Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.00% | +0.51 | 0.49% |
| Return on Equity (%) | ▲ | 14.02% | +6.70 | 7.32% |
| Net Interest Margin (%) | ▲ | 3.18% | +0.35 | 2.83% |
| Efficiency Ratio (%) | ▲ | 62.90% | -7.83 | 70.73% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.67 | $1 |
| Cost of Funds (%) | ▲ | 2.05% | -0.13 | 2.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $563 | +59.86 | $503 |
| Gross Loans ($M) | ▲ | $392 | +23.84 | $368 |
| Loan Growth YoY (%) | ▲ | 94.29% | +6.85 | 87.44% |
| Total Deposits ($M) | ▼ | $411 | -5.30 | $417 |
| Shareholders Equity ($M) | ▲ | $40 | +8.00 | $32 |
| Tang. Book Value ($M) | ▲ | $40 | +8.00 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +9.04 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 94.29% | +6.85 | 87.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.40% | +0.25 | 1.16% |
| Allowance / Loans (%) | — | 0.96% | 0.02% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 2.02% | +0.43 | 1.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.16% | +0.63 | 10.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▄▅▆██ | Net Interest Margin (%) | 2.50% | 2.56% | 2.89% | 2.83% | 2.91% | 2.99% | 3.15% | 3.18% |
| ▁▂▃▂▃▄▇█ | Return on Assets (%) | 0.41% | 0.53% | 0.63% | 0.49% | 0.59% | 0.67% | 0.86% | 1.00% |
| █▇▅▄▃▃▁▁ | Efficiency Ratio (%) | 78.8% | 76.3% | 71.1% | 70.7% | 68.6% | 67.0% | 63.6% | 62.9% |
| █▆▄▃▃▂▂▁ | Cost of Funds (%) | 2.55% | 2.41% | 2.30% | 2.18% | 2.21% | 2.12% | 2.13% | 2.05% |
| ▁▁▁▇▇▇▇█ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 1.16% | 1.09% | 1.14% | 1.21% | 1.40% |
| ▁▁▁▇▇▇██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 1.58% | 1.55% | 1.66% | 1.77% | 2.02% |
| ▁▁▁▁▄▆▇█ | Tang. Book Value ($M) | $32 | $32 | $32 | $32 | $35 | $38 | $39 | $40 |
| ▁▂▁▄▆▅▅█ | Gross Loans ($M) | $351 | $356 | $351 | $368 | $377 | $376 | $376 | $392 |
| ▁▂▂▄███▃ | Total Deposits ($M) | $397 | $404 | $407 | $417 | $440 | $442 | $445 | $411 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 14% |