Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.96% | -0.04 | 3.00% |
| Return on Equity (%) | ▲ | 19.41% | +1.00 | 18.41% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.19 | 4.52% |
| Efficiency Ratio (%) | ▼ | 36.19% | +0.08 | 36.11% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.29 | $3 |
| Cost of Funds (%) | ▲ | 1.11% | -0.05 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $382 | +27.97 | $354 |
| Gross Loans ($M) | ▲ | $261 | +6.43 | $254 |
| Loan Growth YoY (%) | ▼ | 84.32% | -4.39 | 88.72% |
| Total Deposits ($M) | ▲ | $306 | +22.27 | $283 |
| Shareholders Equity ($M) | ▲ | $59 | +2.28 | $56 |
| Tang. Book Value ($M) | ▲ | $58 | +2.28 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +2.27 | $59 |
| Loan / Deposit Ratio (%) | ▼ | 84.32% | -4.39 | 88.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 1.17% | 0.01% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇█▇█ | Net Interest Margin (%) | 4.13% | 4.18% | 4.40% | 4.52% | 4.63% | 4.70% | 4.59% | 4.71% |
| ▂▁█▇▇▆█▆ | Return on Assets (%) | 2.45% | 2.28% | 3.20% | 3.00% | 3.02% | 2.88% | 3.10% | 2.96% |
| ▆█▁▃▂▆▃▃ | Efficiency Ratio (%) | 38.8% | 41.4% | 34.1% | 36.1% | 35.8% | 38.8% | 36.0% | 36.2% |
| ██▂▂▄▅▃▁ | Cost of Funds (%) | 1.33% | 1.33% | 1.16% | 1.16% | 1.21% | 1.23% | 1.18% | 1.11% |
| ▁▁▃▁▃▃█▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.00% | 0.01% | 0.01% | 0.04% | 0.03% |
| ▁▁▃▁▃▃█▆ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.02% | 0.00% | 0.02% | 0.02% | 0.06% | 0.04% |
| ▃▅█▄▇▁▄▇ | Tang. Book Value ($M) | $55 | $57 | $60 | $56 | $59 | $53 | $56 | $58 |
| ▁▃▃▆▇█▇█ | Gross Loans ($M) | $243 | $249 | $248 | $254 | $258 | $260 | $257 | $261 |
| ▁▁▂▃▁▃▅█ | Total Deposits ($M) | $274 | $275 | $280 | $283 | $275 | $282 | $293 | $306 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 8% |