Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.37 | 0.68% |
| Return on Equity (%) | ▲ | 11.40% | +2.99 | 8.41% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.50 | 3.52% |
| Efficiency Ratio (%) | ▲ | 73.69% | -6.58 | 80.27% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.07% | -0.12 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +3.53 | $137 |
| Gross Loans ($M) | ▲ | $78 | +2.58 | $75 |
| Loan Growth YoY (%) | ▲ | 61.27% | +0.32 | 60.96% |
| Total Deposits ($M) | ▲ | $125 | +3.74 | $121 |
| Shareholders Equity ($M) | ▲ | $13 | +1.73 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.78 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.86 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 61.27% | +0.32 | 60.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.48 | 0.49% |
| Allowance / Loans (%) | — | 1.30% | -0.17% | 1.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.87 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▅▆▇█ | Net Interest Margin (%) | 3.25% | 3.26% | 3.52% | 3.52% | 3.70% | 3.75% | 3.90% | 4.01% |
| ▁▁▂▂▅▇██ | Return on Assets (%) | 0.62% | 0.64% | 0.70% | 0.68% | 0.85% | 0.98% | 1.06% | 1.05% |
| ██▇▇▄▄▁▂ | Efficiency Ratio (%) | 81.5% | 81.3% | 79.6% | 80.3% | 76.9% | 76.1% | 72.5% | 73.7% |
| ██▃▃▄▃▁▁ | Cost of Funds (%) | 1.43% | 1.38% | 1.20% | 1.19% | 1.23% | 1.17% | 1.11% | 1.07% |
| ▃▂▁█▄▁▁▁ | NPA / Assets (%) | 0.18% | 0.12% | 0.00% | 0.49% | 0.22% | 0.00% | 0.00% | 0.02% |
| ▃▂▁█▄▁▁▁ | Net Charge-Off Ratio (%) | 0.33% | 0.21% | 0.00% | 0.90% | 0.40% | 0.00% | 0.00% | 0.03% |
| ▄▁▃▂▇███ | Tang. Book Value ($M) | $12 | $11 | $11 | $11 | $13 | $13 | $13 | $13 |
| █▅▃▁██▇█ | Gross Loans ($M) | $77 | $77 | $76 | $75 | $78 | $78 | $77 | $78 |
| ▇▇▁▂██▆▇ | Total Deposits ($M) | $125 | $125 | $120 | $121 | $126 | $126 | $124 | $125 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 8% |