Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.01 | 1.14% |
| Return on Equity (%) | ▼ | 11.68% | -0.72 | 12.40% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.11 | 3.57% |
| Efficiency Ratio (%) | ▲ | 54.22% | -0.20 | 54.42% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.14 | $4 |
| Cost of Funds (%) | ▲ | 1.32% | -0.35 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $949 | -2.78 | $952 |
| Gross Loans ($M) | ▲ | $602 | +27.37 | $575 |
| Loan Growth YoY (%) | ▲ | 70.99% | +4.23 | 66.76% |
| Total Deposits ($M) | ▼ | $836 | -12.50 | $849 |
| Shareholders Equity ($M) | ▲ | $94 | +7.34 | $86 |
| Tang. Book Value ($M) | ▲ | $94 | +7.34 | $86 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +7.60 | $88 |
| Loan / Deposit Ratio (%) | ▲ | 70.99% | +4.23 | 66.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.38% | -0.00% | 1.38% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.57% | +0.93 | 15.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▁▁▂▂▅▃ | Net Interest Margin (%) | 3.89% | 3.77% | 3.60% | 3.57% | 3.63% | 3.62% | 3.73% | 3.69% |
| █▆▁▂▅▅▆▂ | Return on Assets (%) | 1.23% | 1.20% | 1.12% | 1.14% | 1.19% | 1.19% | 1.20% | 1.14% |
| ▂▅█▇▅▄▁▇ | Efficiency Ratio (%) | 52.5% | 53.4% | 55.0% | 54.4% | 53.5% | 53.1% | 51.8% | 54.2% |
| █▆█▅▅▁▁▁ | Cost of Funds (%) | 1.96% | 1.78% | 1.89% | 1.68% | 1.70% | 1.34% | 1.37% | 1.32% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▄▃▅▇▇█ | Tang. Book Value ($M) | $83 | $86 | $88 | $86 | $89 | $92 | $91 | $94 |
| ▆▂▁▄▅███ | Gross Loans ($M) | $587 | $563 | $549 | $575 | $584 | $608 | $605 | $602 |
| ▁▇▆▇▆█▃▆ | Total Deposits ($M) | $707 | $848 | $825 | $849 | $826 | $886 | $771 | $836 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 45% |
| Interest-Bearing (core) | 27% |
| Brokered / Other | 28% |