Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.97% | +0.15 | 1.82% |
| Return on Equity (%) | ▲ | 11.68% | +0.76 | 10.92% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.18 | 3.96% |
| Efficiency Ratio (%) | ▲ | 39.95% | -2.03 | 41.98% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.09 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $260 | +13.71 | $246 |
| Gross Loans ($M) | ▲ | $144 | +12.74 | $131 |
| Loan Growth YoY (%) | ▲ | 67.03% | +2.30 | 64.73% |
| Total Deposits ($M) | ▲ | $211 | +11.84 | $199 |
| Shareholders Equity ($M) | ▲ | $44 | +3.21 | $41 |
| Tang. Book Value ($M) | ▲ | $44 | +3.21 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +2.98 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 67.03% | +2.30 | 64.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.29 | 0.06% |
| Allowance / Loans (%) | — | 1.88% | -0.00% | 1.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.51 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▄▆▇▇█ | Net Interest Margin (%) | 3.81% | 3.89% | 3.88% | 3.96% | 4.02% | 4.09% | 4.07% | 4.14% |
| ▁▁▁▃▆▃▇█ | Return on Assets (%) | 1.73% | 1.75% | 1.75% | 1.82% | 1.89% | 1.81% | 1.94% | 1.97% |
| ▇██▆▃▅▁▁ | Efficiency Ratio (%) | 42.3% | 42.6% | 42.7% | 42.0% | 40.8% | 41.6% | 40.2% | 40.0% |
| ▄█▃▇█▇▁▃ | Cost of Funds (%) | 1.59% | 1.68% | 1.57% | 1.63% | 1.66% | 1.64% | 1.50% | 1.55% |
| ▃▃▁▁████ | NPA / Assets (%) | 0.14% | 0.14% | 0.06% | 0.06% | 0.34% | 0.34% | 0.32% | 0.35% |
| ▃▃▁▁████ | Net Charge-Off Ratio (%) | 0.26% | 0.26% | 0.10% | 0.11% | 0.63% | 0.61% | 0.59% | 0.63% |
| ▁▂▂▃▅▇▆█ | Tang. Book Value ($M) | $39 | $40 | $40 | $41 | $42 | $43 | $43 | $44 |
| ▂▁▁▃▅▆██ | Gross Loans ($M) | $129 | $124 | $124 | $131 | $135 | $138 | $143 | $144 |
| ▂▁▂▃▄▄██ | Total Deposits ($M) | $196 | $191 | $196 | $199 | $200 | $201 | $213 | $211 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 28% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 15% |