Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.25 | 0.43% |
| Return on Equity (%) | ▲ | 6.47% | +2.12 | 4.35% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.53 | 3.17% |
| Efficiency Ratio (%) | ▲ | 70.52% | -9.04 | 79.56% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.64 | $1 |
| Cost of Funds (%) | ▲ | 1.90% | -0.41 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $621 | +4.67 | $616 |
| Gross Loans ($M) | ▼ | $486 | -5.25 | $491 |
| Loan Growth YoY (%) | ▼ | 86.81% | -2.53 | 89.34% |
| Total Deposits ($M) | ▲ | $552 | +10.02 | $542 |
| Shareholders Equity ($M) | ▲ | $66 | +4.61 | $62 |
| Tang. Book Value ($M) | ▲ | $62 | +4.65 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +4.51 | $61 |
| Loan / Deposit Ratio (%) | ▼ | 86.81% | -2.53 | 89.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.58% | +0.08 | 2.50% |
| Allowance / Loans (%) | — | 1.37% | -0.04% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 3.29% | +0.16 | 3.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.76% | +0.46 | 13.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 2.35% | 2.34% | 3.03% | 3.17% | 3.30% | 3.34% | 3.58% | 3.69% |
| ▁▁▄▄▅▄▇█ | Return on Assets (%) | 0.19% | 0.19% | 0.41% | 0.43% | 0.46% | 0.43% | 0.58% | 0.68% |
| ██▄▄▃▄▁▁ | Efficiency Ratio (%) | 95.2% | 93.1% | 80.7% | 79.6% | 78.7% | 80.6% | 69.4% | 70.5% |
| █▇▃▄▃▂▁▁ | Cost of Funds (%) | 2.92% | 2.68% | 2.28% | 2.32% | 2.18% | 2.09% | 1.92% | 1.90% |
| ▁▁▂▇█▇▄█ | NPA / Assets (%) | 2.21% | 2.23% | 2.30% | 2.50% | 2.55% | 2.49% | 2.39% | 2.58% |
| ▁▁▂▆▇▅▅█ | Net Charge-Off Ratio (%) | 2.83% | 2.84% | 2.93% | 3.13% | 3.19% | 3.07% | 3.10% | 3.29% |
| ▂▁▂▃▆▇▇█ | Tang. Book Value ($M) | $57 | $55 | $57 | $58 | $60 | $61 | $61 | $62 |
| ▃▁▄▆▄█▃▃ | Gross Loans ($M) | $485 | $482 | $488 | $491 | $488 | $496 | $486 | $486 |
| ▆▃▆▁▁▁█▄ | Total Deposits ($M) | $556 | $550 | $556 | $542 | $544 | $543 | $564 | $552 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 15% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |