Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.43% | +0.08 | 0.35% |
| Return on Equity (%) | ▲ | 4.96% | +0.90 | 4.06% |
| Net Interest Margin (%) | ▲ | 2.98% | +0.22 | 2.77% |
| Efficiency Ratio (%) | ▲ | 81.04% | -5.49 | 86.53% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.10 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $594 | +26.13 | $568 |
| Gross Loans ($M) | ▼ | $452 | -6.14 | $458 |
| Loan Growth YoY (%) | ▼ | 86.90% | -5.18 | 92.09% |
| Total Deposits ($M) | ▲ | $517 | +21.96 | $495 |
| Shareholders Equity ($M) | ▲ | $51 | +2.63 | $48 |
| Tang. Book Value ($M) | ▲ | $51 | +2.66 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +2.49 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 86.90% | -5.18 | 92.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.66% | 0.10% | 0.56% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.45% | +1.18 | 13.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▇██ | Net Interest Margin (%) | 2.44% | 2.50% | 2.74% | 2.77% | 2.82% | 2.87% | 2.93% | 2.98% |
| ▁▁▆▅▆█▆█ | Return on Assets (%) | 0.26% | 0.25% | 0.38% | 0.35% | 0.37% | 0.41% | 0.38% | 0.43% |
| ██▆▄▂▁▂▁ | Efficiency Ratio (%) | 93.1% | 92.1% | 88.7% | 86.5% | 83.8% | 81.9% | 83.0% | 81.0% |
| ▆█▆▃▂▆▃▁ | Cost of Funds (%) | 1.62% | 1.74% | 1.62% | 1.50% | 1.47% | 1.63% | 1.52% | 1.40% |
| ██▆▁▁▁▁▃ | NPA / Assets (%) | 0.03% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
| ██▆▁▁▁▁▃ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $47 | $47 | $48 | $48 | $49 | $50 | $50 | $51 |
| ██▇█▂▁▃▄ | Gross Loans ($M) | $460 | $458 | $458 | $458 | $447 | $445 | $449 | $452 |
| ▃▁▁▃█▅▄▅ | Total Deposits ($M) | $497 | $477 | $473 | $495 | $546 | $514 | $505 | $517 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 6% |