Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.61% | +0.08 | 1.53% |
| Return on Equity (%) | ▲ | 15.37% | +0.19 | 15.18% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.17 | 4.07% |
| Efficiency Ratio (%) | ▲ | 50.13% | -1.04 | 51.17% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.09 | $2 |
| Cost of Funds (%) | ▲ | 1.70% | -0.20 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $303 | +11.76 | $291 |
| Gross Loans ($M) | ▼ | $218 | -0.49 | $218 |
| Loan Growth YoY (%) | ▼ | 80.41% | -5.39 | 85.80% |
| Total Deposits ($M) | ▲ | $267 | +15.66 | $252 |
| Shareholders Equity ($M) | ▲ | $32 | +2.72 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +2.72 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.03 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 80.41% | -5.39 | 85.80% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.38 | 0.46% |
| Allowance / Loans (%) | — | 1.33% | 0.21% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 1.09% | +0.50 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▆▆▇▆█ | Net Interest Margin (%) | 3.74% | 3.84% | 3.97% | 4.07% | 4.12% | 4.17% | 4.10% | 4.25% |
| ▁▃▃▆█▆▇█ | Return on Assets (%) | 1.34% | 1.41% | 1.41% | 1.53% | 1.59% | 1.52% | 1.57% | 1.61% |
| █▆█▄▁▁▁▂ | Efficiency Ratio (%) | 53.7% | 52.2% | 53.6% | 51.2% | 49.4% | 49.5% | 49.7% | 50.1% |
| ▇█▄▄▄▃▁▁ | Cost of Funds (%) | 2.11% | 2.17% | 1.89% | 1.90% | 1.89% | 1.84% | 1.73% | 1.70% |
| ▃▁▁▂▂▃█▄ | NPA / Assets (%) | 0.59% | 0.33% | 0.33% | 0.46% | 0.53% | 0.60% | 1.37% | 0.84% |
| ▃▁▁▁▂▃█▄ | Net Charge-Off Ratio (%) | 0.82% | 0.42% | 0.44% | 0.59% | 0.70% | 0.85% | 1.82% | 1.09% |
| ▁▁▂▄▆▆▇█ | Tang. Book Value ($M) | $28 | $28 | $29 | $29 | $30 | $31 | $31 | $32 |
| ▁▁▆██▆▇█ | Gross Loans ($M) | $205 | $207 | $214 | $218 | $217 | $214 | $216 | $218 |
| ▁▁▃▄████ | Total Deposits ($M) | $240 | $237 | $247 | $252 | $266 | $265 | $264 | $267 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 15% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 8% |