Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.12 | 1.10% |
| Return on Equity (%) | ▲ | 11.40% | +0.46 | 10.94% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.22 | 4.05% |
| Efficiency Ratio (%) | ▲ | 61.00% | -6.66 | 67.66% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.18% | -0.01 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $666 | +41.12 | $625 |
| Gross Loans ($M) | ▲ | $509 | +39.77 | $469 |
| Loan Growth YoY (%) | ▲ | 85.92% | +2.13 | 83.79% |
| Total Deposits ($M) | ▲ | $586 | +31.84 | $554 |
| Shareholders Equity ($M) | ▲ | $72 | +7.61 | $64 |
| Tang. Book Value ($M) | ▲ | $72 | +7.61 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +7.07 | $70 |
| Loan / Deposit Ratio (%) | ▲ | 85.92% | +2.13 | 83.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.06 | 0.29% |
| Allowance / Loans (%) | — | 1.04% | 0.04% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.46% | +0.08 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▅▆▇█ | Net Interest Margin (%) | 3.74% | 3.82% | 3.93% | 4.05% | 4.07% | 4.13% | 4.20% | 4.27% |
| ▅▄▁▅▆▇██ | Return on Assets (%) | 1.09% | 1.08% | 0.95% | 1.10% | 1.14% | 1.17% | 1.21% | 1.22% |
| ▆▅█▇▅▄▂▁ | Efficiency Ratio (%) | 66.6% | 66.2% | 69.8% | 67.7% | 66.5% | 65.0% | 62.4% | 61.0% |
| █▁▄▃▇█▃▁ | Cost of Funds (%) | 1.24% | 1.18% | 1.21% | 1.20% | 1.23% | 1.24% | 1.20% | 1.18% |
| ▁▄▂▂▁▁█▆ | NPA / Assets (%) | 0.28% | 0.33% | 0.30% | 0.29% | 0.27% | 0.27% | 0.40% | 0.35% |
| ▂▅▃▂▁▁█▆ | Net Charge-Off Ratio (%) | 0.39% | 0.45% | 0.40% | 0.39% | 0.37% | 0.35% | 0.52% | 0.46% |
| ▂▁▂▃▆▆██ | Tang. Book Value ($M) | $62 | $60 | $63 | $64 | $67 | $69 | $71 | $72 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $437 | $450 | $463 | $469 | $481 | $497 | $500 | $509 |
| ▁▂▄▅▆▇██ | Total Deposits ($M) | $517 | $531 | $551 | $554 | $568 | $577 | $580 | $586 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 10% |