Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.80% | +0.15 | 1.65% |
| Return on Equity (%) | ▲ | 17.28% | +1.77 | 15.51% |
| Net Interest Margin (%) | ▼ | 4.83% | -0.20 | 5.03% |
| Efficiency Ratio (%) | ▲ | 33.31% | -3.81 | 37.12% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.68 | $5 |
| Cost of Funds (%) | ▲ | 2.83% | -0.46 | 3.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $774 | +132.59 | $641 |
| Gross Loans ($M) | ▲ | $561 | +110.18 | $451 |
| Loan Growth YoY (%) | ▲ | 83.94% | +0.69 | 83.25% |
| Total Deposits ($M) | ▲ | $660 | +125.10 | $535 |
| Shareholders Equity ($M) | ▲ | $79 | +11.82 | $68 |
| Tang. Book Value ($M) | ▲ | $75 | +11.88 | $63 |
| TBV excl. AOCI ($M)** | ▲ | $78 | +12.38 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 83.94% | +0.69 | 83.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.09 | 0.12% |
| Allowance / Loans (%) | — | 1.35% | -0.00% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.12 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▅▅▆▁▁ | Net Interest Margin (%) | 5.22% | 5.21% | 5.11% | 5.03% | 5.06% | 5.09% | 4.81% | 4.83% |
| ▁▂▄▆▆▆██ | Return on Assets (%) | 1.36% | 1.42% | 1.53% | 1.65% | 1.67% | 1.64% | 1.76% | 1.80% |
| ██▄▄▃▂▂▁ | Efficiency Ratio (%) | 42.6% | 41.9% | 37.5% | 37.1% | 36.3% | 35.5% | 34.5% | 33.3% |
| ██▃▆▆▄▂▁ | Cost of Funds (%) | 3.41% | 3.46% | 3.01% | 3.29% | 3.24% | 3.10% | 2.97% | 2.83% |
| ██▁▂▂▃▄▄ | NPA / Assets (%) | 0.35% | 0.34% | 0.06% | 0.12% | 0.11% | 0.15% | 0.19% | 0.21% |
| ██▁▂▂▃▄▄ | Net Charge-Off Ratio (%) | 0.49% | 0.48% | 0.09% | 0.16% | 0.14% | 0.19% | 0.25% | 0.28% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $56 | $58 | $61 | $63 | $67 | $69 | $72 | $75 |
| ▁▁▃▃▅▇██ | Gross Loans ($M) | $393 | $397 | $444 | $451 | $490 | $528 | $549 | $561 |
| ▁▁▃▄▄▆▇█ | Total Deposits ($M) | $450 | $456 | $528 | $535 | $547 | $592 | $611 | $660 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 15% |
| Consumer | 18% |
| Other | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 20% |