Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.16 | 1.20% |
| Return on Equity (%) | ▲ | 14.84% | +2.12 | 12.72% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.22 | 3.64% |
| Efficiency Ratio (%) | ▲ | 54.70% | -3.23 | 57.93% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.74 | $3 |
| Cost of Funds (%) | ▲ | 1.65% | -0.13 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $786 | +58.94 | $727 |
| Gross Loans ($M) | ▲ | $523 | +31.26 | $492 |
| Loan Growth YoY (%) | ▼ | 73.24% | -1.36 | 74.60% |
| Total Deposits ($M) | ▲ | $707 | +54.64 | $652 |
| Shareholders Equity ($M) | ▲ | $75 | +3.43 | $71 |
| Tang. Book Value ($M) | ▲ | $75 | +3.46 | $71 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +3.37 | $79 |
| Loan / Deposit Ratio (%) | ▼ | 73.24% | -1.36 | 74.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.12% | -0.05% | 1.17% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.92% | -1.02 | 15.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▆████ | Net Interest Margin (%) | 3.13% | 3.21% | 3.57% | 3.64% | 3.78% | 3.84% | 3.78% | 3.86% |
| ▁▃▄▆▇███ | Return on Assets (%) | 0.90% | 1.03% | 1.11% | 1.20% | 1.27% | 1.36% | 1.31% | 1.36% |
| █▇▆▅▃▁▃▁ | Efficiency Ratio (%) | 60.5% | 59.6% | 58.6% | 57.9% | 56.4% | 54.0% | 56.0% | 54.7% |
| █▆▃▂▂▁▁▁ | Cost of Funds (%) | 2.55% | 2.27% | 1.91% | 1.78% | 1.80% | 1.63% | 1.70% | 1.65% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▁▁▄▆█▅▆█ | Tang. Book Value ($M) | $64 | $65 | $68 | $71 | $75 | $70 | $72 | $75 |
| ▁▁▂▅▆▇▆█ | Gross Loans ($M) | $453 | $462 | $464 | $492 | $504 | $509 | $498 | $523 |
| ▃▄▁▂▃███ | Total Deposits ($M) | $661 | $674 | $636 | $652 | $656 | $712 | $713 | $707 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 4% |