Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.15 | 1.14% |
| Return on Equity (%) | ▲ | 11.80% | +0.54 | 11.26% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.28 | 3.39% |
| Efficiency Ratio (%) | ▲ | 56.73% | -2.17 | 58.90% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.21 | $2 |
| Cost of Funds (%) | ▲ | 1.58% | -0.42 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $486 | +13.47 | $473 |
| Gross Loans ($M) | ▼ | $381 | -2.12 | $383 |
| Loan Growth YoY (%) | ▼ | 89.32% | -2.60 | 91.92% |
| Total Deposits ($M) | ▲ | $420 | +9.25 | $410 |
| Shareholders Equity ($M) | ▲ | $53 | +3.87 | $49 |
| Tang. Book Value ($M) | ▲ | $53 | +3.87 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +3.88 | $52 |
| Loan / Deposit Ratio (%) | ▼ | 89.32% | -2.60 | 91.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.30 | 0.33% |
| Allowance / Loans (%) | — | 1.65% | 0.09% | 1.56% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.36 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.32% | +0.57 | 14.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▇██ | Net Interest Margin (%) | 2.94% | 3.03% | 3.36% | 3.39% | 3.45% | 3.52% | 3.69% | 3.68% |
| ▂▁▃▅▆▄██ | Return on Assets (%) | 1.04% | 0.98% | 1.07% | 1.14% | 1.17% | 1.11% | 1.26% | 1.28% |
| ▄█▆▄▃▇▁▁ | Efficiency Ratio (%) | 59.1% | 61.9% | 60.2% | 58.9% | 58.0% | 61.0% | 57.2% | 56.7% |
| ██▇▅▄▅▂▁ | Cost of Funds (%) | 2.28% | 2.23% | 2.13% | 2.00% | 1.93% | 1.99% | 1.69% | 1.58% |
| ▁████▄▁▁ | NPA / Assets (%) | 0.00% | 0.33% | 0.33% | 0.33% | 0.32% | 0.14% | 0.00% | 0.03% |
| ▁████▄▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.40% | 0.41% | 0.40% | 0.42% | 0.18% | 0.00% | 0.04% |
| ▃▁▁▄▄▆▆█ | Tang. Book Value ($M) | $48 | $46 | $47 | $49 | $49 | $51 | $51 | $53 |
| █▇▅▇▄▂▁▆ | Gross Loans ($M) | $390 | $386 | $377 | $383 | $374 | $369 | $363 | $381 |
| █▄▃▅█▄▁█ | Total Deposits ($M) | $419 | $408 | $404 | $410 | $419 | $407 | $398 | $420 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 21% |