Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.93% | -0.11 | 1.03% |
| Return on Equity (%) | ▼ | 6.22% | -0.57 | 6.79% |
| Net Interest Margin (%) | ▼ | 3.48% | -0.04 | 3.51% |
| Efficiency Ratio (%) | ▼ | 64.82% | +1.44 | 63.37% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.89% | +0.14 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +14.26 | $179 |
| Gross Loans ($M) | ▼ | $128 | -0.09 | $128 |
| Loan Growth YoY (%) | ▼ | 77.89% | -11.61 | 89.51% |
| Total Deposits ($M) | ▲ | $163 | +20.89 | $142 |
| Shareholders Equity ($M) | ▲ | $29 | +1.79 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +1.78 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.26 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 77.89% | -11.61 | 89.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.17 | 0.00% |
| Allowance / Loans (%) | — | 1.03% | 0.12% | 0.91% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.26 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▆████▇ | Net Interest Margin (%) | 3.16% | 3.25% | 3.39% | 3.51% | 3.50% | 3.50% | 3.52% | 3.48% |
| ▁▁▆███▆▆ | Return on Assets (%) | 0.64% | 0.68% | 0.91% | 1.03% | 1.06% | 1.03% | 0.93% | 0.93% |
| ██▃▁▁▁▂▂ | Efficiency Ratio (%) | 75.5% | 74.4% | 67.0% | 63.4% | 62.4% | 63.5% | 64.6% | 64.8% |
| ▄▄▃▁█▇▁▆ | Cost of Funds (%) | 1.83% | 1.84% | 1.80% | 1.75% | 1.94% | 1.90% | 1.77% | 1.89% |
| ▁▄▁▁▃▅▃█ | NPA / Assets (%) | 0.00% | 0.07% | 0.00% | 0.00% | 0.05% | 0.10% | 0.05% | 0.17% |
| ▁▃▁▁▃▅▃█ | Net Charge-Off Ratio (%) | 0.00% | 0.10% | 0.00% | 0.00% | 0.08% | 0.15% | 0.08% | 0.26% |
| ▁▁▂▄▅▇▇█ | Tang. Book Value ($M) | $26 | $25 | $26 | $27 | $27 | $28 | $28 | $28 |
| ▁▁▃█▆█▇█ | Gross Loans ($M) | $115 | $116 | $119 | $128 | $125 | $130 | $126 | $128 |
| ▁▁▃▃▄▆██ | Total Deposits ($M) | $136 | $135 | $143 | $142 | $148 | $155 | $162 | $163 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 15% |