Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.09 | 1.68% |
| Return on Equity (%) | ▲ | 12.50% | +0.33 | 12.17% |
| Net Interest Margin (%) | ▲ | 2.97% | +0.19 | 2.78% |
| Efficiency Ratio (%) | ▲ | 42.28% | -1.01 | 43.29% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.93% | -0.01 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $287 | +17.23 | $269 |
| Gross Loans ($M) | ▲ | $183 | +8.09 | $175 |
| Loan Growth YoY (%) | ▼ | 73.71% | -1.12 | 74.83% |
| Total Deposits ($M) | ▲ | $244 | +14.50 | $229 |
| Shareholders Equity ($M) | ▲ | $41 | +2.73 | $38 |
| Tang. Book Value ($M) | ▲ | $41 | +2.73 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +2.46 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 73.71% | -1.12 | 74.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 2.16% | -0.12% | 2.28% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 28.39% | +1.63 | 26.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▆███ | Net Interest Margin (%) | 2.72% | 2.74% | 2.70% | 2.78% | 2.89% | 2.94% | 2.96% | 2.97% |
| ▁▁▁▄▅███ | Return on Assets (%) | 1.62% | 1.63% | 1.61% | 1.68% | 1.72% | 1.77% | 1.79% | 1.77% |
| ▇▆█▆▅▂▁▃ | Efficiency Ratio (%) | 43.6% | 43.4% | 44.1% | 43.3% | 42.8% | 42.0% | 41.3% | 42.3% |
| ██▇▇▆▁▂▆ | Cost of Funds (%) | 1.96% | 1.97% | 1.95% | 1.95% | 1.92% | 1.82% | 1.86% | 1.93% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▃▅▇▇█ | Tang. Book Value ($M) | $37 | $37 | $37 | $38 | $40 | $41 | $40 | $41 |
| ▁▁▁▄▄▆▇█ | Gross Loans ($M) | $168 | $168 | $169 | $175 | $174 | $178 | $180 | $183 |
| ▂▅▃▁▄█▆▇ | Total Deposits ($M) | $232 | $239 | $234 | $229 | $236 | $247 | $242 | $244 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 30% |