Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.26 | 1.03% |
| Return on Equity (%) | ▲ | 11.97% | +1.79 | 10.18% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.10 | 3.62% |
| Efficiency Ratio (%) | ▼ | 53.61% | +1.21 | 52.40% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 2.27% | -0.17 | 2.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $278 | +4.23 | $274 |
| Gross Loans ($M) | ▲ | $211 | +9.73 | $201 |
| Loan Growth YoY (%) | ▲ | 108.14% | +4.66 | 103.48% |
| Total Deposits ($M) | ▲ | $192 | +0.38 | $192 |
| Shareholders Equity ($M) | ▲ | $31 | +2.26 | $28 |
| Tang. Book Value ($M) | ▲ | $28 | +2.29 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.41 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 108.14% | +4.66 | 103.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.18% | +0.42 | 1.77% |
| Allowance / Loans (%) | — | 1.30% | 0.12% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 2.59% | +0.65 | 1.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇▇▇██ | Net Interest Margin (%) | 2.97% | 3.01% | 3.39% | 3.62% | 3.62% | 3.61% | 3.66% | 3.72% |
| ▁▁▄▅▅▅██ | Return on Assets (%) | 0.80% | 0.76% | 1.02% | 1.03% | 1.05% | 1.07% | 1.27% | 1.29% |
| ██▁▁▂▂▁▁ | Efficiency Ratio (%) | 64.6% | 64.9% | 53.9% | 52.4% | 54.7% | 55.3% | 53.7% | 53.6% |
| ██▇▄▅▁▁▂ | Cost of Funds (%) | 2.80% | 2.72% | 2.64% | 2.44% | 2.49% | 2.15% | 2.18% | 2.27% |
| ▃▁▁▆▅▆▆█ | NPA / Assets (%) | 1.31% | 1.11% | 0.98% | 1.77% | 1.72% | 1.85% | 1.87% | 2.18% |
| ▄▃▁▅▆▇▇█ | Net Charge-Off Ratio (%) | 1.66% | 1.46% | 0.90% | 1.95% | 2.03% | 2.35% | 2.18% | 2.59% |
| ▁▁▁▂▅▇██ | Tang. Book Value ($M) | $25 | $25 | $26 | $26 | $27 | $28 | $29 | $28 |
| ▂▃▃▁▃▆██ | Gross Loans ($M) | $203 | $204 | $204 | $201 | $204 | $209 | $212 | $211 |
| ▁▅▇▃▃█▅▃ | Total Deposits ($M) | $188 | $196 | $200 | $192 | $193 | $203 | $196 | $192 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 15% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 9% |