Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.46% | -0.02 | 1.48% |
| Return on Equity (%) | ▼ | 14.53% | -1.67 | 16.20% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.02 | 4.02% |
| Efficiency Ratio (%) | ▼ | 56.43% | +1.16 | 55.27% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▼ | 1.60% | +0.03 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $178 | +10.88 | $167 |
| Gross Loans ($M) | ▲ | $120 | +9.36 | $111 |
| Loan Growth YoY (%) | ▲ | 79.88% | +3.03 | 76.85% |
| Total Deposits ($M) | ▲ | $150 | +6.26 | $143 |
| Shareholders Equity ($M) | ▲ | $18 | +2.58 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +2.58 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.54 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 79.88% | +3.03 | 76.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.26% | +1.25 | 0.01% |
| Allowance / Loans (%) | — | 0.53% | -0.03% | 0.56% |
| Net Charge-Off Ratio (%) | ▼ | 1.87% | +1.85 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.02% | +0.24 | 18.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇█▅▇ | Net Interest Margin (%) | 3.78% | 3.76% | 3.93% | 4.02% | 4.07% | 4.12% | 3.96% | 4.04% |
| ▁▂▃▅██▇▅ | Return on Assets (%) | 1.29% | 1.35% | 1.39% | 1.48% | 1.60% | 1.61% | 1.57% | 1.46% |
| ██▇▅▁▁▁▆ | Efficiency Ratio (%) | 57.9% | 57.4% | 56.8% | 55.3% | 52.3% | 52.8% | 52.4% | 56.4% |
| ██▁▁▁▃▄▁ | Cost of Funds (%) | 1.84% | 1.87% | 1.57% | 1.57% | 1.60% | 1.64% | 1.70% | 1.60% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.03% | 0.01% | 0.05% | 0.01% | 0.00% | 0.00% | 0.16% | 1.26% |
| ▁▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.04% | 0.02% | 0.08% | 0.02% | 0.00% | 0.00% | 0.24% | 1.87% |
| ▂▁▂▃▅▇▇█ | Tang. Book Value ($M) | $15 | $14 | $15 | $16 | $17 | $18 | $18 | $18 |
| ▁▂▃▅▆███ | Gross Loans ($M) | $101 | $104 | $107 | $111 | $115 | $118 | $120 | $120 |
| ▁▁▅▅▅▄██ | Total Deposits ($M) | $134 | $134 | $142 | $143 | $143 | $142 | $150 | $150 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 7% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 18% |