Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.53% | +0.02 | 0.51% |
| Return on Equity (%) | ▲ | 4.65% | +0.66 | 3.99% |
| Net Interest Margin (%) | ▼ | 3.47% | -0.54 | 4.01% |
| Efficiency Ratio (%) | ▲ | 75.56% | -2.77 | 78.32% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $0 |
| Cost of Funds (%) | ▼ | 2.17% | +0.02 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $298 | +39.00 | $259 |
| Gross Loans ($M) | ▲ | $174 | +3.72 | $170 |
| Loan Growth YoY (%) | ▼ | 65.07% | -8.53 | 73.60% |
| Total Deposits ($M) | ▲ | $263 | +35.54 | $227 |
| Shareholders Equity ($M) | ▲ | $35 | +3.40 | $31 |
| Tang. Book Value ($M) | ▲ | $31 | +3.76 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.63 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 65.07% | -8.53 | 73.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.79 | 0.79% |
| Allowance / Loans (%) | — | 1.62% | -0.05% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -1.21 | 1.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -14.57 | 14.57% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃██▇█▁▂ | Net Interest Margin (%) | 3.54% | 3.62% | 4.10% | 4.01% | 3.93% | 4.02% | 3.38% | 3.47% |
| ▁▁▆▁▁█▁▂ | Return on Assets (%) | 0.52% | 0.51% | 0.58% | 0.51% | 0.52% | 0.61% | 0.52% | 0.53% |
| ▁▁▅██▁▅▄ | Efficiency Ratio (%) | 73.1% | 73.3% | 76.2% | 78.3% | 77.8% | 73.7% | 75.8% | 75.6% |
| ▅█▁▁▃▄▁▁ | Cost of Funds (%) | 2.41% | 2.65% | 2.12% | 2.15% | 2.26% | 2.33% | 2.17% | 2.17% |
| ▇██▇▇▁▁▁ | NPA / Assets (%) | 0.79% | 0.91% | 0.87% | 0.79% | 0.74% | 0.00% | 0.00% | 0.00% |
| ███▇▇▁▁▁ | Net Charge-Off Ratio (%) | 1.38% | 1.34% | 1.33% | 1.21% | 1.19% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁▄▆▇█ | Tang. Book Value ($M) | $27 | $27 | $27 | $27 | $28 | $30 | $30 | $31 |
| ▃▃▁▇████ | Gross Loans ($M) | $162 | $161 | $156 | $170 | $171 | $173 | $173 | $174 |
| ▄▁▁▄▅███ | Total Deposits ($M) | $228 | $199 | $207 | $227 | $243 | $262 | $269 | $263 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 16% |