Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.77% | -0.30 | 3.08% |
| Return on Equity (%) | ▼ | 19.78% | -4.44 | 24.22% |
| Net Interest Margin (%) | ▲ | 6.47% | +0.64 | 5.83% |
| Efficiency Ratio (%) | ▼ | 52.67% | +5.38 | 47.29% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.01 | $3 |
| Cost of Funds (%) | ▼ | 0.78% | +0.04 | 0.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $557 | +167.15 | $389 |
| Gross Loans ($M) | ▲ | $403 | +115.04 | $288 |
| Loan Growth YoY (%) | ▲ | 84.75% | +0.22 | 84.53% |
| Total Deposits ($M) | ▲ | $467 | +134.53 | $333 |
| Shareholders Equity ($M) | ▲ | $82 | +31.33 | $51 |
| Tang. Book Value ($M) | ▲ | $79 | +27.71 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 84.75% | +0.22 | 84.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.02 | 0.02% |
| Allowance / Loans (%) | — | 1.66% | -0.56% | 2.22% |
| Net Charge-Off Ratio (%) | — | 0.02% | 0.00 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▄█▇ | Net Interest Margin (%) | 5.55% | 5.57% | 5.62% | 5.83% | 6.07% | 6.04% | 6.71% | 6.47% |
| ▃▄▅███▁▄ | Return on Assets (%) | 2.69% | 2.74% | 2.80% | 3.08% | 3.11% | 3.11% | 2.45% | 2.77% |
| ▃▂▂▁▁▁█▄ | Efficiency Ratio (%) | 50.2% | 49.4% | 50.1% | 47.3% | 48.5% | 48.0% | 58.9% | 52.7% |
| █▃▁▁▃▄▄▂ | Cost of Funds (%) | 0.96% | 0.82% | 0.76% | 0.74% | 0.80% | 0.83% | 0.85% | 0.78% |
| ▃▁▅▂▄▅█▄ | NPA / Assets (%) | 0.02% | 0.01% | 0.04% | 0.02% | 0.03% | 0.05% | 0.07% | 0.03% |
| ▂▁▅▂▃▅█▂ | Net Charge-Off Ratio (%) | 0.03% | 0.01% | 0.06% | 0.02% | 0.04% | 0.06% | 0.10% | 0.02% |
| ▁▁▁▂▂▁██ | Tang. Book Value ($M) | $46 | $47 | $49 | $51 | $53 | $48 | $76 | $79 |
| ▁▁▁▂▂▂▇█ | Gross Loans ($M) | $277 | $266 | $273 | $288 | $286 | $286 | $383 | $403 |
| ▁▂▁▁▁▂██ | Total Deposits ($M) | $323 | $337 | $327 | $333 | $317 | $345 | $453 | $467 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 11% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 8% |