Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.63 | 0.62% |
| Return on Equity (%) | ▲ | 10.71% | +4.87 | 5.84% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.58 | 3.56% |
| Efficiency Ratio (%) | ▲ | 54.76% | -17.33 | 72.09% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.00 | $1 |
| Cost of Funds (%) | ▲ | 1.73% | -0.48 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $460 | +51.95 | $408 |
| Gross Loans ($M) | ▲ | $346 | +46.24 | $300 |
| Loan Growth YoY (%) | ▲ | 87.76% | +3.23 | 84.53% |
| Total Deposits ($M) | ▲ | $389 | +39.22 | $350 |
| Shareholders Equity ($M) | ▲ | $55 | +12.62 | $42 |
| Tang. Book Value ($M) | ▲ | $55 | +12.62 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 87.76% | +3.23 | 84.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.40% | -0.04% | 1.44% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.29% | +2.90 | 11.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅██ | Net Interest Margin (%) | 3.24% | 3.35% | 3.50% | 3.56% | 3.67% | 3.74% | 4.16% | 4.14% |
| ▁▁▄▄▅▅██ | Return on Assets (%) | 0.07% | -0.02% | 0.50% | 0.62% | 0.70% | 0.78% | 1.26% | 1.25% |
| ███▇▆▅▁▁ | Efficiency Ratio (%) | 76.6% | 75.2% | 75.4% | 72.1% | 69.6% | 67.4% | 56.0% | 54.8% |
| █▆▅▆▇▄▃▁ | Cost of Funds (%) | 2.40% | 2.20% | 2.09% | 2.21% | 2.24% | 1.99% | 1.91% | 1.73% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▂▂██ | Tang. Book Value ($M) | $41 | $41 | $41 | $42 | $43 | $44 | $56 | $55 |
| ▁▂▂▃▄▇██ | Gross Loans ($M) | $275 | $290 | $290 | $300 | $311 | $335 | $342 | $346 |
| ▁▁▅▅▄▇▇█ | Total Deposits ($M) | $299 | $303 | $345 | $350 | $342 | $370 | $367 | $389 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 9% |