Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.14% | +0.46 | 1.68% |
| Return on Equity (%) | ▲ | 18.31% | +2.57 | 15.74% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.28 | 3.65% |
| Efficiency Ratio (%) | ▲ | 46.30% | -3.63 | 49.93% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.26 | $2 |
| Cost of Funds (%) | ▲ | 1.63% | -0.06 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $461 | -8.55 | $470 |
| Gross Loans ($M) | ▲ | $314 | +15.09 | $299 |
| Loan Growth YoY (%) | ▲ | 76.94% | +6.31 | 70.63% |
| Total Deposits ($M) | ▼ | $403 | -15.04 | $418 |
| Shareholders Equity ($M) | ▲ | $58 | +6.67 | $51 |
| Tang. Book Value ($M) | ▲ | $58 | +6.67 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $62 | +6.56 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 76.94% | +6.31 | 70.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.05 | 0.04% |
| Allowance / Loans (%) | — | 1.24% | 0.03% | 1.21% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▆▆▇█ | Net Interest Margin (%) | 3.42% | 3.41% | 3.57% | 3.65% | 3.74% | 3.76% | 3.81% | 3.93% |
| ▁▁▁▃▄▂██ | Return on Assets (%) | 1.54% | 1.51% | 1.57% | 1.68% | 1.80% | 1.64% | 2.09% | 2.14% |
| ██▆▅▄█▁▁ | Efficiency Ratio (%) | 52.6% | 53.2% | 51.2% | 49.9% | 48.8% | 53.4% | 45.6% | 46.3% |
| ▇▅█▇█▁▃▄ | Cost of Funds (%) | 1.71% | 1.66% | 1.73% | 1.69% | 1.73% | 1.55% | 1.61% | 1.63% |
| ▁▁▅▂▆▆██ | NPA / Assets (%) | 0.03% | 0.03% | 0.06% | 0.04% | 0.07% | 0.07% | 0.09% | 0.09% |
| ▁▁▆▂▆▆██ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.10% | 0.06% | 0.10% | 0.10% | 0.13% | 0.13% |
| ▁▁▂▃▆▆▇█ | Tang. Book Value ($M) | $49 | $48 | $50 | $51 | $54 | $55 | $56 | $58 |
| ▁▂▄▅▆███ | Gross Loans ($M) | $271 | $278 | $289 | $299 | $305 | $320 | $314 | $314 |
| ▁▆▄▅▅█▅▄ | Total Deposits ($M) | $374 | $420 | $405 | $418 | $414 | $446 | $418 | $403 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 5% |