Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.34 | 0.93% |
| Return on Equity (%) | ▲ | 10.22% | +1.95 | 8.27% |
| Net Interest Margin (%) | ▲ | 4.51% | +0.42 | 4.09% |
| Efficiency Ratio (%) | ▲ | 65.72% | -6.70 | 72.42% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 0.92% | -0.02 | 0.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $217 | +0.41 | $216 |
| Gross Loans ($M) | ▲ | $182 | +8.55 | $174 |
| Loan Growth YoY (%) | ▲ | 96.37% | +5.82 | 90.54% |
| Total Deposits ($M) | ▼ | $187 | -2.61 | $190 |
| Shareholders Equity ($M) | ▲ | $28 | +3.02 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +3.12 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 96.37% | +5.82 | 90.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.19 | 0.42% |
| Allowance / Loans (%) | — | 1.09% | -0.05% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.24 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 3.42% | 3.52% | 4.04% | 4.09% | 4.16% | 4.20% | 4.45% | 4.51% |
| ▁▁▅▅▅▆██ | Return on Assets (%) | 0.50% | 0.58% | 0.92% | 0.93% | 0.99% | 1.07% | 1.29% | 1.27% |
| █▇▄▄▃▃▁▁ | Efficiency Ratio (%) | 83.1% | 80.5% | 72.3% | 72.4% | 71.4% | 69.8% | 64.6% | 65.7% |
| █▄▂▁▂▁▁▁ | Cost of Funds (%) | 1.19% | 1.05% | 0.95% | 0.94% | 0.97% | 0.91% | 0.92% | 0.92% |
| █▆▇▅▄▄▃▁ | NPA / Assets (%) | 0.60% | 0.50% | 0.52% | 0.42% | 0.42% | 0.39% | 0.34% | 0.24% |
| █▆▇▅▄▄▃▁ | Net Charge-Off Ratio (%) | 0.75% | 0.63% | 0.64% | 0.53% | 0.52% | 0.49% | 0.41% | 0.28% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $22 | $22 | $23 | $24 | $24 | $25 | $26 | $27 |
| ▁▂▃▅▄▆▆█ | Gross Loans ($M) | $164 | $169 | $170 | $174 | $172 | $177 | $177 | $182 |
| ▁▆▃▇▅█▅▆ | Total Deposits ($M) | $177 | $188 | $181 | $190 | $187 | $193 | $186 | $187 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 7% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 2% |