Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.86% | +0.28 | 1.58% |
| Return on Equity (%) | ▲ | 17.94% | +0.52 | 17.42% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.26 | 3.80% |
| Efficiency Ratio (%) | ▲ | 38.70% | -6.30 | 44.99% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.72 | $3 |
| Cost of Funds (%) | ▲ | 1.15% | -0.07 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $599 | +8.31 | $590 |
| Gross Loans ($M) | ▲ | $326 | +31.60 | $295 |
| Loan Growth YoY (%) | ▲ | 60.58% | +6.06 | 54.52% |
| Total Deposits ($M) | ▼ | $531 | -1.64 | $533 |
| Shareholders Equity ($M) | ▲ | $65 | +9.60 | $56 |
| Tang. Book Value ($M) | ▲ | $65 | +9.60 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +9.04 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 60.58% | +6.06 | 54.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.33% | -0.03% | 1.36% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.76% | +1.37 | 17.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▆▇█ | Net Interest Margin (%) | 3.58% | 3.64% | 3.73% | 3.80% | 3.88% | 3.92% | 3.96% | 4.07% |
| ▁▁▃▄▅▆▇█ | Return on Assets (%) | 1.39% | 1.43% | 1.51% | 1.58% | 1.65% | 1.73% | 1.79% | 1.86% |
| ██▇▆▄▃▁▁ | Efficiency Ratio (%) | 48.2% | 48.1% | 46.6% | 45.0% | 42.9% | 41.8% | 39.4% | 38.7% |
| █▇▄▃▃▃▁▁ | Cost of Funds (%) | 1.36% | 1.33% | 1.23% | 1.21% | 1.20% | 1.20% | 1.14% | 1.15% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▄▆▇▇█ | Tang. Book Value ($M) | $51 | $48 | $52 | $56 | $60 | $62 | $63 | $65 |
| ▁▂▁▃▆▇██ | Gross Loans ($M) | $281 | $288 | $284 | $295 | $314 | $319 | $325 | $326 |
| ▁▂▅▅███▅ | Total Deposits ($M) | $496 | $506 | $528 | $533 | $555 | $554 | $556 | $531 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 14% |