Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.54 | 0.70% |
| Return on Equity (%) | ▲ | 12.43% | +5.67 | 6.76% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.08 | 4.18% |
| Efficiency Ratio (%) | ▼ | 59.27% | +0.69 | 58.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▼ | 3.22% | +0.23 | 2.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $241 | +15.64 | $226 |
| Gross Loans ($M) | ▲ | $199 | +38.70 | $161 |
| Loan Growth YoY (%) | ▲ | 96.31% | +12.60 | 83.71% |
| Total Deposits ($M) | ▲ | $204 | +14.69 | $190 |
| Shareholders Equity ($M) | ▲ | $25 | +1.67 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +1.80 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 96.31% | +12.60 | 83.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.29 | 0.37% |
| Allowance / Loans (%) | — | 1.31% | 0.09% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 0.70% | +0.18 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▁▁▁▄▃ | Net Interest Margin (%) | 4.55% | 4.48% | 4.16% | 4.18% | 4.17% | 4.14% | 4.31% | 4.27% |
| ▂▁▁▁▁▂█▇ | Return on Assets (%) | 0.80% | 0.71% | 0.64% | 0.70% | 0.72% | 0.77% | 1.38% | 1.24% |
| █▇▁▁▁▁▁▂ | Efficiency Ratio (%) | 78.3% | 73.6% | 58.3% | 58.6% | 57.8% | 58.7% | 56.5% | 59.3% |
| █▂▁▂▃▆▃▅ | Cost of Funds (%) | 3.53% | 2.97% | 2.85% | 2.99% | 3.05% | 3.35% | 3.03% | 3.22% |
| ▂▁▁▄▅█▅█ | NPA / Assets (%) | 0.11% | 0.02% | 0.01% | 0.37% | 0.40% | 0.74% | 0.40% | 0.66% |
| ▁▁▁▅▅█▄▇ | Net Charge-Off Ratio (%) | 0.08% | 0.02% | 0.01% | 0.52% | 0.53% | 0.90% | 0.37% | 0.70% |
| ▁▅▅▇████ | Tang. Book Value ($M) | $11 | $18 | $19 | $22 | $23 | $23 | $24 | $24 |
| ▁▃▅▆▇███ | Gross Loans ($M) | $93 | $120 | $147 | $161 | $185 | $191 | $196 | $199 |
| ▁▃▆▇████ | Total Deposits ($M) | $97 | $133 | $169 | $190 | $204 | $209 | $212 | $204 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 24% |
| Brokered / Other | 70% |