Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.91% | +0.51 | 2.40% |
| Return on Equity (%) | ▼ | 11.00% | -3.62 | 14.62% |
| Net Interest Margin (%) | ▲ | 3.19% | +0.37 | 2.82% |
| Efficiency Ratio (%) | ▲ | 55.52% | -15.53 | 71.05% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.48 | $2 |
| Cost of Funds (%) | ▲ | 2.08% | -0.34 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $835 | +189.08 | $646 |
| Gross Loans ($M) | ▲ | $515 | +45.12 | $469 |
| Loan Growth YoY (%) | ▼ | 86.75% | -2.70 | 89.45% |
| Total Deposits ($M) | ▲ | $588 | +69.09 | $519 |
| Shareholders Equity ($M) | ▲ | $225 | +115.57 | $109 |
| Tang. Book Value ($M) | ▲ | $225 | +115.62 | $109 |
| TBV excl. AOCI ($M)** | ▲ | $232 | +118.68 | $113 |
| Loan / Deposit Ratio (%) | ▼ | 86.75% | -2.70 | 89.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 0.84% | -0.25% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 42.21% | +18.13 | 24.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▃▃▃▇█ | Net Interest Margin (%) | 3.25% | 3.15% | 2.67% | 2.82% | 2.83% | 2.83% | 3.13% | 3.19% |
| ▁▁▁▇▅▄▅█ | Return on Assets (%) | 0.55% | 0.65% | 0.60% | 2.40% | 1.87% | 1.60% | 1.76% | 2.91% |
| ██▆▅▅▄▁▁ | Efficiency Ratio (%) | 81.1% | 80.9% | 74.2% | 71.0% | 69.5% | 67.8% | 56.0% | 55.5% |
| ▄▆▂▇█▅▁▁ | Cost of Funds (%) | 2.26% | 2.37% | 2.09% | 2.43% | 2.52% | 2.31% | 2.03% | 2.08% |
| ██▆▅▃▃▂▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% |
| ██▆▅▃▃▃▁ | Net Charge-Off Ratio (%) | 0.03% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% |
| ▁▁▁▁▁███ | Tang. Book Value ($M) | $101 | $101 | $103 | $109 | $112 | $214 | $216 | $225 |
| ▁▂▄▆▆▇██ | Gross Loans ($M) | $368 | $402 | $436 | $469 | $469 | $479 | $509 | $515 |
| ▁▁▆▄█▆█▇ | Total Deposits ($M) | $438 | $459 | $559 | $519 | $625 | $564 | $603 | $588 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 23% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 38% |