Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.37 | 1.41% |
| Return on Equity (%) | ▲ | 13.17% | +2.16 | 11.01% |
| Net Interest Margin (%) | ▲ | 5.24% | +0.35 | 4.89% |
| Efficiency Ratio (%) | ▲ | 53.97% | -6.46 | 60.43% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.53 | $3 |
| Cost of Funds (%) | ▲ | 2.02% | -0.10 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $511 | +18.45 | $492 |
| Gross Loans ($M) | ▲ | $443 | +33.84 | $409 |
| Loan Growth YoY (%) | ▲ | 112.18% | +5.08 | 107.10% |
| Total Deposits ($M) | ▲ | $389 | +12.79 | $376 |
| Shareholders Equity ($M) | ▲ | $69 | +6.17 | $63 |
| Tang. Book Value ($M) | ▲ | $68 | +6.17 | $62 |
| Loan / Deposit Ratio (%) | ▲ | 112.18% | +5.08 | 107.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.11% | -0.45 | 1.56% |
| Allowance / Loans (%) | — | 1.35% | -0.02% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 1.06% | -0.82 | 1.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▆▇██ | Net Interest Margin (%) | 4.46% | 4.56% | 4.71% | 4.89% | 5.03% | 5.09% | 5.17% | 5.24% |
| ▁▂▂▃▅▆██ | Return on Assets (%) | 1.20% | 1.33% | 1.33% | 1.41% | 1.53% | 1.63% | 1.78% | 1.78% |
| █▇▇▅▄▃▁▁ | Efficiency Ratio (%) | 64.8% | 62.2% | 63.1% | 60.4% | 58.4% | 57.2% | 54.6% | 54.0% |
| █▆▄▃▃▂▁▂ | Cost of Funds (%) | 2.59% | 2.35% | 2.19% | 2.12% | 2.16% | 2.00% | 1.90% | 2.02% |
| ▃▃▃█▅▄▁▂ | NPA / Assets (%) | 1.16% | 1.18% | 1.18% | 1.56% | 1.29% | 1.25% | 1.00% | 1.11% |
| ▄▄▄█▅▅▂▁ | Net Charge-Off Ratio (%) | 1.44% | 1.46% | 1.44% | 1.88% | 1.49% | 1.54% | 1.18% | 1.06% |
| ▁▂▄▃▅▇██ | Tang. Book Value ($M) | $59 | $62 | $63 | $62 | $64 | $67 | $69 | $68 |
| ▁▁▂▂▅▂▄█ | Gross Loans ($M) | $400 | $400 | $409 | $409 | $424 | $409 | $416 | $443 |
| ▂▁▂▃▁▁█▇ | Total Deposits ($M) | $374 | $370 | $373 | $376 | $371 | $368 | $396 | $389 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 13% |