Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.72% | +0.18 | 1.54% |
| Return on Equity (%) | ▲ | 12.85% | +1.22 | 11.63% |
| Net Interest Margin (%) | ▲ | 5.32% | +0.22 | 5.11% |
| Efficiency Ratio (%) | ▲ | 52.88% | -4.40 | 57.28% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.86% | -0.23 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $443 | +21.05 | $422 |
| Gross Loans ($M) | ▲ | $337 | +27.87 | $310 |
| Loan Growth YoY (%) | ▲ | 87.98% | +4.31 | 83.67% |
| Total Deposits ($M) | ▲ | $379 | +13.56 | $366 |
| Shareholders Equity ($M) | ▲ | $61 | +6.84 | $54 |
| Tang. Book Value ($M) | ▲ | $60 | +6.88 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 87.98% | +4.31 | 83.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.28 | 0.30% |
| Allowance / Loans (%) | — | 1.07% | -0.04% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.76% | +0.35 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅█▂▂▁▁▅█ | Net Interest Margin (%) | 5.20% | 5.31% | 5.13% | 5.11% | 5.06% | 5.09% | 5.21% | 5.32% |
| ▁▂▄▃▂▁▆█ | Return on Assets (%) | 1.44% | 1.50% | 1.56% | 1.54% | 1.48% | 1.46% | 1.63% | 1.72% |
| ██▅▅▆▅▂▁ | Efficiency Ratio (%) | 60.5% | 60.1% | 56.8% | 57.3% | 58.5% | 57.6% | 54.1% | 52.9% |
| █▇▅▄▅▄▁▁ | Cost of Funds (%) | 2.34% | 2.23% | 2.13% | 2.09% | 2.11% | 2.06% | 1.90% | 1.86% |
| ▂▁▄▅▅▄▇█ | NPA / Assets (%) | 0.12% | 0.00% | 0.23% | 0.30% | 0.31% | 0.26% | 0.43% | 0.58% |
| ▂▁▄▅▅▄▆█ | Net Charge-Off Ratio (%) | 0.14% | 0.00% | 0.29% | 0.41% | 0.42% | 0.35% | 0.56% | 0.76% |
| ▁▂▃▃▄▆▇█ | Tang. Book Value ($M) | $49 | $51 | $52 | $53 | $54 | $56 | $58 | $60 |
| ▁▁▂▃█▇▇█ | Gross Loans ($M) | $301 | $300 | $308 | $310 | $333 | $330 | $332 | $337 |
| ▁▁▂▅█▇▅▆ | Total Deposits ($M) | $324 | $329 | $341 | $366 | $398 | $387 | $366 | $379 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 13% |