Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.60% | -0.56 | 2.17% |
| Return on Equity (%) | ▼ | 14.77% | -6.55 | 21.32% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.05 | 4.40% |
| Efficiency Ratio (%) | ▼ | 55.75% | +2.89 | 52.87% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.02 | $3 |
| Cost of Funds (%) | ▼ | 1.27% | +0.06 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $631 | +44.03 | $587 |
| Gross Loans ($M) | ▲ | $462 | +69.17 | $393 |
| Loan Growth YoY (%) | ▲ | 82.02% | +7.59 | 74.44% |
| Total Deposits ($M) | ▲ | $557 | +35.64 | $521 |
| Shareholders Equity ($M) | ▲ | $68 | +7.53 | $60 |
| Tang. Book Value ($M) | ▲ | $68 | +7.53 | $60 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +8.08 | $64 |
| Loan / Deposit Ratio (%) | ▲ | 82.02% | +7.59 | 74.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.22% | -0.11% | 1.32% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.03% | -0.89 | 14.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆██▂▇ | Net Interest Margin (%) | 4.25% | 4.27% | 4.33% | 4.40% | 4.47% | 4.49% | 4.30% | 4.46% |
| ▃▃█▅▄▄▁▁ | Return on Assets (%) | 1.85% | 1.85% | 2.57% | 2.17% | 2.03% | 1.95% | 1.53% | 1.60% |
| ██▅▁▁▁▇▆ | Efficiency Ratio (%) | 56.6% | 57.0% | 55.2% | 52.9% | 52.5% | 52.5% | 56.3% | 55.8% |
| █▆▄▂▅▆▁▄ | Cost of Funds (%) | 1.37% | 1.31% | 1.27% | 1.21% | 1.29% | 1.30% | 1.16% | 1.27% |
| ▁▁▁█▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁▄▄▆▇██ | Tang. Book Value ($M) | $55 | $53 | $59 | $60 | $63 | $66 | $67 | $68 |
| ▁▁▁▂▃▄▆█ | Gross Loans ($M) | $379 | $383 | $386 | $393 | $406 | $417 | $434 | $462 |
| ▁▂▂▅▄▄██ | Total Deposits ($M) | $475 | $495 | $488 | $521 | $507 | $512 | $556 | $557 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 28% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 9% |