Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.20 | 1.15% |
| Return on Equity (%) | ▲ | 11.73% | +0.70 | 11.03% |
| Net Interest Margin (%) | ▲ | 4.44% | +0.33 | 4.11% |
| Efficiency Ratio (%) | ▲ | 59.13% | -2.72 | 61.85% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.04% | -0.26 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $548 | -1.72 | $549 |
| Gross Loans ($M) | ▲ | $397 | +19.79 | $377 |
| Loan Growth YoY (%) | ▲ | 83.02% | +2.17 | 80.86% |
| Total Deposits ($M) | ▲ | $473 | +11.67 | $461 |
| Shareholders Equity ($M) | ▲ | $64 | +4.34 | $60 |
| Tang. Book Value ($M) | ▲ | $64 | +4.34 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +3.51 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 83.02% | +2.17 | 80.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.39 | 0.37% |
| Allowance / Loans (%) | — | 1.13% | -0.03% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.70% | +0.61 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.87% | +1.11 | 17.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 3.88% | 3.93% | 4.00% | 4.11% | 4.19% | 4.25% | 4.41% | 4.44% |
| ▁▁▂▃▆▆▇█ | Return on Assets (%) | 1.06% | 1.10% | 1.12% | 1.15% | 1.25% | 1.27% | 1.30% | 1.35% |
| ██▇▆▂▂▂▁ | Efficiency Ratio (%) | 62.9% | 62.9% | 62.2% | 61.9% | 60.1% | 60.0% | 59.9% | 59.1% |
| ▆█▆▄▃▃▁▁ | Cost of Funds (%) | 1.44% | 1.59% | 1.40% | 1.31% | 1.24% | 1.20% | 1.08% | 1.04% |
| ▃▃▂▁▁▄▇█ | NPA / Assets (%) | 0.49% | 0.45% | 0.40% | 0.37% | 0.35% | 0.51% | 0.69% | 0.76% |
| ▂▁▁▁▁▄▇█ | Net Charge-Off Ratio (%) | 0.21% | 0.12% | 0.13% | 0.08% | 0.12% | 0.39% | 0.61% | 0.70% |
| ▁▁▃▄▆▆▇█ | Tang. Book Value ($M) | $57 | $56 | $58 | $60 | $62 | $61 | $63 | $64 |
| ▁▁▁▂▅▆▇█ | Gross Loans ($M) | $375 | $373 | $374 | $377 | $386 | $390 | $393 | $397 |
| ▁▇▇▅▆▇▆█ | Total Deposits ($M) | $447 | $468 | $469 | $461 | $464 | $468 | $463 | $473 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 8% |