Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.44% | +0.20 | 2.24% |
| Return on Equity (%) | ▲ | 15.97% | +0.42 | 15.55% |
| Net Interest Margin (%) | ▲ | 6.06% | +0.13 | 5.93% |
| Efficiency Ratio (%) | ▲ | 44.99% | -4.31 | 49.30% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.30 | $2 |
| Cost of Funds (%) | ▲ | 0.65% | -0.03 | 0.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $269 | +14.78 | $255 |
| Gross Loans ($M) | ▲ | $233 | +38.00 | $195 |
| Loan Growth YoY (%) | ▲ | 102.47% | +13.48 | 88.99% |
| Total Deposits ($M) | ▲ | $224 | +8.42 | $216 |
| Shareholders Equity ($M) | ▲ | $43 | +6.18 | $37 |
| Tang. Book Value ($M) | ▲ | $43 | +6.18 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 102.47% | +13.48 | 88.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -1.96 | 2.08% |
| Allowance / Loans (%) | — | 1.39% | -0.12% | 1.51% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -2.58 | 2.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.97% | +0.57 | 19.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▆██ | Net Interest Margin (%) | 5.64% | 5.74% | 5.87% | 5.93% | 5.95% | 5.95% | 6.01% | 6.06% |
| ▁▁▃▄▅▆█▇ | Return on Assets (%) | 2.00% | 1.99% | 2.14% | 2.24% | 2.28% | 2.35% | 2.51% | 2.44% |
| ███▆▆▄▁▂ | Efficiency Ratio (%) | 51.1% | 50.4% | 50.4% | 49.3% | 48.5% | 47.5% | 43.9% | 45.0% |
| ▁▁▆██▅▅▇ | Cost of Funds (%) | 0.51% | 0.53% | 0.62% | 0.68% | 0.68% | 0.60% | 0.60% | 0.65% |
| ▅▇██▂▂▁▁ | NPA / Assets (%) | 1.13% | 1.68% | 1.91% | 2.08% | 0.56% | 0.41% | 0.13% | 0.12% |
| ▅▆██▂▂▁▁ | Net Charge-Off Ratio (%) | 1.52% | 2.05% | 2.40% | 2.72% | 0.74% | 0.55% | 0.16% | 0.14% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $33 | $34 | $36 | $37 | $39 | $40 | $42 | $43 |
| ▁▃▄▃▄▄▇█ | Gross Loans ($M) | $175 | $191 | $199 | $195 | $198 | $204 | $220 | $233 |
| ▁▁▄▄▆█▆▆ | Total Deposits ($M) | $200 | $198 | $213 | $216 | $223 | $236 | $226 | $224 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 5% |