Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.53% | +0.35 | 0.18% |
| Return on Equity (%) | ▲ | 4.46% | +2.92 | 1.54% |
| Net Interest Margin (%) | ▲ | 2.80% | +0.32 | 2.48% |
| Efficiency Ratio (%) | ▲ | 78.17% | -11.82 | 89.99% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.36 | $1 |
| Cost of Funds (%) | ▲ | 2.04% | -0.14 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,442 | +86.80 | $1,355 |
| Gross Loans ($M) | ▲ | $999 | +62.34 | $937 |
| Loan Growth YoY (%) | ▼ | 89.89% | -2.55 | 92.44% |
| Total Deposits ($M) | ▲ | $1,105 | +97.34 | $1,008 |
| Shareholders Equity ($M) | ▲ | $169 | +11.41 | $158 |
| Tang. Book Value ($M) | ▲ | $166 | +11.13 | $155 |
| TBV excl. AOCI ($M)** | ▲ | $182 | +13.63 | $168 |
| Loan / Deposit Ratio (%) | ▼ | 89.89% | -2.55 | 92.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.05 | 0.51% |
| Allowance / Loans (%) | — | 0.61% | 0.01% | 0.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.66% | -0.07 | 0.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.18% | 2.20% | 2.39% | 2.48% | 2.55% | 2.60% | 2.73% | 2.80% |
| ▁▁▁▃▃▃██ | Return on Assets (%) | 0.06% | 0.09% | 0.11% | 0.18% | 0.19% | 0.22% | 0.52% | 0.53% |
| ██▆▅▄▄▁▁ | Efficiency Ratio (%) | 97.5% | 97.0% | 92.6% | 90.0% | 87.2% | 87.5% | 79.3% | 78.2% |
| ▂█▃▅▄▃▁▁ | Cost of Funds (%) | 2.10% | 2.32% | 2.12% | 2.19% | 2.17% | 2.12% | 2.03% | 2.04% |
| ▁▂▁▆▂█▅▄ | NPA / Assets (%) | 0.40% | 0.44% | 0.40% | 0.51% | 0.44% | 0.56% | 0.50% | 0.47% |
| ▁▂▁▇▂█▆▄ | Net Charge-Off Ratio (%) | 0.60% | 0.61% | 0.58% | 0.73% | 0.61% | 0.78% | 0.72% | 0.66% |
| ▄▁▂▃▅▇▇█ | Tang. Book Value ($M) | $157 | $151 | $153 | $155 | $160 | $163 | $162 | $166 |
| ▁▂▄▅▆▇▇█ | Gross Loans ($M) | $855 | $879 | $912 | $937 | $954 | $975 | $977 | $999 |
| ▁▁▃▄▄▅▇█ | Total Deposits ($M) | $938 | $935 | $997 | $1,008 | $1,011 | $1,034 | $1,076 | $1,105 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |