Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.18% | +0.02 | 0.16% |
| Return on Equity (%) | ▲ | 1.90% | +0.04 | 1.86% |
| Net Interest Margin (%) | ▲ | 2.71% | +0.40 | 2.31% |
| Efficiency Ratio (%) | ▲ | 88.37% | -7.37 | 95.74% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 2.52% | -0.34 | 2.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $536 | +4.72 | $531 |
| Gross Loans ($M) | ▲ | $411 | +23.08 | $388 |
| Loan Growth YoY (%) | ▲ | 85.41% | +4.14 | 81.28% |
| Total Deposits ($M) | ▲ | $477 | +4.22 | $473 |
| Shareholders Equity ($M) | ▲ | $51 | +4.69 | $46 |
| Tang. Book Value ($M) | ▲ | $51 | +4.69 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +3.82 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 85.41% | +4.14 | 81.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.06% | +0.58 | 0.47% |
| Allowance / Loans (%) | — | 0.85% | -0.07% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +0.73 | 0.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.54% | +0.16 | 11.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▇█ | Net Interest Margin (%) | 2.16% | 2.21% | 2.29% | 2.31% | 2.41% | 2.49% | 2.63% | 2.71% |
| ▄▁▇▇████ | Return on Assets (%) | -0.37% | -0.82% | 0.15% | 0.16% | 0.23% | 0.26% | 0.30% | 0.18% |
| █▇▅▄▃▂▁▁ | Efficiency Ratio (%) | 108.0% | 103.6% | 99.2% | 95.7% | 93.1% | 91.1% | 87.2% | 88.4% |
| █▇▆▅▅▂▁▁ | Cost of Funds (%) | 3.17% | 3.04% | 2.98% | 2.87% | 2.86% | 2.60% | 2.47% | 2.52% |
| ▂▁▁▄▄▃█▇ | NPA / Assets (%) | 0.28% | 0.00% | 0.00% | 0.47% | 0.48% | 0.41% | 1.22% | 1.06% |
| ▂▁▁▄▄▃█▇ | Net Charge-Off Ratio (%) | 0.40% | 0.00% | 0.00% | 0.65% | 0.64% | 0.54% | 1.61% | 1.38% |
| ▃▁▃▄▇███ | Tang. Book Value ($M) | $45 | $42 | $45 | $46 | $49 | $51 | $51 | $51 |
| ▁▁▁▄▅▆██ | Gross Loans ($M) | $372 | $374 | $374 | $388 | $395 | $401 | $408 | $411 |
| █▄▄█▄▇▁█ | Total Deposits ($M) | $477 | $455 | $454 | $473 | $453 | $468 | $437 | $477 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 26% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 37% |