Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.55 | 0.58% |
| Return on Equity (%) | ▲ | 6.02% | +2.81 | 3.21% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.89 | 2.94% |
| Efficiency Ratio (%) | ▲ | 57.21% | -15.72 | 72.93% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.23 | $1 |
| Cost of Funds (%) | ▲ | 2.07% | -0.19 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $646 | +6.97 | $640 |
| Gross Loans ($M) | ▲ | $556 | +15.30 | $541 |
| Loan Growth YoY (%) | ▲ | 107.87% | +0.55 | 107.32% |
| Total Deposits ($M) | ▲ | $509 | +11.38 | $498 |
| Shareholders Equity ($M) | ▲ | $123 | +6.88 | $116 |
| Tang. Book Value ($M) | ▲ | $123 | +6.88 | $116 |
| TBV excl. AOCI ($M)** | ▲ | $126 | +6.44 | $120 |
| Loan / Deposit Ratio (%) | ▲ | 107.87% | +0.55 | 107.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.33 | 0.43% |
| Allowance / Loans (%) | — | 1.29% | 0.02% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.39 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 2.44% | 2.51% | 2.79% | 2.94% | 3.12% | 3.23% | 3.73% | 3.82% |
| ▁▁▃▄▅▅██ | Return on Assets (%) | 0.21% | 0.25% | 0.50% | 0.58% | 0.68% | 0.76% | 1.08% | 1.13% |
| ██▅▅▄▃▁▁ | Efficiency Ratio (%) | 87.7% | 85.7% | 75.8% | 72.9% | 69.5% | 66.0% | 58.1% | 57.2% |
| ██▆▅▃▃▁▁ | Cost of Funds (%) | 2.42% | 2.42% | 2.31% | 2.27% | 2.19% | 2.16% | 2.07% | 2.07% |
| ▇▆██▆▆▆▁ | NPA / Assets (%) | 0.36% | 0.34% | 0.42% | 0.43% | 0.33% | 0.31% | 0.31% | 0.10% |
| ▇▆██▆▆▆▁ | Net Charge-Off Ratio (%) | 0.44% | 0.40% | 0.50% | 0.51% | 0.40% | 0.37% | 0.37% | 0.11% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $112 | $113 | $114 | $116 | $117 | $120 | $121 | $123 |
| ▁▃▄▆▅▆▇█ | Gross Loans ($M) | $498 | $519 | $523 | $541 | $532 | $539 | $548 | $556 |
| ▁▆▇▆▆▇██ | Total Deposits ($M) | $456 | $494 | $501 | $498 | $495 | $502 | $513 | $509 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 32% |