Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.11 | 0.72% |
| Return on Equity (%) | ▲ | 9.78% | +1.59 | 8.19% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.27 | 3.92% |
| Efficiency Ratio (%) | ▲ | 70.29% | -1.81 | 72.10% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.14 | $2 |
| Cost of Funds (%) | ▼ | 1.89% | +0.08 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $536 | +18.30 | $518 |
| Gross Loans ($M) | ▲ | $437 | +15.66 | $422 |
| Loan Growth YoY (%) | ▲ | 90.81% | +2.18 | 88.63% |
| Total Deposits ($M) | ▲ | $475 | +5.25 | $469 |
| Shareholders Equity ($M) | ▲ | $46 | +2.34 | $44 |
| Tang. Book Value ($M) | ▲ | $46 | +2.34 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $48 | +2.59 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 90.81% | +2.18 | 88.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.08 | 0.02% |
| Allowance / Loans (%) | — | 1.45% | 0.11% | 1.35% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.09 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.54% | -0.26 | 10.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▃▂▆█ | Net Interest Margin (%) | 3.88% | 3.94% | 3.87% | 3.92% | 3.96% | 3.95% | 4.11% | 4.19% |
| ▅█▁▂▂▃▃▃ | Return on Assets (%) | 1.01% | 1.30% | 0.63% | 0.72% | 0.78% | 0.82% | 0.81% | 0.83% |
| ▁▁█▅▃▁▃▃ | Efficiency Ratio (%) | 68.4% | 68.3% | 75.1% | 72.1% | 70.2% | 69.0% | 70.2% | 70.3% |
| ▇▇▆▁█▆▁▃ | Cost of Funds (%) | 2.04% | 2.02% | 2.01% | 1.80% | 2.10% | 1.99% | 1.80% | 1.89% |
| █▁▂▁▂▂▂▁ | NPA / Assets (%) | 1.16% | 0.14% | 0.25% | 0.02% | 0.23% | 0.21% | 0.25% | 0.10% |
| █▁▂▁▂▂▂▁ | Net Charge-Off Ratio (%) | 1.34% | 0.17% | 0.30% | 0.02% | 0.28% | 0.25% | 0.31% | 0.12% |
| ▁▅▅▅▆▇▇█ | Tang. Book Value ($M) | $41 | $44 | $44 | $44 | $45 | $45 | $45 | $46 |
| ▄▂▁▄▇██▇ | Gross Loans ($M) | $421 | $407 | $400 | $422 | $436 | $447 | $447 | $437 |
| ▃▁▁▅▆██▆ | Total Deposits ($M) | $458 | $439 | $438 | $469 | $476 | $492 | $489 | $475 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 14% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 5% |