Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.61% | -0.33 | 0.94% |
| Return on Equity (%) | ▼ | 5.19% | -2.86 | 8.05% |
| Net Interest Margin (%) | ▼ | 3.75% | -0.50 | 4.25% |
| Efficiency Ratio (%) | ▼ | 76.41% | +6.24 | 70.17% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.91 | $3 |
| Cost of Funds (%) | ▼ | 1.55% | +0.01 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $937 | +58.86 | $878 |
| Gross Loans ($M) | ▲ | $576 | +10.92 | $565 |
| Loan Growth YoY (%) | ▼ | 70.23% | -3.33 | 73.56% |
| Total Deposits ($M) | ▲ | $810 | +51.00 | $759 |
| Shareholders Equity ($M) | ▲ | $110 | +5.39 | $104 |
| Tang. Book Value ($M) | ▲ | $108 | +5.82 | $103 |
| TBV excl. AOCI ($M)** | ▲ | $113 | +5.59 | $108 |
| Loan / Deposit Ratio (%) | ▼ | 70.23% | -3.33 | 73.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.85% | +0.54 | 1.31% |
| Allowance / Loans (%) | — | 1.27% | 0.04% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 2.30% | +0.84 | 1.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.45% | +0.01 | 16.44% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▄▅▄▄▁▁ | Net Interest Margin (%) | 4.74% | 4.73% | 4.21% | 4.25% | 4.23% | 4.19% | 3.81% | 3.75% |
| ▅█▆▇▄▁▁▁ | Return on Assets (%) | 0.85% | 1.04% | 0.88% | 0.94% | 0.78% | 0.62% | 0.57% | 0.61% |
| ▂▁▆▅▄▂██ | Efficiency Ratio (%) | 62.3% | 60.0% | 72.1% | 70.2% | 67.4% | 63.1% | 78.3% | 76.4% |
| ▇█▁▃▃▄▁▄ | Cost of Funds (%) | 1.63% | 1.66% | 1.49% | 1.54% | 1.53% | 1.56% | 1.48% | 1.55% |
| ▁▃▃▃▆██▆ | NPA / Assets (%) | 0.94% | 1.41% | 1.41% | 1.31% | 1.86% | 2.24% | 2.32% | 1.85% |
| ▁▃▃▁▄▇█▄ | Net Charge-Off Ratio (%) | 1.38% | 2.01% | 2.06% | 1.46% | 2.43% | 3.44% | 3.75% | 2.30% |
| ▁▂▄▅▆▇██ | Tang. Book Value ($M) | $93 | $97 | $100 | $103 | $104 | $105 | $107 | $108 |
| █▆▂▁▁▃▁▂ | Gross Loans ($M) | $610 | $597 | $573 | $565 | $565 | $581 | $567 | $576 |
| ▅▁▄▃▅▃█▇ | Total Deposits ($M) | $781 | $732 | $775 | $759 | $785 | $766 | $824 | $810 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 12% |