Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.40 | 0.87% |
| Return on Equity (%) | ▲ | 13.32% | +3.75 | 9.57% |
| Net Interest Margin (%) | ▲ | 4.00% | +0.34 | 3.66% |
| Efficiency Ratio (%) | ▲ | 70.31% | -2.45 | 72.76% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 2.34% | -0.24 | 2.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $533 | +59.77 | $474 |
| Gross Loans ($M) | ▲ | $394 | +29.18 | $365 |
| Loan Growth YoY (%) | ▼ | 83.28% | -4.27 | 87.55% |
| Total Deposits ($M) | ▲ | $469 | +55.89 | $413 |
| Shareholders Equity ($M) | ▲ | $49 | +5.26 | $43 |
| Tang. Book Value ($M) | ▲ | $46 | +5.26 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $50 | +6.71 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 83.28% | -4.27 | 87.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.01% |
| Allowance / Loans (%) | — | 0.88% | 0.01% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.03 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.57 | 11.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆▇▇██ | Net Interest Margin (%) | 2.88% | 3.01% | 3.48% | 3.66% | 3.77% | 3.85% | 4.04% | 4.00% |
| ▁▁▃▃▄▄█▆ | Return on Assets (%) | 0.33% | 0.39% | 0.77% | 0.87% | 0.97% | 1.02% | 1.80% | 1.27% |
| █▇▃▂▁▁▁▁ | Efficiency Ratio (%) | 87.8% | 84.6% | 75.0% | 72.8% | 71.2% | 70.7% | 71.2% | 70.3% |
| █▅▃▄▄▂▁▁ | Cost of Funds (%) | 3.05% | 2.73% | 2.53% | 2.58% | 2.57% | 2.44% | 2.28% | 2.34% |
| ▁▁▁▂▄█▇▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.03% | 0.07% | 0.05% | 0.03% |
| ▁▁▁▂▄█▇▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.04% | 0.09% | 0.07% | 0.05% |
| ▁▁▃▄▅▆██ | Tang. Book Value ($M) | $38 | $39 | $40 | $41 | $42 | $44 | $46 | $46 |
| ▁▂▅▆▇▇▇█ | Gross Loans ($M) | $305 | $319 | $354 | $365 | $373 | $373 | $382 | $394 |
| ▁▂▃▄▄▄▅█ | Total Deposits ($M) | $373 | $388 | $408 | $413 | $418 | $417 | $427 | $469 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 25% |