Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.76% | +0.21 | 0.56% |
| Return on Equity (%) | ▲ | 7.72% | +1.40 | 6.32% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.06 | 4.06% |
| Efficiency Ratio (%) | ▲ | 73.42% | -8.56 | 81.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 2.48% | -0.16 | 2.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $358 | +41.60 | $316 |
| Gross Loans ($M) | ▲ | $301 | +36.16 | $265 |
| Loan Growth YoY (%) | ▲ | 99.13% | +3.57 | 95.55% |
| Total Deposits ($M) | ▲ | $301 | +26.32 | $275 |
| Shareholders Equity ($M) | ▲ | $38 | +9.98 | $28 |
| Tang. Book Value ($M) | ▲ | $38 | +9.98 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +10.05 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 99.13% | +3.57 | 95.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.60% | +0.53 | 0.07% |
| Allowance / Loans (%) | — | 0.90% | -0.03% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 0.71% | +0.63 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.18% | +1.75 | 11.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇██▇█ | Net Interest Margin (%) | 3.74% | 3.83% | 3.89% | 4.06% | 4.13% | 4.16% | 4.08% | 4.12% |
| ▁▁▃▅▆▆██ | Return on Assets (%) | 0.31% | 0.31% | 0.46% | 0.56% | 0.61% | 0.61% | 0.74% | 0.76% |
| █▇▇▅▃▂▁▁ | Efficiency Ratio (%) | 88.5% | 86.0% | 85.3% | 82.0% | 79.0% | 77.0% | 73.4% | 73.4% |
| █▇▄▄▁▃▁▂ | Cost of Funds (%) | 3.04% | 2.89% | 2.66% | 2.65% | 2.44% | 2.64% | 2.39% | 2.48% |
| ██▁▁▁▁▁▄ | NPA / Assets (%) | 1.23% | 1.22% | 0.07% | 0.07% | 0.08% | 0.13% | 0.08% | 0.60% |
| ██▁▁▁▁▁▄ | Net Charge-Off Ratio (%) | 1.40% | 1.42% | 0.08% | 0.09% | 0.10% | 0.15% | 0.10% | 0.71% |
| ▁▁▁▁▂▂██ | Tang. Book Value ($M) | $27 | $27 | $27 | $28 | $29 | $29 | $37 | $38 |
| ▂▁▁▁▅▇██ | Gross Loans ($M) | $271 | $268 | $266 | $265 | $285 | $295 | $297 | $301 |
| ▁▁▅▂▇███ | Total Deposits ($M) | $269 | $272 | $287 | $275 | $297 | $299 | $303 | $301 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 8% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 27% |