Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.13 | 0.98% |
| Return on Equity (%) | ▲ | 8.16% | +0.30 | 7.86% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.25 | 3.03% |
| Efficiency Ratio (%) | ▲ | 52.57% | -2.00 | 54.57% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.12 | $2 |
| Cost of Funds (%) | ▲ | 2.28% | -0.36 | 2.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $537 | -13.10 | $550 |
| Gross Loans ($M) | ▼ | $419 | -31.81 | $451 |
| Loan Growth YoY (%) | ▼ | 93.46% | -3.24 | 96.70% |
| Total Deposits ($M) | ▼ | $441 | -17.84 | $458 |
| Shareholders Equity ($M) | ▲ | $75 | +5.95 | $69 |
| Tang. Book Value ($M) | ▲ | $75 | +5.95 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $76 | +6.28 | $70 |
| Loan / Deposit Ratio (%) | ▼ | 93.46% | -3.24 | 96.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.10 | 0.00% |
| Allowance / Loans (%) | — | 1.79% | 0.07% | 1.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.51% | +2.91 | 15.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▇▇██ | Net Interest Margin (%) | 2.69% | 2.73% | 2.95% | 3.03% | 3.14% | 3.18% | 3.28% | 3.28% |
| ▁▂▄▆▇███ | Return on Assets (%) | 0.74% | 0.82% | 0.91% | 0.98% | 1.06% | 1.12% | 1.09% | 1.11% |
| █▆▅▃▂▁▂▂ | Efficiency Ratio (%) | 61.9% | 58.6% | 57.2% | 54.6% | 52.8% | 51.0% | 53.6% | 52.6% |
| █▅▄▄▅▃▁▁ | Cost of Funds (%) | 3.13% | 2.71% | 2.64% | 2.64% | 2.76% | 2.50% | 2.31% | 2.28% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.10% | 0.10% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.12% | 0.12% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $65 | $67 | $68 | $69 | $71 | $72 | $74 | $75 |
| ▂▆▇█▆▅▁▁ | Gross Loans ($M) | $426 | $439 | $443 | $451 | $439 | $438 | $419 | $419 |
| ▁▅▅█▁▃▃▂ | Total Deposits ($M) | $435 | $447 | $449 | $458 | $435 | $442 | $442 | $441 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 39% |