Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.64 | -0.01% |
| Return on Equity (%) | ▲ | 11.97% | +12.19 | -0.22% |
| Net Interest Margin (%) | ▲ | 2.97% | +1.01 | 1.96% |
| Efficiency Ratio (%) | ▲ | 74.96% | -26.24 | 101.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.66 | $-0 |
| Cost of Funds (%) | ▲ | 1.00% | -0.09 | 1.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $336 | +14.02 | $322 |
| Gross Loans ($M) | ▲ | $112 | +7.35 | $105 |
| Loan Growth YoY (%) | ▲ | 35.13% | +1.38 | 33.75% |
| Total Deposits ($M) | ▲ | $316 | +9.11 | $307 |
| Shareholders Equity ($M) | ▲ | $18 | +4.33 | $13 |
| Tang. Book Value ($M) | ▲ | $17 | +4.38 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +4.31 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 35.13% | +1.38 | 33.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.07 | 0.15% |
| Allowance / Loans (%) | — | 0.77% | -0.15% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.65% | +0.20 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.19% | +0.61 | 15.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▁▂▃██ | Net Interest Margin (%) | 1.97% | 2.07% | 1.83% | 1.96% | 2.09% | 2.24% | 2.97% | 2.97% |
| █▇▁▁▁▁▄▄ | Return on Assets (%) | 1.34% | 1.11% | -0.03% | -0.01% | 0.07% | -0.01% | 0.63% | 0.63% |
| ▁▁███▇▄▄ | Efficiency Ratio (%) | 55.8% | 60.4% | 102.1% | 101.2% | 96.8% | 91.2% | 74.7% | 75.0% |
| ▅█▇▆▁▄▃▃ | Cost of Funds (%) | 1.06% | 1.15% | 1.11% | 1.09% | 0.94% | 1.02% | 1.02% | 1.00% |
| ▆▇▅▆▁█▁█ | NPA / Assets (%) | 0.16% | 0.20% | 0.12% | 0.15% | 0.00% | 0.23% | 0.01% | 0.22% |
| ▃▃▁▅▁█▁█ | Net Charge-Off Ratio (%) | 0.19% | 0.27% | 0.00% | 0.45% | 0.00% | 0.74% | 0.04% | 0.65% |
| ▂▁▃▃▆███ | Tang. Book Value ($M) | $11 | $10 | $12 | $13 | $15 | $18 | $17 | $17 |
| ▁▁▅▆▆▇██ | Gross Loans ($M) | $89 | $92 | $103 | $105 | $104 | $108 | $111 | $112 |
| █▁▁▁█▄▂▂ | Total Deposits ($M) | $344 | $306 | $307 | $307 | $348 | $324 | $315 | $316 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 7% |
| Consumer | 14% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 5% |