Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.16 | 0.85% |
| Return on Equity (%) | ▲ | 8.39% | +0.23 | 8.16% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.76 | 3.24% |
| Efficiency Ratio (%) | ▲ | 69.81% | -0.31 | 70.12% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.98% | -0.40 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $414 | -15.28 | $429 |
| Gross Loans ($M) | ▼ | $297 | -1.74 | $299 |
| Loan Growth YoY (%) | ▲ | 82.07% | +3.24 | 78.82% |
| Total Deposits ($M) | ▼ | $357 | -17.06 | $374 |
| Shareholders Equity ($M) | ▲ | $51 | +2.60 | $48 |
| Tang. Book Value ($M) | ▲ | $51 | +2.60 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +2.71 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 82.07% | +3.24 | 78.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.38% | +0.09 | 1.29% |
| Allowance / Loans (%) | — | 1.28% | 0.05% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -1.77 | 1.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.72% | +0.26 | 17.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▃▄▅██ | Net Interest Margin (%) | 3.39% | 3.25% | 2.96% | 3.24% | 3.45% | 3.54% | 3.91% | 4.00% |
| ▆▇▁▂▄▃▇█ | Return on Assets (%) | 0.93% | 0.97% | 0.79% | 0.85% | 0.88% | 0.87% | 0.96% | 1.01% |
| ▁▄██▇███ | Efficiency Ratio (%) | 61.7% | 65.9% | 69.7% | 70.1% | 68.9% | 69.9% | 70.3% | 69.8% |
| ▇█▅▃▃▂▁▁ | Cost of Funds (%) | 2.86% | 3.03% | 2.61% | 2.37% | 2.30% | 2.16% | 1.99% | 1.98% |
| ▆▁▃▁▃▂█▁ | NPA / Assets (%) | 1.80% | 1.30% | 1.48% | 1.29% | 1.57% | 1.42% | 2.05% | 1.38% |
| █▇█▆▁▁▄▁ | Net Charge-Off Ratio (%) | 2.46% | 1.90% | 2.35% | 1.85% | 0.35% | 0.19% | 1.11% | 0.08% |
| ▁▁▃▄▅▇██ | Tang. Book Value ($M) | $46 | $46 | $48 | $48 | $49 | $50 | $50 | $51 |
| █▂▂▄▃▄▁▃ | Gross Loans ($M) | $312 | $294 | $294 | $299 | $298 | $300 | $290 | $297 |
| ▄██▃▁▂▂▁ | Total Deposits ($M) | $385 | $411 | $413 | $374 | $360 | $369 | $367 | $357 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 21% |