Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.14 | 1.40% |
| Return on Equity (%) | ▼ | 17.73% | -1.08 | 18.81% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.23 | 3.20% |
| Efficiency Ratio (%) | ▲ | 56.50% | -1.40 | 57.90% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.13 | $2 |
| Cost of Funds (%) | ▲ | 1.76% | -0.31 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $598 | +31.16 | $567 |
| Gross Loans ($M) | ▲ | $365 | +9.39 | $356 |
| Loan Growth YoY (%) | ▼ | 68.55% | -0.18 | 68.72% |
| Total Deposits ($M) | ▲ | $524 | +14.93 | $509 |
| Shareholders Equity ($M) | ▲ | $53 | +7.59 | $45 |
| Tang. Book Value ($M) | ▲ | $53 | +7.59 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +8.72 | $53 |
| Loan / Deposit Ratio (%) | ▼ | 68.55% | -0.18 | 68.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.98% | -0.26 | 1.24% |
| Allowance / Loans (%) | — | 1.56% | -0.03% | 1.58% |
| Net Charge-Off Ratio (%) | ▲ | 1.49% | -0.24 | 1.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.36% | +0.77 | 16.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▆▇██ | Net Interest Margin (%) | 2.63% | 2.74% | 3.14% | 3.20% | 3.22% | 3.26% | 3.43% | 3.43% |
| ▁▁▆▆▇▇██ | Return on Assets (%) | 0.89% | 0.95% | 1.36% | 1.40% | 1.43% | 1.45% | 1.58% | 1.54% |
| ██▂▂▂▂▁▁ | Efficiency Ratio (%) | 66.3% | 65.7% | 57.0% | 57.9% | 57.4% | 57.5% | 55.2% | 56.5% |
| █▆▄▄▃▂▁▁ | Cost of Funds (%) | 2.46% | 2.22% | 2.09% | 2.07% | 2.02% | 1.89% | 1.76% | 1.76% |
| ██▇▇▅▄▁▁ | NPA / Assets (%) | 1.29% | 1.29% | 1.23% | 1.24% | 1.14% | 1.11% | 1.01% | 0.98% |
| ▅▆▇█▄▅▂▁ | Net Charge-Off Ratio (%) | 1.63% | 1.64% | 1.67% | 1.73% | 1.61% | 1.63% | 1.52% | 1.49% |
| ▄▁▃▄▇▇██ | Tang. Book Value ($M) | $44 | $39 | $44 | $45 | $51 | $51 | $52 | $53 |
| ██▅▁▄▆▁▅ | Gross Loans ($M) | $373 | $374 | $366 | $356 | $364 | $367 | $356 | $365 |
| ▁▃█▁▂▆█▅ | Total Deposits ($M) | $507 | $517 | $535 | $509 | $511 | $525 | $535 | $524 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |