Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.13 | 0.51% |
| Return on Equity (%) | ▲ | 5.59% | +0.80 | 4.79% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.25 | 3.48% |
| Efficiency Ratio (%) | ▲ | 76.51% | -2.08 | 78.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.00% | -0.13 | 1.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $424 | +19.76 | $405 |
| Gross Loans ($M) | ▲ | $293 | +14.57 | $279 |
| Loan Growth YoY (%) | ▼ | 80.05% | -0.37 | 80.42% |
| Total Deposits ($M) | ▲ | $364 | +20.56 | $344 |
| Shareholders Equity ($M) | ▲ | $49 | +4.97 | $44 |
| Tang. Book Value ($M) | ▲ | $49 | +4.98 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +4.82 | $48 |
| Loan / Deposit Ratio (%) | ▼ | 80.05% | -0.37 | 80.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.23% | -0.12 | 0.34% |
| Allowance / Loans (%) | — | 0.61% | -0.26% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.17 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▄▅██ | Net Interest Margin (%) | 3.30% | 3.29% | 3.47% | 3.48% | 3.51% | 3.55% | 3.73% | 3.73% |
| ▁▁▅▄▅▆██ | Return on Assets (%) | 0.45% | 0.43% | 0.54% | 0.51% | 0.56% | 0.58% | 0.63% | 0.64% |
| ██▄▃▂▂▁▁ | Efficiency Ratio (%) | 82.3% | 83.1% | 79.8% | 78.6% | 77.9% | 77.6% | 77.0% | 76.5% |
| ██▄▄▅▃▁▁ | Cost of Funds (%) | 1.29% | 1.30% | 1.14% | 1.13% | 1.16% | 1.10% | 1.01% | 1.00% |
| ▇▆▆█▅▁▅▄ | NPA / Assets (%) | 0.31% | 0.27% | 0.27% | 0.34% | 0.26% | 0.12% | 0.24% | 0.23% |
| █▆▆█▅▁▅▄ | Net Charge-Off Ratio (%) | 0.46% | 0.38% | 0.39% | 0.50% | 0.37% | 0.18% | 0.35% | 0.33% |
| ▂▁▂▃▅▇▇█ | Tang. Book Value ($M) | $44 | $42 | $43 | $44 | $46 | $47 | $48 | $49 |
| ▁▃▂▃▃▇▆█ | Gross Loans ($M) | $274 | $279 | $277 | $279 | $280 | $289 | $286 | $293 |
| ▁▂▁▂▂▆▇█ | Total Deposits ($M) | $338 | $342 | $341 | $344 | $344 | $354 | $358 | $364 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |