Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.85% | -0.03 | 0.88% |
| Return on Equity (%) | ▼ | 10.57% | -1.52 | 12.09% |
| Net Interest Margin (%) | ▲ | 2.99% | +0.17 | 2.83% |
| Efficiency Ratio (%) | ▼ | 60.11% | +2.23 | 57.89% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.25% | -0.35 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $266 | +4.24 | $262 |
| Gross Loans ($M) | ▲ | $78 | +9.22 | $69 |
| Loan Growth YoY (%) | ▲ | 31.90% | +3.25 | 28.64% |
| Total Deposits ($M) | ▲ | $243 | +4.53 | $238 |
| Shareholders Equity ($M) | ▼ | $20 | -0.07 | $20 |
| Tang. Book Value ($M) | ▼ | $20 | -0.07 | $20 |
| TBV excl. AOCI ($M)** | ▼ | $24 | -0.47 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 31.90% | +3.25 | 28.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.25% | -0.13% | 1.38% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.73% | -1.45 | 23.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▁▄▆▇▇█ | Net Interest Margin (%) | 2.77% | 2.82% | 2.66% | 2.83% | 2.87% | 2.94% | 2.92% | 2.99% |
| ▃▅▁▇▇█▁▅ | Return on Assets (%) | 0.82% | 0.85% | 0.79% | 0.88% | 0.89% | 0.91% | 0.77% | 0.85% |
| █▇█▁▁▂▇▇ | Efficiency Ratio (%) | 60.5% | 60.0% | 60.5% | 57.9% | 58.0% | 58.4% | 60.1% | 60.1% |
| ██▇▆▄▂▁▁ | Cost of Funds (%) | 1.71% | 1.74% | 1.63% | 1.60% | 1.49% | 1.33% | 1.30% | 1.25% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▁▃▄██▄▄ | Tang. Book Value ($M) | $20 | $18 | $20 | $20 | $22 | $22 | $20 | $20 |
| ▃▄▄▁▄▃▆█ | Gross Loans ($M) | $72 | $74 | $74 | $69 | $73 | $72 | $75 | $78 |
| ███▅▂▂▁▇ | Total Deposits ($M) | $245 | $244 | $244 | $238 | $233 | $232 | $229 | $243 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 22% |