Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.45% | +0.23 | 0.22% |
| Return on Equity (%) | ▲ | 5.43% | +2.52 | 2.91% |
| Net Interest Margin (%) | ▲ | 2.97% | +0.19 | 2.78% |
| Efficiency Ratio (%) | ▲ | 75.87% | -5.90 | 81.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 2.54% | -0.07 | 2.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $381 | +55.95 | $325 |
| Gross Loans ($M) | ▲ | $320 | +57.32 | $263 |
| Loan Growth YoY (%) | ▲ | 104.65% | +2.69 | 101.96% |
| Total Deposits ($M) | ▲ | $303 | +47.40 | $256 |
| Shareholders Equity ($M) | ▲ | $34 | +9.23 | $25 |
| Tang. Book Value ($M) | ▲ | $34 | +9.23 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $36 | +9.28 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 104.65% | +2.69 | 101.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.01 | 0.04% |
| Allowance / Loans (%) | — | 0.77% | 0.14% | 0.63% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.02 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.29% | +1.39 | 11.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▂▃██ | Net Interest Margin (%) | 2.76% | 2.73% | 2.79% | 2.78% | 2.80% | 2.81% | 3.00% | 2.97% |
| ▂▂▁▁▁▁█▆ | Return on Assets (%) | 0.29% | 0.28% | 0.26% | 0.22% | 0.23% | 0.24% | 0.55% | 0.45% |
| ██▆▇▆▅▁▃ | Efficiency Ratio (%) | 83.1% | 84.0% | 80.9% | 81.8% | 80.1% | 77.9% | 71.6% | 75.9% |
| ▁▅▂█▆█▅▆ | Cost of Funds (%) | 2.41% | 2.52% | 2.44% | 2.61% | 2.55% | 2.58% | 2.52% | 2.54% |
| ▃█▁▁▁▁▁▁ | NPA / Assets (%) | 0.10% | 0.28% | 0.02% | 0.04% | 0.04% | 0.03% | 0.03% | 0.02% |
| ▃█▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.12% | 0.35% | 0.03% | 0.04% | 0.05% | 0.04% | 0.03% | 0.03% |
| ▁▁▁▁▂▂██ | Tang. Book Value ($M) | $24 | $24 | $24 | $25 | $25 | $26 | $34 | $34 |
| ▁▁▂▂▅▇▇█ | Gross Loans ($M) | $246 | $249 | $255 | $263 | $285 | $303 | $307 | $320 |
| ▁▁▁▂▄▇██ | Total Deposits ($M) | $251 | $248 | $251 | $256 | $274 | $292 | $301 | $303 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 12% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 33% |