Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.72% | +0.64 | 1.08% |
| Return on Equity (%) | ▲ | 19.12% | +6.53 | 12.59% |
| Net Interest Margin (%) | ▲ | 4.36% | +0.20 | 4.16% |
| Efficiency Ratio (%) | ▲ | 61.61% | -11.94 | 73.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.54 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.04 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $258 | +24.78 | $233 |
| Gross Loans ($M) | ▲ | $205 | +23.61 | $182 |
| Loan Growth YoY (%) | ▲ | 88.92% | +1.99 | 86.93% |
| Total Deposits ($M) | ▲ | $228 | +21.32 | $206 |
| Shareholders Equity ($M) | ▲ | $23 | +3.56 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +3.56 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.80 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 88.92% | +1.99 | 86.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.54% | +0.38 | 0.16% |
| Allowance / Loans (%) | — | 1.45% | 0.11% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.40 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.13 | 12.13% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▅▆█ | Net Interest Margin (%) | 3.97% | 3.95% | 4.03% | 4.16% | 4.15% | 4.18% | 4.25% | 4.36% |
| ▁▂▁▁▂▁▅█ | Return on Assets (%) | 1.08% | 1.09% | 0.99% | 1.08% | 1.12% | 1.06% | 1.45% | 1.72% |
| █▇█▇▆▆▃▁ | Efficiency Ratio (%) | 73.9% | 73.6% | 75.7% | 73.6% | 72.0% | 71.0% | 66.5% | 61.6% |
| ▇▆▄▄█▂▁▂ | Cost of Funds (%) | 1.85% | 1.84% | 1.78% | 1.79% | 1.88% | 1.75% | 1.72% | 1.75% |
| ▂▁▂▁██▇▇ | NPA / Assets (%) | 0.22% | 0.15% | 0.24% | 0.16% | 0.63% | 0.61% | 0.56% | 0.54% |
| ▁▁▂▁███▆ | Net Charge-Off Ratio (%) | 0.27% | 0.20% | 0.32% | 0.20% | 0.78% | 0.74% | 0.71% | 0.60% |
| ▁▁▃▂▅▆██ | Tang. Book Value ($M) | $20 | $19 | $20 | $20 | $21 | $22 | $23 | $23 |
| ▁▁▁▃▅███ | Gross Loans ($M) | $173 | $172 | $175 | $182 | $191 | $202 | $203 | $205 |
| ▁▃▄▄▄▆██ | Total Deposits ($M) | $189 | $199 | $204 | $206 | $207 | $214 | $227 | $228 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 10% |