Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.20% | -0.30 | 0.51% |
| Return on Equity (%) | ▼ | 2.23% | -3.64 | 5.87% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.37 | 3.29% |
| Efficiency Ratio (%) | ▲ | 74.32% | -6.32 | 80.63% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.19% | -0.04 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $895 | +54.85 | $841 |
| Gross Loans ($M) | ▲ | $714 | +68.52 | $646 |
| Loan Growth YoY (%) | ▲ | 96.98% | +6.95 | 90.03% |
| Total Deposits ($M) | ▲ | $730 | +18.78 | $711 |
| Shareholders Equity ($M) | ▲ | $80 | +5.67 | $74 |
| Tang. Book Value ($M) | ▲ | $79 | +5.67 | $73 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +4.99 | $80 |
| Loan / Deposit Ratio (%) | ▲ | 96.98% | +6.95 | 90.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.79% | +0.16 | 0.63% |
| Allowance / Loans (%) | — | 0.88% | 0.05% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.99% | +0.17 | 0.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▂▄▄██ | Net Interest Margin (%) | 3.23% | 3.23% | 3.17% | 3.29% | 3.37% | 3.42% | 3.67% | 3.67% |
| ▅▅▄▅▅▆█▁ | Return on Assets (%) | 0.50% | 0.48% | 0.42% | 0.51% | 0.48% | 0.54% | 0.71% | 0.20% |
| ▆▇█▇▅▃▁▁ | Efficiency Ratio (%) | 79.8% | 80.2% | 82.2% | 80.6% | 79.1% | 77.1% | 75.0% | 74.3% |
| ▁████▆▅▄ | Cost of Funds (%) | 1.16% | 1.23% | 1.23% | 1.23% | 1.23% | 1.21% | 1.20% | 1.19% |
| ▇▅▄▃▁▁▁█ | NPA / Assets (%) | 0.74% | 0.69% | 0.66% | 0.63% | 0.54% | 0.55% | 0.54% | 0.79% |
| █▆▆▄▁▁▁█ | Net Charge-Off Ratio (%) | 1.00% | 0.91% | 0.88% | 0.82% | 0.69% | 0.70% | 0.69% | 0.99% |
| ▃▁▃▄▆███ | Tang. Book Value ($M) | $72 | $69 | $72 | $73 | $76 | $79 | $79 | $79 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $597 | $618 | $631 | $646 | $663 | $691 | $695 | $714 |
| ▁▄▇▆▆▆██ | Total Deposits ($M) | $667 | $692 | $720 | $711 | $709 | $707 | $726 | $730 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 12% |
| Other | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 10% |