Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.27 | 1.40% |
| Return on Equity (%) | ▲ | 11.71% | +2.76 | 8.95% |
| Net Interest Margin (%) | ▼ | 3.76% | -0.05 | 3.81% |
| Efficiency Ratio (%) | ▲ | 52.67% | -13.50 | 66.17% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.77 | $1 |
| Cost of Funds (%) | ▼ | 2.50% | +0.02 | 2.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $389 | +56.60 | $333 |
| Gross Loans ($M) | ▲ | $263 | +46.82 | $216 |
| Loan Growth YoY (%) | ▲ | 83.38% | +1.50 | 81.88% |
| Total Deposits ($M) | ▲ | $312 | +50.59 | $261 |
| Shareholders Equity ($M) | ▲ | $58 | +5.84 | $52 |
| Tang. Book Value ($M) | ▲ | $56 | +5.99 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 83.38% | +1.50 | 81.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.16% | 0.09% | 1.07% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▆██▃▅▅▇ | Net Interest Margin (%) | 3.48% | 3.71% | 3.83% | 3.81% | 3.59% | 3.68% | 3.69% | 3.76% |
| ▇▇█▂▁▁▅▆ | Return on Assets (%) | 1.77% | 1.78% | 1.93% | 1.40% | 1.23% | 1.27% | 1.65% | 1.67% |
| ▁▁██▇▆▅▄ | Efficiency Ratio (%) | 41.4% | 41.6% | 68.6% | 66.2% | 64.9% | 60.2% | 55.5% | 52.7% |
| ██▁▁▂▆▁▂ | Cost of Funds (%) | 3.66% | 3.61% | 2.47% | 2.48% | 2.62% | 3.31% | 2.32% | 2.50% |
| █▃▁▁▁▁▁▁ | NPA / Assets (%) | 0.24% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▃▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.38% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▅▆▆▇█ | Tang. Book Value ($M) | $43 | $45 | $48 | $50 | $51 | $53 | $53 | $56 |
| ▂▁▁▂▅▇▆█ | Gross Loans ($M) | $219 | $215 | $209 | $216 | $237 | $253 | $247 | $263 |
| ▄▁▁▂█▇█▇ | Total Deposits ($M) | $281 | $241 | $238 | $261 | $332 | $310 | $320 | $312 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 24% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 37% |