Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.10 | 1.33% |
| Return on Equity (%) | ▲ | 9.95% | +0.04 | 9.91% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.07 | 4.11% |
| Efficiency Ratio (%) | ▲ | 59.32% | -1.02 | 60.34% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.05 | $4 |
| Cost of Funds (%) | ▲ | 1.03% | -0.02 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $921 | +42.71 | $879 |
| Gross Loans ($M) | ▲ | $573 | +19.25 | $554 |
| Loan Growth YoY (%) | ▼ | 74.03% | -0.66 | 74.68% |
| Total Deposits ($M) | ▲ | $762 | +32.29 | $730 |
| Shareholders Equity ($M) | ▲ | $136 | +11.72 | $124 |
| Tang. Book Value ($M) | ▲ | $136 | +11.72 | $124 |
| TBV excl. AOCI ($M)** | ▲ | $147 | +10.98 | $136 |
| Loan / Deposit Ratio (%) | ▼ | 74.03% | -0.66 | 74.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.85% | +0.25 | 0.61% |
| Allowance / Loans (%) | — | 1.57% | -0.03% | 1.60% |
| Net Charge-Off Ratio (%) | ▼ | 1.16% | +0.49 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅▇▆▇██ | Net Interest Margin (%) | 3.79% | 3.90% | 4.00% | 4.11% | 4.07% | 4.10% | 4.15% | 4.18% |
| ▁▁▃▆▇▂██ | Return on Assets (%) | 1.15% | 1.17% | 1.25% | 1.33% | 1.37% | 1.21% | 1.44% | 1.43% |
| ▄█▄▂▂█▁▁ | Efficiency Ratio (%) | 62.0% | 64.6% | 61.8% | 60.3% | 60.4% | 64.9% | 59.2% | 59.3% |
| ▅█▂▂▁▆▁▁ | Cost of Funds (%) | 1.16% | 1.24% | 1.07% | 1.05% | 1.05% | 1.17% | 1.02% | 1.03% |
| ▃▁▃▃▂███ | NPA / Assets (%) | 0.58% | 0.44% | 0.58% | 0.61% | 0.52% | 0.89% | 0.88% | 0.85% |
| ▃▁▃▃▂███ | Net Charge-Off Ratio (%) | 0.70% | 0.45% | 0.67% | 0.68% | 0.60% | 1.21% | 1.19% | 1.16% |
| ▂▁▂▃▆▇▇█ | Tang. Book Value ($M) | $122 | $118 | $122 | $124 | $130 | $132 | $133 | $136 |
| ▅▁▁▄▆▇█▇ | Gross Loans ($M) | $556 | $532 | $526 | $554 | $567 | $573 | $584 | $573 |
| █▅▃▁▇▅▄▃ | Total Deposits ($M) | $823 | $778 | $757 | $730 | $810 | $782 | $774 | $762 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 5% |