Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | — | 0.53% | 0.00 | 0.53% |
| Return on Equity (%) | ▲ | 5.67% | +0.17 | 5.50% |
| Net Interest Margin (%) | ▼ | 3.39% | -0.08 | 3.47% |
| Efficiency Ratio (%) | ▲ | 76.29% | -3.81 | 80.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▼ | 2.13% | +0.19 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $569 | +68.10 | $501 |
| Gross Loans ($M) | ▲ | $348 | +41.06 | $307 |
| Loan Growth YoY (%) | ▲ | 72.79% | +1.36 | 71.42% |
| Total Deposits ($M) | ▲ | $474 | +47.83 | $426 |
| Shareholders Equity ($M) | ▲ | $53 | +4.81 | $49 |
| Tang. Book Value ($M) | ▲ | $40 | +5.07 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $48 | +7.26 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 72.79% | +1.36 | 71.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.15 | 0.03% |
| Allowance / Loans (%) | — | 0.89% | 0.02% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.26 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.36% | -1.04 | 12.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁████▅▆ | Net Interest Margin (%) | 3.26% | 3.15% | 3.46% | 3.47% | 3.51% | 3.50% | 3.35% | 3.39% |
| █▄▁▆▄▅▅▆ | Return on Assets (%) | 0.59% | 0.49% | 0.42% | 0.53% | 0.49% | 0.52% | 0.51% | 0.53% |
| ▁▆▇▆▆█▂▁ | Efficiency Ratio (%) | 76.8% | 80.1% | 80.7% | 80.1% | 79.8% | 81.6% | 77.1% | 76.3% |
| █▅▁▁▂▂▂▄ | Cost of Funds (%) | 2.42% | 2.23% | 1.96% | 1.94% | 2.01% | 2.03% | 2.02% | 2.13% |
| ▃▄▁▁▆▅▇█ | NPA / Assets (%) | 0.08% | 0.10% | 0.03% | 0.03% | 0.13% | 0.11% | 0.15% | 0.18% |
| ▄▄▁▁▅▄▇█ | Net Charge-Off Ratio (%) | 0.15% | 0.16% | 0.05% | 0.04% | 0.19% | 0.17% | 0.24% | 0.30% |
| ▂▁▄▄▆▇▇█ | Tang. Book Value ($M) | $32 | $30 | $34 | $35 | $36 | $38 | $38 | $40 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $269 | $287 | $294 | $307 | $318 | $335 | $331 | $348 |
| ▁▁▂▄▅███ | Total Deposits ($M) | $384 | $388 | $397 | $426 | $432 | $477 | $466 | $474 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |