Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.52% | +0.08 | 0.44% |
| Return on Equity (%) | ▲ | 6.61% | +0.80 | 5.81% |
| Net Interest Margin (%) | ▲ | 3.09% | +0.29 | 2.80% |
| Efficiency Ratio (%) | ▲ | 75.70% | -2.18 | 77.89% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 2.22% | -0.16 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $444 | +18.15 | $425 |
| Gross Loans ($M) | ▲ | $364 | +16.92 | $347 |
| Loan Growth YoY (%) | ▼ | 96.57% | -3.26 | 99.83% |
| Total Deposits ($M) | ▲ | $373 | +28.96 | $344 |
| Shareholders Equity ($M) | ▲ | $34 | +2.03 | $32 |
| Tang. Book Value ($M) | ▲ | $34 | +2.03 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 96.57% | -3.26 | 99.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.18 | 0.02% |
| Allowance / Loans (%) | — | 0.91% | 0.01% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.22 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.88% | -0.03 | 11.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▆██ | Net Interest Margin (%) | 2.69% | 2.70% | 2.77% | 2.80% | 2.87% | 2.95% | 3.08% | 3.09% |
| ▁▃▄▂▄███ | Return on Assets (%) | 0.42% | 0.45% | 0.47% | 0.44% | 0.46% | 0.51% | 0.52% | 0.52% |
| █▅▂▆▄▁▁▁ | Efficiency Ratio (%) | 78.9% | 77.7% | 76.3% | 77.9% | 77.2% | 76.0% | 75.9% | 75.7% |
| ██▆▄█▂▃▁ | Cost of Funds (%) | 2.54% | 2.53% | 2.45% | 2.38% | 2.53% | 2.29% | 2.32% | 2.22% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.04% | 0.03% | 0.03% | 0.02% | 0.03% | 0.21% | 0.21% | 0.20% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.04% | 0.02% | 0.03% | 0.26% | 0.25% | 0.24% |
| ▁▁▁▅▆▇██ | Tang. Book Value ($M) | $30 | $30 | $30 | $32 | $33 | $33 | $34 | $34 |
| ▁▃▄▅▆▇▇█ | Gross Loans ($M) | $320 | $336 | $341 | $347 | $350 | $353 | $355 | $364 |
| ▁▂▂▅▇▇▇█ | Total Deposits ($M) | $298 | $312 | $315 | $344 | $363 | $363 | $357 | $373 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 21% |