Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.25 | 0.89% |
| Return on Equity (%) | ▼ | 6.95% | -0.07 | 7.02% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.41 | 3.59% |
| Efficiency Ratio (%) | ▲ | 65.73% | -5.81 | 71.55% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.51 | $2 |
| Cost of Funds (%) | ▲ | 1.40% | -0.23 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $736 | +1.92 | $734 |
| Gross Loans ($M) | ▲ | $563 | +5.50 | $558 |
| Loan Growth YoY (%) | ▲ | 93.20% | +5.63 | 87.57% |
| Total Deposits ($M) | ▼ | $599 | -31.73 | $631 |
| Shareholders Equity ($M) | ▲ | $121 | +30.67 | $91 |
| Tang. Book Value ($M) | ▲ | $121 | +30.68 | $91 |
| TBV excl. AOCI ($M)** | ▲ | $124 | +30.59 | $93 |
| Loan / Deposit Ratio (%) | ▲ | 93.20% | +5.63 | 87.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.04 | 0.24% |
| Allowance / Loans (%) | — | 0.84% | -0.08% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.25% | -0.06 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.20% | 3.24% | 3.46% | 3.59% | 3.64% | 3.71% | 3.95% | 4.00% |
| ▁▂▁▄▇▇▇█ | Return on Assets (%) | 0.69% | 0.74% | 0.67% | 0.89% | 1.03% | 1.03% | 1.07% | 1.13% |
| ██▇▄▂▂▂▁ | Efficiency Ratio (%) | 80.3% | 80.5% | 77.4% | 71.5% | 69.2% | 68.6% | 68.8% | 65.7% |
| █▇▅▄▄▄▁▁ | Cost of Funds (%) | 2.00% | 1.91% | 1.70% | 1.64% | 1.65% | 1.61% | 1.38% | 1.40% |
| ██▇▁▁▁▁▁ | NPA / Assets (%) | 0.58% | 0.56% | 0.50% | 0.24% | 0.25% | 0.23% | 0.22% | 0.20% |
| ██▇▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.74% | 0.69% | 0.62% | 0.32% | 0.33% | 0.30% | 0.28% | 0.25% |
| ▁▁▁▁▇▇██ | Tang. Book Value ($M) | $87 | $87 | $88 | $91 | $114 | $117 | $118 | $121 |
| ▁▃▆▆▆▇▇█ | Gross Loans ($M) | $545 | $550 | $557 | $558 | $558 | $560 | $559 | $563 |
| ▂▁▂█▆▃▂▄ | Total Deposits ($M) | $591 | $577 | $585 | $631 | $613 | $596 | $588 | $599 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 5% |