Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.03 | 1.12% |
| Return on Equity (%) | ▲ | 7.63% | +0.10 | 7.53% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.12 | 4.34% |
| Efficiency Ratio (%) | ▲ | 65.20% | -1.55 | 66.76% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.20 | $2 |
| Cost of Funds (%) | ▲ | 0.86% | -0.15 | 1.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $463 | +21.01 | $442 |
| Gross Loans ($M) | ▲ | $304 | +16.21 | $288 |
| Loan Growth YoY (%) | ▲ | 76.88% | +0.81 | 76.07% |
| Total Deposits ($M) | ▲ | $391 | +17.54 | $374 |
| Shareholders Equity ($M) | ▲ | $69 | +3.36 | $66 |
| Tang. Book Value ($M) | ▲ | $69 | +3.36 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +4.08 | $69 |
| Loan / Deposit Ratio (%) | ▲ | 76.88% | +0.81 | 76.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.72% | +0.85 | 0.87% |
| Allowance / Loans (%) | — | 1.02% | -0.17% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 2.63% | +1.46 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.56% | +0.41 | 22.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▆▁▄██▁▇ | Net Interest Margin (%) | 4.33% | 4.42% | 4.24% | 4.34% | 4.47% | 4.50% | 4.27% | 4.46% |
| ▇█▂▄▇▄▁▄ | Return on Assets (%) | 1.27% | 1.35% | 1.02% | 1.12% | 1.26% | 1.15% | 0.97% | 1.15% |
| ▂▁█▄▁▄▅▂ | Efficiency Ratio (%) | 65.7% | 64.0% | 71.0% | 66.8% | 64.1% | 66.8% | 68.3% | 65.2% |
| ▅▄▆█▇▆█▁ | Cost of Funds (%) | 0.93% | 0.91% | 0.97% | 1.01% | 0.99% | 0.95% | 0.99% | 0.86% |
| ▂▂▁▁▁▃██ | NPA / Assets (%) | 0.97% | 0.97% | 0.90% | 0.87% | 0.82% | 1.11% | 1.68% | 1.72% |
| ▃▂▁▁▁▄██ | Net Charge-Off Ratio (%) | 1.50% | 1.25% | 1.00% | 1.17% | 1.06% | 1.65% | 2.55% | 2.63% |
| ▁▁▃▄▆▇▇█ | Tang. Book Value ($M) | $63 | $64 | $65 | $66 | $67 | $68 | $68 | $69 |
| ▁▂▃▄▇█▇█ | Gross Loans ($M) | $274 | $280 | $284 | $288 | $300 | $300 | $299 | $304 |
| ▁▁▅▅▅▆▆█ | Total Deposits ($M) | $358 | $354 | $374 | $374 | $377 | $378 | $381 | $391 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 9% |