Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.04 | 0.88% |
| Return on Equity (%) | ▲ | 3.56% | +0.32 | 3.24% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.05 | 3.96% |
| Efficiency Ratio (%) | ▼ | 75.22% | +0.94 | 74.29% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.39% | -0.08 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $287 | +16.33 | $270 |
| Gross Loans ($M) | ▼ | $163 | -4.78 | $168 |
| Loan Growth YoY (%) | ▼ | 79.84% | -7.78 | 87.62% |
| Total Deposits ($M) | ▲ | $201 | +12.68 | $188 |
| Shareholders Equity ($M) | ▲ | $75 | +3.29 | $71 |
| Tang. Book Value ($M) | ▲ | $75 | +3.29 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +4.44 | $73 |
| Loan / Deposit Ratio (%) | ▼ | 79.84% | -7.78 | 87.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.81% | +0.16 | 0.65% |
| Allowance / Loans (%) | — | 1.34% | -0.11% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 1.43% | +0.43 | 1.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 43.37% | -0.36 | 43.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▇▆▇██ | Net Interest Margin (%) | 3.76% | 3.83% | 3.88% | 3.96% | 3.94% | 3.95% | 3.99% | 4.01% |
| ▁▂██████ | Return on Assets (%) | -1.60% | -0.97% | 0.91% | 0.88% | 0.83% | 0.80% | 0.94% | 0.93% |
| █▆▁▁▂▂▁▂ | Efficiency Ratio (%) | 82.7% | 79.8% | 74.0% | 74.3% | 75.3% | 75.4% | 74.1% | 75.2% |
| █▅▄▃▅▄▂▁ | Cost of Funds (%) | 1.65% | 1.52% | 1.50% | 1.47% | 1.52% | 1.49% | 1.44% | 1.39% |
| ▁▂▂▂▃██▅ | NPA / Assets (%) | 0.58% | 0.67% | 0.64% | 0.65% | 0.68% | 0.96% | 0.95% | 0.81% |
| ▁▂▂▂▃██▆ | Net Charge-Off Ratio (%) | 0.87% | 0.98% | 0.99% | 1.00% | 1.11% | 1.55% | 1.64% | 1.43% |
| ▆▆█▁▂▄▅▇ | Tang. Book Value ($M) | $74 | $74 | $75 | $71 | $72 | $73 | $74 | $75 |
| ▄▅▄▆▃█▁▁ | Gross Loans ($M) | $166 | $167 | $166 | $168 | $165 | $170 | $164 | $163 |
| ▁▅▃▅▆▆██ | Total Deposits ($M) | $171 | $188 | $182 | $188 | $193 | $191 | $201 | $201 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |