Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.15 | 0.74% |
| Return on Equity (%) | ▲ | 7.53% | +0.89 | 6.64% |
| Net Interest Margin (%) | ▲ | 3.17% | +0.32 | 2.85% |
| Efficiency Ratio (%) | ▲ | 65.56% | -2.78 | 68.34% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.75 | $3 |
| Cost of Funds (%) | ▲ | 2.00% | -0.60 | 2.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,206 | +18.74 | $1,188 |
| Gross Loans ($M) | ▲ | $936 | +12.90 | $923 |
| Loan Growth YoY (%) | ▲ | 98.96% | +7.27 | 91.69% |
| Total Deposits ($M) | ▼ | $939 | -59.32 | $998 |
| Shareholders Equity ($M) | ▲ | $142 | +10.60 | $132 |
| Tang. Book Value ($M) | ▲ | $133 | +10.60 | $122 |
| TBV excl. AOCI ($M)** | ▲ | $142 | +11.85 | $130 |
| Loan / Deposit Ratio (%) | ▲ | 98.96% | +7.27 | 91.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.69% | -0.12% | 0.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▄▅▆▇█ | Net Interest Margin (%) | 2.53% | 2.62% | 2.81% | 2.85% | 2.88% | 2.97% | 3.07% | 3.17% |
| ▁▁▄▅▆█▆█ | Return on Assets (%) | 0.50% | 0.50% | 0.66% | 0.74% | 0.78% | 0.87% | 0.78% | 0.89% |
| ██▅▃▃▂▃▁ | Efficiency Ratio (%) | 75.0% | 76.1% | 70.9% | 68.3% | 68.4% | 67.5% | 68.7% | 65.6% |
| █▇▃▅▅▄▁▁ | Cost of Funds (%) | 3.19% | 2.91% | 2.37% | 2.60% | 2.64% | 2.41% | 1.93% | 2.00% |
| ▁▁▁▁▁██▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.30% | 0.28% | 0.00% |
| ▁▁▁▁▁██▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.39% | 0.38% | 0.00% |
| ▅▁▂▃▅▇▇█ | Tang. Book Value ($M) | $125 | $117 | $120 | $122 | $126 | $129 | $130 | $133 |
| ▇▁▅▇▂▂▆█ | Gross Loans ($M) | $913 | $834 | $888 | $923 | $856 | $856 | $898 | $936 |
| ▅▁▅▆█▃▁▂ | Total Deposits ($M) | $984 | $929 | $986 | $998 | $1,039 | $951 | $913 | $939 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 14% |
| Other | 27% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 13% |