Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.22 | 1.52% |
| Return on Equity (%) | ▼ | 16.03% | -0.49 | 16.52% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.27 | 4.11% |
| Efficiency Ratio (%) | ▲ | 50.63% | -2.53 | 53.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.81 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.99 | 3.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $325 | +167.58 | $157 |
| Gross Loans ($M) | ▲ | $238 | +98.52 | $139 |
| Loan Growth YoY (%) | ▼ | 84.25% | -20.91 | 105.16% |
| Total Deposits ($M) | ▲ | $279 | +147.70 | $131 |
| Shareholders Equity ($M) | ▲ | $36 | +21.80 | $14 |
| Tang. Book Value ($M) | ▲ | $31 | +16.37 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +18.43 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 84.25% | -20.91 | 105.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.94 | 0.00% |
| Allowance / Loans (%) | — | 1.36% | 0.09% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 1.28% | +1.28 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.99% | +2.56 | 10.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▄▃███ | Net Interest Margin (%) | 4.10% | 4.07% | 3.93% | 4.11% | 4.08% | 4.36% | 4.35% | 4.39% |
| ▄▁▄▅▁▁██ | Return on Assets (%) | 1.39% | 1.16% | 1.40% | 1.52% | 1.16% | 1.14% | 1.79% | 1.74% |
| ▆█▄▃▄▅▁▁ | Efficiency Ratio (%) | 57.1% | 59.5% | 54.5% | 53.2% | 54.1% | 55.3% | 51.5% | 50.6% |
| ███▇▁▂▁▂ | Cost of Funds (%) | 3.16% | 3.06% | 3.01% | 3.00% | 1.91% | 2.01% | 1.83% | 2.00% |
| ▁▁▁▁█▁▃█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 0.03% | 0.33% | 0.94% |
| ▁▁▁▁█▁▃█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 1.30% | 0.04% | 0.48% | 1.28% |
| ▁▁▁▁▇▇██ | Tang. Book Value ($M) | $13 | $13 | $14 | $14 | $28 | $28 | $30 | $31 |
| ▁▁▂▂▇███ | Gross Loans ($M) | $113 | $124 | $131 | $139 | $220 | $235 | $235 | $238 |
| ▁▁▁▁▆▆▇█ | Total Deposits ($M) | $115 | $120 | $128 | $131 | $234 | $235 | $245 | $279 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 17% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 4% |