Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.35 | 1.15% |
| Return on Equity (%) | ▲ | 15.24% | +3.79 | 11.45% |
| Net Interest Margin (%) | ▲ | 3.48% | +0.21 | 3.27% |
| Efficiency Ratio (%) | ▲ | 49.56% | -6.79 | 56.36% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.51 | $4 |
| Cost of Funds (%) | ▼ | 1.56% | +0.09 | 1.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $964 | +61.44 | $902 |
| Gross Loans ($M) | ▲ | $713 | +3.52 | $709 |
| Loan Growth YoY (%) | ▼ | 98.42% | -2.63 | 101.05% |
| Total Deposits ($M) | ▲ | $719 | +22.19 | $697 |
| Shareholders Equity ($M) | ▲ | $96 | +6.46 | $89 |
| Tang. Book Value ($M) | ▲ | $96 | +6.46 | $89 |
| TBV excl. AOCI ($M)** | ▲ | $106 | +9.44 | $96 |
| Loan / Deposit Ratio (%) | ▼ | 98.42% | -2.63 | 101.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.01 | 0.11% |
| Allowance / Loans (%) | — | 0.70% | 0.00% | 0.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.00 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.18% | +0.96 | 14.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 3.10% | 3.09% | 3.19% | 3.27% | 3.32% | 3.35% | 3.44% | 3.48% |
| ▁▁▁▂▂▃█▆ | Return on Assets (%) | 1.07% | 1.06% | 1.08% | 1.15% | 1.21% | 1.22% | 1.69% | 1.50% |
| ███▇▆▆▁▃ | Efficiency Ratio (%) | 58.1% | 57.7% | 59.0% | 56.4% | 54.9% | 54.4% | 45.9% | 49.6% |
| ██▁▁▅▅▃▄ | Cost of Funds (%) | 1.70% | 1.68% | 1.50% | 1.47% | 1.59% | 1.62% | 1.53% | 1.56% |
| ▇█▅▃▁▆▂▂ | NPA / Assets (%) | 0.16% | 0.17% | 0.13% | 0.11% | 0.09% | 0.14% | 0.11% | 0.10% |
| ▇█▄▃▁▇▃▃ | Net Charge-Off Ratio (%) | 0.20% | 0.21% | 0.16% | 0.14% | 0.11% | 0.19% | 0.14% | 0.14% |
| ▁▁▂▃▄▅██ | Tang. Book Value ($M) | $87 | $88 | $88 | $89 | $91 | $92 | $95 | $96 |
| ▁▂▅▇█▇▆█ | Gross Loans ($M) | $684 | $690 | $699 | $709 | $714 | $708 | $706 | $713 |
| ▁▅▆▅▂▃▇█ | Total Deposits ($M) | $669 | $695 | $705 | $697 | $677 | $687 | $708 | $719 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 5% |