Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.86% | -0.44 | 1.30% |
| Return on Equity (%) | ▼ | 9.45% | -3.82 | 13.27% |
| Net Interest Margin (%) | ▼ | 3.56% | -0.08 | 3.64% |
| Efficiency Ratio (%) | ▼ | 64.17% | +6.57 | 57.61% |
| Pre-Provision Profit ($M) | ▼ | $3 | -2.20 | $5 |
| Cost of Funds (%) | ▲ | 2.24% | -0.20 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $913 | +22.23 | $891 |
| Gross Loans ($M) | ▲ | $612 | +11.05 | $601 |
| Loan Growth YoY (%) | ▼ | 73.71% | -0.37 | 74.08% |
| Total Deposits ($M) | ▲ | $819 | +19.24 | $800 |
| Shareholders Equity ($M) | ▲ | $84 | +3.15 | $81 |
| Tang. Book Value ($M) | ▲ | $84 | +3.15 | $80 |
| TBV excl. AOCI ($M)** | ▲ | $90 | +4.40 | $86 |
| Loan / Deposit Ratio (%) | ▼ | 73.71% | -0.37 | 74.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.60% | -0.83 | 1.43% |
| Allowance / Loans (%) | — | 1.27% | -0.06% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.86% | -0.87 | 1.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.22% | +0.10 | 13.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅█▆▆▆▁▃ | Net Interest Margin (%) | 3.52% | 3.63% | 3.72% | 3.64% | 3.64% | 3.66% | 3.49% | 3.56% |
| ▁▁▆█▇█▇▅ | Return on Assets (%) | 0.28% | 0.18% | 0.92% | 1.30% | 1.17% | 1.35% | 1.21% | 0.86% |
| ███▁▂▂▅▅ | Efficiency Ratio (%) | 67.7% | 68.4% | 68.1% | 57.6% | 60.0% | 60.2% | 64.1% | 64.2% |
| ▇▅▁███▃▂ | Cost of Funds (%) | 2.43% | 2.35% | 2.18% | 2.44% | 2.47% | 2.47% | 2.25% | 2.24% |
| █▇▆▄▃▁▂▁ | NPA / Assets (%) | 2.42% | 1.99% | 1.82% | 1.43% | 1.15% | 0.80% | 0.91% | 0.60% |
| █▆▅▄▃▂▃▁ | Net Charge-Off Ratio (%) | 2.96% | 2.36% | 2.08% | 1.73% | 1.48% | 1.22% | 1.39% | 0.86% |
| ▃▁▂▂▄█▇█ | Tang. Book Value ($M) | $81 | $80 | $80 | $80 | $81 | $84 | $83 | $84 |
| ▅▆▁▂▁▇█▆ | Gross Loans ($M) | $607 | $612 | $595 | $601 | $598 | $613 | $618 | $612 |
| ▁▁▄▆███▇ | Total Deposits ($M) | $687 | $672 | $738 | $800 | $844 | $843 | $847 | $819 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 25% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 30% |