Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.06 | 0.59% |
| Return on Equity (%) | ▼ | 5.39% | -2.28 | 7.67% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.48 | 3.11% |
| Efficiency Ratio (%) | ▲ | 53.34% | -13.20 | 66.54% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.63 | $2 |
| Cost of Funds (%) | ▲ | 0.79% | -0.11 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $635 | -11.95 | $647 |
| Gross Loans ($M) | ▲ | $337 | +13.34 | $323 |
| Loan Growth YoY (%) | ▲ | 67.73% | +5.69 | 62.04% |
| Total Deposits ($M) | ▼ | $490 | -24.15 | $514 |
| Shareholders Equity ($M) | ▲ | $64 | +11.83 | $53 |
| Tang. Book Value ($M) | ▲ | $64 | +11.83 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +10.80 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 67.73% | +5.69 | 62.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.50% | 0.08% | 1.42% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▃▄▇█ | Net Interest Margin (%) | 2.93% | 2.95% | 3.08% | 3.11% | 3.17% | 3.24% | 3.48% | 3.60% |
| ▄▃█▂▆▄▄▁ | Return on Assets (%) | 0.64% | 0.61% | 0.81% | 0.59% | 0.73% | 0.66% | 0.66% | 0.53% |
| ██▇▇▆▆▁▂ | Efficiency Ratio (%) | 70.0% | 69.4% | 66.2% | 66.5% | 64.1% | 62.1% | 48.0% | 53.3% |
| █▇▆▆█▅▁▁ | Cost of Funds (%) | 0.94% | 0.93% | 0.90% | 0.90% | 0.95% | 0.87% | 0.78% | 0.79% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▃▅▇██ | Tang. Book Value ($M) | $50 | $46 | $50 | $53 | $57 | $61 | $63 | $64 |
| ▁▁▄▅▆▅▆█ | Gross Loans ($M) | $310 | $312 | $321 | $323 | $327 | $326 | $327 | $337 |
| ▅█▆▇▅▅▃▁ | Total Deposits ($M) | $508 | $521 | $513 | $514 | $509 | $506 | $498 | $490 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 10% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 5% |