Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.71 | 0.51% |
| Return on Equity (%) | ▲ | 16.30% | +11.03 | 5.27% |
| Net Interest Margin (%) | ▼ | 3.24% | -0.10 | 3.34% |
| Efficiency Ratio (%) | ▲ | 52.80% | -18.57 | 71.37% |
| Pre-Provision Profit ($M) | ▲ | $5 | +3.30 | $2 |
| Cost of Funds (%) | ▲ | 2.42% | -0.37 | 2.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,343 | +572.33 | $771 |
| Gross Loans ($M) | ▲ | $564 | +210.64 | $353 |
| Loan Growth YoY (%) | ▲ | 50.49% | +0.62 | 49.87% |
| Total Deposits ($M) | ▲ | $1,106 | +404.92 | $701 |
| Shareholders Equity ($M) | ▲ | $114 | +47.55 | $66 |
| Tang. Book Value ($M) | ▲ | $108 | +47.65 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $144 | +65.40 | $79 |
| Loan / Deposit Ratio (%) | ▲ | 50.49% | +0.62 | 49.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.95% | -0.05% | 1.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.62% | +1.62 | 14.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▂▂▁▁▁▁ | Net Interest Margin (%) | 4.16% | 3.95% | 3.38% | 3.34% | 3.21% | 3.32% | 3.26% | 3.24% |
| ▇▄▁▂▃▃██ | Return on Assets (%) | 1.09% | 0.72% | 0.33% | 0.51% | 0.60% | 0.70% | 1.32% | 1.22% |
| ▆██▇▆▆▁▁ | Efficiency Ratio (%) | 69.5% | 73.4% | 75.8% | 71.4% | 69.7% | 68.9% | 55.1% | 52.8% |
| █▆▁▆▄█▁▁ | Cost of Funds (%) | 2.91% | 2.78% | 2.48% | 2.80% | 2.62% | 2.92% | 2.44% | 2.42% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▁▂▃█ | Tang. Book Value ($M) | $62 | $59 | $61 | $61 | $62 | $65 | $76 | $108 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $159 | $234 | $302 | $353 | $400 | $464 | $483 | $564 |
| ▁▂▃▄▆▆██ | Total Deposits ($M) | $389 | $493 | $650 | $701 | $912 | $883 | $1,043 | $1,106 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 32% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 13% |