Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.28 | 0.78% |
| Return on Equity (%) | ▲ | 6.93% | +1.17 | 5.76% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.59 | 3.00% |
| Efficiency Ratio (%) | ▲ | 55.96% | -9.61 | 65.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.47 | $1 |
| Cost of Funds (%) | ▲ | 1.63% | -0.16 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $268 | -4.80 | $273 |
| Gross Loans ($M) | ▲ | $163 | +27.22 | $136 |
| Loan Growth YoY (%) | ▲ | 80.21% | +17.73 | 62.48% |
| Total Deposits ($M) | ▼ | $201 | -14.23 | $216 |
| Shareholders Equity ($M) | ▲ | $43 | +6.82 | $36 |
| Tang. Book Value ($M) | ▲ | $43 | +6.82 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +5.38 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 80.21% | +17.73 | 62.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.00 | 0.24% |
| Allowance / Loans (%) | — | 0.93% | 0.11% | 0.82% |
| Net Charge-Off Ratio (%) | ▲ | 0.39% | -0.09 | 0.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▃▆█ | Net Interest Margin (%) | 2.84% | 2.85% | 2.92% | 3.00% | 3.05% | 3.10% | 3.38% | 3.60% |
| █▅▁▂▃▄▂█ | Return on Assets (%) | 1.09% | 0.90% | 0.70% | 0.78% | 0.83% | 0.87% | 0.75% | 1.06% |
| ▅▆█▇▆▅▄▁ | Efficiency Ratio (%) | 62.2% | 64.0% | 67.7% | 65.6% | 63.8% | 62.8% | 60.4% | 56.0% |
| ██▇▆▇▄▂▁ | Cost of Funds (%) | 1.83% | 1.85% | 1.80% | 1.79% | 1.82% | 1.73% | 1.67% | 1.63% |
| ▆▇▃▁▂▄█▁ | NPA / Assets (%) | 0.27% | 0.28% | 0.25% | 0.24% | 0.25% | 0.26% | 0.29% | 0.24% |
| ██▆▄▄▄▆▁ | Net Charge-Off Ratio (%) | 0.58% | 0.58% | 0.52% | 0.49% | 0.48% | 0.47% | 0.51% | 0.39% |
| ▂▁▁▁▄▆▆█ | Tang. Book Value ($M) | $38 | $36 | $36 | $36 | $39 | $41 | $41 | $43 |
| ▁▁▂▃▄▆▆█ | Gross Loans ($M) | $124 | $126 | $132 | $136 | $140 | $152 | $153 | $163 |
| ▃▁▅█▇▄▂▁ | Total Deposits ($M) | $206 | $202 | $209 | $216 | $214 | $207 | $205 | $201 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 87% |
| Brokered / Other | 10% |