Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.65% | -0.25 | 1.91% |
| Return on Equity (%) | ▼ | 11.76% | -2.27 | 14.03% |
| Net Interest Margin (%) | ▼ | 4.76% | -0.26 | 5.02% |
| Efficiency Ratio (%) | ▼ | 54.32% | +2.61 | 51.71% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 0.84% | -0.10 | 0.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +24.31 | $225 |
| Gross Loans ($M) | ▲ | $114 | +5.28 | $108 |
| Loan Growth YoY (%) | ▼ | 52.60% | -2.93 | 55.53% |
| Total Deposits ($M) | ▲ | $213 | +20.67 | $192 |
| Shareholders Equity ($M) | ▲ | $34 | +3.85 | $31 |
| Tang. Book Value ($M) | ▲ | $34 | +3.85 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +3.90 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 52.60% | -2.93 | 55.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.28% | -0.02% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.00 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▇▇█▇▃▁ | Net Interest Margin (%) | 5.10% | 5.05% | 5.04% | 5.02% | 5.10% | 5.02% | 4.85% | 4.76% |
| █▆▂▂▂▂▁▁ | Return on Assets (%) | 2.82% | 2.50% | 1.92% | 1.91% | 1.93% | 1.93% | 1.77% | 1.65% |
| ▁▄▇▇▇▇██ | Efficiency Ratio (%) | 42.2% | 47.5% | 51.9% | 51.7% | 51.8% | 52.1% | 53.8% | 54.3% |
| ▆█▄▄▆▄▂▁ | Cost of Funds (%) | 1.04% | 1.11% | 0.96% | 0.94% | 1.01% | 0.96% | 0.89% | 0.84% |
| ██▁▁▁▁▁▁ | NPA / Assets (%) | 0.06% | 0.06% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% |
| ██▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| ▂▁▂▃▅▆▇█ | Tang. Book Value ($M) | $29 | $28 | $30 | $31 | $32 | $33 | $33 | $34 |
| ▁▄▅▆▆▇██ | Gross Loans ($M) | $96 | $104 | $106 | $108 | $109 | $111 | $115 | $114 |
| ▁▁▃▄▃▄▇█ | Total Deposits ($M) | $174 | $177 | $188 | $192 | $185 | $191 | $205 | $213 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 5% |