Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.14% | +0.14 | 2.99% |
| Return on Equity (%) | ▼ | 36.96% | -3.55 | 40.51% |
| Net Interest Margin (%) | ▲ | 5.12% | +0.07 | 5.05% |
| Efficiency Ratio (%) | ▲ | 41.24% | -2.19 | 43.42% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.38 | $3 |
| Cost of Funds (%) | ▲ | 1.10% | -0.15 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $464 | +36.27 | $427 |
| Gross Loans ($M) | ▲ | $348 | +37.13 | $311 |
| Loan Growth YoY (%) | ▲ | 81.66% | +3.49 | 78.17% |
| Total Deposits ($M) | ▲ | $419 | +28.30 | $391 |
| Shareholders Equity ($M) | ▲ | $40 | +7.34 | $33 |
| Tang. Book Value ($M) | ▲ | $40 | +7.34 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +7.01 | $37 |
| Loan / Deposit Ratio (%) | ▲ | 81.66% | +3.49 | 78.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.09 | 0.03% |
| Allowance / Loans (%) | — | 1.70% | -0.08% | 1.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.17% | +0.12 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇██▇█ | Net Interest Margin (%) | 4.62% | 4.70% | 4.94% | 5.05% | 5.13% | 5.12% | 5.03% | 5.12% |
| ▁▁▅▆▆▄██ | Return on Assets (%) | 2.73% | 2.70% | 2.95% | 2.99% | 3.00% | 2.90% | 3.13% | 3.14% |
| ▆█▅▅▆█▁▂ | Efficiency Ratio (%) | 44.2% | 45.7% | 43.2% | 43.4% | 44.1% | 45.6% | 40.4% | 41.2% |
| █▃▂▂▂▁▁▁ | Cost of Funds (%) | 1.83% | 1.29% | 1.24% | 1.25% | 1.28% | 1.19% | 1.12% | 1.10% |
| ▅▁▁▃▇▇▆█ | NPA / Assets (%) | 0.08% | 0.00% | 0.01% | 0.03% | 0.11% | 0.10% | 0.09% | 0.12% |
| ▆▁▁▃█▇▆█ | Net Charge-Off Ratio (%) | 0.11% | 0.00% | 0.02% | 0.05% | 0.15% | 0.14% | 0.12% | 0.17% |
| ▁▁▁▂▆█▆█ | Tang. Book Value ($M) | $31 | $31 | $31 | $33 | $37 | $39 | $38 | $40 |
| ▁▁▁▃▃▄▅█ | Gross Loans ($M) | $298 | $300 | $301 | $311 | $311 | $322 | $329 | $348 |
| ▁▄▃▂▃███ | Total Deposits ($M) | $384 | $398 | $396 | $391 | $394 | $420 | $417 | $419 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 7% |