Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.80% | +0.20 | 0.60% |
| Return on Equity (%) | ▲ | 12.93% | +1.24 | 11.69% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.35 | 3.00% |
| Efficiency Ratio (%) | ▲ | 70.17% | -5.61 | 75.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.19 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $425 | +0.95 | $424 |
| Gross Loans ($M) | ▲ | $320 | +5.94 | $314 |
| Loan Growth YoY (%) | ▲ | 82.16% | +1.00 | 81.17% |
| Total Deposits ($M) | ▲ | $385 | +2.36 | $383 |
| Shareholders Equity ($M) | ▲ | $27 | +3.87 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +3.87 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +3.67 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 82.16% | +1.00 | 81.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.30 | 0.46% |
| Allowance / Loans (%) | — | 0.95% | 0.04% | 0.91% |
| Net Charge-Off Ratio (%) | ▼ | 1.01% | +0.39 | 0.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.03% | +0.95 | 11.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆██ | Net Interest Margin (%) | 2.72% | 2.81% | 2.88% | 3.00% | 3.08% | 3.16% | 3.34% | 3.35% |
| ▁▂▃▅▃▅██ | Return on Assets (%) | 0.34% | 0.43% | 0.48% | 0.60% | 0.53% | 0.62% | 0.84% | 0.80% |
| █▇▄▃▃▃▁▁ | Efficiency Ratio (%) | 89.4% | 85.4% | 79.1% | 75.8% | 77.2% | 75.7% | 70.8% | 70.2% |
| █▇▃▄▃▃▁▁ | Cost of Funds (%) | 2.13% | 2.02% | 1.83% | 1.84% | 1.79% | 1.78% | 1.68% | 1.65% |
| ▅▁▁▁▃▁█▅ | NPA / Assets (%) | 0.73% | 0.50% | 0.46% | 0.46% | 0.66% | 0.51% | 0.99% | 0.76% |
| ▅▁▁▁▃▁█▅ | Net Charge-Off Ratio (%) | 1.00% | 0.68% | 0.64% | 0.62% | 0.88% | 0.67% | 1.35% | 1.01% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $21 | $20 | $21 | $22 | $24 | $25 | $26 | $26 |
| ▁▁▂▆▄▄▄█ | Gross Loans ($M) | $305 | $303 | $307 | $314 | $311 | $310 | $310 | $320 |
| ▂▁▇█▇▇██ | Total Deposits ($M) | $367 | $362 | $382 | $383 | $382 | $380 | $385 | $385 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 15% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |