Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.51 | 0.76% |
| Return on Equity (%) | ▲ | 12.26% | +3.71 | 8.55% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.80 | 3.03% |
| Efficiency Ratio (%) | ▲ | 49.53% | -6.42 | 55.95% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.72% | -0.31 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $602 | -66.74 | $669 |
| Gross Loans ($M) | ▲ | $506 | +86.84 | $419 |
| Loan Growth YoY (%) | ▲ | 97.33% | +26.34 | 70.99% |
| Total Deposits ($M) | ▼ | $509 | -68.79 | $578 |
| Shareholders Equity ($M) | ▲ | $68 | +8.23 | $60 |
| Tang. Book Value ($M) | ▲ | $68 | +8.23 | $60 |
| Loan / Deposit Ratio (%) | ▲ | 97.33% | +26.34 | 70.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 2.06% | -0.05% | 2.11% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.70% | -0.73 | 14.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▁▁▂▃██ | Net Interest Margin (%) | 3.50% | 3.32% | 2.98% | 3.03% | 3.13% | 3.22% | 3.79% | 3.83% |
| █▇▁▁▂▂▇█ | Return on Assets (%) | 1.25% | 1.15% | 0.77% | 0.76% | 0.87% | 0.87% | 1.19% | 1.26% |
| ▆▆█▆▄▃▁▁ | Efficiency Ratio (%) | 55.3% | 55.4% | 58.2% | 56.0% | 52.9% | 52.7% | 49.8% | 49.5% |
| ▆▁█▇▃▆▆▁ | Cost of Funds (%) | 1.95% | 1.77% | 2.09% | 2.03% | 1.86% | 1.99% | 1.99% | 1.72% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▃▅▆██ | Tang. Book Value ($M) | $55 | $57 | $58 | $60 | $62 | $64 | $66 | $68 |
| ▁▁▁▂▃▆▇█ | Gross Loans ($M) | $393 | $397 | $393 | $419 | $423 | $474 | $482 | $506 |
| ▁▅▅▅█▆▃▃ | Total Deposits ($M) | $405 | $558 | $564 | $578 | $707 | $617 | $482 | $509 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 16% |