Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.15 | 0.89% |
| Return on Equity (%) | ▼ | 11.89% | -0.69 | 12.58% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.81 | 3.00% |
| Efficiency Ratio (%) | ▼ | 60.79% | +4.20 | 56.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 2.07% | -0.44 | 2.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $148 | -22.67 | $171 |
| Gross Loans ($M) | ▼ | $96 | -2.61 | $99 |
| Loan Growth YoY (%) | ▲ | 71.78% | +9.79 | 61.99% |
| Total Deposits ($M) | ▼ | $132 | -25.48 | $158 |
| Shareholders Equity ($M) | ▲ | $15 | +2.47 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +2.47 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.88 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 71.78% | +9.79 | 61.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 1.36% | 0.27% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.25% | +2.43 | 15.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▅▅▇█ | Net Interest Margin (%) | 2.11% | 2.21% | 2.86% | 3.00% | 3.15% | 3.14% | 3.51% | 3.81% |
| ▁▁▆▆▆▆▇█ | Return on Assets (%) | 0.44% | 0.47% | 0.88% | 0.89% | 0.84% | 0.85% | 0.95% | 1.04% |
| ██▁▁▁▂▃▂ | Efficiency Ratio (%) | 77.3% | 74.8% | 55.9% | 56.6% | 57.6% | 59.2% | 61.4% | 60.8% |
| █▄▅▅▆▁▁▂ | Cost of Funds (%) | 2.93% | 2.33% | 2.48% | 2.51% | 2.64% | 2.02% | 1.91% | 2.07% |
| ▁▁▁▁▆▅█▁ | NPA / Assets (%) | 0.00% | 0.08% | 0.03% | 0.00% | 0.45% | 0.38% | 0.64% | 0.04% |
| ▁▂▁▁▅▆█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.16% | 0.06% | 0.00% | 0.70% | 0.74% | 1.16% | 0.05% |
| ▃▁▂▃▅▇██ | Tang. Book Value ($M) | $13 | $12 | $12 | $13 | $14 | $14 | $15 | $15 |
| ▁▃▅██▆█▇ | Gross Loans ($M) | $85 | $89 | $94 | $99 | $100 | $95 | $98 | $96 |
| ▁▇▇▇▄█▇▃ | Total Deposits ($M) | $120 | $160 | $159 | $158 | $141 | $169 | $162 | $132 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 34% |