Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.14 | 1.01% |
| Return on Equity (%) | ▲ | 14.68% | +0.76 | 13.92% |
| Net Interest Margin (%) | ▲ | 3.48% | +0.17 | 3.30% |
| Efficiency Ratio (%) | ▲ | 57.16% | -3.25 | 60.41% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.02 | $2 |
| Cost of Funds (%) | ▼ | 2.62% | +0.20 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $458 | +26.62 | $432 |
| Gross Loans ($M) | ▲ | $388 | +29.52 | $358 |
| Loan Growth YoY (%) | ▲ | 100.54% | +1.86 | 98.68% |
| Total Deposits ($M) | ▲ | $384 | +22.53 | $362 |
| Shareholders Equity ($M) | ▲ | $37 | +5.42 | $32 |
| Tang. Book Value ($M) | ▲ | $37 | +5.42 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +5.34 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 100.54% | +1.86 | 98.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.21% | +0.21 | 0.00% |
| Allowance / Loans (%) | — | 0.32% | 0.01% | 0.31% |
| Net Charge-Off Ratio (%) | ▼ | 0.19% | +0.19 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.94% | +0.64 | 12.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 2.81% | 2.89% | 3.23% | 3.30% | 3.36% | 3.41% | 3.50% | 3.48% |
| ▁▁▂▄▅▆█▆ | Return on Assets (%) | 0.79% | 0.86% | 0.92% | 1.01% | 1.11% | 1.17% | 1.34% | 1.15% |
| ██▇▆▄▄▁▄ | Efficiency Ratio (%) | 65.1% | 63.8% | 62.0% | 60.4% | 57.3% | 56.8% | 51.3% | 57.2% |
| █▇▅▄▃▅▁█ | Cost of Funds (%) | 2.64% | 2.58% | 2.46% | 2.42% | 2.37% | 2.45% | 2.25% | 2.62% |
| ▂▁▃▁▁▇▃█ | NPA / Assets (%) | 0.04% | 0.02% | 0.07% | 0.00% | 0.02% | 0.18% | 0.06% | 0.21% |
| ▂▁▄▁▁█▃█ | Net Charge-Off Ratio (%) | 0.04% | 0.02% | 0.09% | 0.00% | 0.03% | 0.21% | 0.07% | 0.19% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $30 | $30 | $31 | $32 | $34 | $35 | $36 | $37 |
| ▁▁▃▄▆▇██ | Gross Loans ($M) | $336 | $342 | $354 | $358 | $372 | $378 | $386 | $388 |
| ▁▁▃▄▅▆█▇ | Total Deposits ($M) | $341 | $344 | $358 | $362 | $369 | $377 | $396 | $384 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 20% |