Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.01% | -0.19 | 1.20% |
| Return on Equity (%) | ▼ | 5.57% | -0.25 | 5.82% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.06 | 4.39% |
| Efficiency Ratio (%) | ▼ | 66.00% | +5.82 | 60.18% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.01 | $5 |
| Cost of Funds (%) | ▼ | 1.30% | +0.05 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $869 | -31.87 | $901 |
| Gross Loans ($M) | ▼ | $710 | -40.96 | $751 |
| Loan Growth YoY (%) | ▼ | 102.18% | -4.59 | 106.77% |
| Total Deposits ($M) | ▼ | $689 | -6.01 | $695 |
| Shareholders Equity ($M) | ▼ | $163 | -25.37 | $188 |
| Tang. Book Value ($M) | ▼ | $154 | -25.19 | $179 |
| TBV excl. AOCI ($M)** | ▼ | $156 | -25.36 | $181 |
| Loan / Deposit Ratio (%) | ▼ | 102.18% | -4.59 | 106.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.39% | -0.11 | 0.50% |
| Allowance / Loans (%) | — | 0.87% | -0.34% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.48% | -0.10 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.40% | -2.05 | 24.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▄▆█▁▆ | Net Interest Margin (%) | 4.54% | 4.51% | 4.25% | 4.39% | 4.47% | 4.55% | 4.29% | 4.45% |
| █▇▄▅▇█▁▄ | Return on Assets (%) | 1.69% | 1.52% | 0.99% | 1.20% | 1.40% | 1.61% | 0.46% | 1.01% |
| ▁▁▅▃▃▂█▅ | Efficiency Ratio (%) | 50.3% | 52.9% | 65.6% | 60.2% | 58.7% | 56.0% | 78.7% | 66.0% |
| ▁▁▅▄▅▇█▆ | Cost of Funds (%) | 1.15% | 1.15% | 1.28% | 1.24% | 1.27% | 1.33% | 1.38% | 1.30% |
| ▆▆█▇▄▁▂▄ | NPA / Assets (%) | 0.46% | 0.46% | 0.54% | 0.50% | 0.39% | 0.25% | 0.29% | 0.39% |
| ▇▆█▇▄▁▂▅ | Net Charge-Off Ratio (%) | 0.57% | 0.54% | 0.64% | 0.58% | 0.47% | 0.30% | 0.35% | 0.48% |
| ▇▇▇██▁▁▁ | Tang. Book Value ($M) | $174 | $176 | $178 | $179 | $181 | $151 | $153 | $154 |
| ▁▆██▇█▆▃ | Gross Loans ($M) | $693 | $738 | $750 | $751 | $746 | $755 | $735 | $710 |
| ▁▃██▄▅▃▅ | Total Deposits ($M) | $683 | $686 | $695 | $695 | $688 | $689 | $687 | $689 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 11% |