Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.43 | 1.34% |
| Return on Equity (%) | ▲ | 14.25% | +2.27 | 11.98% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.60 | 3.88% |
| Efficiency Ratio (%) | ▲ | 50.85% | -6.02 | 56.87% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.42 | $1 |
| Cost of Funds (%) | ▲ | 1.28% | -0.43 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $318 | +0.19 | $318 |
| Gross Loans ($M) | ▲ | $196 | +5.63 | $190 |
| Loan Growth YoY (%) | ▲ | 69.09% | +3.08 | 66.01% |
| Total Deposits ($M) | ▼ | $276 | -4.31 | $281 |
| Shareholders Equity ($M) | ▲ | $40 | +4.17 | $36 |
| Tang. Book Value ($M) | ▲ | $40 | +4.17 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +4.24 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 69.09% | +3.08 | 66.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.16 | 0.11% |
| Allowance / Loans (%) | — | 2.53% | -0.10% | 2.63% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.08 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▂▃▅██ | Net Interest Margin (%) | 4.16% | 4.16% | 3.72% | 3.88% | 3.95% | 4.10% | 4.43% | 4.47% |
| ▅▆▁▂▃▅▇█ | Return on Assets (%) | 1.52% | 1.63% | 1.24% | 1.34% | 1.44% | 1.54% | 1.70% | 1.77% |
| ▄▃█▇▅▅▂▁ | Efficiency Ratio (%) | 54.0% | 53.0% | 58.0% | 56.9% | 55.3% | 54.7% | 52.1% | 50.8% |
| ▅██▆▅▂▁▁ | Cost of Funds (%) | 1.64% | 1.88% | 1.80% | 1.71% | 1.58% | 1.39% | 1.28% | 1.28% |
| ▆▆█▁▂▁▇█ | NPA / Assets (%) | 0.24% | 0.24% | 0.29% | 0.11% | 0.13% | 0.13% | 0.27% | 0.27% |
| ▇▆█▁▂▁▂▂ | Net Charge-Off Ratio (%) | 0.45% | 0.41% | 0.52% | 0.18% | 0.23% | 0.20% | 0.25% | 0.26% |
| ▂▁▃▃▆▇██ | Tang. Book Value ($M) | $35 | $34 | $36 | $36 | $38 | $39 | $40 | $40 |
| ▁▂▂▅▅▇█▇ | Gross Loans ($M) | $175 | $181 | $182 | $190 | $189 | $196 | $202 | $196 |
| ▅▁▄▄█▁▂▂ | Total Deposits ($M) | $285 | $271 | $281 | $281 | $296 | $274 | $276 | $276 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 14% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 15% |