Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.83% | +0.14 | 1.70% |
| Return on Equity (%) | ▲ | 18.62% | +0.07 | 18.55% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.17 | 4.13% |
| Efficiency Ratio (%) | ▲ | 57.67% | -1.12 | 58.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▼ | 1.09% | +0.02 | 1.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $267 | +18.34 | $249 |
| Gross Loans ($M) | ▲ | $193 | +14.67 | $178 |
| Loan Growth YoY (%) | ▲ | 86.25% | +1.33 | 84.92% |
| Total Deposits ($M) | ▲ | $222 | +13.62 | $208 |
| Shareholders Equity ($M) | ▲ | $27 | +2.80 | $24 |
| Tang. Book Value ($M) | ▲ | $27 | +2.80 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.53 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 86.25% | +1.33 | 84.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.30 | 0.04% |
| Allowance / Loans (%) | — | 0.95% | 0.00% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.46 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▅▇█ | Net Interest Margin (%) | 3.88% | 3.91% | 4.05% | 4.13% | 4.15% | 4.14% | 4.24% | 4.30% |
| ▁▁█▇▆▄██ | Return on Assets (%) | 1.28% | 1.25% | 1.77% | 1.70% | 1.67% | 1.48% | 1.80% | 1.83% |
| ▇█▁▃▃▇▂▂ | Efficiency Ratio (%) | 63.3% | 65.7% | 56.3% | 58.8% | 59.7% | 63.8% | 57.6% | 57.7% |
| █▆▁▂▇▆▂▃ | Cost of Funds (%) | 1.26% | 1.17% | 1.00% | 1.06% | 1.20% | 1.18% | 1.06% | 1.09% |
| ▁▁▁▁▁▄▄█ | NPA / Assets (%) | 0.07% | 0.03% | 0.04% | 0.04% | 0.05% | 0.18% | 0.17% | 0.34% |
| ▁▁▂▁▂▅▄█ | Net Charge-Off Ratio (%) | 0.05% | 0.00% | 0.06% | 0.01% | 0.07% | 0.26% | 0.23% | 0.47% |
| ▃▁▃▄▇▇▇█ | Tang. Book Value ($M) | $23 | $22 | $23 | $24 | $26 | $26 | $26 | $27 |
| ▁▁▂▄▅▇██ | Gross Loans ($M) | $170 | $168 | $173 | $178 | $182 | $187 | $191 | $193 |
| ▁▆▄▁▁█▇▆ | Total Deposits ($M) | $208 | $222 | $215 | $208 | $206 | $228 | $223 | $222 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 8% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 8% |