Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.80% | -0.23 | 3.04% |
| Return on Equity (%) | ▼ | 17.91% | -2.14 | 20.05% |
| Net Interest Margin (%) | ▼ | 4.84% | -0.12 | 4.96% |
| Efficiency Ratio (%) | ▼ | 45.80% | +4.31 | 41.50% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.10 | $5 |
| Cost of Funds (%) | ▲ | 1.63% | -0.29 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $639 | +46.46 | $593 |
| Gross Loans ($M) | ▲ | $493 | +41.25 | $452 |
| Loan Growth YoY (%) | ▲ | 90.26% | +1.17 | 89.09% |
| Total Deposits ($M) | ▲ | $539 | +38.88 | $500 |
| Shareholders Equity ($M) | ▲ | $99 | +7.07 | $92 |
| Tang. Book Value ($M) | ▲ | $99 | +7.07 | $92 |
| TBV excl. AOCI ($M)** | ▲ | $101 | +6.24 | $95 |
| Loan / Deposit Ratio (%) | ▲ | 90.26% | +1.17 | 89.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.37% | -0.06% | 1.43% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.01 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.22% | -0.54 | 18.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▁▂▂▃▁▁ | Net Interest Margin (%) | 6.07% | 5.94% | 4.87% | 4.96% | 5.06% | 5.10% | 4.77% | 4.84% |
| ██▂▂▃▃▁▁ | Return on Assets (%) | 4.20% | 4.07% | 2.95% | 3.04% | 3.11% | 3.15% | 2.73% | 2.80% |
| ▁▁▅▅▅▅██ | Efficiency Ratio (%) | 35.4% | 36.1% | 42.2% | 41.5% | 41.2% | 41.4% | 46.2% | 45.8% |
| ▁▁▄██▃▂▄ | Cost of Funds (%) | 1.44% | 1.45% | 1.64% | 1.93% | 1.87% | 1.61% | 1.56% | 1.63% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.16% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.21% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $87 | $88 | $89 | $92 | $94 | $97 | $97 | $99 |
| ▁▃▄▄▅▆▇█ | Gross Loans ($M) | $418 | $445 | $455 | $452 | $460 | $470 | $482 | $493 |
| ▁▂█▅▅▄██ | Total Deposits ($M) | $436 | $455 | $539 | $500 | $498 | $487 | $549 | $539 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 4% |