Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.21 | 0.77% |
| Return on Equity (%) | ▲ | 7.18% | +1.44 | 5.74% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.28 | 3.27% |
| Efficiency Ratio (%) | ▲ | 60.55% | -2.64 | 63.19% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.40 | $3 |
| Cost of Funds (%) | ▼ | 2.24% | +0.03 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,051 | +32.03 | $1,019 |
| Gross Loans ($M) | ▲ | $911 | +39.86 | $871 |
| Loan Growth YoY (%) | ▲ | 107.14% | +2.22 | 104.92% |
| Total Deposits ($M) | ▲ | $843 | +20.13 | $823 |
| Shareholders Equity ($M) | ▲ | $146 | +11.53 | $135 |
| Tang. Book Value ($M) | ▲ | $142 | +12.35 | $130 |
| TBV excl. AOCI ($M)** | ▲ | $147 | +12.02 | $135 |
| Loan / Deposit Ratio (%) | ▲ | 107.14% | +2.22 | 104.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.19% | +0.15 | 0.04% |
| Allowance / Loans (%) | — | 0.89% | -0.04% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.21% | +0.17 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▇█ | Net Interest Margin (%) | 2.93% | 2.95% | 3.14% | 3.27% | 3.37% | 3.44% | 3.42% | 3.55% |
| ▁▂▃▅▆▇▇█ | Return on Assets (%) | 0.48% | 0.57% | 0.66% | 0.77% | 0.85% | 0.92% | 0.91% | 0.99% |
| █▆▅▂▁▁▂▁ | Efficiency Ratio (%) | 74.3% | 70.7% | 68.2% | 63.2% | 61.6% | 60.0% | 63.5% | 60.6% |
| ██▃▁▄▄▁▂ | Cost of Funds (%) | 2.49% | 2.48% | 2.29% | 2.21% | 2.30% | 2.30% | 2.18% | 2.24% |
| █▁▁▁▁▂██ | NPA / Assets (%) | 0.18% | 0.04% | 0.04% | 0.04% | 0.04% | 0.07% | 0.18% | 0.19% |
| █▁▁▁▁▂██ | Net Charge-Off Ratio (%) | 0.21% | 0.05% | 0.05% | 0.05% | 0.05% | 0.08% | 0.21% | 0.21% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $125 | $125 | $128 | $130 | $134 | $137 | $139 | $142 |
| ▁▂▃▅▇▇██ | Gross Loans ($M) | $805 | $822 | $835 | $871 | $890 | $889 | $911 | $911 |
| ▁▃▃▆▇▇██ | Total Deposits ($M) | $769 | $793 | $796 | $823 | $825 | $831 | $842 | $843 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 15% |