Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.75% | +0.19 | 1.56% |
| Return on Equity (%) | ▲ | 11.14% | +0.37 | 10.77% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.14 | 3.91% |
| Efficiency Ratio (%) | ▼ | 45.63% | +1.00 | 44.63% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.12 | $4 |
| Cost of Funds (%) | ▲ | 1.69% | -0.08 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $770 | +44.80 | $725 |
| Gross Loans ($M) | ▲ | $671 | +52.29 | $619 |
| Loan Growth YoY (%) | ▲ | 103.19% | +3.17 | 100.02% |
| Total Deposits ($M) | ▲ | $644 | +31.25 | $613 |
| Shareholders Equity ($M) | ▲ | $121 | +15.61 | $106 |
| Tang. Book Value ($M) | ▲ | $121 | +15.61 | $106 |
| Loan / Deposit Ratio (%) | ▲ | 103.19% | +3.17 | 100.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.74% | -0.17 | 1.91% |
| Allowance / Loans (%) | — | 0.99% | 0.01% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 1.48% | -0.75 | 2.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.36% | +0.65 | 15.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▁▅▆▆██ | Net Interest Margin (%) | 3.77% | 3.84% | 3.79% | 3.91% | 3.97% | 3.97% | 4.02% | 4.05% |
| ▃▄▂▅▇▆▁█ | Return on Assets (%) | 1.44% | 1.51% | 1.37% | 1.56% | 1.65% | 1.62% | 1.31% | 1.75% |
| ▄▂█▄▁▁█▅ | Efficiency Ratio (%) | 44.7% | 43.7% | 47.8% | 44.6% | 42.5% | 43.1% | 47.8% | 45.6% |
| █▇▅▄▆▃▁▁ | Cost of Funds (%) | 1.89% | 1.85% | 1.81% | 1.77% | 1.83% | 1.75% | 1.67% | 1.69% |
| ▆▂▁█▄█▇▇ | NPA / Assets (%) | 1.51% | 0.78% | 0.59% | 1.91% | 1.23% | 1.79% | 1.64% | 1.74% |
| ▅▁▁█▃▅▄▅ | Net Charge-Off Ratio (%) | 1.41% | 0.54% | 0.60% | 2.23% | 0.98% | 1.45% | 1.31% | 1.48% |
| ▁▂▂▃▅▆▇█ | Tang. Book Value ($M) | $97 | $100 | $103 | $106 | $110 | $113 | $117 | $121 |
| ▁▁▁▃▅▅▆█ | Gross Loans ($M) | $599 | $599 | $605 | $619 | $642 | $638 | $645 | $671 |
| ▄▂▁▄▅▃▅█ | Total Deposits ($M) | $615 | $604 | $590 | $613 | $619 | $605 | $621 | $644 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 21% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 14% |