Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.58 | 0.11% |
| Return on Equity (%) | ▲ | 4.57% | +3.91 | 0.66% |
| Net Interest Margin (%) | ▲ | 4.40% | +0.56 | 3.84% |
| Efficiency Ratio (%) | ▲ | 71.94% | -18.98 | 90.92% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.65 | $0 |
| Cost of Funds (%) | ▲ | 2.05% | -0.37 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $237 | +37.56 | $200 |
| Gross Loans ($M) | ▲ | $137 | +55.24 | $82 |
| Loan Growth YoY (%) | ▲ | 67.50% | +17.61 | 49.89% |
| Total Deposits ($M) | ▲ | $201 | +38.63 | $162 |
| Shareholders Equity ($M) | ▲ | $34 | +0.27 | $34 |
| Tang. Book Value ($M) | ▲ | $32 | +0.53 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 67.50% | +17.61 | 49.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.24% | -0.12% | 1.37% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.20% | -13.37 | 35.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▁▂▂▂▃▄ | Net Interest Margin (%) | 5.22% | 4.84% | 3.62% | 3.84% | 3.87% | 3.93% | 4.21% | 4.40% |
| █▇▁▁▁▁▃▄ | Return on Assets (%) | 1.63% | 1.32% | 0.09% | 0.11% | 0.09% | 0.15% | 0.56% | 0.68% |
| ▁▁███▇▅▄ | Efficiency Ratio (%) | 59.5% | 59.1% | 92.6% | 90.9% | 89.7% | 87.6% | 76.1% | 71.9% |
| ▁▄▇██▅▄▃ | Cost of Funds (%) | 1.82% | 2.09% | 2.30% | 2.42% | 2.35% | 2.18% | 2.08% | 2.05% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▄▅▅▇█▇ | Tang. Book Value ($M) | $30 | $31 | $31 | $31 | $31 | $32 | $32 | $32 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $47 | $61 | $71 | $82 | $103 | $107 | $125 | $137 |
| ▁▃▅▃▄▆▇█ | Total Deposits ($M) | $145 | $163 | $179 | $162 | $169 | $185 | $188 | $201 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 9% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 22% |