Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.14% | -0.38 | 1.52% |
| Return on Equity (%) | ▼ | 10.56% | -3.10 | 13.66% |
| Net Interest Margin (%) | ▼ | 6.71% | -0.08 | 6.79% |
| Efficiency Ratio (%) | ▼ | 68.20% | +1.52 | 66.69% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.92 | $5 |
| Cost of Funds (%) | ▲ | 2.27% | -0.14 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $980 | +91.25 | $889 |
| Gross Loans ($M) | ▲ | $811 | +76.91 | $734 |
| Loan Growth YoY (%) | ▼ | 97.82% | -0.36 | 98.18% |
| Total Deposits ($M) | ▲ | $814 | +76.92 | $737 |
| Shareholders Equity ($M) | ▼ | $107 | -0.50 | $108 |
| Tang. Book Value ($M) | ▼ | $94 | -0.50 | $94 |
| Loan / Deposit Ratio (%) | ▼ | 97.82% | -0.36 | 98.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +0.96 | 0.56% |
| Allowance / Loans (%) | — | 1.84% | 0.39% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 1.32% | +0.64 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.85% | -0.48 | 10.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▆██▃▅ | Net Interest Margin (%) | 6.25% | 6.51% | 6.55% | 6.79% | 7.07% | 7.06% | 6.52% | 6.71% |
| ▇▇███▇▁▂ | Return on Assets (%) | 1.45% | 1.42% | 1.53% | 1.52% | 1.51% | 1.44% | 1.06% | 1.14% |
| ▁▁▁▄▂▂█▆ | Efficiency Ratio (%) | 64.2% | 64.9% | 64.6% | 66.7% | 65.6% | 65.6% | 70.4% | 68.2% |
| █▅▃▃▄▃▁▁ | Cost of Funds (%) | 2.75% | 2.51% | 2.41% | 2.41% | 2.47% | 2.41% | 2.30% | 2.27% |
| ▁▁▁▁▂██▇ | NPA / Assets (%) | 0.53% | 0.61% | 0.51% | 0.56% | 0.74% | 1.70% | 1.60% | 1.52% |
| ▁▁▁▁▂█▅▅ | Net Charge-Off Ratio (%) | 0.64% | 0.73% | 0.59% | 0.68% | 0.86% | 2.02% | 1.38% | 1.32% |
| ▁▃▄▆▇▇█▅ | Tang. Book Value ($M) | $82 | $88 | $91 | $94 | $97 | $99 | $101 | $94 |
| ▁▂▄▄▆▆██ | Gross Loans ($M) | $661 | $698 | $719 | $734 | $765 | $772 | $797 | $811 |
| ▁▂▃▅▆▆▇█ | Total Deposits ($M) | $653 | $692 | $699 | $737 | $759 | $768 | $791 | $814 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 17% |