Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.24% | -0.14 | 0.38% |
| Return on Equity (%) | ▼ | 2.64% | -1.74 | 4.38% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.19 | 3.46% |
| Efficiency Ratio (%) | ▼ | 85.37% | +0.87 | 84.51% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.62% | -0.08 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $514 | +36.81 | $478 |
| Gross Loans ($M) | ▲ | $353 | +41.00 | $312 |
| Loan Growth YoY (%) | ▲ | 83.23% | +1.60 | 81.63% |
| Total Deposits ($M) | ▲ | $420 | +41.92 | $378 |
| Shareholders Equity ($M) | ▲ | $45 | +5.81 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +5.84 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +5.63 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 83.23% | +1.60 | 81.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.00 | 0.21% |
| Allowance / Loans (%) | — | 0.92% | -0.10% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.31% | -0.02 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.75% | +0.36 | 11.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▄▅██ | Net Interest Margin (%) | 3.41% | 3.43% | 3.37% | 3.46% | 3.51% | 3.53% | 3.67% | 3.65% |
| ▁▃▆▆███▂ | Return on Assets (%) | 0.19% | 0.26% | 0.36% | 0.38% | 0.42% | 0.44% | 0.42% | 0.24% |
| █▆▃▂▁▁▁▃ | Efficiency Ratio (%) | 92.2% | 89.3% | 85.2% | 84.5% | 82.7% | 82.8% | 83.6% | 85.4% |
| █▇▄▃▄▃▁▂ | Cost of Funds (%) | 2.06% | 1.95% | 1.78% | 1.70% | 1.78% | 1.73% | 1.54% | 1.62% |
| ▄▁▂▃▅▅█▃ | NPA / Assets (%) | 0.23% | 0.16% | 0.19% | 0.21% | 0.24% | 0.25% | 0.31% | 0.21% |
| ▅▁▂▃▅▅█▃ | Net Charge-Off Ratio (%) | 0.37% | 0.24% | 0.29% | 0.33% | 0.36% | 0.38% | 0.47% | 0.31% |
| ▁▁▂▃▃███ | Tang. Book Value ($M) | $37 | $37 | $38 | $38 | $39 | $43 | $44 | $44 |
| ▁▁▃▅▅▅▆█ | Gross Loans ($M) | $268 | $277 | $294 | $312 | $320 | $320 | $331 | $353 |
| ▁▁▅▄▅▇▇█ | Total Deposits ($M) | $342 | $351 | $390 | $378 | $390 | $406 | $410 | $420 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 19% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 12% |