Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.50 | 0.51% |
| Return on Equity (%) | ▲ | 8.05% | +3.96 | 4.09% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.24 | 3.27% |
| Efficiency Ratio (%) | ▲ | 72.30% | -1.73 | 74.03% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.02 | $2 |
| Cost of Funds (%) | ▲ | 2.10% | -0.26 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $580 | +43.12 | $537 |
| Gross Loans ($M) | ▲ | $342 | +6.31 | $336 |
| Loan Growth YoY (%) | ▼ | 67.39% | -5.60 | 72.99% |
| Total Deposits ($M) | ▲ | $503 | +48.14 | $455 |
| Shareholders Equity ($M) | ▲ | $73 | +4.10 | $69 |
| Tang. Book Value ($M) | ▲ | $65 | +4.10 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +4.53 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 67.39% | -5.60 | 72.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.90% | -0.22% | 1.12% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.01% | +1.11 | 12.90% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▁▅▅▅▇█ | Net Interest Margin (%) | 3.30% | 3.27% | 2.99% | 3.27% | 3.32% | 3.30% | 3.41% | 3.51% |
| ▅▃▁▄▄▄▆█ | Return on Assets (%) | 0.62% | 0.46% | 0.20% | 0.51% | 0.57% | 0.57% | 0.76% | 1.01% |
| ▄██▂▃▄▃▁ | Efficiency Ratio (%) | 77.0% | 81.6% | 82.0% | 74.0% | 75.0% | 76.7% | 75.1% | 72.3% |
| ██▆▄▄▃▁▁ | Cost of Funds (%) | 2.77% | 2.73% | 2.57% | 2.37% | 2.41% | 2.33% | 2.15% | 2.10% |
| ███▁▁▁▁▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ███▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▃▅▆▆█ | Tang. Book Value ($M) | $60 | $59 | $59 | $61 | $62 | $63 | $63 | $65 |
| ▂▁▂▇▆▇██ | Gross Loans ($M) | $309 | $301 | $307 | $336 | $331 | $334 | $340 | $342 |
| ▁▂▂▃▆▆▇█ | Total Deposits ($M) | $437 | $447 | $446 | $455 | $481 | $483 | $494 | $503 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 20% |