Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.19 | 0.75% |
| Return on Equity (%) | ▲ | 8.64% | +1.49 | 7.15% |
| Net Interest Margin (%) | ▲ | 3.04% | +0.29 | 2.75% |
| Efficiency Ratio (%) | ▲ | 58.38% | -4.57 | 62.95% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.50 | $1 |
| Cost of Funds (%) | ▲ | 2.66% | -0.25 | 2.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $574 | +39.29 | $535 |
| Gross Loans ($M) | ▲ | $478 | +15.61 | $463 |
| Loan Growth YoY (%) | ▼ | 103.27% | -5.04 | 108.31% |
| Total Deposits ($M) | ▲ | $458 | +35.34 | $423 |
| Shareholders Equity ($M) | ▲ | $64 | +7.52 | $57 |
| Tang. Book Value ($M) | ▲ | $64 | +7.52 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 103.27% | -5.04 | 108.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.13% | 0.05% | 1.08% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.78% | +1.06 | 11.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▆█ | Net Interest Margin (%) | 2.38% | 2.46% | 2.65% | 2.75% | 2.81% | 2.86% | 2.87% | 3.04% |
| ▁▂▅▆▆███ | Return on Assets (%) | 0.42% | 0.49% | 0.69% | 0.75% | 0.78% | 0.91% | 0.89% | 0.94% |
| █▇▃▃▂▁▁▁ | Efficiency Ratio (%) | 74.6% | 70.6% | 64.5% | 62.9% | 62.4% | 59.9% | 58.8% | 58.4% |
| █▇▃▅▅▂▁▂ | Cost of Funds (%) | 3.14% | 3.04% | 2.77% | 2.90% | 2.89% | 2.70% | 2.57% | 2.66% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▂▆███ | Tang. Book Value ($M) | $55 | $55 | $56 | $57 | $62 | $63 | $63 | $64 |
| ▁▁▁▅▅▅██ | Gross Loans ($M) | $447 | $447 | $450 | $463 | $464 | $464 | $474 | $478 |
| ▁▁▁▁▂▆█▅ | Total Deposits ($M) | $419 | $418 | $425 | $423 | $431 | $461 | $484 | $458 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 12% |