Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.13 | 0.78% |
| Return on Equity (%) | ▲ | 9.53% | +2.07 | 7.46% |
| Net Interest Margin (%) | ▼ | 3.43% | -0.22 | 3.65% |
| Efficiency Ratio (%) | ▲ | 59.98% | -2.21 | 62.19% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.12 | $2 |
| Cost of Funds (%) | ▲ | 2.79% | -0.18 | 2.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $721 | +202.34 | $519 |
| Gross Loans ($M) | ▲ | $616 | +166.05 | $450 |
| Loan Growth YoY (%) | ▼ | 95.29% | -1.84 | 97.13% |
| Total Deposits ($M) | ▲ | $640 | +181.44 | $458 |
| Shareholders Equity ($M) | ▲ | $68 | +16.22 | $52 |
| Tang. Book Value ($M) | ▲ | $66 | +16.22 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +17.11 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 95.29% | -1.84 | 97.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.19 | 0.61% |
| Allowance / Loans (%) | — | 1.13% | -0.06% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -0.21 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.19% | -0.40 | 11.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▄█▇▁▁ | Net Interest Margin (%) | 3.57% | 3.54% | 3.47% | 3.65% | 3.96% | 3.85% | 3.47% | 3.43% |
| ▁▁▅▆██▇▇ | Return on Assets (%) | 0.31% | 0.30% | 0.70% | 0.78% | 1.00% | 0.98% | 0.85% | 0.91% |
| ██▄▂▁▁▁▂ | Efficiency Ratio (%) | 81.9% | 78.7% | 66.0% | 62.2% | 58.7% | 55.9% | 57.9% | 60.0% |
| █▄▅▄▄▁▂▂ | Cost of Funds (%) | 3.42% | 3.01% | 3.08% | 2.97% | 3.01% | 2.63% | 2.83% | 2.79% |
| ▂█▁▅▃▄▄▁ | NPA / Assets (%) | 0.46% | 0.75% | 0.39% | 0.61% | 0.51% | 0.54% | 0.56% | 0.42% |
| ▂█▁▅▃▄▄▁ | Net Charge-Off Ratio (%) | 0.54% | 0.87% | 0.45% | 0.70% | 0.60% | 0.63% | 0.63% | 0.49% |
| ▁▂▂▃▄▅▇█ | Tang. Book Value ($M) | $43 | $46 | $48 | $49 | $53 | $56 | $62 | $66 |
| ▁▂▂▄▅▇▇█ | Gross Loans ($M) | $337 | $395 | $405 | $450 | $481 | $551 | $562 | $616 |
| ▁▂▂▄▅▇▆█ | Total Deposits ($M) | $346 | $395 | $405 | $458 | $503 | $575 | $553 | $640 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 40% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 23% |