Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.09% | +0.07 | 1.02% |
| Return on Equity (%) | ▲ | 12.54% | +1.45 | 11.09% |
| Net Interest Margin (%) | ▼ | 4.19% | -0.14 | 4.33% |
| Efficiency Ratio (%) | ▲ | 67.21% | -3.10 | 70.32% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▼ | 2.41% | +0.06 | 2.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $333 | +75.22 | $258 |
| Gross Loans ($M) | ▲ | $288 | +63.68 | $225 |
| Loan Growth YoY (%) | ▼ | 96.18% | -1.40 | 97.59% |
| Total Deposits ($M) | ▲ | $297 | +68.85 | $228 |
| Shareholders Equity ($M) | ▲ | $29 | +5.85 | $23 |
| Tang. Book Value ($M) | ▲ | $29 | +5.85 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 96.18% | -1.40 | 97.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.97% | 0.02% | 0.95% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.96% | -0.69 | 10.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆███▆▅ | Net Interest Margin (%) | 3.94% | 4.05% | 4.24% | 4.33% | 4.32% | 4.36% | 4.23% | 4.19% |
| ▄▆▁▆▅▅██ | Return on Assets (%) | 0.97% | 1.04% | 0.89% | 1.02% | 1.00% | 1.01% | 1.08% | 1.09% |
| ▂▁█▅▆▅▁▁ | Efficiency Ratio (%) | 68.3% | 67.6% | 72.2% | 70.3% | 70.5% | 70.1% | 67.7% | 67.2% |
| █▅▁▄▃▂▂▄ | Cost of Funds (%) | 2.66% | 2.47% | 2.16% | 2.35% | 2.35% | 2.28% | 2.26% | 2.41% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▂▃██ | Tang. Book Value ($M) | $23 | $23 | $23 | $23 | $24 | $24 | $28 | $29 |
| ▁▁▁▃▄▅▇█ | Gross Loans ($M) | $199 | $204 | $209 | $225 | $237 | $247 | $271 | $288 |
| ▁▁▁▂▄▅▆█ | Total Deposits ($M) | $215 | $213 | $219 | $228 | $247 | $259 | $274 | $297 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 6% |
| Consumer | 7% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 37% |
| Brokered / Other | 48% |