Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.73% | +0.11 | 0.62% |
| Return on Equity (%) | ▲ | 8.59% | +0.31 | 8.28% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.01 | 4.31% |
| Efficiency Ratio (%) | ▼ | 78.86% | +0.47 | 78.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 1.50% | -0.13 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $376 | +4.81 | $371 |
| Gross Loans ($M) | ▼ | $221 | -17.72 | $239 |
| Loan Growth YoY (%) | ▼ | 64.89% | -8.31 | 73.20% |
| Total Deposits ($M) | ▲ | $336 | +13.76 | $322 |
| Shareholders Equity ($M) | ▲ | $33 | +4.33 | $29 |
| Tang. Book Value ($M) | ▲ | $33 | +4.33 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +4.19 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 64.89% | -8.31 | 73.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.26% | +0.26 | 0.00% |
| Allowance / Loans (%) | — | 1.43% | 0.16% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.15 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅███▄█ | Net Interest Margin (%) | 4.09% | 4.12% | 4.21% | 4.31% | 4.33% | 4.33% | 4.21% | 4.32% |
| ▁▁▆▅▆▇▆█ | Return on Assets (%) | 0.50% | 0.47% | 0.65% | 0.62% | 0.65% | 0.67% | 0.67% | 0.73% |
| ██▁▅▆▄▇▅ | Efficiency Ratio (%) | 80.9% | 81.8% | 74.0% | 78.4% | 78.9% | 77.6% | 80.3% | 78.9% |
| █▄▁▄▂▃▁▁ | Cost of Funds (%) | 1.90% | 1.63% | 1.47% | 1.63% | 1.56% | 1.56% | 1.45% | 1.50% |
| ▃▅▁▁▅▃▆█ | NPA / Assets (%) | 0.08% | 0.15% | 0.00% | 0.00% | 0.16% | 0.09% | 0.17% | 0.26% |
| ▄█▁▁█▅▅▅ | Net Charge-Off Ratio (%) | 0.12% | 0.24% | 0.00% | 0.00% | 0.26% | 0.13% | 0.14% | 0.15% |
| ▂▁▁▂▅█▇█ | Tang. Book Value ($M) | $29 | $28 | $28 | $29 | $31 | $33 | $32 | $33 |
| ▄▇▇▇▄█▄▁ | Gross Loans ($M) | $232 | $238 | $240 | $239 | $230 | $243 | $230 | $221 |
| ▁▄▁▂▄▃█▅ | Total Deposits ($M) | $317 | $332 | $315 | $322 | $331 | $328 | $354 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 4% |