Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.78% | +0.10 | 0.68% |
| Return on Equity (%) | ▲ | 5.42% | +0.72 | 4.70% |
| Net Interest Margin (%) | ▼ | 2.46% | -0.02 | 2.48% |
| Efficiency Ratio (%) | ▲ | 63.90% | -4.11 | 68.01% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▼ | 2.07% | +0.18 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $267 | +16.25 | $251 |
| Gross Loans ($M) | ▲ | $214 | +16.72 | $197 |
| Loan Growth YoY (%) | ▲ | 90.85% | +1.80 | 89.05% |
| Total Deposits ($M) | ▲ | $228 | +14.17 | $214 |
| Shareholders Equity ($M) | ▲ | $39 | +2.14 | $36 |
| Tang. Book Value ($M) | ▲ | $38 | +2.01 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +1.94 | $38 |
| Loan / Deposit Ratio (%) | ▲ | 90.85% | +1.80 | 89.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.03 | 0.62% |
| Allowance / Loans (%) | — | 3.07% | -0.26% | 3.33% |
| Net Charge-Off Ratio (%) | ▼ | 0.82% | +0.03 | 0.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▇█▇▇▇█ | Net Interest Margin (%) | 1.78% | 1.96% | 2.32% | 2.48% | 2.33% | 2.37% | 2.37% | 2.46% |
| ▁▂▄▆▆▇█▇ | Return on Assets (%) | 0.16% | 0.27% | 0.52% | 0.68% | 0.66% | 0.77% | 0.89% | 0.78% |
| █▇▄▃▃▂▁▁ | Efficiency Ratio (%) | 91.2% | 85.1% | 73.0% | 68.0% | 68.3% | 64.9% | 60.0% | 63.9% |
| █▅▁▁▆▃▁▄ | Cost of Funds (%) | 2.32% | 2.12% | 1.93% | 1.89% | 2.17% | 2.05% | 1.93% | 2.07% |
| ▁▇█▆▅▄█▇ | NPA / Assets (%) | 0.51% | 0.66% | 0.66% | 0.62% | 0.61% | 0.59% | 0.68% | 0.66% |
| ▁▇█▆▆▄█▇ | Net Charge-Off Ratio (%) | 0.66% | 0.84% | 0.87% | 0.79% | 0.81% | 0.77% | 0.86% | 0.82% |
| ▂▁▂▄▆▇██ | Tang. Book Value ($M) | $35 | $34 | $35 | $36 | $37 | $38 | $38 | $38 |
| ▁▂▁▄▃▆██ | Gross Loans ($M) | $186 | $191 | $185 | $197 | $193 | $206 | $211 | $214 |
| ▁▂▂▄▆███ | Total Deposits ($M) | $204 | $208 | $208 | $214 | $221 | $228 | $226 | $228 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 13% |