Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.25 | 1.25% |
| Return on Equity (%) | ▲ | 15.81% | +1.85 | 13.96% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.29 | 4.02% |
| Efficiency Ratio (%) | ▲ | 53.05% | -4.54 | 57.60% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.03 | $3 |
| Cost of Funds (%) | ▲ | 1.59% | -0.31 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $713 | +48.21 | $665 |
| Gross Loans ($M) | ▲ | $563 | +52.46 | $511 |
| Loan Growth YoY (%) | ▲ | 89.74% | +4.33 | 85.40% |
| Total Deposits ($M) | ▲ | $618 | +29.93 | $588 |
| Shareholders Equity ($M) | ▲ | $66 | +7.24 | $59 |
| Tang. Book Value ($M) | ▲ | $66 | +7.24 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +7.75 | $62 |
| Loan / Deposit Ratio (%) | ▲ | 89.74% | +4.33 | 85.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 1.59% | -0.14% | 1.73% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.05 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.56% | -0.44 | 13.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▅▆▆▇█ | Net Interest Margin (%) | 3.61% | 3.72% | 4.09% | 4.02% | 4.06% | 4.12% | 4.19% | 4.31% |
| ▁▂▆▄▄▅██ | Return on Assets (%) | 1.01% | 1.08% | 1.34% | 1.25% | 1.25% | 1.28% | 1.44% | 1.50% |
| █▇▃▄▅▄▁▁ | Efficiency Ratio (%) | 62.6% | 61.0% | 55.9% | 57.6% | 57.9% | 57.8% | 54.0% | 53.1% |
| █▇▄▄▃▂▁▁ | Cost of Funds (%) | 2.40% | 2.23% | 1.98% | 1.90% | 1.88% | 1.71% | 1.57% | 1.59% |
| ▄█▁▄▄▇▁▁ | NPA / Assets (%) | 0.03% | 0.07% | 0.00% | 0.03% | 0.03% | 0.06% | 0.00% | 0.00% |
| ▄█▁▅▄▇▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.09% | 0.00% | 0.05% | 0.04% | 0.07% | 0.00% | 0.00% |
| ▁▁▂▂▅▆▇█ | Tang. Book Value ($M) | $58 | $57 | $58 | $59 | $62 | $63 | $65 | $66 |
| ▁▁▁▁▃▅▅█ | Gross Loans ($M) | $512 | $514 | $511 | $511 | $531 | $539 | $543 | $563 |
| ▁▁▃▅▅▂▃█ | Total Deposits ($M) | $555 | $551 | $571 | $588 | $590 | $563 | $576 | $618 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 13% |