Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.02 | 0.95% |
| Return on Equity (%) | ▲ | 7.72% | +0.33 | 7.39% |
| Net Interest Margin (%) | ▼ | 3.42% | -0.10 | 3.52% |
| Efficiency Ratio (%) | ▲ | 60.30% | -1.38 | 61.68% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.55 | $2 |
| Cost of Funds (%) | ▲ | 1.82% | -0.08 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $803 | +108.00 | $695 |
| Gross Loans ($M) | ▲ | $630 | +69.44 | $561 |
| Loan Growth YoY (%) | ▲ | 93.06% | +0.75 | 92.31% |
| Total Deposits ($M) | ▲ | $670 | +69.22 | $601 |
| Shareholders Equity ($M) | ▲ | $98 | +7.75 | $90 |
| Tang. Book Value ($M) | ▲ | $88 | +7.77 | $81 |
| Loan / Deposit Ratio (%) | ▲ | 93.06% | +0.75 | 92.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 0.98% | -0.03% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▂▆██▁▂ | Net Interest Margin (%) | 3.37% | 3.43% | 3.42% | 3.52% | 3.58% | 3.58% | 3.38% | 3.42% |
| ▁▂▇▆██▅▆ | Return on Assets (%) | 0.83% | 0.86% | 0.98% | 0.95% | 1.00% | 1.02% | 0.93% | 0.96% |
| ██▄▃▂▁▇▁ | Efficiency Ratio (%) | 65.4% | 65.0% | 62.0% | 61.7% | 60.6% | 59.9% | 64.3% | 60.3% |
| █▄▁▃▄▄▁▁ | Cost of Funds (%) | 2.14% | 1.95% | 1.84% | 1.90% | 1.96% | 1.95% | 1.81% | 1.82% |
| ▁▁▁▁███▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.11% | 0.10% | 0.11% | 0.01% |
| ▁▁▁▁███▁ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.13% | 0.13% | 0.14% | 0.02% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $74 | $75 | $77 | $81 | $83 | $85 | $86 | $88 |
| ▁▁▂▄▄▅▅█ | Gross Loans ($M) | $517 | $525 | $536 | $561 | $567 | $582 | $585 | $630 |
| ▁▁▄▄▃▄██ | Total Deposits ($M) | $568 | $558 | $602 | $601 | $600 | $602 | $661 | $670 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 14% |