Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.47 | 1.01% |
| Return on Equity (%) | ▲ | 11.95% | +3.14 | 8.81% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.48 | 3.98% |
| Efficiency Ratio (%) | ▲ | 66.60% | -1.50 | 68.10% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.42 | $3 |
| Cost of Funds (%) | ▲ | 1.28% | -0.40 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $981 | +24.84 | $956 |
| Gross Loans ($M) | ▲ | $830 | +37.24 | $792 |
| Loan Growth YoY (%) | ▲ | 102.88% | +6.01 | 96.86% |
| Total Deposits ($M) | ▼ | $803 | -9.93 | $813 |
| Shareholders Equity ($M) | ▲ | $121 | +6.69 | $114 |
| Tang. Book Value ($M) | ▲ | $121 | +6.69 | $114 |
| TBV excl. AOCI ($M)** | ▲ | $125 | +5.14 | $119 |
| Loan / Deposit Ratio (%) | ▲ | 102.88% | +6.01 | 96.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.07 | 0.12% |
| Allowance / Loans (%) | — | 0.41% | -0.20% | 0.61% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.02 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆██ | Net Interest Margin (%) | 3.42% | 3.51% | 3.81% | 3.98% | 4.10% | 4.18% | 4.42% | 4.47% |
| ▁▁▂▃▃▃█▆ | Return on Assets (%) | 0.74% | 0.79% | 0.95% | 1.01% | 1.07% | 1.10% | 1.80% | 1.48% |
| █▇▅▂▂▁▂▁ | Efficiency Ratio (%) | 74.0% | 72.3% | 70.1% | 68.1% | 67.2% | 66.2% | 68.1% | 66.6% |
| ██▅▅▄▃▁▁ | Cost of Funds (%) | 1.98% | 1.90% | 1.64% | 1.69% | 1.57% | 1.47% | 1.35% | 1.28% |
| ███▆▅▄▁▂ | NPA / Assets (%) | 0.16% | 0.15% | 0.16% | 0.12% | 0.10% | 0.08% | 0.01% | 0.04% |
| █▇█▂▂▂▁▃ | Net Charge-Off Ratio (%) | 0.12% | 0.11% | 0.12% | 0.03% | 0.04% | 0.04% | 0.02% | 0.05% |
| ▁▁▂▄▃▅▇█ | Tang. Book Value ($M) | $109 | $109 | $111 | $114 | $112 | $115 | $118 | $121 |
| ▁▂▄▄▃▅▅█ | Gross Loans ($M) | $760 | $770 | $787 | $792 | $786 | $798 | $796 | $830 |
| ▁▁█▄▃▃▃▃ | Total Deposits ($M) | $785 | $789 | $841 | $813 | $799 | $804 | $801 | $803 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 22% |