Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.35 | 1.04% |
| Return on Equity (%) | ▲ | 10.23% | +2.34 | 7.89% |
| Net Interest Margin (%) | ▲ | 3.20% | +0.28 | 2.92% |
| Efficiency Ratio (%) | ▲ | 46.97% | -4.50 | 51.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▼ | 1.60% | +0.07 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $235 | +14.55 | $220 |
| Gross Loans ($M) | ▼ | $142 | -5.25 | $147 |
| Loan Growth YoY (%) | ▼ | 71.86% | -6.95 | 78.81% |
| Total Deposits ($M) | ▲ | $195 | +10.57 | $184 |
| Shareholders Equity ($M) | ▲ | $33 | +3.71 | $29 |
| Tang. Book Value ($M) | ▲ | $33 | +3.71 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +3.90 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 71.86% | -6.95 | 78.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Allowance / Loans (%) | — | 1.04% | 0.03% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.06% | +0.06 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 2.64% | 2.67% | 2.80% | 2.92% | 2.99% | 3.00% | 3.10% | 3.20% |
| ▁▁▁▂▂▃█▇ | Return on Assets (%) | 1.00% | 1.01% | 0.97% | 1.04% | 1.05% | 1.11% | 1.48% | 1.39% |
| ███▆▆▅▄▁ | Efficiency Ratio (%) | 52.8% | 53.0% | 52.9% | 51.5% | 51.3% | 50.0% | 49.3% | 47.0% |
| ██▃▁▂▂▁▂ | Cost of Funds (%) | 1.81% | 1.81% | 1.61% | 1.53% | 1.58% | 1.59% | 1.55% | 1.60% |
| ▁▁▁▁▁▁▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.04% |
| ▁▁▁▁▁▁▆█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.06% |
| ▃▁▂▂▅▆▇█ | Tang. Book Value ($M) | $30 | $28 | $29 | $29 | $31 | $32 | $32 | $33 |
| ▂▂▁▅█▆▂▂ | Gross Loans ($M) | $140 | $140 | $137 | $147 | $156 | $151 | $140 | $142 |
| ▂▂▁▁▂▇█▆ | Total Deposits ($M) | $188 | $188 | $186 | $184 | $189 | $199 | $201 | $195 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 9% |