Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.07% | +0.19 | 1.88% |
| Return on Equity (%) | ▼ | 22.80% | -0.13 | 22.93% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.19 | 3.69% |
| Efficiency Ratio (%) | ▲ | 47.17% | -0.68 | 47.85% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.05 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $291 | -10.00 | $301 |
| Gross Loans ($M) | ▼ | $201 | -4.15 | $205 |
| Loan Growth YoY (%) | ▲ | 75.46% | +1.91 | 73.56% |
| Total Deposits ($M) | ▼ | $262 | -12.56 | $275 |
| Shareholders Equity ($M) | ▲ | $28 | +2.94 | $25 |
| Tang. Book Value ($M) | ▲ | $28 | +2.94 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.96 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 75.46% | +1.91 | 73.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Allowance / Loans (%) | — | 1.61% | 0.08% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 0.17% | +0.17 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.32% | +1.13 | 12.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▆▇▇▆█ | Net Interest Margin (%) | 3.19% | 3.35% | 3.68% | 3.69% | 3.74% | 3.77% | 3.70% | 3.88% |
| ▁▃▅▅▆▇▇█ | Return on Assets (%) | 1.58% | 1.74% | 1.85% | 1.88% | 1.92% | 1.95% | 1.95% | 2.07% |
| █▄▄▂▁▁▂▁ | Efficiency Ratio (%) | 51.4% | 48.9% | 48.8% | 47.9% | 47.5% | 47.1% | 48.1% | 47.2% |
| █▆▄▃▄▂▁▂ | Cost of Funds (%) | 1.99% | 1.81% | 1.68% | 1.60% | 1.66% | 1.59% | 1.46% | 1.55% |
| ▁▁█▁▁▄▃▃ | NPA / Assets (%) | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.12% | 0.11% | 0.12% |
| ▁▁█▁▁▄▃▃ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.47% | 0.00% | 0.00% | 0.18% | 0.17% | 0.17% |
| ▁▁▁▁▄▅▅█ | Tang. Book Value ($M) | $25 | $25 | $25 | $25 | $26 | $26 | $26 | $28 |
| ▄▃▇█▃▁▆▆ | Gross Loans ($M) | $198 | $196 | $202 | $205 | $196 | $191 | $201 | $201 |
| █▆▃▅▃▁▆▁ | Total Deposits ($M) | $290 | $282 | $269 | $275 | $267 | $259 | $280 | $262 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 26% |