Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.11 | 0.92% |
| Return on Equity (%) | ▲ | 9.73% | +1.00 | 8.73% |
| Net Interest Margin (%) | ▼ | 3.34% | -0.01 | 3.35% |
| Efficiency Ratio (%) | ▲ | 59.55% | -4.36 | 63.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▼ | 1.81% | +0.07 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $283 | +37.06 | $246 |
| Gross Loans ($M) | ▲ | $182 | +1.29 | $181 |
| Loan Growth YoY (%) | ▼ | 71.57% | -12.97 | 84.53% |
| Total Deposits ($M) | ▲ | $251 | +39.77 | $211 |
| Shareholders Equity ($M) | ▲ | $30 | +3.07 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +3.07 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.38 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 71.57% | -12.97 | 84.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | 0.10% | 1.28% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.28% | +1.78 | 17.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▇██▇▇ | Net Interest Margin (%) | 2.91% | 2.95% | 3.28% | 3.35% | 3.42% | 3.46% | 3.35% | 3.34% |
| ▁▂▄▅▆█▇█ | Return on Assets (%) | 0.74% | 0.79% | 0.88% | 0.92% | 0.96% | 1.02% | 0.97% | 1.03% |
| █▇▇▆▅▃▃▁ | Efficiency Ratio (%) | 66.4% | 64.7% | 64.7% | 63.9% | 63.5% | 61.7% | 61.8% | 59.5% |
| ▅█▂▁▄▁▃▅ | Cost of Funds (%) | 1.82% | 1.88% | 1.76% | 1.74% | 1.80% | 1.73% | 1.78% | 1.81% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $25 | $25 | $26 | $27 | $27 | $28 | $29 | $30 |
| ▁▁▂▆▆█▇▆ | Gross Loans ($M) | $171 | $173 | $174 | $181 | $181 | $186 | $183 | $182 |
| ▁▃▂▁▂▆▇█ | Total Deposits ($M) | $205 | $217 | $214 | $211 | $216 | $239 | $240 | $251 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 18% |