Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.21 | 0.62% |
| Return on Equity (%) | ▲ | 8.24% | +1.82 | 6.42% |
| Net Interest Margin (%) | ▲ | 3.29% | +0.38 | 2.91% |
| Efficiency Ratio (%) | ▲ | 64.96% | -3.89 | 68.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.19% | -0.06 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $355 | +11.81 | $343 |
| Gross Loans ($M) | ▲ | $238 | +12.28 | $226 |
| Loan Growth YoY (%) | ▼ | 82.78% | -8.20 | 90.98% |
| Total Deposits ($M) | ▲ | $286 | +39.05 | $247 |
| Shareholders Equity ($M) | ▲ | $36 | +1.39 | $34 |
| Tang. Book Value ($M) | ▲ | $36 | +1.39 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +1.08 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 82.78% | -8.20 | 90.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.04% |
| Allowance / Loans (%) | — | 0.83% | 0.03% | 0.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.67% | -0.70 | 22.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.44% | 2.50% | 2.81% | 2.91% | 2.95% | 2.99% | 3.20% | 3.29% |
| ▁▁▅▅▆▅██ | Return on Assets (%) | 0.30% | 0.32% | 0.61% | 0.62% | 0.67% | 0.62% | 0.82% | 0.83% |
| ██▂▂▂▂▁▁ | Efficiency Ratio (%) | 83.6% | 82.6% | 67.5% | 68.9% | 68.0% | 68.3% | 65.1% | 65.0% |
| █▆▃▄▅▂▁▂ | Cost of Funds (%) | 1.38% | 1.30% | 1.23% | 1.25% | 1.28% | 1.19% | 1.14% | 1.19% |
| █▁▁▅▁▁▁▁ | NPA / Assets (%) | 0.07% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▅▁▁▁▁ | Net Charge-Off Ratio (%) | 0.11% | 0.01% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▅▆▇███ | Tang. Book Value ($M) | $32 | $31 | $34 | $34 | $35 | $35 | $36 | $36 |
| ▁▃▃▅▅▇▇█ | Gross Loans ($M) | $209 | $217 | $220 | $226 | $225 | $233 | $235 | $238 |
| ▁▁▂▁████ | Total Deposits ($M) | $247 | $245 | $252 | $247 | $283 | $286 | $286 | $286 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 2% |