Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.14 | 0.46% |
| Return on Equity (%) | ▲ | 6.43% | +1.15 | 5.28% |
| Net Interest Margin (%) | ▲ | 2.48% | +0.25 | 2.24% |
| Efficiency Ratio (%) | ▲ | 72.72% | -3.98 | 76.69% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.64% | -0.20 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $445 | +3.04 | $442 |
| Gross Loans ($M) | ▲ | $331 | +9.78 | $321 |
| Loan Growth YoY (%) | ▲ | 90.18% | +3.01 | 87.17% |
| Total Deposits ($M) | ▼ | $366 | -1.26 | $367 |
| Shareholders Equity ($M) | ▲ | $41 | +2.49 | $39 |
| Tang. Book Value ($M) | ▲ | $41 | +2.50 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +2.32 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 90.18% | +3.01 | 87.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 0.35% | -0.05% | 0.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 2.04% | 2.04% | 2.17% | 2.24% | 2.25% | 2.30% | 2.43% | 2.48% |
| ▁▁▃▄▅▆██ | Return on Assets (%) | 0.34% | 0.36% | 0.41% | 0.46% | 0.49% | 0.54% | 0.61% | 0.60% |
| ██▇▄▄▂▁▁ | Efficiency Ratio (%) | 83.0% | 82.5% | 80.8% | 76.7% | 75.8% | 74.0% | 71.3% | 72.7% |
| ██▆▆▇▃▂▁ | Cost of Funds (%) | 1.94% | 1.96% | 1.84% | 1.84% | 1.89% | 1.74% | 1.69% | 1.64% |
| █▁▁▁▁▁▁▇ | NPA / Assets (%) | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| █▁▁▁▁▁▁▆ | Net Charge-Off Ratio (%) | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
| ▄▁▂▃▆█▇█ | Tang. Book Value ($M) | $39 | $38 | $39 | $39 | $40 | $41 | $41 | $41 |
| ▁▂▄▃▅▅▄█ | Gross Loans ($M) | $317 | $319 | $323 | $321 | $324 | $324 | $324 | $331 |
| ▁▇█▄█▆▃▃ | Total Deposits ($M) | $361 | $372 | $374 | $367 | $374 | $370 | $364 | $366 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 14% |