Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.42% | -0.01 | 1.43% |
| Return on Equity (%) | ▼ | 12.82% | -0.43 | 13.25% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.20 | 3.86% |
| Efficiency Ratio (%) | ▲ | 55.22% | -0.14 | 55.36% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.17 | $2 |
| Cost of Funds (%) | ▼ | 1.62% | +0.02 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +10.30 | $385 |
| Gross Loans ($M) | ▲ | $281 | +35.82 | $246 |
| Loan Growth YoY (%) | ▲ | 80.22% | +8.38 | 71.84% |
| Total Deposits ($M) | ▲ | $344 | +8.89 | $335 |
| Shareholders Equity ($M) | ▲ | $45 | +2.80 | $42 |
| Tang. Book Value ($M) | ▲ | $45 | +2.80 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +2.37 | $47 |
| Loan / Deposit Ratio (%) | ▲ | 80.22% | +8.38 | 71.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.37 | 0.44% |
| Allowance / Loans (%) | — | 1.92% | -0.04% | 1.96% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.60 | 0.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▁▂▄▇▇█ | Net Interest Margin (%) | 3.87% | 3.81% | 3.80% | 3.86% | 3.91% | 4.01% | 4.00% | 4.07% |
| █▁▂▆██▄▅ | Return on Assets (%) | 1.45% | 1.37% | 1.39% | 1.43% | 1.45% | 1.46% | 1.41% | 1.42% |
| ▁██▃▁▁▇▃ | Efficiency Ratio (%) | 54.7% | 57.0% | 56.9% | 55.4% | 54.7% | 54.5% | 56.5% | 55.2% |
| ▆█▄▄▆▃▁▄ | Cost of Funds (%) | 1.68% | 1.76% | 1.59% | 1.60% | 1.66% | 1.57% | 1.49% | 1.62% |
| ▁▁▁█▁▁▂▂ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.44% | 0.00% | 0.00% | 0.09% | 0.07% |
| ▁▁▁█▁▁▂▂ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.00% | 0.14% | 0.10% |
| █▁▃▅▇▆▇█ | Tang. Book Value ($M) | $44 | $38 | $40 | $42 | $43 | $42 | $43 | $45 |
| ▁▂▂▃▄▅▅█ | Gross Loans ($M) | $229 | $238 | $240 | $246 | $252 | $260 | $261 | $281 |
| ▁▂▄▇▇▅▅█ | Total Deposits ($M) | $303 | $308 | $322 | $335 | $338 | $327 | $327 | $344 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 4% |