Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.42% | +0.23 | 0.19% |
| Return on Equity (%) | ▲ | 3.98% | +2.29 | 1.69% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.25 | 2.88% |
| Efficiency Ratio (%) | ▲ | 83.79% | -6.79 | 90.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $0 |
| Cost of Funds (%) | ▲ | 2.44% | -0.26 | 2.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $492 | +33.52 | $458 |
| Gross Loans ($M) | ▲ | $414 | +14.90 | $399 |
| Loan Growth YoY (%) | ▼ | 94.34% | -9.34 | 103.69% |
| Total Deposits ($M) | ▲ | $434 | +53.49 | $380 |
| Shareholders Equity ($M) | ▲ | $52 | +1.57 | $50 |
| Tang. Book Value ($M) | ▲ | $52 | +1.57 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +1.72 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 94.34% | -9.34 | 103.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.03 | 0.01% |
| Allowance / Loans (%) | — | 1.08% | -0.05% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.04 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.70% | -0.36 | 12.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▆▇██ | Net Interest Margin (%) | 2.34% | 2.40% | 2.81% | 2.88% | 2.91% | 2.97% | 3.06% | 3.13% |
| ▁▁▁▂▃▃▇█ | Return on Assets (%) | 0.13% | 0.16% | 0.15% | 0.19% | 0.21% | 0.22% | 0.37% | 0.42% |
| █▇▇▆▅▃▁▁ | Efficiency Ratio (%) | 94.1% | 92.6% | 92.7% | 90.6% | 89.4% | 87.1% | 83.2% | 83.8% |
| █▅▃▄▄▂▁▁ | Cost of Funds (%) | 3.15% | 2.84% | 2.61% | 2.70% | 2.73% | 2.53% | 2.38% | 2.44% |
| ▄▁▁▁█▅▄▂ | NPA / Assets (%) | 0.10% | 0.02% | 0.01% | 0.01% | 0.19% | 0.12% | 0.09% | 0.04% |
| ▅▁▁▁█▅▄▂ | Net Charge-Off Ratio (%) | 0.12% | 0.02% | 0.02% | 0.01% | 0.22% | 0.14% | 0.10% | 0.05% |
| ▁▁▄▁▄▅▆█ | Tang. Book Value ($M) | $50 | $50 | $51 | $50 | $51 | $51 | $51 | $52 |
| ▁▁▂▆████ | Gross Loans ($M) | $370 | $369 | $379 | $399 | $411 | $416 | $414 | $414 |
| ▂▁▂▂▆▇██ | Total Deposits ($M) | $373 | $363 | $377 | $380 | $412 | $417 | $427 | $434 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 33% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 35% |