Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.45% | +0.38 | 2.07% |
| Return on Equity (%) | ▲ | 20.98% | +2.36 | 18.62% |
| Net Interest Margin (%) | ▲ | 5.25% | +0.24 | 5.02% |
| Efficiency Ratio (%) | ▲ | 39.78% | -5.60 | 45.39% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.67 | $3 |
| Cost of Funds (%) | ▲ | 1.88% | -0.16 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $387 | +25.31 | $361 |
| Gross Loans ($M) | ▲ | $353 | +24.89 | $328 |
| Loan Growth YoY (%) | ▼ | 108.69% | -3.82 | 112.51% |
| Total Deposits ($M) | ▲ | $321 | +32.66 | $288 |
| Shareholders Equity ($M) | ▲ | $45 | +5.89 | $39 |
| Tang. Book Value ($M) | ▲ | $45 | +5.93 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 108.69% | -3.82 | 112.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.05 | 0.48% |
| Allowance / Loans (%) | — | 1.23% | 0.02% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.06 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.63% | +1.06 | 13.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆██ | Net Interest Margin (%) | 4.80% | 4.87% | 4.96% | 5.02% | 5.08% | 5.14% | 5.30% | 5.25% |
| ▁▂▁▃▄▄▆█ | Return on Assets (%) | 1.85% | 1.95% | 1.90% | 2.07% | 2.09% | 2.15% | 2.29% | 2.45% |
| ▆▅█▆▆▄▄▁ | Efficiency Ratio (%) | 45.9% | 45.1% | 48.2% | 45.4% | 45.3% | 43.3% | 43.8% | 39.8% |
| ██▅▄▄▃▂▁ | Cost of Funds (%) | 2.25% | 2.23% | 2.08% | 2.05% | 2.05% | 2.00% | 1.96% | 1.88% |
| ▄▁▅▄█▆▁▄ | NPA / Assets (%) | 0.51% | 0.25% | 0.54% | 0.48% | 0.82% | 0.66% | 0.31% | 0.53% |
| ▄▁▄▄█▆▁▄ | Net Charge-Off Ratio (%) | 0.56% | 0.27% | 0.55% | 0.53% | 0.91% | 0.73% | 0.34% | 0.58% |
| ▁▂▄▃▅▇██ | Tang. Book Value ($M) | $36 | $38 | $40 | $39 | $41 | $43 | $45 | $45 |
| ▁▁▂▄▅▇██ | Gross Loans ($M) | $311 | $313 | $321 | $328 | $336 | $343 | $350 | $353 |
| ▁▂▂▄▅▇▇█ | Total Deposits ($M) | $265 | $276 | $279 | $288 | $294 | $307 | $314 | $321 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 18% |