42% | 2.50% | 2.77% | 2.87% |
| ▁▂▂▃▅▇▅█ | Return on Assets (%) | 0.01% | 0.06% | 0.07% | 0.17% | 0.27% | 0.36% | 0.26% | 0.45% |
| █▇█▅▂▁▄▁ | Efficiency Ratio (%) | 96.6% | 94.3% | 95.2% | 88.9% | 83.0% | 79.4% | 87.7% | 79.7% |
| █▅▄▄▄▃▁▁ | Cost of Funds (%) | 2.29% | 2.16% | 2.12% | 2.12% | 2.12% | 2.09% | 2.00% | 1.99% |
| ▁▁█▇▄▄▃▇ | NPA / Assets (%) | 0.09% | 0.08% | 0.16% | 0.15% | 0.12% | 0.12% | 0.11% | 0.15% |
| ▁▁█▇▄▄▃▇ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.23% | 0.20% | 0.16% | 0.16% | 0.15% | 0.20% |
| ▂▁▁▂▅▇▆█ | Tang. Book Value ($M) | $111 | $108 | $109 | $111 | $115 | $118 | $117 | $120 |
| ▁▁▃▅▅▆██ | Gross Loans ($M) | $671 | $677 | $695 | $712 | $719 | $730 | $752 | $743 |
| ▁▄▅▄▄▅▆█ | Total Deposits ($M) | $708 | $744 | $755 | $746 | $741 | $748 | $758 | $787 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 16% |