Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.12% | +0.42 | 0.70% |
| Return on Equity (%) | ▲ | 9.73% | +2.79 | 6.94% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.48 | 2.74% |
| Efficiency Ratio (%) | ▲ | 59.48% | -7.63 | 67.11% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.24 | $2 |
| Cost of Funds (%) | ▲ | 1.91% | -0.53 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $565 | -36.46 | $602 |
| Gross Loans ($M) | ▼ | $431 | -49.49 | $481 |
| Loan Growth YoY (%) | ▼ | 89.81% | -2.83 | 92.63% |
| Total Deposits ($M) | ▼ | $473 | -39.28 | $512 |
| Shareholders Equity ($M) | ▲ | $69 | +5.04 | $64 |
| Tang. Book Value ($M) | ▲ | $69 | +5.05 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +5.35 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 89.81% | -2.83 | 92.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.12 | 0.13% |
| Allowance / Loans (%) | — | 1.46% | 0.20% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.76% | +2.20 | 13.56% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▅██ | Net Interest Margin (%) | 2.48% | 2.54% | 2.57% | 2.74% | 2.86% | 2.92% | 3.18% | 3.22% |
| ▁▂▁▃▄▅██ | Return on Assets (%) | 0.58% | 0.64% | 0.54% | 0.70% | 0.79% | 0.85% | 1.11% | 1.12% |
| █▇█▅▃▃▁▁ | Efficiency Ratio (%) | 73.0% | 70.4% | 71.8% | 67.1% | 64.1% | 62.9% | 59.3% | 59.5% |
| █▆▆▅▃▁▂▁ | Cost of Funds (%) | 2.86% | 2.61% | 2.56% | 2.44% | 2.18% | 2.00% | 2.12% | 1.91% |
| █▅▅▅▃▁▁▁ | NPA / Assets (%) | 0.22% | 0.12% | 0.12% | 0.13% | 0.08% | 0.01% | 0.01% | 0.01% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.26% | 0.00% | 0.00% | 0.01% | 0.01% | 0.02% | 0.02% | 0.02% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $61 | $60 | $62 | $64 | $66 | $67 | $68 | $69 |
| █▇▇▅▅▅▃▁ | Gross Loans ($M) | $510 | $495 | $493 | $481 | $477 | $478 | $454 | $431 |
| ▅▇█▄▆█▃▁ | Total Deposits ($M) | $519 | $540 | $552 | $512 | $523 | $543 | $498 | $473 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 13% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 18% |