Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.34% | -0.15 | 1.49% |
| Return on Equity (%) | ▼ | 12.93% | -1.59 | 14.52% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.08 | 4.35% |
| Efficiency Ratio (%) | ▼ | 62.20% | +1.24 | 60.96% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.00 | $1 |
| Cost of Funds (%) | ▼ | 1.39% | +0.02 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +19.45 | $156 |
| Gross Loans ($M) | ▲ | $123 | +4.76 | $118 |
| Loan Growth YoY (%) | ▼ | 76.68% | -6.85 | 83.52% |
| Total Deposits ($M) | ▲ | $158 | +18.37 | $140 |
| Shareholders Equity ($M) | ▲ | $17 | +0.96 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +0.96 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 76.68% | -6.85 | 83.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.01 | 0.03% |
| Allowance / Loans (%) | — | 1.03% | 0.18% | 0.85% |
| Net Charge-Off Ratio (%) | ▼ | 0.07% | +0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇██▇ | Net Interest Margin (%) | 3.90% | 3.98% | 4.19% | 4.35% | 4.42% | 4.56% | 4.48% | 4.42% |
| █▇▅▅▇▇▁▁ | Return on Assets (%) | 1.64% | 1.57% | 1.52% | 1.49% | 1.57% | 1.58% | 1.37% | 1.34% |
| ▁▃▆▇▅▆▇█ | Efficiency Ratio (%) | 54.2% | 57.1% | 60.1% | 61.0% | 59.1% | 59.2% | 60.5% | 62.2% |
| █▆▂▁▁▁▁▁ | Cost of Funds (%) | 1.75% | 1.63% | 1.43% | 1.37% | 1.39% | 1.36% | 1.35% | 1.39% |
| ▁█▃▃▇█▆▆ | NPA / Assets (%) | 0.02% | 0.06% | 0.03% | 0.03% | 0.06% | 0.06% | 0.05% | 0.05% |
| ▁█▃▃█▇▆▆ | Net Charge-Off Ratio (%) | 0.03% | 0.08% | 0.05% | 0.04% | 0.08% | 0.07% | 0.07% | 0.07% |
| ▁▂▄▂▅▇█▆ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $16 | $17 | $17 | $17 |
| ▂▁▄▄▂▆█▇ | Gross Loans ($M) | $115 | $113 | $119 | $118 | $115 | $121 | $125 | $123 |
| ▂▁▃▃▃▁▅█ | Total Deposits ($M) | $137 | $134 | $139 | $140 | $141 | $132 | $147 | $158 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |