Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.31 | 1.57% |
| Return on Equity (%) | ▲ | 19.31% | +2.38 | 16.93% |
| Net Interest Margin (%) | ▲ | 3.63% | +0.32 | 3.31% |
| Efficiency Ratio (%) | ▲ | 49.56% | -3.50 | 53.06% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.66 | $2 |
| Cost of Funds (%) | ▲ | 2.09% | -0.22 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $552 | +82.97 | $469 |
| Gross Loans ($M) | ▲ | $426 | +47.56 | $378 |
| Loan Growth YoY (%) | ▼ | 85.26% | -3.60 | 88.86% |
| Total Deposits ($M) | ▲ | $495 | +73.07 | $422 |
| Shareholders Equity ($M) | ▲ | $55 | +9.63 | $45 |
| Tang. Book Value ($M) | ▲ | $55 | +9.63 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +9.92 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 85.26% | -3.60 | 88.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.11 | 0.12% |
| Allowance / Loans (%) | — | 0.83% | 0.02% | 0.81% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.14 | 0.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -16.66 | 16.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▆▆██ | Net Interest Margin (%) | 2.81% | 2.91% | 3.23% | 3.31% | 3.38% | 3.43% | 3.63% | 3.63% |
| ▁▁▄▅▅▆██ | Return on Assets (%) | 1.20% | 1.24% | 1.54% | 1.57% | 1.61% | 1.65% | 1.87% | 1.88% |
| ██▅▄▄▂▁▁ | Efficiency Ratio (%) | 56.8% | 56.0% | 53.5% | 53.1% | 52.8% | 50.9% | 49.9% | 49.6% |
| █▇▄▄▂▃▁▁ | Cost of Funds (%) | 2.67% | 2.53% | 2.35% | 2.31% | 2.17% | 2.21% | 2.04% | 2.09% |
| ▁▁▁██▇▁▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.12% | 0.11% | 0.09% | 0.01% | 0.01% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.01% | 0.15% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▁▂▃▄▅▆█ | Tang. Book Value ($M) | $42 | $41 | $44 | $45 | $48 | $49 | $51 | $55 |
| ▁▁▁▃▄▅▆█ | Gross Loans ($M) | $362 | $366 | $368 | $378 | $390 | $401 | $406 | $426 |
| ▁▁▂▂▃▄▇█ | Total Deposits ($M) | $411 | $412 | $428 | $422 | $436 | $446 | $480 | $495 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 20% |