Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.05 | 0.55% |
| Return on Equity (%) | ▲ | 6.78% | +0.79 | 5.99% |
| Net Interest Margin (%) | ▼ | 3.34% | -0.43 | 3.77% |
| Efficiency Ratio (%) | ▼ | 75.81% | +0.83 | 74.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▼ | 3.00% | +0.19 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $570 | +81.55 | $488 |
| Gross Loans ($M) | ▲ | $492 | +75.38 | $417 |
| Loan Growth YoY (%) | ▼ | 105.79% | -8.62 | 114.42% |
| Total Deposits ($M) | ▲ | $462 | +100.34 | $361 |
| Shareholders Equity ($M) | ▲ | $55 | +11.38 | $44 |
| Tang. Book Value ($M) | ▲ | $55 | +11.25 | $44 |
| Loan / Deposit Ratio (%) | ▼ | 105.79% | -8.62 | 114.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.28% | +0.63 | 0.65% |
| Allowance / Loans (%) | — | 0.72% | -0.03% | 0.75% |
| Net Charge-Off Ratio (%) | ▼ | 1.33% | +0.56 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.36% | +0.46 | 11.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆███▁▂ | Net Interest Margin (%) | 3.73% | 3.68% | 3.60% | 3.77% | 3.78% | 3.77% | 3.22% | 3.34% |
| ▅▇▇▅▅█▁▇ | Return on Assets (%) | 0.56% | 0.60% | 0.60% | 0.55% | 0.55% | 0.65% | 0.42% | 0.60% |
| ▆▄▇▂▃▁█▄ | Efficiency Ratio (%) | 77.4% | 76.0% | 77.9% | 75.0% | 75.3% | 73.9% | 78.7% | 75.8% |
| █▄▃▁▁▅█▅ | Cost of Funds (%) | 3.15% | 2.94% | 2.92% | 2.81% | 2.82% | 2.99% | 3.12% | 3.00% |
| ▄▂▂▁█▃▆█ | NPA / Assets (%) | 0.95% | 0.75% | 0.79% | 0.65% | 1.22% | 0.88% | 1.12% | 1.28% |
| ▅▂▃▁█▂▆█ | Net Charge-Off Ratio (%) | 1.11% | 0.88% | 0.92% | 0.77% | 1.33% | 0.90% | 1.14% | 1.33% |
| ▁▁▁▂▂▃▃█ | Tang. Book Value ($M) | $42 | $42 | $43 | $44 | $45 | $46 | $47 | $55 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $366 | $392 | $398 | $417 | $445 | $451 | $475 | $492 |
| ▂▁▃▃▂███ | Total Deposits ($M) | $342 | $325 | $365 | $361 | $354 | $461 | $447 | $462 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 20% |