Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.67% | -0.04 | 0.71% |
| Return on Equity (%) | ▼ | 9.59% | -2.10 | 11.69% |
| Net Interest Margin (%) | ▲ | 3.61% | +0.10 | 3.51% |
| Efficiency Ratio (%) | ▼ | 74.21% | +0.85 | 73.36% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▼ | 1.53% | +0.07 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $412 | +14.54 | $397 |
| Gross Loans ($M) | ▲ | $296 | +14.52 | $281 |
| Loan Growth YoY (%) | ▲ | 79.83% | +3.73 | 76.11% |
| Total Deposits ($M) | ▲ | $366 | +1.74 | $364 |
| Shareholders Equity ($M) | ▲ | $29 | +3.04 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +3.04 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.12 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 79.83% | +3.73 | 76.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.77% | -0.32 | 1.09% |
| Allowance / Loans (%) | — | 1.14% | -0.22% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.40% | -0.49 | 0.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.43% | -0.23 | 12.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▇▇███ | Net Interest Margin (%) | 3.10% | 3.15% | 3.33% | 3.51% | 3.52% | 3.55% | 3.55% | 3.61% |
| ▁▅█▇▆▅▁▄ | Return on Assets (%) | 0.60% | 0.67% | 0.75% | 0.71% | 0.71% | 0.68% | 0.59% | 0.67% |
| █▇▅▃▃▁▅▄ | Efficiency Ratio (%) | 80.0% | 78.3% | 75.8% | 73.4% | 72.8% | 69.9% | 75.4% | 74.2% |
| █▅▁▃▁▆▆▅ | Cost of Funds (%) | 1.60% | 1.52% | 1.42% | 1.46% | 1.43% | 1.54% | 1.54% | 1.53% |
| ▅▅▅▅█▇▂▁ | NPA / Assets (%) | 1.16% | 1.16% | 1.14% | 1.09% | 1.40% | 1.31% | 0.89% | 0.77% |
| ▇▃▃▃██▁▁ | Net Charge-Off Ratio (%) | 1.70% | 1.00% | 0.95% | 0.88% | 2.05% | 1.88% | 0.56% | 0.40% |
| ▃▁▃▅▇███ | Tang. Book Value ($M) | $24 | $22 | $24 | $26 | $28 | $29 | $28 | $29 |
| ▁▃▄▃▃▇▆█ | Gross Loans ($M) | $275 | $281 | $284 | $281 | $283 | $293 | $290 | $296 |
| █▇▅▄▄▄▁▅ | Total Deposits ($M) | $382 | $377 | $365 | $364 | $362 | $361 | $347 | $366 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 20% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 5% |