Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.67% | -0.12 | 0.78% |
| Return on Equity (%) | ▼ | 8.60% | -0.48 | 9.08% |
| Net Interest Margin (%) | ▼ | 3.20% | -0.16 | 3.36% |
| Efficiency Ratio (%) | ▼ | 69.45% | +4.01 | 65.44% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.29 | $2 |
| Cost of Funds (%) | ▼ | 1.67% | +0.28 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $793 | +184.18 | $609 |
| Gross Loans ($M) | ▲ | $405 | +44.34 | $361 |
| Loan Growth YoY (%) | ▼ | 56.79% | -8.03 | 64.82% |
| Total Deposits ($M) | ▲ | $705 | +155.08 | $550 |
| Shareholders Equity ($M) | ▲ | $61 | +5.37 | $55 |
| Tang. Book Value ($M) | ▲ | $60 | +5.36 | $55 |
| TBV excl. AOCI ($M)** | ▲ | $75 | +10.00 | $65 |
| Loan / Deposit Ratio (%) | ▼ | 56.79% | -8.03 | 64.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.23% | -0.04% | 1.27% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.82% | -0.35 | 14.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▇██▆▃▄ | Net Interest Margin (%) | 3.10% | 3.15% | 3.31% | 3.36% | 3.33% | 3.28% | 3.17% | 3.20% |
| ▅▆█▇▆▄▁▂ | Return on Assets (%) | 0.74% | 0.77% | 0.82% | 0.78% | 0.76% | 0.72% | 0.63% | 0.67% |
| ▄▃▁▂▄▅█▇ | Efficiency Ratio (%) | 67.0% | 65.8% | 63.9% | 65.4% | 66.7% | 67.5% | 70.8% | 69.4% |
| █▁▁▂▁▅▇█ | Cost of Funds (%) | 1.71% | 1.36% | 1.32% | 1.39% | 1.33% | 1.55% | 1.64% | 1.67% |
| ▁▁▁▁▁█▃▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.01% | 0.00% |
| ▁▁▁▁▁█▃▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.02% | 0.00% |
| ▁▁▃▄▆▇██ | Tang. Book Value ($M) | $52 | $50 | $53 | $55 | $57 | $59 | $60 | $60 |
| ▁▃▃▄▅███ | Gross Loans ($M) | $324 | $350 | $351 | $361 | $374 | $398 | $398 | $405 |
| ▁▁▂▁▄▇▇█ | Total Deposits ($M) | $539 | $548 | $579 | $550 | $618 | $666 | $670 | $705 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 8% |