Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.16% | +0.45 | 1.71% |
| Return on Equity (%) | ▲ | 32.60% | +1.62 | 30.98% |
| Net Interest Margin (%) | ▲ | 4.57% | +0.35 | 4.22% |
| Efficiency Ratio (%) | ▲ | 53.12% | -6.62 | 59.74% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.33 | $2 |
| Cost of Funds (%) | ▲ | 1.23% | -0.18 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $330 | +11.67 | $318 |
| Gross Loans ($M) | ▲ | $251 | +19.49 | $231 |
| Loan Growth YoY (%) | ▲ | 81.40% | +4.72 | 76.68% |
| Total Deposits ($M) | ▲ | $305 | +6.34 | $299 |
| Shareholders Equity ($M) | ▲ | $23 | +4.42 | $18 |
| Tang. Book Value ($M) | ▲ | $23 | +4.42 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +4.52 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 81.40% | +4.72 | 76.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.51% | +1.49 | 0.02% |
| Allowance / Loans (%) | — | 0.87% | 0.01% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 1.99% | +1.97 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.46% | -0.05 | 14.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▇▇█ | Net Interest Margin (%) | 3.97% | 4.01% | 4.07% | 4.22% | 4.34% | 4.43% | 4.44% | 4.57% |
| ▁▁▂▄▅▆██ | Return on Assets (%) | 1.47% | 1.41% | 1.58% | 1.71% | 1.87% | 1.88% | 2.09% | 2.16% |
| ██▆▄▃▄▁▁ | Efficiency Ratio (%) | 65.6% | 67.2% | 63.5% | 59.7% | 57.8% | 58.6% | 53.3% | 53.1% |
| █▇▄▃▃▂▁▁ | Cost of Funds (%) | 1.71% | 1.63% | 1.47% | 1.41% | 1.39% | 1.30% | 1.24% | 1.23% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.01% | 0.01% | 0.00% | 0.02% | 0.02% | 0.03% | 1.53% | 1.51% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.00% | 0.02% | 0.03% | 0.04% | 2.07% | 1.99% |
| ▄▁▂▃▇▆██ | Tang. Book Value ($M) | $19 | $16 | $18 | $18 | $21 | $21 | $22 | $23 |
| ▁▁▁▃▃▆▆█ | Gross Loans ($M) | $222 | $222 | $221 | $231 | $231 | $243 | $243 | $251 |
| ▁▃▄▅▆███ | Total Deposits ($M) | $290 | $295 | $298 | $299 | $301 | $306 | $307 | $305 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 22% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 17% |