Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.24 | 0.51% |
| Return on Equity (%) | ▲ | 8.59% | +2.48 | 6.11% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.44 | 2.99% |
| Efficiency Ratio (%) | ▲ | 68.20% | -7.96 | 76.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.45 | $1 |
| Cost of Funds (%) | ▲ | 2.25% | -0.26 | 2.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $352 | +26.46 | $325 |
| Gross Loans ($M) | ▲ | $297 | +40.26 | $257 |
| Loan Growth YoY (%) | ▲ | 95.54% | +9.54 | 86.00% |
| Total Deposits ($M) | ▲ | $309 | +12.05 | $297 |
| Shareholders Equity ($M) | ▲ | $31 | +3.44 | $27 |
| Tang. Book Value ($M) | ▲ | $31 | +3.44 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.27 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 95.54% | +9.54 | 86.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.72 | 0.86% |
| Allowance / Loans (%) | — | 0.69% | 0.04% | 0.65% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.87 | 1.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅██ | Net Interest Margin (%) | 2.70% | 2.74% | 2.88% | 2.99% | 3.07% | 3.15% | 3.34% | 3.43% |
| ▁▁▃▅▆▇▇█ | Return on Assets (%) | 0.27% | 0.32% | 0.42% | 0.51% | 0.59% | 0.66% | 0.65% | 0.75% |
| █▇▅▄▃▂▂▁ | Efficiency Ratio (%) | 86.1% | 83.5% | 78.5% | 76.2% | 73.6% | 71.0% | 72.0% | 68.2% |
| ▇█▆▇▇▅▁▁ | Cost of Funds (%) | 2.52% | 2.60% | 2.48% | 2.51% | 2.55% | 2.42% | 2.23% | 2.25% |
| ▃▃▁█▁▁█▁ | NPA / Assets (%) | 0.32% | 0.31% | 0.18% | 0.86% | 0.13% | 0.12% | 0.78% | 0.14% |
| ▁▁▁█▁▁█▁ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.15% | 1.02% | 0.06% | 0.06% | 0.95% | 0.15% |
| ▁▁▂▂▄▆▇█ | Tang. Book Value ($M) | $27 | $26 | $27 | $27 | $28 | $29 | $30 | $31 |
| ▁▁▂▃▃▄▆█ | Gross Loans ($M) | $241 | $244 | $252 | $257 | $259 | $263 | $278 | $297 |
| ▁▃▅▆▅▇▇█ | Total Deposits ($M) | $272 | $285 | $291 | $297 | $292 | $302 | $302 | $309 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 37% |