Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.82% | +0.20 | 0.62% |
| Return on Equity (%) | ▲ | 8.93% | +1.63 | 7.30% |
| Net Interest Margin (%) | ▲ | 3.02% | +0.37 | 2.64% |
| Efficiency Ratio (%) | ▲ | 65.69% | -3.32 | 69.01% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.15 | $2 |
| Cost of Funds (%) | ▲ | 2.43% | -0.30 | 2.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $812 | +9.09 | $803 |
| Gross Loans ($M) | ▲ | $727 | +11.55 | $715 |
| Loan Growth YoY (%) | ▲ | 105.58% | +2.63 | 102.95% |
| Total Deposits ($M) | ▼ | $681 | -6.28 | $687 |
| Shareholders Equity ($M) | ▲ | $76 | +5.52 | $70 |
| Tang. Book Value ($M) | ▲ | $76 | +5.52 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 105.58% | +2.63 | 102.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.16% | +1.16 | 0.00% |
| Allowance / Loans (%) | — | 1.08% | -0.00% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.30% | +1.30 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.10% | +0.47 | 10.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 2.18% | 2.22% | 2.46% | 2.64% | 2.80% | 2.85% | 2.98% | 3.02% |
| ▁▁▁▄▆▃██ | Return on Assets (%) | 0.47% | 0.46% | 0.50% | 0.62% | 0.69% | 0.57% | 0.79% | 0.82% |
| ███▄▂█▁▁ | Efficiency Ratio (%) | 72.6% | 72.5% | 73.4% | 69.0% | 67.5% | 73.4% | 66.2% | 65.7% |
| ██▇▇▂▂▁▂ | Cost of Funds (%) | 2.80% | 2.76% | 2.73% | 2.73% | 2.45% | 2.41% | 2.36% | 2.43% |
| ▁▁▁▁▁▇▅█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.89% | 0.71% | 1.16% |
| ▁▁▁▁▁▇▅█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.00% | 0.79% | 1.30% |
| ▁▁▂▃▅▅▇█ | Tang. Book Value ($M) | $67 | $68 | $69 | $70 | $72 | $72 | $74 | $76 |
| ▁▄▇▆▆▇▇█ | Gross Loans ($M) | $681 | $702 | $719 | $715 | $715 | $719 | $718 | $727 |
| ▃▃▁█▅▇▅█ | Total Deposits ($M) | $637 | $637 | $612 | $687 | $656 | $671 | $652 | $681 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 34% |
| Brokered / Other | 45% |