Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.48% | -0.11 | 1.59% |
| Return on Equity (%) | ▼ | 12.79% | -1.43 | 14.22% |
| Net Interest Margin (%) | ▼ | 5.40% | -0.25 | 5.65% |
| Efficiency Ratio (%) | ▲ | 57.07% | -0.02 | 57.09% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.10 | $2 |
| Cost of Funds (%) | ▲ | 1.05% | -0.27 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $360 | +22.44 | $337 |
| Gross Loans ($M) | ▲ | $255 | +33.80 | $221 |
| Loan Growth YoY (%) | ▲ | 80.94% | +6.28 | 74.67% |
| Total Deposits ($M) | ▲ | $310 | +18.84 | $292 |
| Shareholders Equity ($M) | ▲ | $43 | +3.79 | $39 |
| Tang. Book Value ($M) | ▲ | $43 | +3.79 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +3.41 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 80.94% | +6.28 | 74.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.68% | +0.52 | 0.16% |
| Allowance / Loans (%) | — | 1.51% | -0.12% | 1.63% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.71 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.31% | -1.36 | 16.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▆██▇▁▃ | Net Interest Margin (%) | 5.44% | 5.51% | 5.56% | 5.65% | 5.64% | 5.60% | 5.30% | 5.40% |
| ▁▂▆███▄▆ | Return on Assets (%) | 1.22% | 1.32% | 1.50% | 1.59% | 1.63% | 1.60% | 1.40% | 1.48% |
| ▅▁▄▅▇█▅▅ | Efficiency Ratio (%) | 57.0% | 56.5% | 57.0% | 57.1% | 57.3% | 57.5% | 57.1% | 57.1% |
| ▇█▅▄▂▂▁▁ | Cost of Funds (%) | 1.68% | 1.80% | 1.42% | 1.31% | 1.15% | 1.18% | 0.99% | 1.05% |
| ▅▅▁▁▇█▅▅ | NPA / Assets (%) | 0.65% | 0.62% | 0.16% | 0.16% | 0.84% | 1.06% | 0.62% | 0.68% |
| ▅▄▁▁▇█▅▅ | Net Charge-Off Ratio (%) | 0.98% | 0.90% | 0.24% | 0.24% | 1.46% | 1.65% | 1.09% | 0.95% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $36 | $36 | $38 | $39 | $41 | $42 | $43 | $43 |
| ▂▃▂▂▁▄▂█ | Gross Loans ($M) | $220 | $226 | $224 | $221 | $214 | $230 | $224 | $255 |
| ▁▁▂▂▆▄█▄ | Total Deposits ($M) | $278 | $285 | $289 | $292 | $326 | $303 | $344 | $310 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 39% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 57% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 3% |