Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.18 | 0.89% |
| Return on Equity (%) | ▲ | 11.72% | +1.37 | 10.35% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.63 | 3.35% |
| Efficiency Ratio (%) | ▲ | 57.40% | -8.57 | 65.97% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.64 | $1 |
| Cost of Funds (%) | ▲ | 1.83% | -0.40 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $383 | -0.02 | $383 |
| Gross Loans ($M) | ▲ | $319 | +31.58 | $288 |
| Loan Growth YoY (%) | ▲ | 91.38% | +9.45 | 81.94% |
| Total Deposits ($M) | ▼ | $345 | -2.36 | $347 |
| Shareholders Equity ($M) | ▲ | $36 | +2.44 | $33 |
| Tang. Book Value ($M) | ▲ | $35 | +2.53 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +2.84 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 91.38% | +9.45 | 81.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.15% | +1.43 | 0.71% |
| Allowance / Loans (%) | — | 1.28% | 0.19% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 2.33% | +1.38 | 0.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.97% | -0.81 | 11.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 3.10% | 3.14% | 3.23% | 3.35% | 3.43% | 3.61% | 3.86% | 3.98% |
| ▁▂▅▄▅▅█▇ | Return on Assets (%) | 0.69% | 0.77% | 0.96% | 0.89% | 0.95% | 0.98% | 1.17% | 1.08% |
| █▇▇▅▄▃▃▁ | Efficiency Ratio (%) | 73.4% | 71.1% | 69.7% | 66.0% | 64.2% | 61.6% | 61.7% | 57.4% |
| █▇▅▄▄▂▁▁ | Cost of Funds (%) | 2.81% | 2.61% | 2.42% | 2.24% | 2.28% | 2.08% | 1.90% | 1.83% |
| ▁▁▁▁▃███ | NPA / Assets (%) | 0.73% | 0.63% | 0.60% | 0.71% | 1.05% | 2.05% | 2.09% | 2.15% |
| ▁▁▁▁▃███ | Net Charge-Off Ratio (%) | 0.92% | 0.82% | 0.81% | 0.95% | 1.27% | 2.20% | 2.28% | 2.33% |
| ▁▁▂▄▆▅▇█ | Tang. Book Value ($M) | $31 | $31 | $32 | $33 | $34 | $33 | $34 | $35 |
| ▂▂▁▂▄▆▇█ | Gross Loans ($M) | $288 | $286 | $280 | $288 | $295 | $307 | $310 | $319 |
| ▁▄▄▇█▅▄▆ | Total Deposits ($M) | $328 | $339 | $341 | $347 | $353 | $343 | $339 | $345 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 8% |