Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.17 | 1.25% |
| Return on Equity (%) | ▼ | 15.57% | -0.26 | 15.83% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.21 | 3.66% |
| Efficiency Ratio (%) | ▲ | 46.08% | -8.75 | 54.83% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.70 | $2 |
| Cost of Funds (%) | ▲ | 1.33% | -0.07 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $563 | +9.18 | $554 |
| Gross Loans ($M) | ▲ | $296 | +48.49 | $247 |
| Loan Growth YoY (%) | ▲ | 57.93% | +9.50 | 48.43% |
| Total Deposits ($M) | ▼ | $505 | -0.08 | $505 |
| Shareholders Equity ($M) | ▲ | $54 | +8.89 | $45 |
| Tang. Book Value ($M) | ▲ | $54 | +8.89 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $64 | +7.87 | $56 |
| Loan / Deposit Ratio (%) | ▲ | 57.93% | +9.50 | 48.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.00 | 0.08% |
| Allowance / Loans (%) | — | 1.03% | 0.03% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.03 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▄▄▅█ | Net Interest Margin (%) | 3.46% | 3.53% | 3.58% | 3.66% | 3.62% | 3.63% | 3.67% | 3.86% |
| ▁▂▃▅▄▅██ | Return on Assets (%) | 1.07% | 1.13% | 1.16% | 1.25% | 1.20% | 1.25% | 1.40% | 1.41% |
| ███▆▆▅▁▁ | Efficiency Ratio (%) | 58.9% | 58.0% | 57.5% | 54.8% | 54.1% | 53.5% | 47.1% | 46.1% |
| ██▃▄▇▅▁▂ | Cost of Funds (%) | 1.54% | 1.57% | 1.37% | 1.40% | 1.49% | 1.43% | 1.27% | 1.33% |
| █▁▁▁▁██▁ | NPA / Assets (%) | 0.20% | 0.09% | 0.08% | 0.08% | 0.08% | 0.22% | 0.20% | 0.08% |
| ▂▁▁▁▁██▁ | Net Charge-Off Ratio (%) | 0.20% | 0.19% | 0.19% | 0.19% | 0.19% | 0.46% | 0.43% | 0.16% |
| ▁▁▂▃▅▆▆█ | Tang. Book Value ($M) | $42 | $41 | $43 | $45 | $49 | $49 | $51 | $54 |
| ▁▃▁▁▁▃▅█ | Gross Loans ($M) | $246 | $260 | $249 | $247 | $247 | $260 | $273 | $296 |
| ▁▁▆▅▅▃█▅ | Total Deposits ($M) | $476 | $482 | $512 | $505 | $506 | $495 | $528 | $505 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 22% |