Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.16% | +0.62 | 1.54% |
| Return on Equity (%) | ▲ | 24.25% | +5.59 | 18.66% |
| Net Interest Margin (%) | ▼ | 4.50% | -0.14 | 4.64% |
| Efficiency Ratio (%) | ▲ | 48.51% | -12.45 | 60.96% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.30 | $6 |
| Cost of Funds (%) | ▼ | 1.54% | +0.27 | 1.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,066 | +152.07 | $914 |
| Gross Loans ($M) | ▲ | $808 | +136.63 | $671 |
| Loan Growth YoY (%) | ▲ | 82.16% | +2.76 | 79.40% |
| Total Deposits ($M) | ▲ | $970 | +136.29 | $833 |
| Shareholders Equity ($M) | ▲ | $93 | +16.33 | $76 |
| Tang. Book Value ($M) | ▲ | $92 | +16.48 | $75 |
| TBV excl. AOCI ($M)** | ▲ | $100 | +16.00 | $84 |
| Loan / Deposit Ratio (%) | ▲ | 82.16% | +2.76 | 79.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.01 | 0.05% |
| Allowance / Loans (%) | — | 1.37% | -0.04% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 0.09% | +0.03 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂██▅█▇▁ | Net Interest Margin (%) | 4.51% | 4.52% | 4.65% | 4.64% | 4.59% | 4.66% | 4.63% | 4.50% |
| █▇▁▄▆▇▇▇ | Return on Assets (%) | 2.51% | 2.27% | 0.83% | 1.54% | 1.94% | 2.16% | 2.21% | 2.16% |
| ▁▂█▅▄▄▃▃ | Efficiency Ratio (%) | 38.0% | 43.6% | 75.1% | 61.0% | 56.3% | 52.5% | 48.8% | 48.5% |
| ▅▄▂▂▁▇▅█ | Cost of Funds (%) | 1.40% | 1.36% | 1.26% | 1.27% | 1.22% | 1.48% | 1.41% | 1.54% |
| █▂▁▁▂▁▂▁ | NPA / Assets (%) | 0.33% | 0.12% | 0.05% | 0.05% | 0.09% | 0.06% | 0.09% | 0.06% |
| █▃▁▁▂▁▂▁ | Net Charge-Off Ratio (%) | 0.48% | 0.17% | 0.07% | 0.06% | 0.13% | 0.08% | 0.12% | 0.09% |
| ▁▁▁▂▄▆▇█ | Tang. Book Value ($M) | $74 | $73 | $72 | $75 | $81 | $86 | $88 | $92 |
| ▁▁▂▃▅▆▆█ | Gross Loans ($M) | $605 | $618 | $646 | $671 | $710 | $733 | $747 | $808 |
| ▁▁▂▂▇▅▄█ | Total Deposits ($M) | $794 | $810 | $826 | $833 | $939 | $899 | $866 | $970 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 27% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 9% |