Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.05 | 1.06% |
| Return on Equity (%) | ▼ | 10.40% | -1.06 | 11.46% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.06 | 3.49% |
| Efficiency Ratio (%) | ▲ | 61.91% | -1.77 | 63.68% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 0.66% | -0.05 | 0.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $273 | +10.77 | $262 |
| Gross Loans ($M) | ▲ | $115 | +5.55 | $110 |
| Loan Growth YoY (%) | ▲ | 47.12% | +0.82 | 46.30% |
| Total Deposits ($M) | ▲ | $242 | +7.69 | $235 |
| Shareholders Equity ($M) | ▲ | $30 | +4.96 | $25 |
| Tang. Book Value ($M) | ▲ | $30 | +4.96 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +5.38 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 47.12% | +0.82 | 46.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.05 | 0.23% |
| Allowance / Loans (%) | — | 1.10% | -0.05% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.44% | -0.12 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▅▁▄▆█▄█ | Net Interest Margin (%) | 3.47% | 3.49% | 3.43% | 3.49% | 3.52% | 3.54% | 3.48% | 3.55% |
| ██▃▁▅▄▇▃ | Return on Assets (%) | 1.20% | 1.22% | 1.11% | 1.06% | 1.14% | 1.13% | 1.18% | 1.11% |
| ▁▁▆█▅▅▄▅ | Efficiency Ratio (%) | 60.0% | 59.9% | 62.3% | 63.7% | 61.9% | 62.1% | 61.6% | 61.9% |
| ▃▅▆█▁▂▄▄ | Cost of Funds (%) | 0.64% | 0.67% | 0.68% | 0.71% | 0.61% | 0.62% | 0.65% | 0.66% |
| ▁█▇▇▆▄▃▃ | NPA / Assets (%) | 0.16% | 0.25% | 0.24% | 0.23% | 0.22% | 0.20% | 0.19% | 0.18% |
| ▁█▇▆▅▃▂▂ | Net Charge-Off Ratio (%) | 0.40% | 0.64% | 0.61% | 0.55% | 0.54% | 0.49% | 0.45% | 0.44% |
| ▆▁▃▂▇█▇█ | Tang. Book Value ($M) | $28 | $23 | $25 | $25 | $28 | $29 | $29 | $30 |
| ▁▁▂▅▆▇▇█ | Gross Loans ($M) | $103 | $103 | $106 | $110 | $111 | $113 | $113 | $115 |
| ▁▄▇▃▅▇█▇ | Total Deposits ($M) | $231 | $236 | $242 | $235 | $238 | $242 | $245 | $242 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 14% |