Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.21 | 0.87% |
| Return on Equity (%) | ▲ | 15.13% | +1.01 | 14.12% |
| Net Interest Margin (%) | ▲ | 3.12% | +0.24 | 2.88% |
| Efficiency Ratio (%) | ▲ | 54.99% | -4.89 | 59.89% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.05 | $2 |
| Cost of Funds (%) | ▲ | 2.81% | -0.36 | 3.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $561 | +21.73 | $539 |
| Gross Loans ($M) | ▲ | $443 | +16.53 | $427 |
| Loan Growth YoY (%) | ▼ | 92.73% | -2.00 | 94.74% |
| Total Deposits ($M) | ▲ | $476 | +27.41 | $448 |
| Shareholders Equity ($M) | ▲ | $42 | +7.32 | $34 |
| Tang. Book Value ($M) | ▲ | $42 | +7.32 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +7.16 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 92.73% | -2.00 | 94.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.74% | +0.63 | 0.11% |
| Allowance / Loans (%) | — | 0.51% | 0.00% | 0.51% |
| Net Charge-Off Ratio (%) | ▼ | 0.93% | +0.79 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.73% | +0.89 | 10.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▆▇██ | Net Interest Margin (%) | 2.22% | 2.34% | 2.79% | 2.88% | 2.87% | 2.91% | 3.10% | 3.12% |
| ▁▂▄▅▆▆█▇ | Return on Assets (%) | 0.44% | 0.57% | 0.80% | 0.87% | 0.94% | 0.94% | 1.20% | 1.08% |
| █▇▅▄▃▃▁▂ | Efficiency Ratio (%) | 74.3% | 70.8% | 63.9% | 59.9% | 57.3% | 58.3% | 50.8% | 55.0% |
| █▇▆▅▅▃▁▁ | Cost of Funds (%) | 3.48% | 3.33% | 3.23% | 3.17% | 3.18% | 3.00% | 2.75% | 2.81% |
| ▁▁▂▁▄▁▅█ | NPA / Assets (%) | 0.04% | 0.11% | 0.21% | 0.11% | 0.37% | 0.12% | 0.41% | 0.74% |
| ▁▁▃▁▄▁▅█ | Net Charge-Off Ratio (%) | 0.05% | 0.14% | 0.27% | 0.14% | 0.47% | 0.15% | 0.53% | 0.93% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $32 | $31 | $33 | $34 | $37 | $39 | $40 | $42 |
| ▁▄▅▆▇███ | Gross Loans ($M) | $393 | $415 | $421 | $427 | $434 | $439 | $441 | $443 |
| ▁▃▅▅▆▇█▇ | Total Deposits ($M) | $406 | $433 | $447 | $448 | $461 | $471 | $486 | $476 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 20% |