Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.05 | 1.21% |
| Return on Equity (%) | ▼ | 10.21% | -0.28 | 10.49% |
| Net Interest Margin (%) | ▲ | 3.11% | +0.07 | 3.05% |
| Efficiency Ratio (%) | ▲ | 58.82% | -0.10 | 58.92% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 2.58% | -0.11 | 2.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $433 | +15.19 | $417 |
| Gross Loans ($M) | ▲ | $334 | +18.33 | $316 |
| Loan Growth YoY (%) | ▲ | 93.54% | +4.91 | 88.63% |
| Total Deposits ($M) | ▲ | $353 | +0.95 | $353 |
| Shareholders Equity ($M) | ▲ | $54 | +5.08 | $49 |
| Tang. Book Value ($M) | ▲ | $54 | +5.11 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +4.94 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 93.54% | +4.91 | 88.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Allowance / Loans (%) | — | 1.03% | -0.02% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.09 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▇▇▅█ | Net Interest Margin (%) | 2.85% | 2.89% | 3.00% | 3.05% | 3.06% | 3.07% | 2.99% | 3.11% |
| ▂▁▅▅██▃▆ | Return on Assets (%) | 1.06% | 0.95% | 1.18% | 1.21% | 1.39% | 1.38% | 1.06% | 1.26% |
| ▆▆▄▄▁▁█▄ | Efficiency Ratio (%) | 61.6% | 60.8% | 59.4% | 58.9% | 55.8% | 55.8% | 63.6% | 58.8% |
| █▇▃▅▄▄▁▂ | Cost of Funds (%) | 2.89% | 2.83% | 2.59% | 2.69% | 2.65% | 2.66% | 2.48% | 2.58% |
| █▆▅▄▃▃▃▁ | NPA / Assets (%) | 0.14% | 0.09% | 0.08% | 0.07% | 0.05% | 0.05% | 0.05% | 0.00% |
| █▆▅▄▃▃▃▁ | Net Charge-Off Ratio (%) | 0.19% | 0.13% | 0.10% | 0.09% | 0.07% | 0.07% | 0.07% | 0.00% |
| ▂▁▃▃▅▇▇█ | Tang. Book Value ($M) | $48 | $46 | $48 | $49 | $50 | $52 | $52 | $54 |
| ▁▁▅▅▆▇██ | Gross Loans ($M) | $297 | $300 | $320 | $316 | $320 | $328 | $333 | $334 |
| ▁▅▇▆▆▆█▆ | Total Deposits ($M) | $323 | $346 | $356 | $353 | $355 | $351 | $366 | $353 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 23% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 37% |
| Brokered / Other | 44% |