Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.28% | +0.09 | 0.19% |
| Return on Equity (%) | ▲ | 3.15% | +1.02 | 2.13% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.11 | 3.18% |
| Efficiency Ratio (%) | ▼ | 80.50% | +2.78 | 77.72% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 2.21% | -0.24 | 2.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $529 | +21.79 | $507 |
| Gross Loans ($M) | ▲ | $391 | +46.64 | $344 |
| Loan Growth YoY (%) | ▲ | 90.51% | +8.62 | 81.89% |
| Total Deposits ($M) | ▲ | $428 | +12.02 | $416 |
| Shareholders Equity ($M) | ▲ | $47 | +1.72 | $45 |
| Tang. Book Value ($M) | ▲ | $47 | +1.74 | $45 |
| TBV excl. AOCI ($M)** | ▼ | $50 | -0.31 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 90.51% | +8.62 | 81.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.76% | +0.80 | 1.96% |
| Allowance / Loans (%) | — | 0.99% | -0.15% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 2.85% | -0.04 | 2.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.60% | -0.30 | 10.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁█▇▇▇██ | Net Interest Margin (%) | 2.61% | 2.64% | 3.25% | 3.18% | 3.17% | 3.21% | 3.29% | 3.30% |
| ▂▂▁▂▅▆██ | Return on Assets (%) | 0.18% | 0.18% | 0.16% | 0.19% | 0.23% | 0.25% | 0.28% | 0.28% |
| ██▁▁▄▆▄▄ | Efficiency Ratio (%) | 83.6% | 84.3% | 77.4% | 77.7% | 80.2% | 81.8% | 80.3% | 80.5% |
| ██▅▃▃▂▁▁ | Cost of Funds (%) | 2.85% | 2.83% | 2.59% | 2.45% | 2.43% | 2.33% | 2.21% | 2.21% |
| ▆█▄▄▂▁██ | NPA / Assets (%) | 2.38% | 2.61% | 2.00% | 1.96% | 1.71% | 1.48% | 2.62% | 2.76% |
| ▆█▅▄▂▁▃▄ | Net Charge-Off Ratio (%) | 3.60% | 4.15% | 3.11% | 2.89% | 2.45% | 2.05% | 2.71% | 2.85% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $44 | $44 | $45 | $45 | $46 | $47 | $47 | $47 |
| ▂▁▁▃▄▇██ | Gross Loans ($M) | $338 | $324 | $324 | $344 | $357 | $378 | $383 | $391 |
| ██▂▁▅▃▃▅ | Total Deposits ($M) | $440 | $438 | $421 | $416 | $429 | $422 | $424 | $428 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 25% |
| Consumer | 21% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 14% |