Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.14 | 0.82% |
| Return on Equity (%) | ▲ | 11.98% | +1.06 | 10.92% |
| Net Interest Margin (%) | ▲ | 3.61% | +0.35 | 3.26% |
| Efficiency Ratio (%) | ▲ | 61.40% | -1.71 | 63.11% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.09 | $2 |
| Cost of Funds (%) | ▲ | 1.20% | -0.13 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $605 | +24.83 | $580 |
| Gross Loans ($M) | ▲ | $296 | +43.03 | $253 |
| Loan Growth YoY (%) | ▲ | 52.65% | +6.14 | 46.50% |
| Total Deposits ($M) | ▲ | $553 | +18.19 | $535 |
| Shareholders Equity ($M) | ▲ | $48 | +5.57 | $42 |
| Tang. Book Value ($M) | ▲ | $48 | +5.57 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $60 | +7.73 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 52.65% | +6.14 | 46.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.53% | -0.03% | 1.56% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.65% | -0.77 | 15.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅██ | Net Interest Margin (%) | 3.15% | 3.16% | 3.11% | 3.26% | 3.34% | 3.39% | 3.64% | 3.61% |
| ▁▁▁▄▅▅██ | Return on Assets (%) | 0.73% | 0.73% | 0.71% | 0.82% | 0.87% | 0.88% | 0.99% | 0.96% |
| ███▃▂▁▁▁ | Efficiency Ratio (%) | 68.8% | 68.9% | 67.9% | 63.1% | 62.2% | 61.0% | 61.9% | 61.4% |
| ██▆█▇▃▁▂ | Cost of Funds (%) | 1.32% | 1.34% | 1.29% | 1.33% | 1.31% | 1.22% | 1.17% | 1.20% |
| ▁▁▁▁▁██▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.00% |
| ▁▁▁▁▁██▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | 0.00% |
| ▁▁▃▁▅▇██ | Tang. Book Value ($M) | $42 | $42 | $43 | $42 | $45 | $47 | $48 | $48 |
| ▁▁▁▂▄▆▅█ | Gross Loans ($M) | $242 | $248 | $245 | $253 | $264 | $276 | $274 | $296 |
| ▁▄▇▇▆█▆█ | Total Deposits ($M) | $455 | $492 | $529 | $535 | $528 | $542 | $526 | $553 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 13% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 6% |