Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.44 | 0.27% |
| Return on Equity (%) | ▲ | 5.39% | +3.27 | 2.12% |
| Net Interest Margin (%) | ▲ | 3.32% | +0.55 | 2.77% |
| Efficiency Ratio (%) | ▲ | 79.00% | -1.73 | 80.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 2.61% | -0.57 | 3.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $596 | +14.20 | $582 |
| Gross Loans ($M) | ▲ | $376 | +71.52 | $304 |
| Loan Growth YoY (%) | ▲ | 74.76% | +5.68 | 69.09% |
| Total Deposits ($M) | ▲ | $497 | +61.75 | $436 |
| Shareholders Equity ($M) | ▲ | $79 | +6.42 | $73 |
| Tang. Book Value ($M) | ▲ | $79 | +6.42 | $73 |
| TBV excl. AOCI ($M)** | ▲ | $89 | +3.57 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 74.76% | +5.68 | 69.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.41% | -0.28 | 0.69% |
| Allowance / Loans (%) | — | 1.05% | -0.04% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.65% | -0.68 | 1.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.72% | -0.01 | 16.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆▇█ | Net Interest Margin (%) | 2.19% | 2.30% | 2.71% | 2.77% | 2.86% | 2.92% | 3.15% | 3.32% |
| ▁▁▄▄▅█▇█ | Return on Assets (%) | -0.09% | 0.01% | 0.25% | 0.27% | 0.34% | 0.66% | 0.55% | 0.71% |
| ██▁▂▂▃▁▁ | Efficiency Ratio (%) | 100.0% | 99.1% | 77.9% | 80.7% | 80.4% | 84.5% | 77.2% | 79.0% |
| █▆▂▅▆▅▁▁ | Cost of Funds (%) | 3.59% | 3.24% | 2.83% | 3.18% | 3.28% | 3.17% | 2.66% | 2.61% |
| █▆▄▄▄▁▂▁ | NPA / Assets (%) | 1.02% | 0.83% | 0.71% | 0.69% | 0.66% | 0.42% | 0.52% | 0.41% |
| █▆▄▃▃▁▁▁ | Net Charge-Off Ratio (%) | 2.64% | 2.12% | 1.50% | 1.33% | 1.15% | 0.71% | 0.85% | 0.65% |
| ▃▁▃▃▆███ | Tang. Book Value ($M) | $72 | $69 | $72 | $73 | $76 | $79 | $78 | $79 |
| ▁▁▃▅▆▇██ | Gross Loans ($M) | $210 | $209 | $270 | $304 | $333 | $351 | $366 | $376 |
| ▁▃▃▄▅███ | Total Deposits ($M) | $392 | $434 | $421 | $436 | $460 | $494 | $507 | $497 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 22% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 40% |