Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.80% | +0.19 | 0.62% |
| Return on Equity (%) | ▲ | 7.97% | +1.43 | 6.54% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.51 | 2.80% |
| Efficiency Ratio (%) | ▲ | 74.62% | -0.54 | 75.16% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.16 | $2 |
| Cost of Funds (%) | ▲ | 1.97% | -0.27 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $618 | -27.37 | $645 |
| Gross Loans ($M) | ▼ | $531 | -26.13 | $558 |
| Loan Growth YoY (%) | ▼ | 102.86% | -0.23 | 103.08% |
| Total Deposits ($M) | ▼ | $512 | -24.20 | $536 |
| Shareholders Equity ($M) | ▲ | $63 | +1.64 | $61 |
| Tang. Book Value ($M) | ▲ | $62 | +1.69 | $60 |
| Loan / Deposit Ratio (%) | ▼ | 102.86% | -0.23 | 103.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.78% | -0.19 | 0.97% |
| Allowance / Loans (%) | — | 0.97% | 0.04% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.91% | -0.21 | 1.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.07% | +0.72 | 14.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▄▅▅██ | Net Interest Margin (%) | 2.38% | 2.45% | 2.85% | 2.80% | 2.85% | 2.90% | 3.30% | 3.31% |
| ▁▁▃▅▅▅██ | Return on Assets (%) | 0.23% | 0.27% | 0.47% | 0.62% | 0.59% | 0.59% | 0.86% | 0.80% |
| █▇▄▁▁▁▁▁ | Efficiency Ratio (%) | 88.5% | 86.5% | 80.3% | 75.2% | 76.2% | 76.3% | 75.9% | 74.6% |
| █▆▄▄▄▄▁▁ | Cost of Funds (%) | 2.65% | 2.47% | 2.30% | 2.24% | 2.27% | 2.24% | 1.97% | 1.97% |
| ▃▄▄██▇▁▂ | NPA / Assets (%) | 0.83% | 0.85% | 0.85% | 0.97% | 0.96% | 0.94% | 0.75% | 0.78% |
| ▂▃▂█▇▆▁▁ | Net Charge-Off Ratio (%) | 0.93% | 0.96% | 0.95% | 1.12% | 1.07% | 1.05% | 0.90% | 0.91% |
| ▁▂▂▄▆███ | Tang. Book Value ($M) | $58 | $59 | $59 | $60 | $61 | $62 | $63 | $62 |
| ███▆▇▅▂▁ | Gross Loans ($M) | $565 | $564 | $567 | $558 | $558 | $550 | $539 | $531 |
| ▃▄▁█▃▂█▃ | Total Deposits ($M) | $514 | $517 | $502 | $536 | $512 | $507 | $533 | $512 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |