Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.29 | 1.51% |
| Return on Equity (%) | ▲ | 11.09% | +1.83 | 9.26% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.31 | 3.73% |
| Efficiency Ratio (%) | ▲ | 31.84% | -2.41 | 34.25% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.66 | $5 |
| Cost of Funds (%) | ▲ | 2.57% | -0.42 | 2.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $935 | +62.54 | $873 |
| Gross Loans ($M) | ▲ | $804 | +35.84 | $768 |
| Loan Growth YoY (%) | ▲ | 105.89% | +0.35 | 105.54% |
| Total Deposits ($M) | ▲ | $748 | +30.14 | $718 |
| Shareholders Equity ($M) | ▲ | $150 | +15.48 | $135 |
| Tang. Book Value ($M) | ▲ | $147 | +15.60 | $131 |
| Loan / Deposit Ratio (%) | ▲ | 105.89% | +0.35 | 105.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.28% | -0.04 | 0.32% |
| Allowance / Loans (%) | — | 1.50% | 0.11% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▆██ | Net Interest Margin (%) | 3.52% | 3.54% | 3.61% | 3.73% | 3.87% | 3.90% | 4.04% | 4.04% |
| ▇▄▄▁▄█▄█ | Return on Assets (%) | 1.76% | 1.65% | 1.63% | 1.51% | 1.63% | 1.81% | 1.63% | 1.81% |
| ▄▆▇▅█▅▄▁ | Efficiency Ratio (%) | 33.9% | 34.7% | 35.1% | 34.3% | 36.1% | 34.2% | 33.4% | 31.8% |
| █▇▆▄▄▂▁▁ | Cost of Funds (%) | 3.57% | 3.42% | 3.21% | 2.99% | 2.96% | 2.81% | 2.61% | 2.57% |
| ██▇▄▁▃▂▁ | NPA / Assets (%) | 0.37% | 0.36% | 0.35% | 0.32% | 0.27% | 0.30% | 0.29% | 0.28% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.04% |
| ▁▁▂▂▃▆▆█ | Tang. Book Value ($M) | $129 | $130 | $132 | $131 | $135 | $140 | $142 | $147 |
| ▁▂▃▇▆▇▇█ | Gross Loans ($M) | $624 | $660 | $681 | $768 | $749 | $766 | $768 | $804 |
| ▁▁▂▇▆▆▇█ | Total Deposits ($M) | $611 | $621 | $634 | $718 | $707 | $712 | $717 | $748 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 29% |