Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.33 | 1.36% |
| Return on Equity (%) | ▲ | 18.38% | +2.48 | 15.90% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.50 | 3.83% |
| Efficiency Ratio (%) | ▲ | 47.70% | -5.51 | 53.21% |
| Pre-Provision Profit ($M) | ▲ | $5 | +0.94 | $4 |
| Cost of Funds (%) | ▲ | 1.91% | -0.35 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $810 | +52.55 | $757 |
| Gross Loans ($M) | ▲ | $707 | +63.01 | $644 |
| Loan Growth YoY (%) | ▲ | 96.89% | +3.71 | 93.18% |
| Total Deposits ($M) | ▲ | $722 | +37.61 | $685 |
| Shareholders Equity ($M) | ▲ | $74 | +9.16 | $65 |
| Tang. Book Value ($M) | ▲ | $74 | +9.16 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 96.89% | +3.71 | 93.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.04 | 0.03% |
| Allowance / Loans (%) | — | 1.07% | 0.08% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.07% | +0.04 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.97% | +0.15 | 11.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄██ | Net Interest Margin (%) | 3.74% | 3.76% | 3.74% | 3.83% | 3.91% | 4.02% | 4.32% | 4.33% |
| ▄▃▁▂▄▃██ | Return on Assets (%) | 1.42% | 1.37% | 1.25% | 1.36% | 1.43% | 1.37% | 1.68% | 1.69% |
| ▆██▇▆█▁▂ | Efficiency Ratio (%) | 51.6% | 54.7% | 54.3% | 53.2% | 51.9% | 53.9% | 46.3% | 47.7% |
| ██▇▇▆▅▁▁ | Cost of Funds (%) | 2.37% | 2.33% | 2.26% | 2.26% | 2.22% | 2.18% | 1.91% | 1.91% |
| ▁▁▂▁▁▄▅█ | NPA / Assets (%) | 0.02% | 0.02% | 0.03% | 0.03% | 0.02% | 0.04% | 0.04% | 0.06% |
| ▁▁▂▂▁▄▅█ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.03% | 0.03% | 0.02% | 0.04% | 0.05% | 0.07% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $59 | $61 | $63 | $65 | $68 | $70 | $72 | $74 |
| ▁▁▂▃▅▅▇█ | Gross Loans ($M) | $608 | $614 | $632 | $644 | $658 | $670 | $688 | $707 |
| ▁▂▅▆▇▅▆█ | Total Deposits ($M) | $619 | $643 | $674 | $685 | $698 | $682 | $695 | $722 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 8% |