Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.81% | -0.05 | 0.85% |
| Return on Equity (%) | ▼ | 4.40% | -0.27 | 4.67% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.29 | 3.90% |
| Efficiency Ratio (%) | ▲ | 64.53% | -6.97 | 71.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.02 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $457 | +11.29 | $445 |
| Gross Loans ($M) | ▲ | $376 | +11.36 | $365 |
| Loan Growth YoY (%) | ▲ | 121.19% | +0.28 | 120.91% |
| Total Deposits ($M) | ▲ | $308 | +8.72 | $300 |
| Shareholders Equity ($M) | ▲ | $83 | +2.38 | $81 |
| Tang. Book Value ($M) | ▲ | $83 | +2.38 | $81 |
| TBV excl. AOCI ($M)** | ▲ | $85 | +2.38 | $82 |
| Loan / Deposit Ratio (%) | ▲ | 121.19% | +0.28 | 120.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.34% | +0.07 | 0.27% |
| Allowance / Loans (%) | — | 0.75% | -0.04% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.41% | +0.08 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▆██ | Net Interest Margin (%) | 3.72% | 3.76% | 3.85% | 3.90% | 3.95% | 4.02% | 4.19% | 4.19% |
| ▅▆▆▆██▁▅ | Return on Assets (%) | 0.83% | 0.87% | 0.85% | 0.85% | 0.93% | 0.97% | 0.63% | 0.81% |
| ██▇▇▆▅▁▃ | Efficiency Ratio (%) | 75.5% | 73.6% | 72.3% | 71.5% | 69.7% | 69.0% | 58.7% | 64.5% |
| ██▅▃▆▅▁▂ | Cost of Funds (%) | 1.75% | 1.74% | 1.63% | 1.57% | 1.67% | 1.63% | 1.49% | 1.56% |
| ▃▁▂▇▂▁▇█ | NPA / Assets (%) | 0.12% | 0.02% | 0.07% | 0.27% | 0.06% | 0.05% | 0.26% | 0.34% |
| ▃▁▂▇▁▂▇█ | Net Charge-Off Ratio (%) | 0.15% | 0.03% | 0.08% | 0.33% | 0.00% | 0.06% | 0.32% | 0.41% |
| ▄▁▃▅█▅▇█ | Tang. Book Value ($M) | $80 | $78 | $80 | $81 | $83 | $81 | $82 | $83 |
| ▁▁▃▄▂▃██ | Gross Loans ($M) | $355 | $356 | $361 | $365 | $357 | $361 | $376 | $376 |
| ▂▂▁▃▁▁█▆ | Total Deposits ($M) | $298 | $298 | $296 | $300 | $295 | $295 | $313 | $308 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 30% |