Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.69% | -0.05 | 1.74% |
| Return on Equity (%) | ▼ | 14.06% | -2.12 | 16.18% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.14 | 3.91% |
| Efficiency Ratio (%) | ▲ | 48.38% | -0.11 | 48.49% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.47 | $3 |
| Cost of Funds (%) | ▲ | 1.53% | -0.21 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $569 | +41.95 | $527 |
| Gross Loans ($M) | ▲ | $370 | +43.89 | $326 |
| Loan Growth YoY (%) | ▲ | 73.43% | +4.56 | 68.87% |
| Total Deposits ($M) | ▲ | $496 | +30.86 | $465 |
| Shareholders Equity ($M) | ▲ | $70 | +10.85 | $59 |
| Tang. Book Value ($M) | ▲ | $70 | +10.85 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $77 | +11.08 | $66 |
| Loan / Deposit Ratio (%) | ▲ | 73.43% | +4.56 | 68.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.08 | 0.08% |
| Allowance / Loans (%) | — | 1.52% | -0.20% | 1.72% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.13 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.93% | -0.28 | 17.21% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▆▇▇█ | Net Interest Margin (%) | 3.63% | 3.67% | 3.78% | 3.91% | 3.94% | 3.96% | 3.96% | 4.06% |
| ▇▆▃█▇▅▁▄ | Return on Assets (%) | 1.72% | 1.71% | 1.68% | 1.74% | 1.72% | 1.70% | 1.65% | 1.69% |
| ▂▁▆▅▅▅█▅ | Efficiency Ratio (%) | 45.9% | 44.6% | 48.9% | 48.5% | 48.4% | 48.3% | 50.9% | 48.4% |
| █▇▂▃▃▃▂▁ | Cost of Funds (%) | 2.19% | 2.05% | 1.63% | 1.74% | 1.74% | 1.76% | 1.64% | 1.53% |
| ▁██▄▃▁▁▁ | NPA / Assets (%) | 0.00% | 0.20% | 0.18% | 0.08% | 0.06% | 0.00% | 0.00% | 0.00% |
| ▁██▄▃▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.34% | 0.31% | 0.13% | 0.10% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▃▅▇▆█ | Tang. Book Value ($M) | $56 | $54 | $56 | $59 | $63 | $67 | $66 | $70 |
| ▁▁▁▄▅▆▆█ | Gross Loans ($M) | $297 | $306 | $305 | $326 | $342 | $343 | $345 | $370 |
| ▁▄▅▄█▇██ | Total Deposits ($M) | $443 | $465 | $470 | $465 | $493 | $483 | $493 | $496 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 53% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 16% |