Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.43 | 1.27% |
| Return on Equity (%) | ▲ | 16.53% | +3.37 | 13.16% |
| Net Interest Margin (%) | ▲ | 5.09% | +0.58 | 4.51% |
| Efficiency Ratio (%) | ▲ | 56.01% | -6.87 | 62.87% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.26 | $3 |
| Cost of Funds (%) | ▲ | 1.41% | -0.13 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $690 | +23.83 | $666 |
| Gross Loans ($M) | ▲ | $592 | +33.40 | $558 |
| Loan Growth YoY (%) | ▲ | 96.08% | +3.10 | 92.98% |
| Total Deposits ($M) | ▲ | $609 | +15.44 | $593 |
| Shareholders Equity ($M) | ▲ | $72 | +8.32 | $64 |
| Tang. Book Value ($M) | ▲ | $72 | +8.32 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $76 | +8.18 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 96.08% | +3.10 | 92.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Allowance / Loans (%) | — | 1.15% | -0.04% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.14% | +0.73 | 12.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▅▆▇█ | Net Interest Margin (%) | 3.95% | 4.07% | 4.41% | 4.51% | 4.61% | 4.67% | 4.92% | 5.09% |
| ▁▂▂▃▄▅▇█ | Return on Assets (%) | 1.09% | 1.17% | 1.24% | 1.27% | 1.36% | 1.42% | 1.60% | 1.71% |
| █▇▆▆▅▄▂▁ | Efficiency Ratio (%) | 66.2% | 64.8% | 63.1% | 62.9% | 61.3% | 60.4% | 57.4% | 56.0% |
| █▅▃▃▄▃▁▁ | Cost of Funds (%) | 1.83% | 1.62% | 1.55% | 1.54% | 1.58% | 1.56% | 1.40% | 1.41% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.01% | 0.03% | 0.01% | 0.28% | 0.01% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.01% | 0.00% | 0.02% | 0.00% | 0.33% | 0.01% |
| ▁▁▃▃▅▆██ | Tang. Book Value ($M) | $61 | $61 | $64 | $64 | $68 | $69 | $71 | $72 |
| ▁▂▂▅▅▇██ | Gross Loans ($M) | $523 | $537 | $539 | $558 | $565 | $577 | $585 | $592 |
| ▁▃▃▆▄▆██ | Total Deposits ($M) | $546 | $568 | $571 | $593 | $580 | $590 | $614 | $609 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 41% |
| Brokered / Other | 20% |