Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.21 | 0.76% |
| Return on Equity (%) | ▲ | 8.13% | +1.53 | 6.60% |
| Net Interest Margin (%) | ▲ | 3.08% | +0.23 | 2.86% |
| Efficiency Ratio (%) | ▲ | 55.63% | -5.52 | 61.15% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.45 | $2 |
| Cost of Funds (%) | ▲ | 1.83% | -0.01 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $704 | +38.91 | $665 |
| Gross Loans ($M) | ▲ | $450 | +10.22 | $440 |
| Loan Growth YoY (%) | ▼ | 72.07% | -2.45 | 74.52% |
| Total Deposits ($M) | ▲ | $617 | +33.62 | $584 |
| Shareholders Equity ($M) | ▲ | $83 | +5.36 | $78 |
| Tang. Book Value ($M) | ▲ | $83 | +5.36 | $78 |
| TBV excl. AOCI ($M)** | ▲ | $91 | +5.25 | $86 |
| Loan / Deposit Ratio (%) | ▼ | 72.07% | -2.45 | 74.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.17% | 0.03% | 1.14% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆█▆█ | Net Interest Margin (%) | 2.64% | 2.68% | 2.67% | 2.86% | 2.97% | 3.05% | 2.94% | 3.08% |
| ▂▁▄▄▆▆██ | Return on Assets (%) | 0.61% | 0.51% | 0.73% | 0.76% | 0.90% | 0.88% | 1.04% | 0.97% |
| ▇█▃▃▂▄▁▁ | Efficiency Ratio (%) | 69.8% | 74.1% | 61.1% | 61.1% | 58.7% | 61.7% | 54.0% | 55.6% |
| ██▆▄▃▂▁▄ | Cost of Funds (%) | 2.12% | 2.19% | 1.99% | 1.84% | 1.78% | 1.75% | 1.62% | 1.83% |
| █▃▁▁▁▂▁▁ | NPA / Assets (%) | 0.32% | 0.10% | 0.03% | 0.02% | 0.04% | 0.07% | 0.05% | 0.02% |
| █▃▁▁▁▂▁▁ | Net Charge-Off Ratio (%) | 0.46% | 0.12% | 0.01% | 0.00% | 0.03% | 0.08% | 0.06% | 0.00% |
| ▂▁▃▄▆▇██ | Tang. Book Value ($M) | $75 | $74 | $76 | $78 | $80 | $81 | $83 | $83 |
| ▁▁▁▅▅██▇ | Gross Loans ($M) | $424 | $423 | $423 | $440 | $441 | $454 | $452 | $450 |
| ▁▁▁▃▄▁██ | Total Deposits ($M) | $571 | $565 | $570 | $584 | $590 | $565 | $623 | $617 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 24% |