Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.61 | 0.06% |
| Return on Equity (%) | ▲ | 7.88% | +7.14 | 0.74% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.24 | 3.89% |
| Efficiency Ratio (%) | ▲ | 76.80% | -7.63 | 84.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $0 |
| Cost of Funds (%) | ▼ | 1.23% | +0.04 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $247 | +17.37 | $230 |
| Gross Loans ($M) | ▲ | $152 | +17.66 | $135 |
| Loan Growth YoY (%) | ▲ | 66.54% | +3.56 | 62.98% |
| Total Deposits ($M) | ▲ | $226 | +14.91 | $211 |
| Shareholders Equity ($M) | ▲ | $21 | +2.51 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +2.51 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.39 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 66.54% | +3.56 | 62.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.07 | 0.37% |
| Allowance / Loans (%) | — | 1.22% | 0.01% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.49% | -0.14 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇█▇█ | Net Interest Margin (%) | 3.44% | 3.49% | 3.80% | 3.89% | 3.99% | 4.07% | 3.99% | 4.14% |
| ▄▃▄▁▁▂▇█ | Return on Assets (%) | 0.26% | 0.24% | 0.32% | 0.06% | 0.00% | 0.14% | 0.57% | 0.66% |
| ██▇▅▄▄▁▁ | Efficiency Ratio (%) | 89.3% | 89.5% | 87.1% | 84.4% | 82.8% | 81.7% | 78.2% | 76.8% |
| █▇▁▁▃▅▂▂ | Cost of Funds (%) | 1.46% | 1.42% | 1.21% | 1.19% | 1.26% | 1.34% | 1.24% | 1.23% |
| ██▅▂▂▁▂▂ | NPA / Assets (%) | 1.07% | 1.06% | 0.67% | 0.37% | 0.37% | 0.17% | 0.31% | 0.30% |
| ██▅▂▂▁▂▂ | Net Charge-Off Ratio (%) | 1.91% | 1.82% | 1.18% | 0.63% | 0.61% | 0.28% | 0.52% | 0.49% |
| ▃▁▃▃▅▆██ | Tang. Book Value ($M) | $18 | $17 | $18 | $18 | $19 | $20 | $20 | $21 |
| ▁▃▂▃▄▅▅█ | Gross Loans ($M) | $129 | $135 | $133 | $135 | $140 | $141 | $143 | $152 |
| ▁▂▃▁▃▃▅█ | Total Deposits ($M) | $211 | $214 | $216 | $211 | $215 | $215 | $219 | $226 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 9% |