Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.11 | 1.28% |
| Return on Equity (%) | ▼ | 18.03% | -2.54 | 20.57% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.38 | 3.49% |
| Efficiency Ratio (%) | ▲ | 48.83% | -11.00 | 59.83% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.26 | $2 |
| Cost of Funds (%) | ▲ | 1.86% | -0.00 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $573 | -1.09 | $574 |
| Gross Loans ($M) | ▼ | $409 | -22.79 | $432 |
| Loan Growth YoY (%) | ▼ | 77.75% | -6.22 | 83.97% |
| Total Deposits ($M) | ▲ | $519 | +11.75 | $507 |
| Shareholders Equity ($M) | ▲ | $44 | +7.60 | $37 |
| Tang. Book Value ($M) | ▲ | $44 | +7.60 | $37 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +8.04 | $42 |
| Loan / Deposit Ratio (%) | ▼ | 77.75% | -6.22 | 83.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -1.21 | 1.24% |
| Allowance / Loans (%) | — | 1.42% | -0.02% | 1.44% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -1.61 | 1.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.83% | +1.09 | 10.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 3.03% | 3.08% | 3.36% | 3.49% | 3.53% | 3.60% | 3.88% | 3.88% |
| ▂▁▃▆█▇██ | Return on Assets (%) | 1.12% | 1.08% | 1.17% | 1.28% | 1.37% | 1.34% | 1.36% | 1.39% |
| ███▇▇█▁▄ | Efficiency Ratio (%) | 64.7% | 63.9% | 64.0% | 59.8% | 60.5% | 63.3% | 37.6% | 48.8% |
| █▇▂▁▁▃▁▁ | Cost of Funds (%) | 2.22% | 2.15% | 1.87% | 1.86% | 1.85% | 1.95% | 1.81% | 1.86% |
| ██████▁▁ | NPA / Assets (%) | 1.26% | 1.26% | 1.24% | 1.24% | 1.23% | 1.34% | 0.03% | 0.03% |
| █████▁▁▁ | Net Charge-Off Ratio (%) | 1.68% | 1.66% | 1.67% | 1.65% | 1.68% | 0.05% | 0.04% | 0.04% |
| ▃▁▃▃▆▇██ | Tang. Book Value ($M) | $36 | $33 | $36 | $37 | $41 | $42 | $44 | $44 |
| ▂▄▇█▆▄▃▁ | Gross Loans ($M) | $413 | $419 | $427 | $432 | $425 | $419 | $415 | $409 |
| ▃▃▇▆▇▁▆█ | Total Deposits ($M) | $485 | $487 | $510 | $507 | $512 | $472 | $502 | $519 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 23% |