Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.57% | +0.06 | 0.51% |
| Return on Equity (%) | ▼ | 6.71% | -0.63 | 7.34% |
| Net Interest Margin (%) | ▲ | 3.53% | +0.42 | 3.11% |
| Efficiency Ratio (%) | ▼ | 78.49% | +0.20 | 78.28% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.32% | -0.29 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $369 | +7.13 | $362 |
| Gross Loans ($M) | ▲ | $275 | +8.71 | $266 |
| Loan Growth YoY (%) | ▲ | 100.83% | +4.23 | 96.60% |
| Total Deposits ($M) | ▼ | $270 | -2.83 | $273 |
| Shareholders Equity ($M) | ▲ | $31 | +5.41 | $26 |
| Tang. Book Value ($M) | ▲ | $31 | +5.41 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +5.15 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 100.83% | +4.23 | 96.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.25 | 0.15% |
| Allowance / Loans (%) | — | 0.95% | -0.02% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.53% | +0.33 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄██ | Net Interest Margin (%) | 2.93% | 2.93% | 3.02% | 3.11% | 3.20% | 3.21% | 3.46% | 3.53% |
| ▂▂▁▁▂█▁▂ | Return on Assets (%) | 0.55% | 0.56% | 0.42% | 0.51% | 0.57% | 1.30% | 0.46% | 0.57% |
| █▇█▇▆▁█▇ | Efficiency Ratio (%) | 80.6% | 78.8% | 81.4% | 78.3% | 76.5% | 60.9% | 82.1% | 78.5% |
| ▆▄▄█▇▃▃▁ | Cost of Funds (%) | 1.53% | 1.44% | 1.46% | 1.61% | 1.55% | 1.40% | 1.40% | 1.32% |
| ▁▁▁▃▃▃██ | NPA / Assets (%) | 0.03% | 0.03% | 0.03% | 0.15% | 0.15% | 0.13% | 0.40% | 0.39% |
| ▁▁▁▃▃▃██ | Net Charge-Off Ratio (%) | 0.05% | 0.05% | 0.04% | 0.20% | 0.20% | 0.18% | 0.54% | 0.53% |
| ▃▁▂▂▄███ | Tang. Book Value ($M) | $26 | $24 | $25 | $26 | $27 | $31 | $31 | $31 |
| ▁▂▄▄▃▅▅█ | Gross Loans ($M) | $259 | $262 | $265 | $266 | $263 | $267 | $269 | $275 |
| ▅█▇▂▅▁▁▁ | Total Deposits ($M) | $282 | $290 | $287 | $273 | $280 | $270 | $272 | $270 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 16% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |