Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.62% | +0.41 | 1.21% |
| Return on Equity (%) | ▲ | 14.39% | +1.92 | 12.47% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.76 | 3.37% |
| Efficiency Ratio (%) | ▲ | 50.01% | -7.18 | 57.19% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.58 | $2 |
| Cost of Funds (%) | ▲ | 2.02% | -0.52 | 2.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $386 | +1.97 | $384 |
| Gross Loans ($M) | ▲ | $314 | +29.19 | $285 |
| Loan Growth YoY (%) | ▲ | 94.98% | +12.58 | 82.41% |
| Total Deposits ($M) | ▼ | $328 | -14.73 | $342 |
| Shareholders Equity ($M) | ▲ | $44 | +6.25 | $38 |
| Tang. Book Value ($M) | ▲ | $44 | +6.32 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +6.00 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 94.98% | +12.58 | 82.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.20 | 0.04% |
| Allowance / Loans (%) | — | 0.93% | -0.05% | 0.98% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.12% | +1.29 | 13.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂▃▄██ | Net Interest Margin (%) | 3.40% | 3.41% | 3.24% | 3.37% | 3.54% | 3.64% | 4.03% | 4.13% |
| ▂▂▁▂▄▆▇█ | Return on Assets (%) | 1.16% | 1.19% | 1.10% | 1.21% | 1.34% | 1.46% | 1.52% | 1.62% |
| ▇▅█▆▄▃▁▁ | Efficiency Ratio (%) | 57.7% | 55.3% | 59.9% | 57.2% | 54.7% | 53.7% | 51.1% | 50.0% |
| ██▇█▆▃▁▁ | Cost of Funds (%) | 2.55% | 2.53% | 2.44% | 2.54% | 2.37% | 2.19% | 2.02% | 2.02% |
| ▁▂▁▂▁▁▇█ | NPA / Assets (%) | 0.00% | 0.04% | 0.01% | 0.04% | 0.00% | 0.00% | 0.19% | 0.24% |
| ▁▂▁▃▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.05% | 0.01% | 0.06% | 0.01% | 0.00% | 0.23% | 0.00% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $34 | $35 | $37 | $38 | $39 | $41 | $43 | $44 |
| ▁▁▃▄▆▇██ | Gross Loans ($M) | $265 | $267 | $279 | $285 | $296 | $303 | $311 | $314 |
| ▁▃█▇▅▃▅▄ | Total Deposits ($M) | $305 | $321 | $351 | $342 | $328 | $317 | $331 | $328 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 13% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 16% |