Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.65 | 0.81% |
| Return on Equity (%) | ▲ | 16.83% | +7.37 | 9.46% |
| Net Interest Margin (%) | ▲ | 3.32% | +0.74 | 2.57% |
| Efficiency Ratio (%) | ▲ | 52.03% | -11.06 | 63.08% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.64 | $1 |
| Cost of Funds (%) | ▲ | 2.65% | -0.33 | 2.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $505 | +32.36 | $473 |
| Gross Loans ($M) | ▲ | $437 | +24.93 | $412 |
| Loan Growth YoY (%) | ▲ | 144.66% | +20.07 | 124.60% |
| Total Deposits ($M) | ▼ | $298 | -28.22 | $327 |
| Shareholders Equity ($M) | ▲ | $44 | +3.21 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +3.21 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +3.41 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 144.66% | +20.07 | 124.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.10 | 0.14% |
| Allowance / Loans (%) | — | 1.13% | -0.02% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.11 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅██ | Net Interest Margin (%) | 2.03% | 2.13% | 2.48% | 2.57% | 2.72% | 2.81% | 3.25% | 3.32% |
| ▁▂▁▂▃▃█▇ | Return on Assets (%) | 0.64% | 0.80% | 0.74% | 0.81% | 0.91% | 1.02% | 1.65% | 1.47% |
| █▇▆▅▄▃▁▁ | Efficiency Ratio (%) | 76.0% | 69.6% | 65.9% | 63.1% | 59.8% | 57.1% | 48.7% | 52.0% |
| █▆▅▄▃▂▃▁ | Cost of Funds (%) | 3.49% | 3.20% | 3.12% | 2.98% | 2.92% | 2.82% | 2.92% | 2.65% |
| ▁▁██▆▆▄▃ | NPA / Assets (%) | 0.00% | 0.00% | 0.14% | 0.14% | 0.10% | 0.10% | 0.06% | 0.04% |
| ▁▁██▆▆▄▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.17% | 0.16% | 0.12% | 0.11% | 0.07% | 0.05% |
| ▁▁▁▃▅▆██ | Tang. Book Value ($M) | $39 | $39 | $39 | $40 | $42 | $42 | $44 | $44 |
| ▁▃▃▄▆███ | Gross Loans ($M) | $383 | $400 | $400 | $412 | $421 | $442 | $435 | $437 |
| ▇▄█▄▄▄▄▁ | Total Deposits ($M) | $350 | $330 | $363 | $327 | $329 | $328 | $327 | $298 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 28% |