Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.34 | 1.07% |
| Return on Equity (%) | ▲ | 10.87% | +2.50 | 8.37% |
| Net Interest Margin (%) | ▲ | 4.48% | +0.43 | 4.06% |
| Efficiency Ratio (%) | ▲ | 60.66% | -4.96 | 65.61% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.25 | $2 |
| Cost of Funds (%) | ▲ | 1.73% | -0.15 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $372 | +22.74 | $349 |
| Gross Loans ($M) | ▲ | $309 | +32.54 | $276 |
| Loan Growth YoY (%) | ▲ | 100.46% | +6.38 | 94.08% |
| Total Deposits ($M) | ▲ | $304 | +13.32 | $290 |
| Shareholders Equity ($M) | ▲ | $49 | +3.93 | $45 |
| Tang. Book Value ($M) | ▲ | $49 | +3.93 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +3.69 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 100.46% | +6.38 | 94.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.90% | +0.85 | 0.05% |
| Allowance / Loans (%) | — | 1.31% | 0.07% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 1.09% | +1.08 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▅▆▇█ | Net Interest Margin (%) | 3.86% | 3.94% | 3.83% | 4.06% | 4.19% | 4.28% | 4.38% | 4.48% |
| ▃▄▁▄▆▆▇█ | Return on Assets (%) | 1.03% | 1.09% | 0.84% | 1.07% | 1.23% | 1.24% | 1.28% | 1.41% |
| ▆▅█▄▂▁▂▁ | Efficiency Ratio (%) | 68.4% | 66.8% | 72.3% | 65.6% | 63.3% | 61.9% | 63.4% | 60.7% |
| ▃▄▆█▃▄▁▁ | Cost of Funds (%) | 1.76% | 1.79% | 1.84% | 1.88% | 1.77% | 1.79% | 1.72% | 1.73% |
| ▁▂▁▁▁█▇▇ | NPA / Assets (%) | 0.13% | 0.16% | 0.10% | 0.05% | 0.00% | 1.15% | 0.94% | 0.90% |
| ▁▁▁▁▁█▇▇ | Net Charge-Off Ratio (%) | 0.15% | 0.10% | 0.03% | 0.00% | 0.00% | 1.42% | 1.17% | 1.09% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $43 | $43 | $44 | $45 | $46 | $47 | $48 | $49 |
| ▁▂▂▄▅▆▇█ | Gross Loans ($M) | $253 | $261 | $267 | $276 | $286 | $293 | $297 | $309 |
| ▁▁▆▅▇▅▇█ | Total Deposits ($M) | $272 | $273 | $295 | $290 | $297 | $290 | $298 | $304 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 19% |