Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.41 | 1.12% |
| Return on Equity (%) | ▲ | 13.61% | +3.85 | 9.76% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.34 | 3.33% |
| Efficiency Ratio (%) | ▲ | 47.15% | -7.27 | 54.42% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.64 | $2 |
| Cost of Funds (%) | ▲ | 2.68% | -0.10 | 2.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $441 | +23.32 | $417 |
| Gross Loans ($M) | ▲ | $369 | +13.62 | $356 |
| Loan Growth YoY (%) | ▼ | 109.67% | -1.06 | 110.73% |
| Total Deposits ($M) | ▲ | $332 | +15.46 | $317 |
| Shareholders Equity ($M) | ▲ | $50 | +4.04 | $45 |
| Tang. Book Value ($M) | ▲ | $50 | +4.04 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +4.13 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 109.67% | -1.06 | 110.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.26% | -0.52 | 2.78% |
| Allowance / Loans (%) | — | 1.32% | -0.04% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 2.70% | -0.57 | 3.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.13% | 3.12% | 3.25% | 3.33% | 3.42% | 3.50% | 3.55% | 3.67% |
| ▁▁▂▂▃▄▇█ | Return on Assets (%) | 1.05% | 1.01% | 1.12% | 1.12% | 1.19% | 1.25% | 1.47% | 1.54% |
| ██▇▆▆▄▁▁ | Efficiency Ratio (%) | 57.0% | 55.9% | 55.4% | 54.4% | 54.0% | 51.9% | 48.3% | 47.1% |
| █▆▃▃▅▂▁▁ | Cost of Funds (%) | 3.02% | 2.91% | 2.80% | 2.79% | 2.88% | 2.76% | 2.71% | 2.68% |
| ▁███▇██▇ | NPA / Assets (%) | 0.39% | 2.72% | 2.65% | 2.78% | 2.38% | 2.58% | 2.75% | 2.26% |
| ▁███▇██▇ | Net Charge-Off Ratio (%) | 0.49% | 3.24% | 3.17% | 3.27% | 2.85% | 3.01% | 3.27% | 2.70% |
| ▁▁▃▁▃▆█▇ | Tang. Book Value ($M) | $45 | $45 | $47 | $45 | $47 | $49 | $50 | $50 |
| ▁▂▄▇▇███ | Gross Loans ($M) | $301 | $318 | $332 | $356 | $357 | $372 | $371 | $369 |
| ▁▁▃▆█▇██ | Total Deposits ($M) | $284 | $287 | $297 | $317 | $327 | $321 | $329 | $332 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 19% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 24% |