Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.01 | 0.83% |
| Return on Equity (%) | ▼ | 8.88% | -0.42 | 9.30% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.21 | 3.60% |
| Efficiency Ratio (%) | ▼ | 70.47% | +0.58 | 69.89% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 2.11% | -0.13 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $337 | +22.70 | $314 |
| Gross Loans ($M) | ▲ | $258 | +22.78 | $235 |
| Loan Growth YoY (%) | ▲ | 85.30% | +1.33 | 83.97% |
| Total Deposits ($M) | ▲ | $300 | +22.36 | $278 |
| Shareholders Equity ($M) | ▲ | $32 | +2.63 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +2.63 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +2.55 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 85.30% | +1.33 | 83.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.71% | -0.06% | 0.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 3.43% | 3.48% | 3.49% | 3.60% | 3.63% | 3.69% | 3.79% | 3.81% |
| ▁▃▅▇▆▇█▇ | Return on Assets (%) | 0.70% | 0.77% | 0.80% | 0.83% | 0.83% | 0.83% | 0.87% | 0.84% |
| █▄▃▃▄▁▁▄ | Efficiency Ratio (%) | 71.9% | 70.5% | 70.1% | 69.9% | 70.3% | 69.3% | 69.2% | 70.5% |
| █▇▅▅▃▃▁▃ | Cost of Funds (%) | 2.45% | 2.35% | 2.24% | 2.24% | 2.12% | 2.13% | 1.97% | 2.11% |
| ▄▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| ▅▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $27 | $27 | $28 | $29 | $29 | $30 | $31 | $32 |
| ▁▃▂▂▄▇██ | Gross Loans ($M) | $227 | $239 | $234 | $235 | $242 | $254 | $260 | $258 |
| ▁▂▄▂▆▄██ | Total Deposits ($M) | $272 | $279 | $285 | $278 | $291 | $285 | $301 | $300 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 17% |