Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.14 | 0.85% |
| Return on Equity (%) | ▲ | 11.14% | +0.51 | 10.63% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.38 | 3.90% |
| Efficiency Ratio (%) | ▲ | 68.49% | -0.75 | 69.25% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.30 | $2 |
| Cost of Funds (%) | ▲ | 1.19% | -0.18 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $740 | +58.12 | $681 |
| Gross Loans ($M) | ▲ | $557 | +44.63 | $512 |
| Loan Growth YoY (%) | ▼ | 83.32% | -0.99 | 84.31% |
| Total Deposits ($M) | ▲ | $660 | +60.23 | $600 |
| Shareholders Equity ($M) | ▲ | $67 | +12.88 | $54 |
| Tang. Book Value ($M) | ▲ | $66 | +12.88 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +12.20 | $57 |
| Loan / Deposit Ratio (%) | ▼ | 83.32% | -0.99 | 84.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.07 | 0.00% |
| Allowance / Loans (%) | — | 1.18% | -0.02% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.09% | +0.09 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.95% | +1.29 | 11.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▇▇██ | Net Interest Margin (%) | 3.32% | 3.44% | 3.84% | 3.90% | 4.07% | 4.16% | 4.28% | 4.28% |
| ▁▁▆▆▇███ | Return on Assets (%) | 0.55% | 0.49% | 0.82% | 0.85% | 0.94% | 1.01% | 0.96% | 0.99% |
| █▇▃▂▁▁▂▂ | Efficiency Ratio (%) | 83.3% | 80.6% | 71.5% | 69.2% | 67.5% | 66.2% | 69.8% | 68.5% |
| █▅▃▃▄▃▁▁ | Cost of Funds (%) | 1.73% | 1.50% | 1.35% | 1.37% | 1.44% | 1.32% | 1.20% | 1.19% |
| ▁▁▁▁▁█▃▃ | NPA / Assets (%) | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.19% | 0.07% | 0.07% |
| ▁▁▁▁▁█▃▃ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.02% | 0.00% | 0.00% | 0.25% | 0.09% | 0.09% |
| ▁▁▂▂▄▅▆█ | Tang. Book Value ($M) | $51 | $50 | $52 | $53 | $56 | $59 | $60 | $66 |
| ▁▁▁▅▅▆▇█ | Gross Loans ($M) | $466 | $467 | $474 | $512 | $512 | $524 | $540 | $557 |
| ▁▃▁▃▄▄▅█ | Total Deposits ($M) | $568 | $592 | $580 | $600 | $606 | $610 | $624 | $660 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 22% |
| Consumer | 1% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 5% |