Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.21 | 1.01% |
| Return on Equity (%) | ▲ | 9.18% | +0.70 | 8.48% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.30 | 3.57% |
| Efficiency Ratio (%) | ▲ | 60.95% | -3.73 | 64.68% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.08 | $2 |
| Cost of Funds (%) | ▲ | 1.09% | -0.17 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $393 | +6.74 | $386 |
| Gross Loans ($M) | ▲ | $208 | +12.06 | $196 |
| Loan Growth YoY (%) | ▲ | 61.01% | +3.40 | 57.61% |
| Total Deposits ($M) | ▲ | $336 | +0.93 | $335 |
| Shareholders Equity ($M) | ▲ | $53 | +6.00 | $47 |
| Tang. Book Value ($M) | ▲ | $53 | +6.00 | $47 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +6.32 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 61.01% | +3.40 | 57.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | -0.03% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▆██ | Net Interest Margin (%) | 3.51% | 3.51% | 3.46% | 3.57% | 3.66% | 3.73% | 3.86% | 3.88% |
| ▃▄▁▄▆▇██ | Return on Assets (%) | 0.96% | 1.01% | 0.87% | 1.01% | 1.11% | 1.17% | 1.18% | 1.21% |
| ▅▄█▄▃▁▁▁ | Efficiency Ratio (%) | 65.7% | 64.7% | 68.7% | 64.7% | 63.1% | 61.6% | 61.3% | 60.9% |
| ██▇▄▄▂▁▁ | Cost of Funds (%) | 1.50% | 1.48% | 1.39% | 1.26% | 1.22% | 1.10% | 1.04% | 1.09% |
| █▆▅▁▁▁▁▂ | NPA / Assets (%) | 0.14% | 0.09% | 0.08% | 0.00% | 0.01% | 0.01% | 0.00% | 0.02% |
| █▆▅▁▁▁▁▂ | Net Charge-Off Ratio (%) | 0.26% | 0.17% | 0.16% | 0.00% | 0.02% | 0.03% | 0.01% | 0.04% |
| ▂▁▂▃▅▇▇█ | Tang. Book Value ($M) | $46 | $44 | $45 | $47 | $49 | $52 | $51 | $53 |
| ▇█▁▁▄▅▇█ | Gross Loans ($M) | $205 | $207 | $195 | $196 | $200 | $202 | $205 | $208 |
| ▁▆▂▆▆▆█▆ | Total Deposits ($M) | $325 | $335 | $327 | $335 | $335 | $337 | $341 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 11% |