Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.08 | 1.63% |
| Return on Equity (%) | ▼ | 14.06% | -0.40 | 14.46% |
| Net Interest Margin (%) | ▲ | 4.90% | +0.22 | 4.69% |
| Efficiency Ratio (%) | ▲ | 55.03% | -0.99 | 56.02% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.26 | $3 |
| Cost of Funds (%) | ▲ | 0.70% | -0.05 | 0.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $625 | +15.85 | $609 |
| Gross Loans ($M) | ▲ | $432 | +25.75 | $406 |
| Loan Growth YoY (%) | ▲ | 77.61% | +3.08 | 74.53% |
| Total Deposits ($M) | ▲ | $544 | +10.69 | $533 |
| Shareholders Equity ($M) | ▲ | $77 | +6.80 | $71 |
| Tang. Book Value ($M) | ▲ | $77 | +6.80 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +5.94 | $77 |
| Loan / Deposit Ratio (%) | ▲ | 77.61% | +3.08 | 74.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.07 | 0.20% |
| Allowance / Loans (%) | — | 2.18% | 0.12% | 2.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.09 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▂▅▅▆█ | Net Interest Margin (%) | 4.69% | 4.71% | 4.63% | 4.69% | 4.77% | 4.78% | 4.82% | 4.90% |
| ██▃▂▃▁▇▅ | Return on Assets (%) | 1.77% | 1.76% | 1.66% | 1.63% | 1.66% | 1.61% | 1.74% | 1.71% |
| ▁▁▆█▇▆▁▅ | Efficiency Ratio (%) | 53.5% | 53.7% | 55.2% | 56.0% | 55.5% | 55.4% | 53.7% | 55.0% |
| ▅▅█▅█▇▂▁ | Cost of Funds (%) | 0.75% | 0.75% | 0.78% | 0.75% | 0.79% | 0.78% | 0.72% | 0.70% |
| ▃▁▁▄▃▅▇█ | NPA / Assets (%) | 0.19% | 0.16% | 0.16% | 0.20% | 0.19% | 0.21% | 0.25% | 0.27% |
| ▃▁▁▄▂▅██ | Net Charge-Off Ratio (%) | 0.28% | 0.23% | 0.23% | 0.29% | 0.26% | 0.31% | 0.36% | 0.38% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $67 | $66 | $69 | $71 | $73 | $74 | $76 | $77 |
| ▁▁▃▄▆▆▆█ | Gross Loans ($M) | $385 | $386 | $397 | $406 | $415 | $415 | $420 | $432 |
| ▁▅▅▅▄█▇█ | Total Deposits ($M) | $517 | $531 | $532 | $533 | $528 | $545 | $541 | $544 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 7% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 1% |