Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.15 | 0.99% |
| Return on Equity (%) | ▲ | 10.42% | +0.77 | 9.65% |
| Net Interest Margin (%) | ▲ | 3.76% | +0.24 | 3.53% |
| Efficiency Ratio (%) | ▲ | 60.96% | -6.57 | 67.53% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.34 | $2 |
| Cost of Funds (%) | ▲ | 1.68% | -0.11 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $491 | +17.28 | $474 |
| Gross Loans ($M) | ▲ | $325 | +26.50 | $298 |
| Loan Growth YoY (%) | ▲ | 74.54% | +4.60 | 69.94% |
| Total Deposits ($M) | ▲ | $430 | +9.50 | $420 |
| Shareholders Equity ($M) | ▲ | $56 | +6.67 | $49 |
| Tang. Book Value ($M) | ▲ | $55 | +6.83 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +7.19 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 74.54% | +4.60 | 69.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.86% | -0.02 | 0.88% |
| Allowance / Loans (%) | — | 1.39% | -0.09% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 1.11% | -0.03 | 1.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.65% | +0.85 | 17.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▇▇██ | Net Interest Margin (%) | 3.17% | 3.20% | 3.39% | 3.53% | 3.62% | 3.62% | 3.69% | 3.76% |
| ▁▂▂▆██▇█ | Return on Assets (%) | 0.71% | 0.77% | 0.77% | 0.99% | 1.14% | 1.13% | 1.07% | 1.14% |
| ██▇▄▃▃▂▁ | Efficiency Ratio (%) | 75.2% | 73.9% | 71.7% | 67.5% | 66.1% | 65.5% | 64.0% | 61.0% |
| █▇▃▂▂▂▁▁ | Cost of Funds (%) | 2.23% | 2.09% | 1.88% | 1.79% | 1.77% | 1.79% | 1.67% | 1.68% |
| ▇▇█▇▁█▇▇ | NPA / Assets (%) | 0.88% | 0.87% | 0.90% | 0.88% | 0.63% | 0.93% | 0.89% | 0.86% |
| █▅█▇▁██▆ | Net Charge-Off Ratio (%) | 1.26% | 1.06% | 1.20% | 1.15% | 0.77% | 1.26% | 1.20% | 1.11% |
| ▁▁▁▁▄▆▇█ | Tang. Book Value ($M) | $48 | $48 | $48 | $48 | $51 | $53 | $53 | $55 |
| ▁▁▃▄▄▅▆█ | Gross Loans ($M) | $282 | $287 | $295 | $298 | $300 | $307 | $309 | $325 |
| ▁▄▆▅▆██▆ | Total Deposits ($M) | $393 | $414 | $427 | $420 | $430 | $439 | $443 | $430 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |