Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.16 | 0.95% |
| Return on Equity (%) | ▲ | 11.55% | +0.73 | 10.82% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.40 | 3.71% |
| Efficiency Ratio (%) | ▲ | 63.02% | -4.79 | 67.81% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.57 | $3 |
| Cost of Funds (%) | ▲ | 1.54% | -0.16 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $771 | +30.40 | $740 |
| Gross Loans ($M) | ▲ | $566 | +26.43 | $540 |
| Loan Growth YoY (%) | ▲ | 80.72% | +0.92 | 79.79% |
| Total Deposits ($M) | ▲ | $692 | +24.30 | $667 |
| Shareholders Equity ($M) | ▲ | $74 | +5.56 | $69 |
| Tang. Book Value ($M) | ▲ | $74 | +5.56 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +5.20 | $77 |
| Loan / Deposit Ratio (%) | ▲ | 80.72% | +0.92 | 79.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.12 | 0.08% |
| Allowance / Loans (%) | — | 1.42% | 0.05% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.17 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▇█ | Net Interest Margin (%) | 3.54% | 3.52% | 3.53% | 3.71% | 3.83% | 3.91% | 4.01% | 4.11% |
| ▅▅▁▄▆▇▇█ | Return on Assets (%) | 0.97% | 0.96% | 0.80% | 0.95% | 1.02% | 1.05% | 1.03% | 1.10% |
| ▃▃█▅▃▂▂▁ | Efficiency Ratio (%) | 65.6% | 66.0% | 71.3% | 67.8% | 65.8% | 64.7% | 64.3% | 63.0% |
| ▆█▆▃▁▁▁▁ | Cost of Funds (%) | 1.87% | 1.98% | 1.81% | 1.69% | 1.58% | 1.52% | 1.53% | 1.54% |
| ▁▁▂▃▅█▇█ | NPA / Assets (%) | 0.00% | 0.00% | 0.05% | 0.08% | 0.13% | 0.23% | 0.20% | 0.21% |
| ▁▁▂▃▅█▇▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.06% | 0.11% | 0.18% | 0.33% | 0.29% | 0.28% |
| ▂▁▂▄▆███ | Tang. Book Value ($M) | $66 | $64 | $67 | $69 | $71 | $73 | $74 | $74 |
| ▁▂▂▃▄▆▄█ | Gross Loans ($M) | $526 | $533 | $534 | $540 | $544 | $554 | $543 | $566 |
| ██▆▁▃█▅▆ | Total Deposits ($M) | $701 | $703 | $690 | $667 | $680 | $699 | $686 | $692 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 30% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 17% |