Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.12 | 1.21% |
| Return on Equity (%) | ▲ | 7.25% | +1.17 | 6.08% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.33 | 3.21% |
| Efficiency Ratio (%) | ▲ | 47.43% | -2.00 | 49.43% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.65 | $3 |
| Cost of Funds (%) | ▲ | 2.35% | -0.21 | 2.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $686 | +70.01 | $616 |
| Gross Loans ($M) | ▲ | $536 | +77.32 | $458 |
| Loan Growth YoY (%) | ▲ | 115.97% | +13.05 | 102.93% |
| Total Deposits ($M) | ▲ | $457 | +16.36 | $440 |
| Shareholders Equity ($M) | ▲ | $127 | +6.74 | $120 |
| Tang. Book Value ($M) | ▲ | $127 | +6.74 | $120 |
| TBV excl. AOCI ($M)** | ▲ | $131 | +6.54 | $124 |
| Loan / Deposit Ratio (%) | ▲ | 115.97% | +13.05 | 102.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.95% | +0.34 | 0.61% |
| Allowance / Loans (%) | — | 1.08% | 0.01% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 1.22% | +0.40 | 0.82% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 24.19% | -2.10 | 26.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 3.04% | 3.05% | 3.12% | 3.21% | 3.33% | 3.38% | 3.46% | 3.54% |
| ▁▁▄▅▆▆▇█ | Return on Assets (%) | 1.05% | 1.09% | 1.18% | 1.21% | 1.26% | 1.24% | 1.27% | 1.34% |
| █▇▃▂▁▂▁▁ | Efficiency Ratio (%) | 57.2% | 55.6% | 50.9% | 49.4% | 48.5% | 49.3% | 47.9% | 47.4% |
| ███▇▆▅▁▂ | Cost of Funds (%) | 2.62% | 2.65% | 2.63% | 2.56% | 2.53% | 2.48% | 2.27% | 2.35% |
| ▁▁▁▅▅▆▇█ | NPA / Assets (%) | 0.19% | 0.13% | 0.19% | 0.61% | 0.58% | 0.71% | 0.78% | 0.95% |
| ▁▁▁▅▅▆▇█ | Net Charge-Off Ratio (%) | 0.26% | 0.18% | 0.28% | 0.82% | 0.74% | 0.93% | 1.05% | 1.22% |
| ▁▁▂▃▄▅▆█ | Tang. Book Value ($M) | $118 | $118 | $120 | $120 | $122 | $123 | $125 | $127 |
| ▁▁▂▄▆▆▇█ | Gross Loans ($M) | $398 | $410 | $424 | $458 | $487 | $499 | $511 | $536 |
| ▁▁▄▅▆█▇▆ | Total Deposits ($M) | $389 | $398 | $434 | $440 | $451 | $480 | $459 | $457 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 31% |