Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.35 | 1.06% |
| Return on Equity (%) | ▲ | 14.81% | +2.22 | 12.59% |
| Net Interest Margin (%) | ▲ | 3.97% | +0.10 | 3.87% |
| Efficiency Ratio (%) | ▲ | 61.24% | -1.28 | 62.51% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.37 | $2 |
| Cost of Funds (%) | ▲ | 0.68% | -0.04 | 0.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $518 | +36.62 | $481 |
| Gross Loans ($M) | ▲ | $283 | +33.18 | $249 |
| Loan Growth YoY (%) | ▲ | 60.12% | +1.02 | 59.09% |
| Total Deposits ($M) | ▲ | $464 | +46.28 | $418 |
| Shareholders Equity ($M) | ▲ | $50 | +7.17 | $43 |
| Tang. Book Value ($M) | ▲ | $50 | +7.06 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +6.51 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 60.12% | +1.02 | 59.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.84% | -0.09 | 0.93% |
| Allowance / Loans (%) | — | 1.17% | 0.27% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 1.54% | -0.26 | 1.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.11% | -0.23 | 17.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇█████ | Net Interest Margin (%) | 3.17% | 3.31% | 3.83% | 3.87% | 3.87% | 3.87% | 3.88% | 3.97% |
| ▁▄▃▂▃▅▅█ | Return on Assets (%) | 0.95% | 1.15% | 1.12% | 1.06% | 1.11% | 1.20% | 1.23% | 1.41% |
| █▄▃▂▃▁▃▁ | Efficiency Ratio (%) | 70.1% | 65.2% | 63.6% | 62.5% | 62.9% | 60.4% | 63.9% | 61.2% |
| █▄▁▂▄▄▂▁ | Cost of Funds (%) | 0.98% | 0.82% | 0.70% | 0.72% | 0.81% | 0.82% | 0.75% | 0.68% |
| ▁▁▁█████ | NPA / Assets (%) | 0.09% | 0.08% | 0.08% | 0.93% | 0.94% | 0.86% | 0.87% | 0.84% |
| ▁▁▁███▇▇ | Net Charge-Off Ratio (%) | 0.19% | 0.16% | 0.15% | 1.80% | 1.82% | 1.70% | 1.59% | 1.54% |
| ▃▁▃▄▆▇▇█ | Tang. Book Value ($M) | $41 | $38 | $41 | $43 | $46 | $48 | $48 | $50 |
| ▁▂▃▃▄▅▇█ | Gross Loans ($M) | $229 | $242 | $245 | $249 | $251 | $260 | $276 | $283 |
| ▇▆▄▁▄█▇█ | Total Deposits ($M) | $455 | $453 | $440 | $418 | $439 | $465 | $454 | $464 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 8% |