Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.60% | -0.19 | 1.79% |
| Return on Equity (%) | ▼ | 15.05% | -4.97 | 20.02% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.03 | 4.11% |
| Efficiency Ratio (%) | ▲ | 57.52% | -6.08 | 63.60% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.24 | $2 |
| Cost of Funds (%) | ▲ | 1.28% | -0.11 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $469 | +22.26 | $447 |
| Gross Loans ($M) | ▲ | $255 | +0.15 | $255 |
| Loan Growth YoY (%) | ▼ | 62.39% | -3.81 | 66.20% |
| Total Deposits ($M) | ▲ | $403 | +23.77 | $380 |
| Shareholders Equity ($M) | ▲ | $52 | +7.71 | $44 |
| Tang. Book Value ($M) | ▲ | $51 | +8.20 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +8.45 | $49 |
| Loan / Deposit Ratio (%) | ▼ | 62.39% | -3.81 | 66.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.04 | 0.18% |
| Allowance / Loans (%) | — | 1.27% | -0.09% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -0.08 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.06% | +2.14 | 17.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▄▄▁▃ | Net Interest Margin (%) | 4.43% | 4.33% | 4.04% | 4.11% | 4.22% | 4.22% | 4.02% | 4.14% |
| ▁▁▅██▇█▇ | Return on Assets (%) | 0.62% | 0.74% | 1.29% | 1.79% | 1.73% | 1.52% | 1.77% | 1.60% |
| ▃▆██▆█▁▃ | Efficiency Ratio (%) | 58.2% | 62.3% | 64.9% | 63.6% | 61.2% | 64.6% | 54.6% | 57.5% |
| ██▅▄▃▂▁▁ | Cost of Funds (%) | 1.57% | 1.60% | 1.46% | 1.40% | 1.36% | 1.31% | 1.26% | 1.28% |
| ▇█▁█▂▂▅▄ | NPA / Assets (%) | 0.17% | 0.18% | 0.12% | 0.18% | 0.13% | 0.13% | 0.15% | 0.14% |
| ▅▇▁█▂▁▄▃ | Net Charge-Off Ratio (%) | 0.27% | 0.30% | 0.20% | 0.32% | 0.23% | 0.20% | 0.25% | 0.24% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $39 | $38 | $40 | $43 | $47 | $48 | $50 | $51 |
| █▆▄▁▁▂▂▁ | Gross Loans ($M) | $274 | $267 | $263 | $255 | $254 | $258 | $257 | $255 |
| ▂▄▃▁▁▄█▇ | Total Deposits ($M) | $384 | $392 | $388 | $380 | $382 | $394 | $410 | $403 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 7% |
| Consumer | 22% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 7% |