Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.82% | +0.04 | 1.78% |
| Return on Equity (%) | ▼ | 14.44% | -0.19 | 14.63% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.04 | 4.26% |
| Efficiency Ratio (%) | ▲ | 42.11% | -2.38 | 44.49% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.22 | $2 |
| Cost of Funds (%) | ▲ | 1.61% | -0.23 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $314 | +37.34 | $276 |
| Gross Loans ($M) | ▲ | $168 | +26.79 | $142 |
| Loan Growth YoY (%) | ▲ | 60.74% | +2.50 | 58.23% |
| Total Deposits ($M) | ▲ | $272 | +33.04 | $239 |
| Shareholders Equity ($M) | ▲ | $39 | +4.29 | $35 |
| Tang. Book Value ($M) | ▲ | $39 | +4.29 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +4.71 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 60.74% | +2.50 | 58.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.80% | 0.18% | 1.62% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.00 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▄▇█▄▆ | Net Interest Margin (%) | 4.20% | 4.19% | 4.16% | 4.26% | 4.33% | 4.37% | 4.26% | 4.30% |
| ▃▁▃▇▇▅▇█ | Return on Assets (%) | 1.70% | 1.66% | 1.72% | 1.78% | 1.80% | 1.76% | 1.80% | 1.82% |
| ██▆▄▃▄▁▁ | Efficiency Ratio (%) | 47.2% | 47.7% | 45.9% | 44.5% | 44.1% | 44.6% | 42.5% | 42.1% |
| ██▅▇▅▄▁▁ | Cost of Funds (%) | 1.90% | 1.87% | 1.78% | 1.83% | 1.77% | 1.74% | 1.63% | 1.61% |
| █▇██▁▁▂▇ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.01% | 0.02% |
| █▇██▁▁▂▇ | Net Charge-Off Ratio (%) | 0.04% | 0.03% | 0.04% | 0.04% | 0.01% | 0.01% | 0.01% | 0.03% |
| ▂▁▃▄▆▇▇█ | Tang. Book Value ($M) | $33 | $32 | $34 | $35 | $37 | $37 | $38 | $39 |
| ▁▂▂▃▆▆▇█ | Gross Loans ($M) | $127 | $133 | $134 | $142 | $153 | $154 | $158 | $168 |
| ▁▂▄▄▅▅▇█ | Total Deposits ($M) | $218 | $231 | $241 | $239 | $248 | $250 | $263 | $272 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 17% |
| Consumer | 5% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |