Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.09 | 1.34% |
| Return on Equity (%) | ▼ | 11.79% | -1.90 | 13.69% |
| Net Interest Margin (%) | ▲ | 6.08% | +0.68 | 5.40% |
| Efficiency Ratio (%) | ▼ | 73.38% | +3.81 | 69.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.42% | -0.10 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $180 | +9.23 | $171 |
| Gross Loans ($M) | ▲ | $143 | +17.02 | $126 |
| Loan Growth YoY (%) | ▲ | 88.85% | +7.00 | 81.85% |
| Total Deposits ($M) | ▲ | $159 | +7.17 | $152 |
| Shareholders Equity ($M) | ▲ | $20 | +2.20 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.20 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 88.85% | +7.00 | 81.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.01 | 0.03% |
| Allowance / Loans (%) | — | 1.04% | -0.14% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.45% | -0.71 | 15.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆██ | Net Interest Margin (%) | 4.91% | 4.96% | 5.21% | 5.40% | 5.55% | 5.71% | 5.96% | 6.08% |
| ▁▂█▆▆▆▁▃ | Return on Assets (%) | 1.16% | 1.20% | 1.45% | 1.34% | 1.34% | 1.36% | 1.18% | 1.26% |
| ▄▅▁▄▅▆██ | Efficiency Ratio (%) | 69.4% | 70.0% | 66.0% | 69.6% | 70.1% | 71.0% | 73.1% | 73.4% |
| █▆▃▃▄▁▁▁ | Cost of Funds (%) | 1.85% | 1.70% | 1.54% | 1.52% | 1.58% | 1.39% | 1.39% | 1.42% |
| ▆▅▃▂▃▁▁█ | NPA / Assets (%) | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.02% | 0.04% |
| █▇▄▃▄▁▁█ | Net Charge-Off Ratio (%) | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% | 0.05% |
| ▁▃▄▅▆▆▇█ | Tang. Book Value ($M) | $15 | $16 | $17 | $18 | $18 | $19 | $19 | $20 |
| ▁▁▂▃▃▆▇█ | Gross Loans ($M) | $118 | $121 | $122 | $126 | $127 | $135 | $139 | $143 |
| ▁▆▆▅▇▇██ | Total Deposits ($M) | $142 | $154 | $154 | $152 | $156 | $157 | $160 | $159 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 16% |