Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.18% | +0.01 | 0.17% |
| Return on Equity (%) | ▼ | 0.70% | -0.27 | 0.97% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.79 | 3.13% |
| Efficiency Ratio (%) | ▼ | 89.95% | +0.86 | 89.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 0.74% | -0.70 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $480 | +26.59 | $453 |
| Gross Loans ($M) | ▲ | $285 | +35.38 | $250 |
| Loan Growth YoY (%) | ▲ | 81.44% | +14.54 | 66.90% |
| Total Deposits ($M) | ▼ | $347 | -23.27 | $370 |
| Shareholders Equity ($M) | ▲ | $123 | +42.23 | $81 |
| Tang. Book Value ($M) | ▲ | $123 | +42.42 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $129 | +41.61 | $88 |
| Loan / Deposit Ratio (%) | ▲ | 81.44% | +14.54 | 66.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.00 | 0.35% |
| Allowance / Loans (%) | — | 1.03% | 0.07% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.34% | +0.05 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 2.27% | 2.41% | 3.00% | 3.13% | 3.19% | 3.35% | 3.72% | 3.92% |
| ▁▃▆▇▇█▆▇ | Return on Assets (%) | -0.68% | -0.36% | -0.01% | 0.17% | 0.20% | 0.35% | 0.05% | 0.18% |
| █▇▃▂▂▁▃▂ | Efficiency Ratio (%) | 123.5% | 118.0% | 97.0% | 89.1% | 87.6% | 82.3% | 94.1% | 89.9% |
| █▇▇▇▆▄▂▁ | Cost of Funds (%) | 1.66% | 1.52% | 1.43% | 1.44% | 1.40% | 1.14% | 0.96% | 0.74% |
| ▆█▇▅▇█▁▆ | NPA / Assets (%) | 0.36% | 0.40% | 0.38% | 0.35% | 0.38% | 0.38% | 0.28% | 0.35% |
| ██▃▂▂▄▁▃ | Net Charge-Off Ratio (%) | 0.73% | 0.68% | 0.36% | 0.29% | 0.33% | 0.42% | 0.21% | 0.34% |
| ▁▁▁▁▁███ | Tang. Book Value ($M) | $79 | $77 | $79 | $81 | $82 | $123 | $123 | $123 |
| ▁▃▄▄▄▆██ | Gross Loans ($M) | $216 | $243 | $247 | $250 | $252 | $272 | $292 | $285 |
| ▃▆█▆▆▃▁▁ | Total Deposits ($M) | $355 | $370 | $382 | $370 | $369 | $357 | $346 | $347 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |