Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.35 | 0.83% |
| Return on Equity (%) | ▲ | 10.61% | +2.27 | 8.34% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.45 | 3.65% |
| Efficiency Ratio (%) | ▲ | 54.28% | -5.49 | 59.77% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.04 | $1 |
| Cost of Funds (%) | ▲ | 1.74% | -0.69 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $508 | +235.41 | $273 |
| Gross Loans ($M) | ▲ | $436 | +213.75 | $222 |
| Loan Growth YoY (%) | ▼ | 102.44% | -0.69 | 103.12% |
| Total Deposits ($M) | ▲ | $421 | +207.55 | $213 |
| Shareholders Equity ($M) | ▲ | $58 | +30.79 | $27 |
| Tang. Book Value ($M) | ▲ | $56 | +29.06 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +29.48 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 102.44% | -0.69 | 103.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.79% | -0.27 | 1.06% |
| Allowance / Loans (%) | — | 1.10% | 0.11% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.92% | -0.38 | 1.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.55% | -0.01 | 11.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▇█ | Net Interest Margin (%) | 3.36% | 3.35% | 3.52% | 3.65% | 3.75% | 3.79% | 4.00% | 4.10% |
| ▃▁▅▆▆▇██ | Return on Assets (%) | 0.47% | 0.15% | 0.68% | 0.83% | 0.87% | 0.97% | 1.05% | 1.17% |
| ▇█▆▄▃▄▂▁ | Efficiency Ratio (%) | 63.9% | 66.2% | 62.4% | 59.8% | 58.5% | 59.7% | 56.3% | 54.3% |
| █▇▆▆▅▄▂▁ | Cost of Funds (%) | 2.72% | 2.57% | 2.40% | 2.42% | 2.34% | 2.21% | 1.98% | 1.74% |
| █▅▅▆▅▁▁▄ | NPA / Assets (%) | 1.51% | 0.88% | 0.94% | 1.06% | 0.93% | 0.17% | 0.15% | 0.79% |
| █▅▆▆▅▁▁▄ | Net Charge-Off Ratio (%) | 1.84% | 1.10% | 1.15% | 1.30% | 1.04% | 0.04% | 0.00% | 0.92% |
| ▁▁▁▁▁▁▂█ | Tang. Book Value ($M) | $26 | $25 | $26 | $27 | $28 | $29 | $29 | $56 |
| ▁▁▁▁▁▁▁█ | Gross Loans ($M) | $215 | $210 | $218 | $222 | $229 | $211 | $212 | $436 |
| ▁▁▁▁▁▁▁█ | Total Deposits ($M) | $208 | $203 | $212 | $213 | $211 | $221 | $230 | $421 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |