Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.18 | 1.19% |
| Return on Equity (%) | ▲ | 14.09% | +0.70 | 13.39% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.22 | 3.51% |
| Efficiency Ratio (%) | ▲ | 48.22% | -1.04 | 49.26% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.48 | $2 |
| Cost of Funds (%) | ▲ | 2.59% | -0.15 | 2.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $496 | +17.90 | $478 |
| Gross Loans ($M) | ▲ | $426 | +20.64 | $405 |
| Loan Growth YoY (%) | ▲ | 95.19% | +2.14 | 93.05% |
| Total Deposits ($M) | ▲ | $441 | +11.38 | $430 |
| Shareholders Equity ($M) | ▲ | $49 | +5.34 | $44 |
| Tang. Book Value ($M) | ▲ | $49 | +5.40 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 95.19% | +2.14 | 93.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.19 | 0.75% |
| Allowance / Loans (%) | — | 1.38% | 0.09% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 1.01% | +0.15 | 0.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▆▇█ | Net Interest Margin (%) | 3.21% | 3.24% | 3.46% | 3.51% | 3.60% | 3.58% | 3.62% | 3.73% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 1.03% | 1.07% | 1.17% | 1.19% | 1.24% | 1.20% | 1.33% | 1.37% |
| ▇█▁▁▂▄▃▁ | Efficiency Ratio (%) | 55.2% | 56.7% | 48.5% | 49.3% | 50.2% | 51.7% | 50.5% | 48.2% |
| █▆▂▃▅▁▁▁ | Cost of Funds (%) | 3.05% | 2.88% | 2.66% | 2.74% | 2.85% | 2.60% | 2.55% | 2.59% |
| ▃▃▁▅▁█▅▆ | NPA / Assets (%) | 0.52% | 0.54% | 0.22% | 0.75% | 0.20% | 1.20% | 0.76% | 0.94% |
| ▃▃▁▅▁█▅▆ | Net Charge-Off Ratio (%) | 0.61% | 0.64% | 0.26% | 0.86% | 0.23% | 1.40% | 0.90% | 1.01% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $39 | $40 | $42 | $43 | $44 | $46 | $47 | $49 |
| ▁▂▃▃▁▅▇█ | Gross Loans ($M) | $395 | $401 | $403 | $405 | $396 | $413 | $420 | $426 |
| ▂▃▄▆▁▁▇█ | Total Deposits ($M) | $416 | $417 | $422 | $430 | $409 | $411 | $434 | $441 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 12% |