Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.23 | 0.92% |
| Return on Equity (%) | ▲ | 8.11% | +1.07 | 7.04% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.05 | 3.86% |
| Efficiency Ratio (%) | ▲ | 58.92% | -1.96 | 60.88% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.79 | $2 |
| Cost of Funds (%) | ▲ | 2.92% | -0.17 | 3.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $507 | -2.09 | $509 |
| Gross Loans ($M) | ▲ | $433 | +20.32 | $413 |
| Loan Growth YoY (%) | ▲ | 100.33% | +6.50 | 93.83% |
| Total Deposits ($M) | ▼ | $426 | -8.50 | $435 |
| Shareholders Equity ($M) | ▲ | $74 | +5.31 | $69 |
| Tang. Book Value ($M) | ▲ | $73 | +5.42 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 100.33% | +6.50 | 93.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.38% | -0.06 | 1.44% |
| Allowance / Loans (%) | — | 1.30% | 0.08% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 1.61% | +0.13 | 1.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.35% | +0.60 | 15.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▇▆█▇▁▇ | Net Interest Margin (%) | 3.69% | 3.67% | 3.88% | 3.86% | 3.97% | 3.91% | 3.57% | 3.91% |
| ▄▅▂▃▁▄▂█ | Return on Assets (%) | 0.97% | 1.02% | 0.91% | 0.92% | 0.84% | 0.97% | 0.90% | 1.15% |
| ▄▁▂▂▂▂█▁ | Efficiency Ratio (%) | 62.4% | 60.0% | 60.6% | 60.9% | 60.9% | 60.9% | 68.1% | 58.9% |
| █▇▄▂▁▃▁▁ | Cost of Funds (%) | 3.59% | 3.47% | 3.20% | 3.08% | 2.95% | 3.09% | 2.95% | 2.92% |
| ▁▅▅▅▅█▇▅ | NPA / Assets (%) | 0.34% | 1.44% | 1.49% | 1.44% | 1.44% | 2.34% | 1.96% | 1.38% |
| ▁▆▅▄▄█▇▅ | Net Charge-Off Ratio (%) | 0.43% | 1.82% | 1.75% | 1.49% | 1.44% | 2.64% | 2.23% | 1.61% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $64 | $66 | $67 | $68 | $69 | $71 | $72 | $73 |
| ▁▄█▃▆▅▃█ | Gross Loans ($M) | $406 | $416 | $432 | $413 | $426 | $420 | $415 | $433 |
| ▇█▆▅▁▅▆▃ | Total Deposits ($M) | $439 | $445 | $436 | $435 | $419 | $433 | $437 | $426 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 33% |