Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.10% | +0.14 | 1.96% |
| Return on Equity (%) | ▲ | 23.07% | +0.79 | 22.28% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.10 | 4.32% |
| Efficiency Ratio (%) | ▲ | 51.96% | -3.43 | 55.39% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $2 |
| Cost of Funds (%) | ▲ | 1.62% | -0.33 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $357 | +26.09 | $331 |
| Gross Loans ($M) | ▲ | $280 | +4.09 | $276 |
| Loan Growth YoY (%) | ▼ | 88.89% | -7.93 | 96.82% |
| Total Deposits ($M) | ▲ | $310 | +29.39 | $281 |
| Shareholders Equity ($M) | ▲ | $32 | +2.61 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +2.61 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 88.89% | -7.93 | 96.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.67% | +0.25 | 1.42% |
| Allowance / Loans (%) | — | 1.34% | 0.07% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 2.05% | +0.34 | 1.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.72% | +0.96 | 11.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇███ | Net Interest Margin (%) | 3.94% | 4.01% | 4.21% | 4.32% | 4.38% | 4.46% | 4.44% | 4.43% |
| ▁▂▄▆▇█▇█ | Return on Assets (%) | 1.57% | 1.65% | 1.82% | 1.96% | 1.99% | 2.04% | 2.02% | 2.10% |
| █▇▅▃▃▃▂▁ | Efficiency Ratio (%) | 62.0% | 60.7% | 57.2% | 55.4% | 55.0% | 54.5% | 53.7% | 52.0% |
| █▆▅▆▅▄▁▂ | Cost of Funds (%) | 2.15% | 1.96% | 1.84% | 1.96% | 1.88% | 1.74% | 1.49% | 1.62% |
| █▄▁▁▅▄▇█ | NPA / Assets (%) | 1.70% | 1.56% | 1.41% | 1.42% | 1.56% | 1.55% | 1.63% | 1.67% |
| ▇▃▁▁▅▃██ | Net Charge-Off Ratio (%) | 2.00% | 1.80% | 1.71% | 1.70% | 1.89% | 1.83% | 2.05% | 2.05% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $28 | $28 | $29 | $30 | $30 | $31 | $32 | $32 |
| ▁▆▇▆▆███ | Gross Loans ($M) | $262 | $274 | $277 | $276 | $274 | $280 | $280 | $280 |
| ▁▁▄▄▄▄▇█ | Total Deposits ($M) | $261 | $261 | $281 | $281 | $284 | $282 | $304 | $310 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |