Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.62% | +0.33 | 0.29% |
| Return on Equity (%) | ▲ | 6.30% | +3.20 | 3.10% |
| Net Interest Margin (%) | ▲ | 2.87% | +0.17 | 2.70% |
| Efficiency Ratio (%) | ▲ | 79.05% | -9.62 | 88.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.41 | $0 |
| Cost of Funds (%) | ▲ | 2.24% | -0.32 | 2.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $507 | -4.12 | $511 |
| Gross Loans ($M) | ▼ | $428 | -28.46 | $457 |
| Loan Growth YoY (%) | ▼ | 94.95% | -9.87 | 104.83% |
| Total Deposits ($M) | ▲ | $446 | +15.06 | $431 |
| Shareholders Equity ($M) | ▲ | $51 | +1.51 | $49 |
| Tang. Book Value ($M) | ▲ | $51 | +1.51 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 94.95% | -9.87 | 104.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.05 | 0.09% |
| Allowance / Loans (%) | — | 1.14% | 0.03% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.17% | +0.07 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.89% | +1.22 | 11.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▅▆▇█ | Net Interest Margin (%) | 2.50% | 2.55% | 2.70% | 2.70% | 2.72% | 2.76% | 2.81% | 2.87% |
| ▁▁▃▄▄▅██ | Return on Assets (%) | 0.09% | 0.14% | 0.28% | 0.29% | 0.34% | 0.38% | 0.63% | 0.62% |
| █▇▅▅▄▃▁▁ | Efficiency Ratio (%) | 97.7% | 95.0% | 90.5% | 88.7% | 86.4% | 84.8% | 81.1% | 79.1% |
| █▇▅▅▄▃▁▁ | Cost of Funds (%) | 2.81% | 2.67% | 2.55% | 2.56% | 2.48% | 2.43% | 2.27% | 2.24% |
| ▁▁▁▁▁██▆ | NPA / Assets (%) | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.18% | 0.18% | 0.14% |
| ▁▁▁▁▁██▆ | Net Charge-Off Ratio (%) | 0.09% | 0.10% | 0.10% | 0.10% | 0.10% | 0.20% | 0.21% | 0.17% |
| ▁▁▃▄▆▄▆█ | Tang. Book Value ($M) | $48 | $48 | $49 | $49 | $50 | $49 | $50 | $51 |
| █▇▆▄▃▃▂▁ | Gross Loans ($M) | $489 | $480 | $466 | $457 | $445 | $446 | $439 | $428 |
| █▂▂▁▅▄▂▃ | Total Deposits ($M) | $472 | $437 | $437 | $431 | $452 | $446 | $440 | $446 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 21% |