Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.74% | +0.20 | 0.54% |
| Return on Equity (%) | ▲ | 8.34% | +1.55 | 6.79% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.31 | 3.51% |
| Efficiency Ratio (%) | ▲ | 73.87% | -4.07 | 77.94% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.98% | -0.27 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $419 | +0.05 | $419 |
| Gross Loans ($M) | ▲ | $346 | +6.57 | $339 |
| Loan Growth YoY (%) | ▼ | 95.58% | -0.63 | 96.21% |
| Total Deposits ($M) | ▲ | $357 | +9.13 | $348 |
| Shareholders Equity ($M) | ▲ | $37 | +2.91 | $34 |
| Tang. Book Value ($M) | ▲ | $37 | +2.98 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +2.86 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 95.58% | -0.63 | 96.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.15 | 0.20% |
| Allowance / Loans (%) | — | 1.16% | -0.01% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.27% | +0.24 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.29 | 10.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇▇█ | Net Interest Margin (%) | 2.94% | 3.01% | 3.40% | 3.51% | 3.58% | 3.64% | 3.71% | 3.82% |
| ▁▂▂▅▆▇██ | Return on Assets (%) | 0.33% | 0.42% | 0.43% | 0.54% | 0.61% | 0.65% | 0.72% | 0.74% |
| █▅▆▄▂▂▁▁ | Efficiency Ratio (%) | 84.1% | 80.2% | 81.1% | 77.9% | 76.1% | 75.5% | 74.1% | 73.9% |
| █▇▅▄▃▂▁▁ | Cost of Funds (%) | 2.64% | 2.52% | 2.33% | 2.24% | 2.19% | 2.12% | 2.00% | 1.98% |
| █▃▂▁▆▂▇▅ | NPA / Assets (%) | 0.49% | 0.30% | 0.24% | 0.20% | 0.41% | 0.26% | 0.43% | 0.35% |
| █▂▁▁▇▃█▆ | Net Charge-Off Ratio (%) | 0.32% | 0.10% | 0.03% | 0.03% | 0.28% | 0.14% | 0.35% | 0.27% |
| ▁▁▂▃▆▇██ | Tang. Book Value ($M) | $33 | $33 | $34 | $34 | $36 | $36 | $37 | $37 |
| █▃▂▃▇▁▆▇ | Gross Loans ($M) | $347 | $339 | $338 | $339 | $345 | $336 | $343 | $346 |
| ▅▆▆▄▂▁▄█ | Total Deposits ($M) | $351 | $352 | $352 | $348 | $345 | $342 | $350 | $357 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 23% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 8% |