Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.84% | -0.05 | 0.89% |
| Return on Equity (%) | ▼ | 4.59% | -0.37 | 4.96% |
| Net Interest Margin (%) | ▼ | 2.96% | -0.08 | 3.04% |
| Efficiency Ratio (%) | ▼ | 63.67% | +1.56 | 62.11% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.47% | +0.04 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $461 | +13.00 | $448 |
| Gross Loans ($M) | ▲ | $174 | +8.87 | $165 |
| Loan Growth YoY (%) | ▲ | 52.01% | +1.68 | 50.34% |
| Total Deposits ($M) | ▲ | $332 | +6.56 | $326 |
| Shareholders Equity ($M) | ▲ | $84 | +4.01 | $80 |
| Tang. Book Value ($M) | ▲ | $84 | +4.01 | $80 |
| TBV excl. AOCI ($M)** | ▲ | $91 | +4.32 | $86 |
| Loan / Deposit Ratio (%) | ▲ | 52.01% | +1.68 | 50.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.76% | -0.04% | 0.80% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▃███▁▅ | Net Interest Margin (%) | 2.87% | 2.94% | 2.91% | 3.04% | 3.04% | 3.05% | 2.85% | 2.96% |
| ▆▇▂▇██▁▅ | Return on Assets (%) | 0.85% | 0.88% | 0.78% | 0.89% | 0.91% | 0.91% | 0.74% | 0.84% |
| ▁▁▇▂▁▁█▄ | Efficiency Ratio (%) | 62.0% | 61.6% | 65.5% | 62.1% | 61.3% | 61.3% | 66.8% | 63.7% |
| ▆█▃▁▇█▃▄ | Cost of Funds (%) | 1.49% | 1.51% | 1.46% | 1.42% | 1.49% | 1.51% | 1.45% | 1.47% |
| ███▁▁▁▁▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ███▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.06% | 0.06% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $77 | $78 | $79 | $80 | $81 | $82 | $83 | $84 |
| ▁▅▅▃▄▄▆█ | Gross Loans ($M) | $160 | $168 | $168 | $165 | $166 | $167 | $170 | $174 |
| ▁▁▁▄▄▄█▆ | Total Deposits ($M) | $318 | $319 | $320 | $326 | $327 | $326 | $337 | $332 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 18% |