Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.55% | +0.12 | 1.44% |
| Return on Equity (%) | ▲ | 14.21% | +0.59 | 13.62% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.18 | 3.70% |
| Efficiency Ratio (%) | ▲ | 47.69% | -3.72 | 51.41% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.29 | $3 |
| Cost of Funds (%) | ▲ | 1.43% | -0.18 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $566 | +24.59 | $542 |
| Gross Loans ($M) | ▼ | $311 | -3.81 | $315 |
| Loan Growth YoY (%) | ▼ | 60.84% | -3.49 | 64.33% |
| Total Deposits ($M) | ▲ | $503 | +20.92 | $482 |
| Shareholders Equity ($M) | ▲ | $61 | +3.61 | $57 |
| Tang. Book Value ($M) | ▲ | $61 | +3.61 | $57 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +4.04 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 60.84% | -3.49 | 64.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.09 | 0.20% |
| Allowance / Loans (%) | — | 1.51% | 0.11% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.15 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▆█ | Net Interest Margin (%) | 3.48% | 3.49% | 3.59% | 3.70% | 3.74% | 3.78% | 3.78% | 3.88% |
| ▁▁▁▄▄▅██ | Return on Assets (%) | 1.35% | 1.35% | 1.33% | 1.44% | 1.44% | 1.46% | 1.53% | 1.55% |
| ▆▇█▅▅▄▁▁ | Efficiency Ratio (%) | 52.1% | 52.5% | 53.8% | 51.4% | 51.3% | 50.7% | 47.8% | 47.7% |
| ██▅▅▆▄▂▁ | Cost of Funds (%) | 1.78% | 1.77% | 1.63% | 1.61% | 1.66% | 1.60% | 1.49% | 1.43% |
| █▇▁▃▃▁▂▁ | NPA / Assets (%) | 0.46% | 0.38% | 0.10% | 0.20% | 0.21% | 0.14% | 0.16% | 0.11% |
| █▃▁▃▃▁▂▁ | Net Charge-Off Ratio (%) | 0.85% | 0.41% | 0.18% | 0.35% | 0.36% | 0.24% | 0.28% | 0.20% |
| ▄▁▄▄█▇█▇ | Tang. Book Value ($M) | $57 | $54 | $57 | $57 | $61 | $60 | $62 | $61 |
| ▁▆▇██▇█▇ | Gross Loans ($M) | $285 | $306 | $309 | $315 | $314 | $312 | $316 | $311 |
| ▁▂▃▄▂▅▇█ | Total Deposits ($M) | $469 | $476 | $479 | $482 | $476 | $489 | $498 | $503 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 12% |