Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.35 | 0.87% |
| Return on Equity (%) | ▲ | 15.01% | +2.90 | 12.11% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.43 | 3.03% |
| Efficiency Ratio (%) | ▲ | 55.42% | -9.71 | 65.13% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.53 | $1 |
| Cost of Funds (%) | ▲ | 2.39% | -0.29 | 2.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $524 | +23.23 | $501 |
| Gross Loans ($M) | ▲ | $459 | +22.00 | $437 |
| Loan Growth YoY (%) | ▲ | 101.66% | +4.55 | 97.10% |
| Total Deposits ($M) | ▲ | $448 | +1.62 | $447 |
| Shareholders Equity ($M) | ▲ | $43 | +7.25 | $36 |
| Tang. Book Value ($M) | ▲ | $43 | +7.25 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +7.07 | $38 |
| Loan / Deposit Ratio (%) | ▲ | 101.66% | +4.55 | 97.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.93% | +0.16 | 0.78% |
| Allowance / Loans (%) | — | 0.78% | -0.04% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 1.06% | +0.18 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.52% | +0.35 | 11.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 2.61% | 2.63% | 2.89% | 3.03% | 3.13% | 3.22% | 3.55% | 3.47% |
| ▁▁▃▄▅▅██ | Return on Assets (%) | 0.61% | 0.59% | 0.79% | 0.87% | 0.94% | 0.95% | 1.19% | 1.22% |
| ██▆▆▅▆▁▁ | Efficiency Ratio (%) | 71.5% | 70.4% | 66.4% | 65.1% | 63.2% | 65.4% | 54.0% | 55.4% |
| █▆▄▄▄▂▁▁ | Cost of Funds (%) | 3.02% | 2.82% | 2.67% | 2.68% | 2.66% | 2.52% | 2.45% | 2.39% |
| ▁▁▇▆▆▇▂█ | NPA / Assets (%) | 0.40% | 0.36% | 0.81% | 0.78% | 0.75% | 0.86% | 0.48% | 0.93% |
| ▁▁▇▆▆█▂█ | Net Charge-Off Ratio (%) | 0.47% | 0.42% | 0.93% | 0.89% | 0.86% | 0.99% | 0.54% | 1.06% |
| ▁▁▂▂▄▆▇█ | Tang. Book Value ($M) | $36 | $35 | $36 | $36 | $39 | $40 | $41 | $43 |
| ▁▂▄▅▆▆▆█ | Gross Loans ($M) | $401 | $415 | $430 | $437 | $444 | $444 | $442 | $459 |
| ▁▁▄▄▆█▆▄ | Total Deposits ($M) | $435 | $434 | $446 | $447 | $456 | $465 | $457 | $448 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 13% |