Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.35% | -0.37 | 2.73% |
| Return on Equity (%) | ▼ | 17.49% | -3.40 | 20.89% |
| Net Interest Margin (%) | ▼ | 4.72% | -0.57 | 5.29% |
| Efficiency Ratio (%) | ▼ | 38.12% | +1.58 | 36.54% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.99 | $6 |
| Cost of Funds (%) | ▲ | 1.83% | -0.08 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $629 | +33.45 | $595 |
| Gross Loans ($M) | ▲ | $489 | +35.16 | $454 |
| Loan Growth YoY (%) | ▲ | 89.98% | +1.76 | 88.22% |
| Total Deposits ($M) | ▲ | $538 | +29.35 | $508 |
| Shareholders Equity ($M) | ▲ | $86 | +4.63 | $81 |
| Tang. Book Value ($M) | ▲ | $86 | +4.63 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $90 | +6.11 | $84 |
| Loan / Deposit Ratio (%) | ▲ | 89.98% | +1.76 | 88.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.60% | +0.66 | 0.95% |
| Allowance / Loans (%) | — | 1.12% | -0.13% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 1.96% | +0.72 | 1.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.94% | -0.53 | 19.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃█▇▇▆▁▂ | Net Interest Margin (%) | 4.88% | 4.86% | 5.42% | 5.29% | 5.25% | 5.18% | 4.54% | 4.72% |
| ▁▁▄██▆▁▂ | Return on Assets (%) | 2.28% | 2.24% | 2.48% | 2.73% | 2.68% | 2.58% | 2.28% | 2.35% |
| ▇██▂▁▁▆▅ | Efficiency Ratio (%) | 39.5% | 40.1% | 39.7% | 36.5% | 36.0% | 35.5% | 38.4% | 38.1% |
| ▇█▅▅▃▃▁▂ | Cost of Funds (%) | 1.97% | 2.01% | 1.92% | 1.90% | 1.86% | 1.86% | 1.77% | 1.83% |
| ██▁▁▁▅▅▅ | NPA / Assets (%) | 2.29% | 2.25% | 1.05% | 0.95% | 0.89% | 1.59% | 1.61% | 1.60% |
| ██▁▁▁▄▅▄ | Net Charge-Off Ratio (%) | 3.03% | 2.90% | 1.32% | 1.24% | 1.20% | 2.11% | 2.12% | 1.96% |
| ▁▂▄▆▅▇██ | Tang. Book Value ($M) | $70 | $73 | $77 | $81 | $80 | $83 | $86 | $86 |
| ▁▂▂▄▄▆▇█ | Gross Loans ($M) | $422 | $435 | $436 | $454 | $455 | $468 | $474 | $489 |
| ▁▃▄▄▆██▇ | Total Deposits ($M) | $484 | $505 | $513 | $508 | $528 | $542 | $548 | $538 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 15% |