Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.61% | -0.18 | 0.79% |
| Return on Equity (%) | ▼ | 7.36% | -2.27 | 9.63% |
| Net Interest Margin (%) | ▼ | 3.04% | -0.26 | 3.30% |
| Efficiency Ratio (%) | ▼ | 82.89% | +5.30 | 77.58% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.40 | $1 |
| Cost of Funds (%) | ▼ | 1.19% | +0.15 | 1.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $454 | +45.51 | $408 |
| Gross Loans ($M) | ▲ | $150 | +2.44 | $147 |
| Loan Growth YoY (%) | ▼ | 36.99% | -4.04 | 41.04% |
| Total Deposits ($M) | ▲ | $399 | +45.48 | $354 |
| Shareholders Equity ($M) | ▲ | $40 | +4.26 | $35 |
| Tang. Book Value ($M) | ▲ | $40 | +4.26 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +5.76 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 36.99% | -4.04 | 41.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.38% | -0.08% | 1.46% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 29.49% | +2.53 | 26.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▄▄▃▁▁ | Net Interest Margin (%) | 3.75% | 3.66% | 3.25% | 3.30% | 3.29% | 3.25% | 2.99% | 3.04% |
| █▇▁▂▂▂▁▁ | Return on Assets (%) | 1.41% | 1.24% | 0.59% | 0.79% | 0.75% | 0.71% | 0.66% | 0.61% |
| ▁▂█▆▆▇██ | Efficiency Ratio (%) | 63.6% | 68.7% | 81.8% | 77.6% | 78.6% | 79.4% | 84.0% | 82.9% |
| ▁▂▃▅▆▆▅█ | Cost of Funds (%) | 0.85% | 0.90% | 0.95% | 1.03% | 1.07% | 1.07% | 1.03% | 1.19% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▂▂▂▆█ | Tang. Book Value ($M) | $35 | $34 | $36 | $35 | $35 | $35 | $38 | $40 |
| ▇██▁▂▅▂▂ | Gross Loans ($M) | $155 | $157 | $156 | $147 | $150 | $153 | $149 | $150 |
| ▂▃▄▁▁▃█▆ | Total Deposits ($M) | $362 | $375 | $386 | $354 | $357 | $376 | $422 | $399 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 3% |