Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.25 | 0.76% |
| Return on Equity (%) | ▲ | 10.30% | +2.49 | 7.81% |
| Net Interest Margin (%) | ▲ | 2.62% | +0.51 | 2.10% |
| Efficiency Ratio (%) | ▲ | 55.51% | -6.01 | 61.52% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.78 | $3 |
| Cost of Funds (%) | ▲ | 3.36% | -0.56 | 3.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,123 | +37.66 | $1,086 |
| Gross Loans ($M) | ▲ | $1,081 | +39.12 | $1,042 |
| Loan Growth YoY (%) | ▼ | 121.96% | -5.71 | 127.68% |
| Total Deposits ($M) | ▲ | $880 | +70.20 | $809 |
| Shareholders Equity ($M) | ▲ | $110 | +4.34 | $106 |
| Tang. Book Value ($M) | ▲ | $110 | +4.34 | $106 |
| Loan / Deposit Ratio (%) | ▼ | 121.96% | -5.71 | 127.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.42 | 0.47% |
| Allowance / Loans (%) | — | 0.76% | -0.05% | 0.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.44 | 0.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆██ | Net Interest Margin (%) | 1.66% | 1.72% | 2.03% | 2.10% | 2.19% | 2.26% | 2.57% | 2.62% |
| ▂▁▅▅▆▅██ | Return on Assets (%) | 0.42% | 0.31% | 0.72% | 0.76% | 0.82% | 0.73% | 1.04% | 1.01% |
| ▆█▃▂▂▃▁▁ | Efficiency Ratio (%) | 75.3% | 82.3% | 63.2% | 61.5% | 58.6% | 62.9% | 55.1% | 55.5% |
| █▇▅▅▄▃▁▁ | Cost of Funds (%) | 4.42% | 4.29% | 3.94% | 3.92% | 3.83% | 3.71% | 3.37% | 3.36% |
| ▁▂▁██▄▄▁ | NPA / Assets (%) | 0.02% | 0.09% | 0.05% | 0.47% | 0.50% | 0.22% | 0.21% | 0.05% |
| ▁▂▁██▄▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.09% | 0.05% | 0.49% | 0.52% | 0.23% | 0.06% | 0.05% |
| ▁▁▂▄▅▅██ | Tang. Book Value ($M) | $103 | $103 | $105 | $106 | $107 | $107 | $110 | $110 |
| ▁▁▃▃▄▅▇█ | Gross Loans ($M) | $1,021 | $1,022 | $1,038 | $1,042 | $1,048 | $1,052 | $1,072 | $1,081 |
| ▁▁▂▂▅█▇█ | Total Deposits ($M) | $794 | $796 | $814 | $809 | $841 | $874 | $859 | $880 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 14% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 24% |