Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.82% | -0.03 | 0.84% |
| Return on Equity (%) | ▼ | 3.57% | -0.02 | 3.59% |
| Net Interest Margin (%) | ▲ | 2.47% | +0.13 | 2.34% |
| Efficiency Ratio (%) | ▼ | 57.94% | +1.97 | 55.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 2.22% | -0.31 | 2.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $316 | +9.40 | $307 |
| Gross Loans ($M) | ▲ | $67 | +16.50 | $50 |
| Loan Growth YoY (%) | ▲ | 29.80% | +6.58 | 23.22% |
| Total Deposits ($M) | ▲ | $222 | +7.70 | $215 |
| Shareholders Equity ($M) | ▲ | $73 | +1.42 | $71 |
| Tang. Book Value ($M) | ▲ | $73 | +1.42 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +0.88 | $82 |
| Loan / Deposit Ratio (%) | ▲ | 29.80% | +6.58 | 23.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.58 | 0.00% |
| Allowance / Loans (%) | — | 0.83% | -0.12% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 2.73% | +2.73 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 45.40% | -11.63 | 57.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▆▂▅▄▄█ | Net Interest Margin (%) | 2.33% | 2.32% | 2.43% | 2.34% | 2.40% | 2.38% | 2.39% | 2.47% |
| ▅▁▄▇█▅▃▆ | Return on Assets (%) | 0.78% | 0.68% | 0.76% | 0.84% | 0.88% | 0.80% | 0.74% | 0.82% |
| ▄█▄▁▁▂▃▂ | Efficiency Ratio (%) | 61.7% | 68.6% | 60.8% | 56.0% | 55.6% | 58.9% | 59.6% | 57.9% |
| ▆█▁█▅▅▅▁ | Cost of Funds (%) | 2.45% | 2.50% | 2.19% | 2.53% | 2.38% | 2.40% | 2.39% | 2.22% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.58% | 0.58% |
| ▁▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.12% | 2.73% |
| ▆▁▄▅██▆▇ | Tang. Book Value ($M) | $72 | $68 | $70 | $71 | $73 | $73 | $72 | $73 |
| ▁▁▁▂▂▄▆█ | Gross Loans ($M) | $47 | $46 | $48 | $50 | $50 | $55 | $60 | $67 |
| ▁▁▂▃▃▆█▆ | Total Deposits ($M) | $210 | $210 | $213 | $215 | $215 | $222 | $227 | $222 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 15% |