Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.49% | +0.19 | 0.30% |
| Return on Equity (%) | ▲ | 4.47% | +1.57 | 2.90% |
| Net Interest Margin (%) | ▲ | 3.08% | +0.36 | 2.71% |
| Efficiency Ratio (%) | ▲ | 78.19% | -7.59 | 85.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.61 | $1 |
| Cost of Funds (%) | ▲ | 1.23% | -0.14 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $679 | +19.23 | $659 |
| Gross Loans ($M) | ▲ | $426 | +13.92 | $412 |
| Loan Growth YoY (%) | ▲ | 72.97% | +0.77 | 72.20% |
| Total Deposits ($M) | ▲ | $578 | +12.85 | $565 |
| Shareholders Equity ($M) | ▲ | $74 | +5.15 | $69 |
| Tang. Book Value ($M) | ▲ | $74 | +5.15 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +6.22 | $77 |
| Loan / Deposit Ratio (%) | ▲ | 72.97% | +0.77 | 72.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.08 | 0.10% |
| Allowance / Loans (%) | — | 1.03% | 0.01% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.13 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 20.86% | -0.01 | 20.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.56% | 2.58% | 2.62% | 2.71% | 2.79% | 2.84% | 2.96% | 3.08% |
| ▁▂▁▃▄▅▇█ | Return on Assets (%) | 0.21% | 0.24% | 0.24% | 0.30% | 0.31% | 0.35% | 0.44% | 0.49% |
| ██▇▆▆▅▃▁ | Efficiency Ratio (%) | 90.0% | 88.7% | 88.5% | 85.8% | 85.6% | 84.5% | 81.8% | 78.2% |
| ██▆▆▅▅▂▁ | Cost of Funds (%) | 1.41% | 1.44% | 1.38% | 1.37% | 1.34% | 1.36% | 1.28% | 1.23% |
| ▁▁▂██▁▁▂ | NPA / Assets (%) | 0.00% | 0.00% | 0.02% | 0.10% | 0.11% | 0.00% | 0.00% | 0.02% |
| ▁▁▂██▁▁▂ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.03% | 0.17% | 0.18% | 0.00% | 0.00% | 0.04% |
| ▂▁▄▄▇███ | Tang. Book Value ($M) | $66 | $64 | $68 | $69 | $72 | $73 | $73 | $74 |
| ▃▁▂▄▄▂▃█ | Gross Loans ($M) | $409 | $403 | $406 | $412 | $412 | $407 | $411 | $426 |
| ▁▁▇▄▆▆██ | Total Deposits ($M) | $552 | $555 | $575 | $565 | $570 | $571 | $580 | $578 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 12% |