Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.10 | 1.25% |
| Return on Equity (%) | ▲ | 11.39% | +0.17 | 11.22% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.06 | 4.26% |
| Efficiency Ratio (%) | ▲ | 60.93% | -0.23 | 61.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.01 | $2 |
| Cost of Funds (%) | ▼ | 1.36% | +0.13 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $490 | +21.89 | $468 |
| Gross Loans ($M) | ▲ | $323 | +3.73 | $320 |
| Loan Growth YoY (%) | ▼ | 74.23% | -6.08 | 80.31% |
| Total Deposits ($M) | ▲ | $429 | +37.48 | $391 |
| Shareholders Equity ($M) | ▲ | $59 | +6.46 | $52 |
| Tang. Book Value ($M) | ▲ | $57 | +6.65 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $60 | +5.89 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 74.23% | -6.08 | 80.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.12 | 0.43% |
| Allowance / Loans (%) | — | 1.60% | -0.11% | 1.71% |
| Net Charge-Off Ratio (%) | ▲ | 0.35% | -0.28 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.97% | +1.05 | 13.92% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆██▇▇ | Net Interest Margin (%) | 3.95% | 3.99% | 4.17% | 4.26% | 4.35% | 4.39% | 4.32% | 4.32% |
| ▁▂▄▅▇██▇ | Return on Assets (%) | 1.00% | 1.09% | 1.17% | 1.25% | 1.34% | 1.40% | 1.37% | 1.35% |
| █▆▄▂▁▁▂▂ | Efficiency Ratio (%) | 68.3% | 65.9% | 62.9% | 61.2% | 60.0% | 58.9% | 60.2% | 60.9% |
| █▅▁▁▅▃▂▄ | Cost of Funds (%) | 1.53% | 1.38% | 1.25% | 1.23% | 1.40% | 1.33% | 1.28% | 1.36% |
| ▆▆█▃▃▄▃▁ | NPA / Assets (%) | 0.55% | 0.54% | 0.65% | 0.43% | 0.41% | 0.44% | 0.42% | 0.31% |
| ▇▇█▄▄▅▄▁ | Net Charge-Off Ratio (%) | 0.89% | 0.86% | 0.98% | 0.63% | 0.60% | 0.66% | 0.65% | 0.35% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $47 | $47 | $49 | $51 | $53 | $55 | $56 | $57 |
| ▁▁▃█▇█▇█ | Gross Loans ($M) | $284 | $284 | $299 | $320 | $317 | $319 | $317 | $323 |
| ▄▂▁▁▂▇██ | Total Deposits ($M) | $409 | $398 | $394 | $391 | $399 | $420 | $425 | $429 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 33% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 2% |