Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.03% | -0.12 | 1.14% |
| Return on Equity (%) | ▼ | 15.83% | -7.03 | 22.86% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.27 | 3.35% |
| Efficiency Ratio (%) | ▲ | 58.89% | -1.95 | 60.84% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.29% | -0.28 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $300 | +11.03 | $289 |
| Gross Loans ($M) | ▲ | $156 | +15.70 | $140 |
| Loan Growth YoY (%) | ▲ | 58.21% | +6.43 | 51.78% |
| Total Deposits ($M) | ▼ | $264 | -3.04 | $267 |
| Shareholders Equity ($M) | ▲ | $20 | +5.06 | $15 |
| Tang. Book Value ($M) | ▲ | $20 | +5.06 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +4.95 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 58.21% | +6.43 | 51.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.03 | 0.04% |
| Allowance / Loans (%) | — | 1.30% | 0.07% | 1.23% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.05 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.99% | +0.02 | 13.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▃▃▃▇█ | Net Interest Margin (%) | 3.33% | 3.36% | 3.25% | 3.35% | 3.36% | 3.37% | 3.55% | 3.62% |
| ▁▁▆█▇▆▇▇ | Return on Assets (%) | 0.56% | 0.56% | 0.93% | 1.14% | 1.06% | 0.98% | 1.05% | 1.03% |
| ██▇▂▄▆▁▁ | Efficiency Ratio (%) | 71.2% | 70.4% | 69.2% | 60.8% | 63.8% | 67.2% | 59.3% | 58.9% |
| ▄▆▄██▇▂▁ | Cost of Funds (%) | 1.42% | 1.49% | 1.41% | 1.57% | 1.57% | 1.54% | 1.36% | 1.29% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.05% | 0.04% | 0.06% | 0.04% | 0.06% | 0.06% | 0.45% | 0.07% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.10% | 0.08% | 0.12% | 0.09% | 0.12% | 0.11% | 0.93% | 0.13% |
| ▄▁▂▂▇███ | Tang. Book Value ($M) | $17 | $13 | $15 | $15 | $18 | $19 | $20 | $20 |
| ▁▂▁▄▃▆▆█ | Gross Loans ($M) | $130 | $135 | $133 | $140 | $138 | $147 | $148 | $156 |
| ▁▂█▇▇██▆ | Total Deposits ($M) | $238 | $246 | $275 | $267 | $268 | $271 | $275 | $264 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 8% |
| Consumer | 23% |
| Other | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 10% |