Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.15% | -0.38 | 0.53% |
| Return on Equity (%) | ▼ | 1.63% | -5.40 | 7.03% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.31 | 3.76% |
| Efficiency Ratio (%) | ▲ | 73.86% | -5.27 | 79.12% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.56 | $1 |
| Cost of Funds (%) | ▼ | 1.06% | +0.03 | 1.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $402 | +7.06 | $395 |
| Gross Loans ($M) | ▲ | $293 | +26.43 | $266 |
| Loan Growth YoY (%) | ▲ | 86.62% | +7.91 | 78.71% |
| Total Deposits ($M) | ▼ | $333 | -0.17 | $334 |
| Shareholders Equity ($M) | ▲ | $43 | +11.84 | $31 |
| Tang. Book Value ($M) | ▲ | $43 | +11.84 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +10.88 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 86.62% | +7.91 | 78.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.11 | 0.23% |
| Allowance / Loans (%) | — | 1.25% | -0.05% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.18 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.52% | +2.33 | 13.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▄▅▅▄█ | Net Interest Margin (%) | 3.51% | 3.60% | 3.63% | 3.76% | 3.80% | 3.83% | 3.72% | 4.07% |
| ▆▇▃▆██▆▁ | Return on Assets (%) | 0.51% | 0.59% | 0.31% | 0.53% | 0.62% | 0.68% | 0.49% | 0.15% |
| ▆▄█▅▃▂▇▁ | Efficiency Ratio (%) | 79.9% | 78.2% | 82.9% | 79.1% | 77.0% | 75.3% | 81.5% | 73.9% |
| █▁▁▃▅▇▅▄ | Cost of Funds (%) | 1.19% | 0.98% | 0.96% | 1.04% | 1.09% | 1.15% | 1.08% | 1.06% |
| ▅▆▅▅█▆▅▁ | NPA / Assets (%) | 0.24% | 0.28% | 0.24% | 0.23% | 0.33% | 0.26% | 0.23% | 0.12% |
| ▅▇▆▅█▆▅▁ | Net Charge-Off Ratio (%) | 0.37% | 0.42% | 0.38% | 0.34% | 0.49% | 0.37% | 0.35% | 0.17% |
| ▁▁▁▂▃▃▄█ | Tang. Book Value ($M) | $29 | $28 | $30 | $31 | $32 | $33 | $34 | $43 |
| ▁▂▂▄▅▇▆█ | Gross Loans ($M) | $247 | $258 | $258 | $266 | $272 | $285 | $280 | $293 |
| ▁▂▃▁▃▃█▁ | Total Deposits ($M) | $335 | $337 | $338 | $334 | $340 | $338 | $351 | $333 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 21% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 2% |