Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.93% | +0.37 | 1.56% |
| Return on Equity (%) | ▲ | 19.39% | +4.11 | 15.28% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.46 | 4.03% |
| Efficiency Ratio (%) | ▲ | 57.99% | -1.94 | 59.93% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.39 | $3 |
| Cost of Funds (%) | ▲ | 1.34% | -0.25 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $691 | -4.49 | $696 |
| Gross Loans ($M) | ▼ | $546 | -28.04 | $574 |
| Loan Growth YoY (%) | ▼ | 86.91% | -5.04 | 91.95% |
| Total Deposits ($M) | ▲ | $620 | +3.46 | $617 |
| Shareholders Equity ($M) | ▼ | $66 | -6.08 | $73 |
| Tang. Book Value ($M) | ▼ | $66 | -6.08 | $72 |
| TBV excl. AOCI ($M)** | ▼ | $69 | -6.33 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 86.91% | -5.04 | 91.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.01 | 0.02% |
| Allowance / Loans (%) | — | 1.31% | 0.07% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.02 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.43% | -0.94 | 13.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▅██ | Net Interest Margin (%) | 3.55% | 3.65% | 3.94% | 4.03% | 4.08% | 4.13% | 4.44% | 4.49% |
| ▁▂▄▃▅▄██ | Return on Assets (%) | 1.36% | 1.44% | 1.66% | 1.56% | 1.69% | 1.68% | 2.00% | 1.93% |
| ██▄▆▄▅▁▃ | Efficiency Ratio (%) | 61.9% | 61.2% | 58.6% | 59.9% | 58.3% | 59.4% | 55.9% | 58.0% |
| █▆▅▅▅▃▁▁ | Cost of Funds (%) | 1.83% | 1.65% | 1.61% | 1.59% | 1.56% | 1.46% | 1.28% | 1.34% |
| ▁▁█▁▂▁▁▁ | NPA / Assets (%) | 0.04% | 0.03% | 0.61% | 0.02% | 0.14% | 0.02% | 0.05% | 0.03% |
| ▁▁█▁▂▁▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.73% | 0.03% | 0.18% | 0.02% | 0.06% | 0.04% |
| ▁▂▄▅▇█▁▂ | Tang. Book Value ($M) | $66 | $67 | $71 | $72 | $75 | $77 | $65 | $66 |
| ▃▅▇█▄▅▄▁ | Gross Loans ($M) | $556 | $560 | $568 | $574 | $559 | $563 | $560 | $546 |
| ▁▁▄▆▇██▇ | Total Deposits ($M) | $590 | $594 | $608 | $617 | $619 | $627 | $628 | $620 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 9% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |