Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.43% | +0.08 | 0.35% |
| Return on Equity (%) | ▲ | 5.06% | +0.84 | 4.22% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.05 | 2.84% |
| Efficiency Ratio (%) | ▲ | 82.71% | -0.88 | 83.59% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▼ | 2.14% | +0.06 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $242 | +14.19 | $228 |
| Gross Loans ($M) | ▲ | $134 | +2.46 | $132 |
| Loan Growth YoY (%) | ▼ | 65.22% | -5.01 | 70.23% |
| Total Deposits ($M) | ▲ | $203 | +17.95 | $186 |
| Shareholders Equity ($M) | ▲ | $21 | +2.93 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +2.93 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.49 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 65.22% | -5.01 | 70.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.03 | 0.13% |
| Allowance / Loans (%) | — | 1.18% | 0.01% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.05 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇███▆█ | Net Interest Margin (%) | 2.24% | 2.34% | 2.78% | 2.84% | 2.86% | 2.87% | 2.73% | 2.89% |
| ▁▃▁▄▇█▅▆ | Return on Assets (%) | 0.23% | 0.31% | 0.21% | 0.35% | 0.45% | 0.52% | 0.38% | 0.43% |
| █▆▅▃▁▁▃▂ | Efficiency Ratio (%) | 93.2% | 89.2% | 86.9% | 83.6% | 81.4% | 80.3% | 84.7% | 82.7% |
| ▇▆▁▆▇▆▇█ | Cost of Funds (%) | 2.11% | 2.08% | 1.92% | 2.08% | 2.10% | 2.08% | 2.08% | 2.14% |
| ▁▁▁██▇▆▆ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.13% | 0.12% | 0.10% | 0.10% | 0.09% |
| ▁▁▁██▇▇▆ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.03% | 0.22% | 0.22% | 0.18% | 0.17% | 0.17% |
| █▃▅▁▆▇██ | Tang. Book Value ($M) | $21 | $19 | $19 | $18 | $20 | $21 | $21 | $21 |
| ▁▁▆▇▆▇██ | Gross Loans ($M) | $120 | $119 | $130 | $132 | $131 | $133 | $136 | $134 |
| ▁▁▂▃▄▆██ | Total Deposits ($M) | $179 | $182 | $185 | $186 | $190 | $196 | $204 | $203 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 2% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 9% |