Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.74% | +0.46 | 0.28% |
| Return on Equity (%) | ▲ | 7.04% | +4.27 | 2.77% |
| Net Interest Margin (%) | ▲ | 2.77% | +0.28 | 2.49% |
| Efficiency Ratio (%) | ▲ | 84.38% | -7.43 | 91.80% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.86 | $1 |
| Cost of Funds (%) | ▲ | 2.03% | -0.12 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,121 | +37.12 | $1,084 |
| Gross Loans ($M) | ▲ | $900 | +32.86 | $867 |
| Loan Growth YoY (%) | ▲ | 101.42% | +1.47 | 99.95% |
| Total Deposits ($M) | ▲ | $878 | +18.63 | $859 |
| Shareholders Equity ($M) | ▲ | $120 | +10.08 | $110 |
| Tang. Book Value ($M) | ▲ | $120 | +10.08 | $110 |
| TBV excl. AOCI ($M)** | ▲ | $127 | +10.34 | $117 |
| Loan / Deposit Ratio (%) | ▲ | 101.42% | +1.47 | 99.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.63% | +0.02 | 0.61% |
| Allowance / Loans (%) | — | 1.04% | 0.12% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.02 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▇█ | Net Interest Margin (%) | 2.39% | 2.39% | 2.40% | 2.49% | 2.55% | 2.60% | 2.71% | 2.77% |
| ▅▄▁▃▄▄▄█ | Return on Assets (%) | 0.39% | 0.32% | 0.04% | 0.28% | 0.35% | 0.35% | 0.37% | 0.74% |
| ▆▅█▆▅▄▄▁ | Efficiency Ratio (%) | 91.6% | 90.8% | 95.3% | 91.8% | 90.1% | 89.7% | 89.4% | 84.4% |
| ██▆▄▄▃▁▁ | Cost of Funds (%) | 2.31% | 2.30% | 2.22% | 2.15% | 2.15% | 2.11% | 2.05% | 2.03% |
| ▁▃█▄▁▂▃▅ | NPA / Assets (%) | 0.55% | 0.59% | 0.70% | 0.61% | 0.56% | 0.57% | 0.60% | 0.63% |
| ▁▂█▄▁▁▃▅ | Net Charge-Off Ratio (%) | 0.69% | 0.73% | 0.88% | 0.77% | 0.70% | 0.71% | 0.74% | 0.79% |
| ▂▁▂▂▄▆▇█ | Tang. Book Value ($M) | $109 | $106 | $108 | $110 | $113 | $115 | $117 | $120 |
| ▁▂▁▂▇███ | Gross Loans ($M) | $861 | $867 | $865 | $867 | $893 | $898 | $898 | $900 |
| ▁▁▄▅████ | Total Deposits ($M) | $835 | $839 | $857 | $859 | $875 | $880 | $878 | $878 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 20% |