Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.14% | +0.46 | 1.68% |
| Return on Equity (%) | ▲ | 24.07% | +4.25 | 19.82% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.09 | 3.65% |
| Efficiency Ratio (%) | ▲ | 40.43% | -9.01 | 49.44% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.77 | $4 |
| Cost of Funds (%) | ▲ | 2.77% | -0.19 | 2.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $976 | +188.23 | $787 |
| Gross Loans ($M) | ▲ | $859 | +160.76 | $698 |
| Loan Growth YoY (%) | ▼ | 100.11% | -2.84 | 102.95% |
| Total Deposits ($M) | ▲ | $847 | +178.26 | $669 |
| Shareholders Equity ($M) | ▲ | $89 | +19.59 | $69 |
| Tang. Book Value ($M) | ▲ | $85 | +20.02 | $65 |
| TBV excl. AOCI ($M)** | ▲ | $89 | +21.31 | $68 |
| Loan / Deposit Ratio (%) | ▼ | 100.11% | -2.84 | 102.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.25% | -0.11% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.00 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇██▇█ | Net Interest Margin (%) | 3.04% | 3.14% | 3.53% | 3.65% | 3.74% | 3.78% | 3.65% | 3.74% |
| ▁▁▄▆▇▇██ | Return on Assets (%) | 0.91% | 1.01% | 1.45% | 1.68% | 1.84% | 1.93% | 2.09% | 2.14% |
| ██▃▃▂▂▁▁ | Efficiency Ratio (%) | 68.6% | 65.5% | 50.7% | 49.4% | 47.3% | 46.1% | 42.7% | 40.4% |
| █▆▂▄▄▁▂▁ | Cost of Funds (%) | 3.27% | 3.12% | 2.87% | 2.96% | 2.95% | 2.74% | 2.83% | 2.77% |
| █▆▃▁▃▁▄▁ | NPA / Assets (%) | 0.07% | 0.06% | 0.03% | 0.02% | 0.04% | 0.02% | 0.04% | 0.02% |
| █▆▃▁▃▁▄▁ | Net Charge-Off Ratio (%) | 0.08% | 0.06% | 0.03% | 0.02% | 0.04% | 0.02% | 0.05% | 0.02% |
| ▁▁▁▃▄▅██ | Tang. Book Value ($M) | $56 | $56 | $58 | $65 | $68 | $71 | $82 | $85 |
| ▁▁▃▄▅▇▇█ | Gross Loans ($M) | $591 | $619 | $675 | $698 | $745 | $795 | $812 | $859 |
| ▁▂▃▃▄▅██ | Total Deposits ($M) | $586 | $636 | $653 | $669 | $706 | $735 | $820 | $847 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 21% |