Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.93% | -0.08 | 1.01% |
| Return on Equity (%) | ▼ | 10.74% | -2.75 | 13.49% |
| Net Interest Margin (%) | ▼ | 2.72% | -0.31 | 3.03% |
| Efficiency Ratio (%) | ▼ | 60.21% | +1.32 | 58.88% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.11 | $3 |
| Cost of Funds (%) | ▼ | 2.68% | +0.27 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $966 | +192.94 | $773 |
| Gross Loans ($M) | ▲ | $392 | +56.91 | $335 |
| Loan Growth YoY (%) | ▲ | 56.00% | +4.56 | 51.44% |
| Total Deposits ($M) | ▲ | $693 | +48.37 | $645 |
| Shareholders Equity ($M) | ▲ | $84 | +23.08 | $61 |
| Tang. Book Value ($M) | ▲ | $84 | +23.08 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $109 | +31.34 | $78 |
| Loan / Deposit Ratio (%) | ▲ | 56.00% | +4.56 | 51.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.92% | -0.02% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.69% | -0.89 | 17.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▇▆▆▁▁ | Net Interest Margin (%) | 3.09% | 3.06% | 2.98% | 3.03% | 2.99% | 2.98% | 2.75% | 2.72% |
| █▇▁▆▅▅▅▂ | Return on Assets (%) | 1.08% | 1.05% | 0.91% | 1.01% | 1.00% | 1.01% | 1.00% | 0.93% |
| ▁▅█▂▁▂▅▇ | Efficiency Ratio (%) | 58.8% | 59.8% | 60.7% | 58.9% | 58.6% | 59.0% | 59.7% | 60.2% |
| ▇█▃▂▄▃▁▇ | Cost of Funds (%) | 2.67% | 2.73% | 2.45% | 2.41% | 2.53% | 2.49% | 2.35% | 2.68% |
| ▆▆▁▁█▁▇▇ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▅▅▁▁█▁▇▇ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.00% | 0.00% | 0.01% | 0.00% | 0.01% | 0.01% |
| ▁▁▁▃▄█▇█ | Tang. Book Value ($M) | $51 | $52 | $52 | $61 | $65 | $80 | $76 | $84 |
| ▁▁▁▂▃▄▅█ | Gross Loans ($M) | $322 | $320 | $328 | $335 | $342 | $350 | $363 | $392 |
| ▁▂▃▄███▇ | Total Deposits ($M) | $570 | $589 | $625 | $645 | $707 | $714 | $721 | $693 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 23% |