Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.06% | +0.04 | 2.02% |
| Return on Equity (%) | ▼ | 17.16% | -0.86 | 18.02% |
| Net Interest Margin (%) | ▲ | 4.93% | +0.04 | 4.88% |
| Efficiency Ratio (%) | ▲ | 54.40% | -1.11 | 55.51% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $2 |
| Cost of Funds (%) | ▲ | 1.57% | -0.04 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $355 | +35.28 | $319 |
| Gross Loans ($M) | ▲ | $233 | +16.49 | $216 |
| Loan Growth YoY (%) | ▼ | 73.79% | -3.60 | 77.39% |
| Total Deposits ($M) | ▲ | $311 | +34.67 | $276 |
| Shareholders Equity ($M) | ▲ | $42 | +5.32 | $36 |
| Tang. Book Value ($M) | ▲ | $42 | +5.35 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +5.09 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 73.79% | -3.60 | 77.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.22 | 0.00% |
| Allowance / Loans (%) | — | 1.40% | 0.28% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.33 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▇▇▇█▇ | Net Interest Margin (%) | 4.48% | 4.51% | 4.79% | 4.88% | 4.90% | 4.93% | 5.00% | 4.93% |
| ▁▂▅▇▆▆██ | Return on Assets (%) | 1.80% | 1.83% | 1.97% | 2.02% | 2.00% | 1.99% | 2.08% | 2.06% |
| ██▄▃▃▂▁▁ | Efficiency Ratio (%) | 59.4% | 59.1% | 56.5% | 55.5% | 55.4% | 55.2% | 54.0% | 54.4% |
| ▇▇▁▇██▅▅ | Cost of Funds (%) | 1.61% | 1.61% | 1.52% | 1.61% | 1.61% | 1.63% | 1.58% | 1.57% |
| ▁▁▁▁█▇▂▂ | NPA / Assets (%) | 0.00% | 0.01% | 0.00% | 0.00% | 0.89% | 0.68% | 0.21% | 0.22% |
| ▁▁▁▁█▆▂▃ | Net Charge-Off Ratio (%) | 0.00% | 0.02% | 0.00% | 0.00% | 1.31% | 0.97% | 0.30% | 0.33% |
| ▂▁▃▃▆▇██ | Tang. Book Value ($M) | $35 | $33 | $36 | $36 | $39 | $40 | $41 | $42 |
| ▁▂▄▆▆███ | Gross Loans ($M) | $184 | $192 | $203 | $216 | $221 | $231 | $232 | $233 |
| ▁▁▂▂▃▃▆█ | Total Deposits ($M) | $273 | $269 | $278 | $276 | $281 | $284 | $296 | $311 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 9% |