Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.76% | +0.15 | 1.61% |
| Return on Equity (%) | ▼ | 21.82% | -0.88 | 22.70% |
| Net Interest Margin (%) | ▲ | 5.13% | +0.36 | 4.77% |
| Efficiency Ratio (%) | ▲ | 62.52% | -5.08 | 67.60% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 0.59% | -0.07 | 0.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $120 | -3.09 | $123 |
| Gross Loans ($M) | ▲ | $88 | +9.67 | $78 |
| Loan Growth YoY (%) | ▲ | 79.35% | +11.25 | 68.10% |
| Total Deposits ($M) | ▼ | $110 | -4.23 | $114 |
| Shareholders Equity ($M) | ▲ | $10 | +1.09 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +1.10 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +1.01 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 79.35% | +11.25 | 68.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.86% | +0.02 | 0.84% |
| Allowance / Loans (%) | — | 1.37% | 0.12% | 1.25% |
| Net Charge-Off Ratio (%) | ▲ | 1.17% | -0.15 | 1.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.93% | -0.80 | 13.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▅▇▆█ | Net Interest Margin (%) | 4.72% | 4.75% | 4.77% | 4.77% | 4.97% | 5.03% | 5.02% | 5.13% |
| ▃▁▂▁▅▅█▄ | Return on Assets (%) | 1.70% | 1.63% | 1.65% | 1.61% | 1.78% | 1.78% | 1.91% | 1.76% |
| ▆███▆▅▁▁ | Efficiency Ratio (%) | 66.1% | 67.5% | 67.4% | 67.6% | 65.5% | 65.4% | 61.9% | 62.5% |
| ██▄▄▅▃▁▁ | Cost of Funds (%) | 0.76% | 0.74% | 0.66% | 0.66% | 0.68% | 0.64% | 0.58% | 0.59% |
| ▁██▇▁▁██ | NPA / Assets (%) | 0.00% | 0.98% | 0.90% | 0.84% | 0.00% | 0.08% | 0.86% | 0.86% |
| ▁███▁▁▇▇ | Net Charge-Off Ratio (%) | 0.00% | 1.46% | 1.41% | 1.32% | 0.00% | 0.12% | 1.21% | 1.17% |
| ▅▁▃▄▇███ | Tang. Book Value ($M) | $9 | $8 | $8 | $9 | $9 | $10 | $10 | $10 |
| ▁▂▂▄▃▅▇█ | Gross Loans ($M) | $72 | $76 | $75 | $78 | $78 | $81 | $85 | $88 |
| ▂▁▃█▆▅▅▅ | Total Deposits ($M) | $106 | $104 | $108 | $114 | $111 | $110 | $110 | $110 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 7% |