Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.10 | 1.19% |
| Return on Equity (%) | ▲ | 14.88% | +0.43 | 14.45% |
| Net Interest Margin (%) | ▲ | 3.47% | +0.06 | 3.41% |
| Efficiency Ratio (%) | ▲ | 59.76% | -1.73 | 61.48% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.37 | $2 |
| Cost of Funds (%) | ▲ | 2.24% | -0.30 | 2.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $623 | +26.55 | $596 |
| Gross Loans ($M) | ▲ | $504 | +34.82 | $469 |
| Loan Growth YoY (%) | ▲ | 91.45% | +2.95 | 88.50% |
| Total Deposits ($M) | ▲ | $544 | +20.97 | $523 |
| Shareholders Equity ($M) | ▲ | $53 | +1.54 | $51 |
| Tang. Book Value ($M) | ▲ | $53 | +1.54 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +2.30 | $55 |
| Loan / Deposit Ratio (%) | ▲ | 91.45% | +2.95 | 88.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.08 | 0.00% |
| Allowance / Loans (%) | — | 1.22% | -0.04% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.10 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▇██▅█ | Net Interest Margin (%) | 3.21% | 3.26% | 3.38% | 3.41% | 3.45% | 3.47% | 3.37% | 3.47% |
| ▁▂▄▅▇█▇█ | Return on Assets (%) | 0.97% | 1.02% | 1.14% | 1.19% | 1.27% | 1.33% | 1.27% | 1.29% |
| █▇▂▃▁▁▃▁ | Efficiency Ratio (%) | 65.9% | 64.8% | 61.0% | 61.5% | 60.4% | 60.0% | 62.1% | 59.8% |
| ▇█▅▅▄▅▁▁ | Cost of Funds (%) | 2.69% | 2.78% | 2.58% | 2.54% | 2.50% | 2.54% | 2.26% | 2.24% |
| █▁▃▁▁▁▂▂ | NPA / Assets (%) | 0.42% | 0.00% | 0.15% | 0.00% | 0.00% | 0.05% | 0.09% | 0.08% |
| █▁▃▁▁▁▂▂ | Net Charge-Off Ratio (%) | 0.53% | 0.00% | 0.19% | 0.00% | 0.00% | 0.07% | 0.11% | 0.10% |
| ▁▁▄▆████ | Tang. Book Value ($M) | $47 | $47 | $49 | $51 | $53 | $53 | $52 | $53 |
| ▁▂▄▃▃▁▃█ | Gross Loans ($M) | $451 | $461 | $475 | $469 | $467 | $452 | $467 | $504 |
| ▁▁▅▄▇▅▅█ | Total Deposits ($M) | $508 | $511 | $530 | $523 | $536 | $528 | $528 | $544 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 18% |