Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.31 | 1.06% |
| Return on Equity (%) | ▲ | 13.16% | +2.40 | 10.76% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.34 | 3.46% |
| Efficiency Ratio (%) | ▲ | 55.94% | -6.21 | 62.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.48 | $1 |
| Cost of Funds (%) | ▼ | 0.98% | +0.04 | 0.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $354 | +8.23 | $346 |
| Gross Loans ($M) | ▲ | $207 | +5.01 | $202 |
| Loan Growth YoY (%) | ▲ | 65.64% | +0.65 | 64.99% |
| Total Deposits ($M) | ▲ | $312 | +4.60 | $307 |
| Shareholders Equity ($M) | ▲ | $38 | +3.88 | $35 |
| Tang. Book Value ($M) | ▲ | $38 | +3.88 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +4.02 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 65.64% | +0.65 | 64.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.40% | +0.30 | 0.09% |
| Allowance / Loans (%) | — | 1.23% | -0.03% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.37 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇▇█ | Net Interest Margin (%) | 2.99% | 3.08% | 3.35% | 3.46% | 3.57% | 3.62% | 3.67% | 3.80% |
| ▁▁▃▄▅▆▇█ | Return on Assets (%) | 0.86% | 0.89% | 1.02% | 1.06% | 1.14% | 1.19% | 1.30% | 1.37% |
| ██▄▆▅▄▁▁ | Efficiency Ratio (%) | 65.9% | 65.6% | 60.7% | 62.2% | 61.0% | 60.3% | 56.6% | 55.9% |
| ▆▃▁▄▇█▅▆ | Cost of Funds (%) | 0.98% | 0.92% | 0.85% | 0.94% | 1.00% | 1.03% | 0.96% | 0.98% |
| ▂▂▁▁▃▃▂█ | NPA / Assets (%) | 0.15% | 0.13% | 0.09% | 0.09% | 0.20% | 0.19% | 0.14% | 0.40% |
| ▂▂▁▁▄▄▃█ | Net Charge-Off Ratio (%) | 0.25% | 0.22% | 0.16% | 0.16% | 0.34% | 0.33% | 0.26% | 0.54% |
| ▁▁▁▃▆▅▇█ | Tang. Book Value ($M) | $33 | $33 | $33 | $35 | $37 | $36 | $37 | $38 |
| ▄▁▆▁▁▆▄█ | Gross Loans ($M) | $205 | $202 | $206 | $202 | $203 | $206 | $204 | $207 |
| ▁▁▅▄▄▆█▅ | Total Deposits ($M) | $295 | $292 | $309 | $307 | $305 | $316 | $326 | $312 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 13% |