Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.32% | +0.10 | 1.23% |
| Return on Equity (%) | ▼ | 12.51% | -0.52 | 13.03% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.17 | 3.57% |
| Efficiency Ratio (%) | ▲ | 58.07% | -0.93 | 59.01% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.21 | $4 |
| Cost of Funds (%) | ▲ | 1.19% | -0.08 | 1.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $946 | +15.99 | $930 |
| Gross Loans ($M) | ▲ | $531 | +31.20 | $500 |
| Loan Growth YoY (%) | ▲ | 62.83% | +3.52 | 59.31% |
| Total Deposits ($M) | ▲ | $835 | +2.89 | $832 |
| Shareholders Equity ($M) | ▲ | $105 | +12.23 | $93 |
| Tang. Book Value ($M) | ▲ | $105 | +12.23 | $93 |
| TBV excl. AOCI ($M)** | ▲ | $122 | +13.45 | $108 |
| Loan / Deposit Ratio (%) | ▲ | 62.83% | +3.52 | 59.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.46% | -0.07 | 0.53% |
| Allowance / Loans (%) | — | 1.22% | -0.06% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.78% | -0.19 | 0.97% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇▇▆█ | Net Interest Margin (%) | 3.21% | 3.25% | 3.43% | 3.57% | 3.62% | 3.62% | 3.59% | 3.75% |
| ▁▁▅▆█▇▅█ | Return on Assets (%) | 0.98% | 0.94% | 1.14% | 1.23% | 1.28% | 1.24% | 1.18% | 1.32% |
| ▇█▅▂▁▃▂▁ | Efficiency Ratio (%) | 63.8% | 64.9% | 61.5% | 59.0% | 58.2% | 60.1% | 59.1% | 58.1% |
| █▇▅▄▆▁▂▂ | Cost of Funds (%) | 1.42% | 1.35% | 1.30% | 1.27% | 1.32% | 1.14% | 1.18% | 1.19% |
| █▂▂▂▁▁▁▁ | NPA / Assets (%) | 0.79% | 0.53% | 0.51% | 0.53% | 0.47% | 0.45% | 0.47% | 0.46% |
| █▃▃▃▁▁▁▁ | Net Charge-Off Ratio (%) | 1.49% | 1.02% | 0.98% | 0.97% | 0.85% | 0.87% | 0.85% | 0.78% |
| ▂▁▂▄▇▆▇█ | Tang. Book Value ($M) | $88 | $82 | $88 | $93 | $100 | $99 | $101 | $105 |
| ▁▁▂▄▄▄▅█ | Gross Loans ($M) | $478 | $484 | $486 | $500 | $504 | $503 | $506 | $531 |
| ▁▄▄▃▂█▃▃ | Total Deposits ($M) | $807 | $844 | $840 | $832 | $825 | $889 | $837 | $835 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 8% |