Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.12% | -0.14 | 2.26% |
| Return on Equity (%) | ▼ | 23.81% | -8.66 | 32.47% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.15 | 3.91% |
| Efficiency Ratio (%) | ▼ | 48.49% | +0.67 | 47.82% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.22 | $2 |
| Cost of Funds (%) | ▲ | 0.61% | -0.02 | 0.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $294 | -16.70 | $311 |
| Gross Loans ($M) | ▲ | $107 | +15.15 | $92 |
| Loan Growth YoY (%) | ▲ | 39.61% | +8.23 | 31.38% |
| Total Deposits ($M) | ▼ | $266 | -21.46 | $287 |
| Shareholders Equity ($M) | ▲ | $27 | +4.95 | $22 |
| Tang. Book Value ($M) | ▲ | $27 | +4.95 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +4.80 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 39.61% | +8.23 | 31.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 1.29% | -0.21% | 1.50% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.93% | +1.26 | 20.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▁▄▅▅▇█ | Net Interest Margin (%) | 4.01% | 3.96% | 3.81% | 3.91% | 3.95% | 3.94% | 4.03% | 4.06% |
| ▁▁▅██▇▅▆ | Return on Assets (%) | 1.82% | 1.87% | 2.09% | 2.26% | 2.24% | 2.19% | 2.07% | 2.12% |
| █▇▇▅▄▁▆▅ | Efficiency Ratio (%) | 53.6% | 51.0% | 51.2% | 47.8% | 47.6% | 42.0% | 50.0% | 48.5% |
| █▅▄▂██▂▁ | Cost of Funds (%) | 0.71% | 0.66% | 0.65% | 0.63% | 0.70% | 0.71% | 0.63% | 0.61% |
| ▂▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| ▂▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% |
| ▁▂▄▅▇▇▇█ | Tang. Book Value ($M) | $17 | $18 | $22 | $22 | $26 | $25 | $26 | $27 |
| ▃▁▂▂▂▂▂█ | Gross Loans ($M) | $93 | $89 | $92 | $92 | $91 | $93 | $91 | $107 |
| ▁▆▅█▄▅▅▅ | Total Deposits ($M) | $239 | $273 | $268 | $287 | $261 | $266 | $266 | $266 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 15% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 9% |