Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.41 | 0.67% |
| Return on Equity (%) | ▲ | 11.20% | +3.49 | 7.71% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.74 | 3.72% |
| Efficiency Ratio (%) | ▲ | 67.05% | -9.30 | 76.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 1.35% | -0.15 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $220 | +7.27 | $212 |
| Gross Loans ($M) | ▲ | $160 | +15.11 | $145 |
| Loan Growth YoY (%) | ▲ | 83.29% | +6.07 | 77.22% |
| Total Deposits ($M) | ▲ | $188 | +3.65 | $185 |
| Shareholders Equity ($M) | ▲ | $22 | +2.47 | $19 |
| Tang. Book Value ($M) | ▲ | $22 | +2.47 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.23 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 83.29% | +6.07 | 77.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.05 | 0.01% |
| Allowance / Loans (%) | — | 2.04% | 0.38% | 1.66% |
| Net Charge-Off Ratio (%) | ▼ | 0.08% | +0.06 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.94% | -1.16 | 15.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▅██ | Net Interest Margin (%) | 2.96% | 3.12% | 3.64% | 3.72% | 3.74% | 3.84% | 4.46% | 4.46% |
| ▁▂▃▄▄▄██ | Return on Assets (%) | 0.35% | 0.50% | 0.59% | 0.67% | 0.71% | 0.71% | 1.08% | 1.08% |
| █▇▆▅▄▃▁▁ | Efficiency Ratio (%) | 85.0% | 81.3% | 78.7% | 76.4% | 74.8% | 71.8% | 67.0% | 67.1% |
| █▅▁▄▅▂▁▁ | Cost of Funds (%) | 1.68% | 1.53% | 1.34% | 1.50% | 1.52% | 1.39% | 1.33% | 1.35% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.06% | 0.06% | 0.06% | 0.06% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.09% | 0.09% | 0.08% | 0.08% |
| ▁▁▂▄▆▇██ | Tang. Book Value ($M) | $18 | $18 | $18 | $19 | $21 | $21 | $22 | $22 |
| ▁▂▁▂▃▃▇█ | Gross Loans ($M) | $142 | $145 | $142 | $145 | $149 | $148 | $156 | $160 |
| ▁▅▄▂▇█▅▄ | Total Deposits ($M) | $182 | $191 | $188 | $185 | $194 | $197 | $191 | $188 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 11% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 10% |