Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.40% | -0.17 | 2.57% |
| Return on Equity (%) | ▼ | 19.15% | -2.97 | 22.12% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.17 | 4.22% |
| Efficiency Ratio (%) | ▼ | 40.87% | +0.56 | 40.30% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.29 | $3 |
| Cost of Funds (%) | ▲ | 1.67% | -0.13 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $517 | +31.39 | $485 |
| Gross Loans ($M) | ▲ | $438 | +51.88 | $386 |
| Loan Growth YoY (%) | ▲ | 98.79% | +5.23 | 93.56% |
| Total Deposits ($M) | ▲ | $436 | +30.34 | $406 |
| Shareholders Equity ($M) | ▲ | $66 | +7.72 | $58 |
| Tang. Book Value ($M) | ▲ | $66 | +7.89 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +7.83 | $59 |
| Loan / Deposit Ratio (%) | ▲ | 98.79% | +5.23 | 93.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.26 | 0.23% |
| Allowance / Loans (%) | — | 1.74% | -0.05% | 1.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.28 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆██▇█ | Net Interest Margin (%) | 3.90% | 4.00% | 4.17% | 4.22% | 4.36% | 4.40% | 4.28% | 4.39% |
| ▃▁▇▆█▆▅▃ | Return on Assets (%) | 2.41% | 2.23% | 2.61% | 2.57% | 2.72% | 2.59% | 2.50% | 2.40% |
| ▄█▃▄▁▆▄▅ | Efficiency Ratio (%) | 40.4% | 42.8% | 39.8% | 40.3% | 38.1% | 41.3% | 39.9% | 40.9% |
| █▇▃▃▄▂▁▁ | Cost of Funds (%) | 2.04% | 1.95% | 1.77% | 1.79% | 1.81% | 1.72% | 1.65% | 1.67% |
| █▂▃▂▁▁▅▅ | NPA / Assets (%) | 0.73% | 0.26% | 0.31% | 0.23% | 0.14% | 0.21% | 0.46% | 0.49% |
| █▂▃▂▁▂▅▅ | Net Charge-Off Ratio (%) | 0.89% | 0.29% | 0.38% | 0.29% | 0.18% | 0.27% | 0.56% | 0.58% |
| ▁▁▂▃▅▆██ | Tang. Book Value ($M) | $54 | $53 | $56 | $58 | $60 | $62 | $64 | $66 |
| ▁▂▂▁▂▃▇█ | Gross Loans ($M) | $379 | $389 | $389 | $386 | $394 | $401 | $425 | $438 |
| ▁▂▁▂▄▆██ | Total Deposits ($M) | $400 | $406 | $398 | $406 | $416 | $423 | $433 | $436 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 11% |