Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.18 | 0.90% |
| Return on Equity (%) | ▲ | 11.82% | +0.95 | 10.87% |
| Net Interest Margin (%) | ▲ | 4.72% | +0.07 | 4.65% |
| Efficiency Ratio (%) | ▲ | 71.35% | -2.05 | 73.40% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.31 | $2 |
| Cost of Funds (%) | ▲ | 1.24% | -0.16 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $528 | +14.84 | $514 |
| Gross Loans ($M) | ▲ | $446 | +14.96 | $431 |
| Loan Growth YoY (%) | ▼ | 97.79% | -2.72 | 100.50% |
| Total Deposits ($M) | ▲ | $450 | +26.51 | $424 |
| Shareholders Equity ($M) | ▲ | $49 | +6.56 | $43 |
| Tang. Book Value ($M) | ▲ | $49 | +6.56 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +6.52 | $45 |
| Loan / Deposit Ratio (%) | ▼ | 97.79% | -2.72 | 100.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.13% | +0.37 | 0.76% |
| Allowance / Loans (%) | — | 1.19% | 0.09% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 1.34% | +0.44 | 0.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.32 | 11.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇▆▇▇█ | Net Interest Margin (%) | 4.44% | 4.49% | 4.60% | 4.65% | 4.64% | 4.67% | 4.66% | 4.72% |
| ▁▁▇▅▄▆██ | Return on Assets (%) | 0.63% | 0.65% | 1.01% | 0.90% | 0.83% | 0.96% | 1.06% | 1.08% |
| ▆█▃▄▁▁▂▁ | Efficiency Ratio (%) | 74.2% | 76.0% | 72.2% | 73.4% | 71.4% | 70.9% | 71.7% | 71.3% |
| █▄▃▅▅▃▁▁ | Cost of Funds (%) | 1.52% | 1.38% | 1.32% | 1.40% | 1.39% | 1.32% | 1.26% | 1.24% |
| ▁▂▂▂█▅▇▆ | NPA / Assets (%) | 0.66% | 0.81% | 0.76% | 0.76% | 1.30% | 1.03% | 1.14% | 1.13% |
| ▁▂▂▂█▅▆▆ | Net Charge-Off Ratio (%) | 0.79% | 0.97% | 0.92% | 0.91% | 1.53% | 1.22% | 1.34% | 1.34% |
| ▁▁▂▂▃▇██ | Tang. Book Value ($M) | $42 | $41 | $42 | $43 | $44 | $48 | $49 | $49 |
| ▁▂▂▅▇███ | Gross Loans ($M) | $411 | $418 | $418 | $431 | $441 | $449 | $446 | $446 |
| ▁▁▃▃▅▆▆█ | Total Deposits ($M) | $412 | $415 | $424 | $424 | $432 | $437 | $438 | $450 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 4% |