Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.20 | 1.36% |
| Return on Equity (%) | ▲ | 14.81% | +0.52 | 14.29% |
| Net Interest Margin (%) | ▲ | 4.61% | +0.27 | 4.34% |
| Efficiency Ratio (%) | ▲ | 56.15% | -2.70 | 58.85% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.50 | $3 |
| Cost of Funds (%) | ▲ | 0.63% | -0.27 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $571 | -9.06 | $580 |
| Gross Loans ($M) | ▲ | $370 | +6.95 | $363 |
| Loan Growth YoY (%) | ▲ | 73.41% | +2.95 | 70.46% |
| Total Deposits ($M) | ▼ | $497 | -11.88 | $509 |
| Shareholders Equity ($M) | ▲ | $60 | +4.26 | $56 |
| Tang. Book Value ($M) | ▲ | $60 | +4.26 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $67 | +3.28 | $63 |
| Loan / Deposit Ratio (%) | ▲ | 73.41% | +2.95 | 70.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.19% | +0.00 | 0.19% |
| Allowance / Loans (%) | — | 1.20% | 0.15% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.29% | -0.00 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇▇█ | Net Interest Margin (%) | 3.68% | 3.79% | 4.24% | 4.34% | 4.42% | 4.43% | 4.42% | 4.61% |
| ▁▁▄▅▆▆▇█ | Return on Assets (%) | 1.08% | 1.14% | 1.32% | 1.36% | 1.42% | 1.42% | 1.45% | 1.56% |
| ██▆▄▂▃▃▁ | Efficiency Ratio (%) | 61.9% | 61.2% | 59.8% | 58.8% | 57.5% | 57.9% | 57.7% | 56.2% |
| █▇▆▅▅▄▂▁ | Cost of Funds (%) | 1.10% | 1.01% | 0.94% | 0.90% | 0.91% | 0.84% | 0.72% | 0.63% |
| ▁▁███▅▄█ | NPA / Assets (%) | 0.07% | 0.08% | 0.19% | 0.19% | 0.19% | 0.13% | 0.13% | 0.19% |
| ▁▁███▅▄█ | Net Charge-Off Ratio (%) | 0.11% | 0.12% | 0.31% | 0.30% | 0.31% | 0.21% | 0.21% | 0.29% |
| ▁▁▃▅▇███ | Tang. Book Value ($M) | $52 | $52 | $54 | $56 | $58 | $60 | $60 | $60 |
| ▃█▄▅▁▅▅█ | Gross Loans ($M) | $357 | $369 | $360 | $363 | $352 | $363 | $362 | $370 |
| ▆▂▄█▆▆▁▄ | Total Deposits ($M) | $504 | $491 | $499 | $509 | $502 | $502 | $488 | $497 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 2% |