Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.28% | +0.24 | 0.05% |
| Return on Equity (%) | ▲ | 1.50% | +1.27 | 0.23% |
| Net Interest Margin (%) | ▲ | 2.62% | +0.28 | 2.33% |
| Efficiency Ratio (%) | ▲ | 82.04% | -10.59 | 92.63% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.88 | $1 |
| Cost of Funds (%) | ▲ | 1.76% | -0.07 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,360 | +89.07 | $1,271 |
| Gross Loans ($M) | ▲ | $965 | +33.76 | $931 |
| Loan Growth YoY (%) | ▼ | 87.23% | -3.65 | 90.88% |
| Total Deposits ($M) | ▲ | $1,097 | +81.47 | $1,015 |
| Shareholders Equity ($M) | ▲ | $255 | +6.65 | $249 |
| Tang. Book Value ($M) | ▲ | $237 | +4.23 | $233 |
| TBV excl. AOCI ($M)** | ▲ | $247 | +4.48 | $242 |
| Loan / Deposit Ratio (%) | ▼ | 87.23% | -3.65 | 90.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.37% | -0.08 | 0.45% |
| Allowance / Loans (%) | — | 0.84% | -0.06% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.52% | -0.09 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.28% | 2.24% | 2.23% | 2.33% | 2.39% | 2.45% | 2.56% | 2.62% |
| ▆▆▁▃▄▆▄█ | Return on Assets (%) | 0.18% | 0.19% | -0.05% | 0.05% | 0.11% | 0.18% | 0.11% | 0.28% |
| ▄▅█▆▅▄▂▁ | Efficiency Ratio (%) | 89.0% | 89.8% | 97.4% | 92.6% | 89.9% | 87.9% | 85.3% | 82.0% |
| █▇▄▂▁▁▁▁ | Cost of Funds (%) | 2.24% | 2.15% | 1.97% | 1.83% | 1.74% | 1.79% | 1.76% | 1.76% |
| ▁██▇█▄▅▄ | NPA / Assets (%) | 0.27% | 0.47% | 0.47% | 0.45% | 0.49% | 0.38% | 0.40% | 0.37% |
| ▁█▇▇█▄▅▄ | Net Charge-Off Ratio (%) | 0.39% | 0.66% | 0.65% | 0.61% | 0.69% | 0.52% | 0.57% | 0.52% |
| ▄▁▃▄▃▆▆█ | Tang. Book Value ($M) | $233 | $230 | $232 | $233 | $232 | $235 | $235 | $237 |
| ▁▁▃▅▄█▇█ | Gross Loans ($M) | $897 | $894 | $917 | $931 | $928 | $957 | $951 | $965 |
| ▁▁▁▁▄▅▇█ | Total Deposits ($M) | $1,010 | $1,010 | $1,011 | $1,015 | $1,048 | $1,058 | $1,085 | $1,097 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 10% |