Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.08 | 0.80% |
| Return on Equity (%) | ▲ | 8.36% | +0.93 | 7.43% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.16 | 3.55% |
| Efficiency Ratio (%) | ▲ | 70.07% | -2.46 | 72.53% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.46 | $3 |
| Cost of Funds (%) | ▲ | 1.94% | -0.38 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,010 | +93.16 | $917 |
| Gross Loans ($M) | ▲ | $888 | +68.65 | $819 |
| Loan Growth YoY (%) | ▼ | 98.83% | -7.46 | 106.29% |
| Total Deposits ($M) | ▲ | $890 | +126.99 | $763 |
| Shareholders Equity ($M) | ▲ | $106 | +6.84 | $99 |
| Tang. Book Value ($M) | ▲ | $105 | +6.68 | $98 |
| Loan / Deposit Ratio (%) | ▼ | 98.83% | -7.46 | 106.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.32 | 0.00% |
| Allowance / Loans (%) | — | 0.90% | -0.07% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.37 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.23% | -0.19 | 12.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▇▇██ | Net Interest Margin (%) | 3.24% | 3.34% | 3.44% | 3.55% | 3.62% | 3.62% | 3.67% | 3.71% |
| ▁▃▄▆▆▇▇█ | Return on Assets (%) | 0.60% | 0.67% | 0.72% | 0.80% | 0.79% | 0.82% | 0.83% | 0.88% |
| █▆▅▃▃▂▂▁ | Efficiency Ratio (%) | 78.3% | 75.8% | 74.4% | 72.5% | 73.0% | 72.1% | 71.4% | 70.1% |
| █▄▄▄▅▂▁▁ | Cost of Funds (%) | 2.70% | 2.25% | 2.29% | 2.32% | 2.41% | 2.13% | 2.03% | 1.94% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.03% | 0.00% | 0.01% | 0.01% | 0.00% | 0.33% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.03% | 0.00% | 0.01% | 0.01% | 0.00% | 0.37% |
| ▁▁▂▃▅▅▇█ | Tang. Book Value ($M) | $95 | $94 | $96 | $98 | $100 | $100 | $103 | $105 |
| ▁▃▃▄▄▆▇█ | Gross Loans ($M) | $766 | $806 | $799 | $819 | $812 | $848 | $865 | $888 |
| ▁▄▂▂▃▇▆█ | Total Deposits ($M) | $737 | $796 | $773 | $763 | $788 | $870 | $837 | $890 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 19% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 7% |