Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.21% | +0.34 | 1.87% |
| Return on Equity (%) | ▲ | 20.48% | +3.38 | 17.10% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.16 | 4.10% |
| Efficiency Ratio (%) | ▲ | 33.60% | -6.32 | 39.92% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.15 | $3 |
| Cost of Funds (%) | ▼ | 1.57% | +0.05 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $628 | +83.96 | $544 |
| Gross Loans ($M) | ▲ | $537 | +74.94 | $462 |
| Loan Growth YoY (%) | ▼ | 96.52% | -1.27 | 97.79% |
| Total Deposits ($M) | ▲ | $551 | +83.09 | $468 |
| Shareholders Equity ($M) | ▲ | $70 | +10.44 | $59 |
| Tang. Book Value ($M) | ▲ | $70 | +10.44 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +10.32 | $61 |
| Loan / Deposit Ratio (%) | ▼ | 96.52% | -1.27 | 97.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.94% | -0.00% | 0.95% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.14% | +0.06 | 13.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▇███ | Net Interest Margin (%) | 3.91% | 3.95% | 4.03% | 4.10% | 4.20% | 4.23% | 4.23% | 4.26% |
| ▁▁▅▅▆▆██ | Return on Assets (%) | 1.36% | 1.45% | 1.86% | 1.87% | 1.93% | 1.99% | 2.17% | 2.21% |
| ██▄▃▃▂▁▁ | Efficiency Ratio (%) | 52.0% | 50.5% | 41.1% | 39.9% | 38.3% | 37.1% | 35.2% | 33.6% |
| █▇▃▁▁▂▁▂ | Cost of Funds (%) | 1.75% | 1.70% | 1.60% | 1.52% | 1.54% | 1.58% | 1.53% | 1.57% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $54 | $55 | $58 | $59 | $63 | $65 | $66 | $70 |
| ▁▂▂▄▆███ | Gross Loans ($M) | $404 | $433 | $435 | $462 | $496 | $522 | $531 | $537 |
| ▁▂▃▃▅▇██ | Total Deposits ($M) | $424 | $441 | $457 | $468 | $498 | $534 | $550 | $551 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 18% |