Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.22 | 0.90% |
| Return on Equity (%) | ▲ | 15.86% | +0.39 | 15.47% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.25 | 3.98% |
| Efficiency Ratio (%) | ▲ | 62.55% | -4.97 | 67.52% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.51 | $2 |
| Cost of Funds (%) | ▲ | 0.82% | -0.07 | 0.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $483 | +24.82 | $459 |
| Gross Loans ($M) | ▲ | $344 | +22.02 | $322 |
| Loan Growth YoY (%) | ▲ | 76.18% | +1.34 | 74.84% |
| Total Deposits ($M) | ▲ | $446 | +20.92 | $425 |
| Shareholders Equity ($M) | ▲ | $34 | +6.71 | $28 |
| Tang. Book Value ($M) | ▲ | $34 | +6.71 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +7.40 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 76.18% | +1.34 | 74.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.07% | 0.00 | 0.07% |
| Allowance / Loans (%) | — | 1.17% | 0.04% | 1.13% |
| Net Charge-Off Ratio (%) | — | 0.09% | 0.00 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.21% | +0.28 | 11.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▆▆▇██ | Net Interest Margin (%) | 3.56% | 3.66% | 3.98% | 3.98% | 4.02% | 4.08% | 4.20% | 4.23% |
| ▁▃▅▄▅▅██ | Return on Assets (%) | 0.73% | 0.85% | 0.98% | 0.90% | 0.95% | 0.97% | 1.16% | 1.11% |
| █▅▅▅▄▁▁▁ | Efficiency Ratio (%) | 71.8% | 68.1% | 67.4% | 67.5% | 66.1% | 63.6% | 63.5% | 62.6% |
| █▄▁▃▄▂▁▁ | Cost of Funds (%) | 1.11% | 0.95% | 0.84% | 0.89% | 0.96% | 0.88% | 0.82% | 0.82% |
| ▃▁▁█▁███ | NPA / Assets (%) | 0.02% | 0.00% | 0.00% | 0.07% | 0.00% | 0.07% | 0.07% | 0.07% |
| ▃▁▁█▁███ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.00% | 0.09% | 0.00% | 0.10% | 0.10% | 0.09% |
| ▁▁▂▃▅▇▇█ | Tang. Book Value ($M) | $25 | $24 | $26 | $28 | $30 | $32 | $33 | $34 |
| ▁▂▃▄▅▆▆█ | Gross Loans ($M) | $303 | $312 | $317 | $322 | $325 | $329 | $331 | $344 |
| ▅▁▁▄▄▂▆█ | Total Deposits ($M) | $430 | $411 | $414 | $425 | $426 | $418 | $433 | $446 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 5% |