Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.35% | +0.14 | 0.21% |
| Return on Equity (%) | ▲ | 4.43% | +1.80 | 2.63% |
| Net Interest Margin (%) | ▲ | 2.98% | +0.35 | 2.63% |
| Efficiency Ratio (%) | ▲ | 93.16% | -0.82 | 93.98% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.66 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.11 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $745 | +0.66 | $744 |
| Gross Loans ($M) | ▼ | $518 | -13.34 | $532 |
| Loan Growth YoY (%) | ▼ | 88.09% | -0.64 | 88.73% |
| Total Deposits ($M) | ▼ | $582 | -9.60 | $591 |
| Shareholders Equity ($M) | ▼ | $59 | -2.76 | $62 |
| Tang. Book Value ($M) | ▼ | $59 | -2.73 | $62 |
| TBV excl. AOCI ($M)** | ▼ | $67 | -2.42 | $70 |
| Loan / Deposit Ratio (%) | ▼ | 88.09% | -0.64 | 88.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.24% | -0.77 | 2.02% |
| Allowance / Loans (%) | — | 1.19% | -0.18% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.50% | -1.90 | 2.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.63% | -1.24 | 14.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄██ | Net Interest Margin (%) | 2.47% | 2.48% | 2.50% | 2.63% | 2.69% | 2.75% | 3.03% | 2.98% |
| ▅▄▅▇▄▁██ | Return on Assets (%) | -0.13% | -0.18% | -0.16% | 0.21% | -0.19% | -0.71% | 0.24% | 0.35% |
| ▄▄█▃▂▂▁▂ | Efficiency Ratio (%) | 97.3% | 96.9% | 104.8% | 94.0% | 91.9% | 93.6% | 90.0% | 93.2% |
| ██▇▄▄▄▁▁ | Cost of Funds (%) | 2.07% | 2.07% | 1.98% | 1.83% | 1.85% | 1.84% | 1.69% | 1.72% |
| ▅▅▅▅█▁▂▁ | NPA / Assets (%) | 2.02% | 2.04% | 2.02% | 2.02% | 2.59% | 1.35% | 1.42% | 1.24% |
| ▇▇▇▆█▄▄▁ | Net Charge-Off Ratio (%) | 2.81% | 2.82% | 2.82% | 2.40% | 3.20% | 1.58% | 1.68% | 0.50% |
| █▁▄▆▆▁▁▂ | Tang. Book Value ($M) | $63 | $59 | $60 | $62 | $62 | $59 | $58 | $59 |
| █▆▆▅▆▄▁▁ | Gross Loans ($M) | $543 | $536 | $537 | $532 | $536 | $529 | $518 | $518 |
| ▆█▇▆▁▂▄▄ | Total Deposits ($M) | $593 | $604 | $597 | $591 | $566 | $571 | $583 | $582 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 17% |