Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.24 | 1.24% |
| Return on Equity (%) | ▲ | 13.95% | +0.93 | 13.02% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.37 | 3.05% |
| Efficiency Ratio (%) | ▲ | 56.98% | -1.66 | 58.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 1.71% | -0.16 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $362 | +12.15 | $350 |
| Gross Loans ($M) | ▲ | $241 | +13.75 | $227 |
| Loan Growth YoY (%) | ▲ | 75.65% | +0.60 | 75.05% |
| Total Deposits ($M) | ▲ | $314 | +15.46 | $299 |
| Shareholders Equity ($M) | ▲ | $39 | +4.99 | $34 |
| Tang. Book Value ($M) | ▲ | $39 | +4.99 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +5.04 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 75.65% | +0.60 | 75.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Allowance / Loans (%) | — | 1.28% | 0.04% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.03 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▅██ | Net Interest Margin (%) | 2.73% | 2.81% | 3.04% | 3.05% | 3.09% | 3.15% | 3.38% | 3.42% |
| ▁▁▅▄▅▅██ | Return on Assets (%) | 1.01% | 0.97% | 1.31% | 1.24% | 1.28% | 1.27% | 1.53% | 1.48% |
| ▆█▂▄▃▃▁▂ | Efficiency Ratio (%) | 61.5% | 63.8% | 56.5% | 58.6% | 57.5% | 58.1% | 55.3% | 57.0% |
| █▇▃▅▅▅▃▁ | Cost of Funds (%) | 1.96% | 1.92% | 1.80% | 1.87% | 1.85% | 1.85% | 1.78% | 1.71% |
| ▄▁▂▁▁█▃▁ | NPA / Assets (%) | 0.08% | 0.03% | 0.04% | 0.04% | 0.03% | 0.16% | 0.06% | 0.02% |
| ▄▁▂▂▁█▂▁ | Net Charge-Off Ratio (%) | 0.13% | 0.04% | 0.06% | 0.06% | 0.05% | 0.24% | 0.06% | 0.03% |
| ▃▁▂▃▆▇▇█ | Tang. Book Value ($M) | $34 | $31 | $33 | $34 | $37 | $38 | $38 | $39 |
| ▁▁▂▂▄▅▇█ | Gross Loans ($M) | $223 | $225 | $227 | $227 | $230 | $233 | $238 | $241 |
| ▁▂▁▃▇█▆▇ | Total Deposits ($M) | $292 | $295 | $291 | $299 | $312 | $319 | $310 | $314 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 4% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 10% |