Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.21 | 0.96% |
| Return on Equity (%) | ▲ | 12.22% | +1.06 | 11.16% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.30 | 3.97% |
| Efficiency Ratio (%) | ▲ | 60.19% | -5.43 | 65.62% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.30 | $2 |
| Cost of Funds (%) | ▲ | 1.57% | -0.46 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $655 | +68.12 | $587 |
| Gross Loans ($M) | ▲ | $496 | +16.42 | $480 |
| Loan Growth YoY (%) | ▼ | 83.32% | -6.31 | 89.63% |
| Total Deposits ($M) | ▲ | $589 | +59.05 | $530 |
| Shareholders Equity ($M) | ▲ | $63 | +8.60 | $54 |
| Tang. Book Value ($M) | ▲ | $63 | +8.60 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 83.32% | -6.31 | 89.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | 0.11% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.16% | +0.16 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.56% | +1.39 | 11.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇███ | Net Interest Margin (%) | 3.27% | 3.37% | 3.66% | 3.97% | 4.13% | 4.24% | 4.24% | 4.28% |
| ▁▁▄▆▇███ | Return on Assets (%) | 0.47% | 0.55% | 0.78% | 0.96% | 1.07% | 1.20% | 1.19% | 1.16% |
| █▇▅▃▂▁▁▁ | Efficiency Ratio (%) | 79.8% | 77.0% | 69.8% | 65.6% | 63.5% | 61.9% | 59.5% | 60.2% |
| █▇▅▅▃▂▁▁ | Cost of Funds (%) | 2.40% | 2.21% | 2.00% | 2.03% | 1.74% | 1.62% | 1.50% | 1.57% |
| ▁▁▁▁▃▃█▄ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.08% | 0.06% | 0.25% | 0.12% |
| ▁▁▁▁▃▂█▄ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.00% | 0.00% | 0.11% | 0.08% | 0.32% | 0.16% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $50 | $51 | $52 | $54 | $56 | $59 | $61 | $63 |
| ▁▂▄▆▇▇██ | Gross Loans ($M) | $442 | $454 | $463 | $480 | $484 | $489 | $492 | $496 |
| ▂▄▇▁▃▃██ | Total Deposits ($M) | $540 | $559 | $581 | $530 | $551 | $550 | $587 | $589 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 15% |