Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.76% | -0.01 | 1.77% |
| Return on Equity (%) | ▼ | 12.63% | -1.27 | 13.90% |
| Net Interest Margin (%) | ▲ | 5.04% | +0.04 | 4.99% |
| Efficiency Ratio (%) | ▼ | 52.29% | +0.62 | 51.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▼ | 1.11% | +0.00 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $169 | +0.61 | $168 |
| Gross Loans ($M) | ▲ | $115 | +6.46 | $109 |
| Loan Growth YoY (%) | ▲ | 79.62% | +5.60 | 74.02% |
| Total Deposits ($M) | ▼ | $143 | -2.28 | $145 |
| Shareholders Equity ($M) | ▲ | $24 | +2.81 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.81 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +2.73 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 79.62% | +5.60 | 74.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.14 | 0.15% |
| Allowance / Loans (%) | — | 1.43% | 0.07% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.21 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆██▃▇ | Net Interest Margin (%) | 4.75% | 4.80% | 4.91% | 4.99% | 5.05% | 5.08% | 4.85% | 5.04% |
| ▁▁▅▇██▅▇ | Return on Assets (%) | 1.56% | 1.53% | 1.70% | 1.77% | 1.83% | 1.82% | 1.68% | 1.76% |
| ██▄▂▁▁▄▃ | Efficiency Ratio (%) | 55.0% | 55.6% | 52.8% | 51.7% | 50.7% | 50.7% | 52.6% | 52.3% |
| █▇▂▁▃▃▁▁ | Cost of Funds (%) | 1.28% | 1.25% | 1.13% | 1.10% | 1.15% | 1.14% | 1.09% | 1.11% |
| ▁▁███▁▁▁ | NPA / Assets (%) | 0.02% | 0.00% | 0.15% | 0.15% | 0.16% | 0.01% | 0.01% | 0.02% |
| ▁▁███▁▁▁ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.23% | 0.24% | 0.24% | 0.02% | 0.02% | 0.02% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $20 | $20 | $21 | $22 | $23 | $23 | $24 | $24 |
| ▁▂▄▆████ | Gross Loans ($M) | $97 | $101 | $105 | $109 | $114 | $114 | $114 | $115 |
| ▁▁▆▇██▇▆ | Total Deposits ($M) | $134 | $134 | $142 | $145 | $146 | $147 | $145 | $143 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 7% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 13% |