Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.26 | 0.95% |
| Return on Equity (%) | ▲ | 12.73% | +2.04 | 10.69% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.29 | 3.52% |
| Efficiency Ratio (%) | ▲ | 58.15% | -3.37 | 61.52% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.33 | $2 |
| Cost of Funds (%) | ▲ | 2.05% | -0.35 | 2.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $488 | +24.89 | $463 |
| Gross Loans ($M) | ▲ | $401 | +11.15 | $390 |
| Loan Growth YoY (%) | ▼ | 96.42% | -0.42 | 96.84% |
| Total Deposits ($M) | ▲ | $411 | +12.59 | $398 |
| Shareholders Equity ($M) | ▲ | $47 | +5.39 | $42 |
| Tang. Book Value ($M) | ▲ | $47 | +5.39 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +5.65 | $44 |
| Loan / Deposit Ratio (%) | ▼ | 96.42% | -0.42 | 96.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.12 | 0.48% |
| Allowance / Loans (%) | — | 1.32% | 0.14% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.43% | -0.14 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅▆▇██ | Net Interest Margin (%) | 3.17% | 3.27% | 3.47% | 3.52% | 3.61% | 3.66% | 3.73% | 3.80% |
| ▁▂▂▃▅▅██ | Return on Assets (%) | 0.84% | 0.92% | 0.91% | 0.95% | 1.03% | 1.06% | 1.22% | 1.21% |
| █▇▆▅▄▃▁▁ | Efficiency Ratio (%) | 64.4% | 62.7% | 62.1% | 61.5% | 60.7% | 60.0% | 57.7% | 58.1% |
| █▅▄▅▄▁▁▁ | Cost of Funds (%) | 2.66% | 2.39% | 2.32% | 2.40% | 2.29% | 2.11% | 2.08% | 2.05% |
| ▇██▆▃▁▄▄ | NPA / Assets (%) | 0.53% | 0.55% | 0.57% | 0.48% | 0.34% | 0.22% | 0.38% | 0.36% |
| ███▆▂▁▄▄ | Net Charge-Off Ratio (%) | 0.64% | 0.66% | 0.68% | 0.57% | 0.32% | 0.26% | 0.46% | 0.43% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $39 | $40 | $41 | $42 | $43 | $45 | $46 | $47 |
| ▁▃▅▆▆███ | Gross Loans ($M) | $364 | $377 | $389 | $390 | $392 | $405 | $401 | $401 |
| ▂▁▅▆▇▆██ | Total Deposits ($M) | $378 | $370 | $393 | $398 | $404 | $401 | $411 | $411 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 11% |