Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.79% | +0.22 | 1.57% |
| Return on Equity (%) | ▼ | 10.61% | -0.37 | 10.98% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.22 | 4.24% |
| Efficiency Ratio (%) | ▲ | 47.39% | -0.58 | 47.97% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.24 | $3 |
| Cost of Funds (%) | ▲ | 2.24% | -0.42 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $496 | -4.70 | $500 |
| Gross Loans ($M) | ▼ | $410 | -17.45 | $428 |
| Loan Growth YoY (%) | ▼ | 102.37% | -1.06 | 103.43% |
| Total Deposits ($M) | ▼ | $392 | -12.69 | $405 |
| Shareholders Equity ($M) | ▲ | $85 | +8.76 | $76 |
| Tang. Book Value ($M) | ▲ | $85 | +8.77 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 102.37% | -1.06 | 103.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.51% | +0.22 | 2.29% |
| Allowance / Loans (%) | — | 2.18% | 0.05% | 2.13% |
| Net Charge-Off Ratio (%) | ▼ | 2.98% | +0.43 | 2.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.90% | +2.82 | 18.07% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▆▇▇█ | Net Interest Margin (%) | 3.87% | 3.81% | 3.83% | 4.24% | 4.29% | 4.31% | 4.38% | 4.46% |
| ▁▁▂▅▆▇██ | Return on Assets (%) | 1.25% | 1.21% | 1.35% | 1.57% | 1.62% | 1.67% | 1.80% | 1.79% |
| ██▃▂▂▃▁▁ | Efficiency Ratio (%) | 53.7% | 53.6% | 49.0% | 48.0% | 48.2% | 48.8% | 46.8% | 47.4% |
| ▇█▇▆▅▄▁▁ | Cost of Funds (%) | 2.71% | 2.84% | 2.73% | 2.66% | 2.62% | 2.53% | 2.26% | 2.24% |
| ▁██▁▃▃▂▃ | NPA / Assets (%) | 2.20% | 3.32% | 3.34% | 2.29% | 2.58% | 2.57% | 2.43% | 2.51% |
| ▁██▁▄▃▃▄ | Net Charge-Off Ratio (%) | 2.40% | 3.82% | 3.75% | 2.55% | 3.01% | 2.90% | 2.78% | 2.98% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $70 | $72 | $74 | $76 | $78 | $80 | $82 | $85 |
| ██▇▅▁▂▃▁ | Gross Loans ($M) | $448 | $449 | $441 | $428 | $406 | $415 | $419 | $410 |
| ▆█▅▃▂▁▁▁ | Total Deposits ($M) | $424 | $444 | $417 | $405 | $398 | $385 | $385 | $392 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 15% |