Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.02% | +0.09 | 1.93% |
| Return on Equity (%) | ▼ | 15.17% | -0.53 | 15.70% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.21 | 4.24% |
| Efficiency Ratio (%) | ▲ | 46.06% | -1.30 | 47.36% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.45 | $4 |
| Cost of Funds (%) | ▲ | 1.37% | -0.27 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $713 | +8.95 | $704 |
| Gross Loans ($M) | ▲ | $521 | +57.16 | $463 |
| Loan Growth YoY (%) | ▲ | 84.06% | +8.47 | 75.59% |
| Total Deposits ($M) | ▲ | $608 | +6.40 | $602 |
| Shareholders Equity ($M) | ▲ | $97 | +7.93 | $89 |
| Tang. Book Value ($M) | ▲ | $83 | +9.58 | $73 |
| TBV excl. AOCI ($M)** | ▲ | $87 | +9.38 | $78 |
| Loan / Deposit Ratio (%) | ▲ | 84.06% | +8.47 | 75.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.28% | +0.64 | 0.64% |
| Allowance / Loans (%) | — | 1.78% | -0.05% | 1.83% |
| Net Charge-Off Ratio (%) | ▼ | 1.75% | +0.78 | 0.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▁▁▃▅▇▆█ | Net Interest Margin (%) | 4.43% | 4.11% | 4.14% | 4.24% | 4.29% | 4.36% | 4.35% | 4.45% |
| █▃▁▂▁▃▁▃ | Return on Assets (%) | 2.37% | 2.04% | 1.86% | 1.93% | 1.92% | 1.99% | 1.87% | 2.02% |
| ▁█▇▅▆▆▇▂ | Efficiency Ratio (%) | 45.0% | 49.3% | 48.5% | 47.4% | 48.0% | 47.9% | 48.3% | 46.1% |
| █▁█▇▇▅▃▃ | Cost of Funds (%) | 1.78% | 1.15% | 1.74% | 1.64% | 1.68% | 1.50% | 1.32% | 1.37% |
| ▁▁▁▃▅▃▅█ | NPA / Assets (%) | 0.28% | 0.31% | 0.28% | 0.64% | 0.85% | 0.65% | 0.84% | 1.28% |
| ▁▁▁▄▆▄▆█ | Net Charge-Off Ratio (%) | 0.37% | 0.49% | 0.42% | 0.98% | 1.24% | 0.92% | 1.28% | 1.75% |
| ▄▁▂▃▅▆▇█ | Tang. Book Value ($M) | $74 | $68 | $71 | $73 | $76 | $79 | $81 | $83 |
| ▁▅▆▆▇▇▆█ | Gross Loans ($M) | $366 | $450 | $467 | $463 | $484 | $488 | $478 | $521 |
| ▁████▇██ | Total Deposits ($M) | $393 | $604 | $600 | $602 | $603 | $587 | $629 | $608 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 3% |
| Other | 28% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 7% |