Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.04% | +0.09 | 1.95% |
| Return on Equity (%) | ▼ | 19.34% | -1.30 | 20.64% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.11 | 4.18% |
| Efficiency Ratio (%) | ▲ | 52.38% | -1.03 | 53.41% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.09 | $2 |
| Cost of Funds (%) | ▲ | 1.05% | -0.11 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $463 | -15.39 | $478 |
| Gross Loans ($M) | ▲ | $315 | +2.00 | $313 |
| Loan Growth YoY (%) | ▲ | 77.58% | +4.00 | 73.57% |
| Total Deposits ($M) | ▼ | $400 | -19.06 | $419 |
| Shareholders Equity ($M) | ▲ | $51 | +3.75 | $47 |
| Tang. Book Value ($M) | ▲ | $51 | +3.75 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +3.81 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 77.58% | +4.00 | 73.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.01 | 0.07% |
| Allowance / Loans (%) | — | 1.51% | -0.00% | 1.51% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.01 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.86% | +0.24 | 14.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇█▇█ | Net Interest Margin (%) | 3.93% | 3.98% | 4.14% | 4.18% | 4.24% | 4.27% | 4.22% | 4.29% |
| ▃▁█▅▆▅█▇ | Return on Assets (%) | 1.83% | 1.69% | 2.10% | 1.95% | 2.02% | 1.94% | 2.13% | 2.04% |
| ▅█▂▆▄▆▁▄ | Efficiency Ratio (%) | 53.3% | 56.3% | 49.7% | 53.4% | 51.7% | 54.1% | 48.6% | 52.4% |
| █▇▄▄▄▃▁▁ | Cost of Funds (%) | 1.32% | 1.25% | 1.17% | 1.16% | 1.15% | 1.12% | 1.03% | 1.05% |
| ██▄▄▄▄▁▅ | NPA / Assets (%) | 0.11% | 0.11% | 0.07% | 0.07% | 0.07% | 0.07% | 0.04% | 0.09% |
| ██▄▄▄▄▁▆ | Net Charge-Off Ratio (%) | 0.16% | 0.16% | 0.11% | 0.11% | 0.11% | 0.11% | 0.07% | 0.13% |
| ▅▁▃▅█▆▇█ | Tang. Book Value ($M) | $47 | $42 | $45 | $47 | $51 | $48 | $49 | $51 |
| ██▂▂▃▁▁▃ | Gross Loans ($M) | $327 | $326 | $314 | $313 | $316 | $312 | $310 | $315 |
| ▇▆██▆▄▇▁ | Total Deposits ($M) | $414 | $412 | $417 | $419 | $412 | $408 | $414 | $400 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |