Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.38 | 0.80% |
| Return on Equity (%) | ▲ | 11.53% | +2.98 | 8.55% |
| Net Interest Margin (%) | ▲ | 3.19% | +0.62 | 2.57% |
| Efficiency Ratio (%) | ▲ | 52.68% | -9.17 | 61.86% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 2.07% | -0.29 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $252 | -3.71 | $256 |
| Gross Loans ($M) | ▲ | $176 | +6.06 | $170 |
| Loan Growth YoY (%) | ▲ | 82.96% | +1.10 | 81.86% |
| Total Deposits ($M) | ▲ | $210 | +4.35 | $206 |
| Shareholders Equity ($M) | ▲ | $26 | +2.01 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +2.01 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +1.57 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 82.96% | +1.10 | 81.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.23 | 0.35% |
| Allowance / Loans (%) | — | 0.83% | 0.08% | 0.75% |
| Net Charge-Off Ratio (%) | ▼ | 0.83% | +0.32 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▆██ | Net Interest Margin (%) | 1.84% | 1.98% | 2.49% | 2.57% | 2.68% | 2.77% | 3.14% | 3.19% |
| ▁▁▅▅▆▇██ | Return on Assets (%) | 0.30% | 0.40% | 0.76% | 0.80% | 0.92% | 1.01% | 1.18% | 1.17% |
| █▇▄▃▂▂▁▁ | Efficiency Ratio (%) | 84.5% | 79.8% | 64.7% | 61.9% | 56.2% | 57.3% | 51.2% | 52.7% |
| █▄▅▆▅▄▁▁ | Cost of Funds (%) | 2.48% | 2.23% | 2.29% | 2.37% | 2.30% | 2.27% | 2.11% | 2.07% |
| ▁▁▁▃▁▅█▅ | NPA / Assets (%) | 0.14% | 0.17% | 0.18% | 0.35% | 0.10% | 0.55% | 0.89% | 0.58% |
| ▁▁▁▃▁▅█▅ | Net Charge-Off Ratio (%) | 0.20% | 0.24% | 0.25% | 0.50% | 0.12% | 0.78% | 1.27% | 0.83% |
| ▃▁▁▄▆▆▇█ | Tang. Book Value ($M) | $23 | $23 | $22 | $24 | $25 | $25 | $26 | $26 |
| ▁▃▅▇████ | Gross Loans ($M) | $142 | $151 | $163 | $170 | $174 | $173 | $173 | $176 |
| ▁▁▆▆▆▆▇█ | Total Deposits ($M) | $194 | $194 | $205 | $206 | $206 | $206 | $207 | $210 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 11% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 25% |