Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.06% | +0.33 | 1.73% |
| Return on Equity (%) | ▲ | 23.29% | +3.93 | 19.36% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.10 | 4.13% |
| Efficiency Ratio (%) | ▼ | 52.30% | +1.32 | 50.98% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.55 | $4 |
| Cost of Funds (%) | ▼ | 1.70% | +0.10 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $662 | +91.05 | $571 |
| Gross Loans ($M) | ▲ | $450 | +83.20 | $367 |
| Loan Growth YoY (%) | ▲ | 77.82% | +5.55 | 72.27% |
| Total Deposits ($M) | ▲ | $569 | +70.92 | $498 |
| Shareholders Equity ($M) | ▲ | $57 | +4.99 | $52 |
| Tang. Book Value ($M) | ▲ | $57 | +4.99 | $52 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +5.70 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 77.82% | +5.55 | 72.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -2.03 | 2.27% |
| Allowance / Loans (%) | — | 1.63% | -0.28% | 1.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.35% | -2.46 | 2.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆█▁▃▅▆▄▆ | Net Interest Margin (%) | 4.21% | 4.29% | 4.07% | 4.13% | 4.19% | 4.21% | 4.15% | 4.23% |
| ▅▅▁▅▅▅█▇ | Return on Assets (%) | 1.56% | 1.69% | 0.78% | 1.73% | 1.58% | 1.63% | 2.31% | 2.06% |
| █▇▆▃▂▂▁▄ | Efficiency Ratio (%) | 57.4% | 55.7% | 54.3% | 51.0% | 50.0% | 50.2% | 48.4% | 52.3% |
| █▆▁▄██▇█ | Cost of Funds (%) | 1.68% | 1.65% | 1.54% | 1.60% | 1.69% | 1.70% | 1.68% | 1.70% |
| ███▇▇▅▁▁ | NPA / Assets (%) | 2.63% | 2.44% | 2.42% | 2.27% | 2.09% | 1.56% | 0.26% | 0.24% |
| ███▇▇▆▁▁ | Net Charge-Off Ratio (%) | 3.20% | 2.90% | 3.04% | 2.80% | 2.49% | 2.32% | 0.39% | 0.35% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $50 | $48 | $49 | $52 | $54 | $56 | $57 | $57 |
| ▁▁▂▂▅▇▇█ | Gross Loans ($M) | $341 | $351 | $360 | $367 | $402 | $424 | $423 | $450 |
| ▁▁▃▃▆▇▇█ | Total Deposits ($M) | $465 | $474 | $491 | $498 | $531 | $546 | $545 | $569 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 19% |
| Consumer | 11% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 15% |