Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.02 | 1.14% |
| Return on Equity (%) | ▼ | 10.23% | -0.46 | 10.69% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.08 | 3.64% |
| Efficiency Ratio (%) | ▲ | 58.73% | -1.39 | 60.12% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.30 | $2 |
| Cost of Funds (%) | ▲ | 1.19% | -0.11 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $562 | +48.16 | $514 |
| Gross Loans ($M) | ▲ | $321 | +51.18 | $270 |
| Loan Growth YoY (%) | ▲ | 66.08% | +6.15 | 59.93% |
| Total Deposits ($M) | ▲ | $479 | +36.33 | $442 |
| Shareholders Equity ($M) | ▲ | $65 | +9.67 | $55 |
| Tang. Book Value ($M) | ▲ | $65 | +9.67 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +9.39 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 66.08% | +6.15 | 59.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.03 | 0.04% |
| Allowance / Loans (%) | — | 1.53% | -0.30% | 1.83% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.05 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.06% | -1.05 | 22.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▅▆▅▅█ | Net Interest Margin (%) | 3.57% | 3.57% | 3.52% | 3.64% | 3.65% | 3.64% | 3.63% | 3.72% |
| ▆█▁▅▆█▂▆ | Return on Assets (%) | 1.15% | 1.23% | 0.99% | 1.14% | 1.15% | 1.21% | 1.03% | 1.16% |
| ▁▁▇▆██▅▂ | Efficiency Ratio (%) | 58.0% | 58.2% | 60.7% | 60.1% | 61.1% | 61.4% | 60.0% | 58.7% |
| ▇█▃▄▃▃▁▁ | Cost of Funds (%) | 1.40% | 1.47% | 1.27% | 1.30% | 1.28% | 1.26% | 1.18% | 1.19% |
| ██▄█▂▂▁▁ | NPA / Assets (%) | 0.04% | 0.04% | 0.02% | 0.04% | 0.02% | 0.02% | 0.01% | 0.01% |
| ██▄█▂▂▁▁ | Net Charge-Off Ratio (%) | 0.06% | 0.05% | 0.03% | 0.06% | 0.02% | 0.01% | 0.01% | 0.01% |
| ▄▁▂▃▅▆▇█ | Tang. Book Value ($M) | $57 | $51 | $54 | $55 | $60 | $62 | $62 | $65 |
| ▁▁▂▁▂▅▇█ | Gross Loans ($M) | $267 | $269 | $278 | $270 | $281 | $296 | $313 | $321 |
| ▃▁▃▃▅▇██ | Total Deposits ($M) | $440 | $424 | $440 | $442 | $455 | $468 | $473 | $479 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 13% |