Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.52% | -0.29 | 1.81% |
| Return on Equity (%) | ▼ | 15.51% | -1.85 | 17.36% |
| Net Interest Margin (%) | ▼ | 3.69% | -0.34 | 4.03% |
| Efficiency Ratio (%) | ▼ | 41.47% | +4.51 | 36.96% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.21 | $2 |
| Cost of Funds (%) | ▼ | 1.62% | +0.41 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $422 | +53.17 | $369 |
| Gross Loans ($M) | ▲ | $349 | +34.73 | $314 |
| Loan Growth YoY (%) | ▼ | 91.55% | -4.05 | 95.59% |
| Total Deposits ($M) | ▲ | $377 | +52.28 | $325 |
| Shareholders Equity ($M) | ▼ | $41 | -0.18 | $41 |
| Tang. Book Value ($M) | ▼ | $41 | -0.18 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 91.55% | -4.05 | 95.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.03% | -0.11% | 1.14% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.69% | +0.05 | 17.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▅█▇█▂▁ | Net Interest Margin (%) | 3.75% | 3.80% | 3.93% | 4.03% | 4.02% | 4.07% | 3.74% | 3.69% |
| ▃▁██▇▆▅▃ | Return on Assets (%) | 1.52% | 1.39% | 1.83% | 1.81% | 1.76% | 1.69% | 1.61% | 1.52% |
| ▅█▁▂▃▄▃▄ | Efficiency Ratio (%) | 43.7% | 49.2% | 34.7% | 37.0% | 38.7% | 41.2% | 39.7% | 41.5% |
| ▆▃▁▁▁▁▇█ | Cost of Funds (%) | 1.50% | 1.36% | 1.20% | 1.21% | 1.22% | 1.22% | 1.56% | 1.62% |
| █▆▄▃▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▆▄▃▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▇▁▃▆█▁▃▆ | Tang. Book Value ($M) | $42 | $38 | $39 | $41 | $43 | $38 | $39 | $41 |
| ▁▁▁▂▂▄▇█ | Gross Loans ($M) | $307 | $312 | $308 | $314 | $315 | $326 | $341 | $349 |
| ▁▂▄▁▃▃▇█ | Total Deposits ($M) | $321 | $335 | $348 | $325 | $336 | $336 | $365 | $377 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 6% |