Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.80% | -0.19 | 2.98% |
| Return on Equity (%) | ▼ | 28.45% | -8.66 | 37.11% |
| Net Interest Margin (%) | ▼ | 4.68% | -0.15 | 4.84% |
| Efficiency Ratio (%) | ▼ | 39.83% | +3.35 | 36.48% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.45 | $3 |
| Cost of Funds (%) | ▼ | 0.53% | +0.37 | 0.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $350 | +28.88 | $322 |
| Gross Loans ($M) | ▲ | $173 | +12.91 | $160 |
| Loan Growth YoY (%) | ▼ | 54.58% | -0.06 | 54.64% |
| Total Deposits ($M) | ▲ | $313 | +23.62 | $290 |
| Shareholders Equity ($M) | ▲ | $33 | +3.89 | $29 |
| Tang. Book Value ($M) | ▲ | $33 | +3.89 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +3.43 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 54.58% | -0.06 | 54.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.21% | 0.03% | 1.18% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.80% | -0.30 | 16.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▅██▆▂ | Net Interest Margin (%) | 5.00% | 5.03% | 4.62% | 4.84% | 5.04% | 5.03% | 4.93% | 4.68% |
| ██▁▄▅▁▄▁ | Return on Assets (%) | 3.24% | 3.20% | 2.80% | 2.98% | 3.04% | 2.83% | 2.96% | 2.80% |
| ▁▂▅▄▃█▇█ | Efficiency Ratio (%) | 33.3% | 34.6% | 37.5% | 36.5% | 35.7% | 40.3% | 39.1% | 39.8% |
| ▁▁▁▁▁▅▇█ | Cost of Funds (%) | 0.14% | 0.14% | 0.15% | 0.16% | 0.17% | 0.38% | 0.45% | 0.53% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▃▁▃▄▇▆▇█ | Tang. Book Value ($M) | $28 | $26 | $28 | $29 | $31 | $31 | $32 | $33 |
| ▁▁▁▄██▇▇ | Gross Loans ($M) | $147 | $148 | $149 | $160 | $175 | $178 | $173 | $173 |
| ██▅▃▁▁▂▆ | Total Deposits ($M) | $340 | $341 | $307 | $290 | $266 | $271 | $283 | $313 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 28% |
| C&I / Commercial | 68% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 47% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 2% |