Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.59 | 0.58% |
| Return on Equity (%) | ▲ | 15.31% | +7.11 | 8.20% |
| Net Interest Margin (%) | ▲ | 3.34% | +0.63 | 2.71% |
| Efficiency Ratio (%) | ▲ | 57.73% | -13.48 | 71.21% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.37 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.28 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $674 | +14.15 | $660 |
| Gross Loans ($M) | ▲ | $525 | +17.02 | $508 |
| Loan Growth YoY (%) | ▼ | 86.46% | -2.59 | 89.04% |
| Total Deposits ($M) | ▲ | $600 | +36.47 | $564 |
| Shareholders Equity ($M) | ▲ | $53 | +6.98 | $46 |
| Tang. Book Value ($M) | ▲ | $53 | +6.98 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +6.98 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 86.46% | -2.59 | 89.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.69% | +0.16 | 0.53% |
| Allowance / Loans (%) | — | 1.09% | -0.02% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.89% | +0.20 | 0.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 2.31% | 2.40% | 2.61% | 2.71% | 2.80% | 2.88% | 3.28% | 3.34% |
| ▁▁▂▂▃▃▇█ | Return on Assets (%) | 0.49% | 0.55% | 0.61% | 0.58% | 0.68% | 0.70% | 1.04% | 1.17% |
| ██▅▅▄▄▂▁ | Efficiency Ratio (%) | 80.3% | 79.5% | 69.9% | 71.2% | 66.3% | 67.6% | 61.6% | 57.7% |
| ██▆▅▆▄▁▁ | Cost of Funds (%) | 2.14% | 2.09% | 1.99% | 1.93% | 1.98% | 1.84% | 1.66% | 1.65% |
| ▁▂▂▂██▆▆ | NPA / Assets (%) | 0.45% | 0.52% | 0.51% | 0.53% | 0.79% | 0.76% | 0.69% | 0.69% |
| ▁▂▂▂██▆▆ | Net Charge-Off Ratio (%) | 0.60% | 0.68% | 0.66% | 0.69% | 1.02% | 0.98% | 0.88% | 0.89% |
| ▅▁▁▂▄▅▇█ | Tang. Book Value ($M) | $49 | $44 | $45 | $46 | $48 | $49 | $51 | $53 |
| ▁▁▁▅▇▇██ | Gross Loans ($M) | $487 | $486 | $489 | $508 | $520 | $517 | $527 | $525 |
| ▂▂▁▂▇▆▇█ | Total Deposits ($M) | $564 | $564 | $557 | $564 | $592 | $585 | $592 | $600 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 6% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 13% |