Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.54% | +0.09 | 0.45% |
| Return on Equity (%) | ▲ | 5.21% | +0.21 | 5.00% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.53 | 3.89% |
| Efficiency Ratio (%) | ▲ | 83.26% | -1.02 | 84.28% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▼ | 0.63% | +0.02 | 0.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $118 | -1.59 | $120 |
| Gross Loans ($M) | ▲ | $61 | +6.17 | $55 |
| Loan Growth YoY (%) | ▲ | 57.67% | +7.22 | 50.45% |
| Total Deposits ($M) | ▼ | $105 | -2.82 | $108 |
| Shareholders Equity ($M) | ▲ | $13 | +1.26 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.26 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.00 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 57.67% | +7.22 | 50.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.17 | 0.00% |
| Allowance / Loans (%) | — | 0.84% | -0.10% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.33% | +0.32 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.34% | +0.07 | 20.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▁▁▂▆█ | Net Interest Margin (%) | 3.92% | 3.94% | 3.84% | 3.89% | 3.91% | 3.96% | 4.27% | 4.42% |
| ▃▄▁▃▅▆▆█ | Return on Assets (%) | 0.44% | 0.47% | 0.41% | 0.45% | 0.48% | 0.51% | 0.51% | 0.54% |
| ▃▁██▆▂▆▅ | Efficiency Ratio (%) | 82.7% | 81.7% | 84.2% | 84.3% | 83.4% | 82.3% | 83.5% | 83.3% |
| ▁▄▅█▇▇▇█ | Cost of Funds (%) | 0.39% | 0.48% | 0.53% | 0.61% | 0.58% | 0.57% | 0.59% | 0.63% |
| ▆▆▅▁▇▆▆█ | NPA / Assets (%) | 0.13% | 0.13% | 0.09% | 0.00% | 0.13% | 0.12% | 0.12% | 0.17% |
| ▇▇▅▁█▇▇█ | Net Charge-Off Ratio (%) | 0.26% | 0.27% | 0.19% | 0.00% | 0.30% | 0.25% | 0.26% | 0.33% |
| ▂▁▃▄▇█▇█ | Tang. Book Value ($M) | $11 | $10 | $11 | $11 | $12 | $12 | $12 | $13 |
| ▄▂▂▁▁▂▆█ | Gross Loans ($M) | $58 | $57 | $56 | $55 | $55 | $56 | $59 | $61 |
| ▂▅▇▄█▂▄▁ | Total Deposits ($M) | $107 | $109 | $111 | $108 | $112 | $107 | $108 | $105 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 8% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 6% |