Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.13 | 0.73% |
| Return on Equity (%) | ▲ | 8.13% | +1.35 | 6.78% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.10 | 3.60% |
| Efficiency Ratio (%) | ▲ | 71.93% | -3.19 | 75.12% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.24 | $3 |
| Cost of Funds (%) | ▲ | 1.90% | -0.17 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,066 | +7.49 | $1,058 |
| Gross Loans ($M) | ▼ | $894 | -12.75 | $906 |
| Loan Growth YoY (%) | ▼ | 94.46% | -4.30 | 98.76% |
| Total Deposits ($M) | ▲ | $937 | +28.03 | $909 |
| Shareholders Equity ($M) | ▲ | $117 | +5.86 | $111 |
| Tang. Book Value ($M) | ▲ | $112 | +6.22 | $106 |
| Loan / Deposit Ratio (%) | ▼ | 94.46% | -4.30 | 98.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.41 | 0.35% |
| Allowance / Loans (%) | — | 0.94% | 0.00% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.53 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▇▇▇▆█ | Net Interest Margin (%) | 3.10% | 3.20% | 3.39% | 3.60% | 3.62% | 3.58% | 3.55% | 3.70% |
| ▁▂▃▆▆▇▅█ | Return on Assets (%) | 0.45% | 0.55% | 0.57% | 0.73% | 0.74% | 0.79% | 0.68% | 0.87% |
| █▆█▃▃▁▃▁ | Efficiency Ratio (%) | 82.5% | 79.8% | 81.3% | 75.1% | 74.6% | 72.8% | 74.9% | 71.9% |
| ▇█▂▃▃▂▁▁ | Cost of Funds (%) | 2.47% | 2.56% | 2.04% | 2.08% | 2.09% | 1.99% | 1.88% | 1.90% |
| ▇▇█▁▁▄▅▇ | NPA / Assets (%) | 0.78% | 0.75% | 0.90% | 0.35% | 0.29% | 0.56% | 0.67% | 0.76% |
| ▇▆█▁▁▄▆▇ | Net Charge-Off Ratio (%) | 0.94% | 0.83% | 1.08% | 0.37% | 0.30% | 0.64% | 0.80% | 0.90% |
| ▃▅▂▁▄▇▇█ | Tang. Book Value ($M) | $108 | $109 | $107 | $106 | $108 | $111 | $111 | $112 |
| ▄▃▁▅▆▅█▂ | Gross Loans ($M) | $902 | $901 | $888 | $906 | $910 | $906 | $922 | $894 |
| ▆▁▅▅▅▇█▆ | Total Deposits ($M) | $935 | $842 | $919 | $909 | $908 | $954 | $975 | $937 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 2% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 11% |