Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.10% | +0.43 | 1.67% |
| Return on Equity (%) | ▲ | 26.32% | +0.68 | 25.64% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.47 | 3.21% |
| Efficiency Ratio (%) | ▲ | 47.87% | -4.20 | 52.07% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.47 | $2 |
| Cost of Funds (%) | ▲ | 0.97% | -0.06 | 1.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $425 | +3.53 | $421 |
| Gross Loans ($M) | ▲ | $166 | +16.66 | $150 |
| Loan Growth YoY (%) | ▲ | 42.49% | +4.34 | 38.15% |
| Total Deposits ($M) | ▼ | $388 | -0.33 | $388 |
| Shareholders Equity ($M) | ▲ | $33 | +3.91 | $29 |
| Tang. Book Value ($M) | ▲ | $33 | +3.91 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.12 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 42.49% | +4.34 | 38.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 0.99% | -0.13% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.09 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.69% | -2.09 | 24.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▃██ | Net Interest Margin (%) | 3.26% | 3.24% | 3.22% | 3.21% | 3.29% | 3.35% | 3.67% | 3.68% |
| ▅▄▄▄▅▁██ | Return on Assets (%) | 1.77% | 1.70% | 1.67% | 1.67% | 1.77% | 1.30% | 2.08% | 2.10% |
| ▅███▆█▁▁ | Efficiency Ratio (%) | 50.3% | 52.0% | 52.1% | 52.1% | 50.6% | 51.9% | 48.1% | 47.9% |
| █▇▄▄▃▃▁▁ | Cost of Funds (%) | 1.14% | 1.10% | 1.04% | 1.03% | 1.01% | 1.01% | 0.95% | 0.97% |
| ▁▅▁█▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.02% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.05% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▄▄▅▇█▇ | Tang. Book Value ($M) | $27 | $25 | $29 | $29 | $31 | $33 | $35 | $33 |
| ▁▁▃▄▄▅▆█ | Gross Loans ($M) | $140 | $139 | $148 | $150 | $152 | $154 | $157 | $166 |
| ▃█▃▄▇▁▃▄ | Total Deposits ($M) | $383 | $401 | $385 | $388 | $395 | $376 | $383 | $388 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 5% |
| Consumer | 2% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 12% |