Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.37 | 0.93% |
| Return on Equity (%) | ▲ | 13.83% | +2.40 | 11.43% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.42 | 3.96% |
| Efficiency Ratio (%) | ▲ | 62.24% | -3.45 | 65.70% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.54 | $1 |
| Cost of Funds (%) | ▲ | 0.88% | -0.22 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $446 | +60.22 | $386 |
| Gross Loans ($M) | ▲ | $202 | +24.03 | $177 |
| Loan Growth YoY (%) | ▲ | 49.55% | +0.06 | 49.49% |
| Total Deposits ($M) | ▲ | $400 | +47.43 | $353 |
| Shareholders Equity ($M) | ▲ | $43 | +12.98 | $30 |
| Tang. Book Value ($M) | ▲ | $43 | +12.83 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +12.58 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 49.55% | +0.06 | 49.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.14 | 0.48% |
| Allowance / Loans (%) | — | 1.63% | -0.04% | 1.66% |
| Net Charge-Off Ratio (%) | ▲ | 0.74% | -0.30 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.96% | +3.99 | 16.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▃▆█▇█ | Net Interest Margin (%) | 3.88% | 3.92% | 3.79% | 3.96% | 4.19% | 4.33% | 4.30% | 4.39% |
| ▂▂▁▄▅▆▇█ | Return on Assets (%) | 0.75% | 0.77% | 0.65% | 0.93% | 1.04% | 1.12% | 1.20% | 1.29% |
| ██▆▃▂▁▁▁ | Efficiency Ratio (%) | 72.2% | 72.7% | 69.4% | 65.7% | 63.8% | 63.2% | 62.7% | 62.2% |
| █▆▃▄▂▁▁▂ | Cost of Funds (%) | 1.61% | 1.36% | 0.99% | 1.10% | 0.90% | 0.80% | 0.70% | 0.88% |
| ▁▃▂█▇▇▆▆ | NPA / Assets (%) | 0.00% | 0.16% | 0.11% | 0.48% | 0.41% | 0.36% | 0.33% | 0.34% |
| ▁▃▂██▇▆▆ | Net Charge-Off Ratio (%) | 0.00% | 0.26% | 0.25% | 1.04% | 0.93% | 0.79% | 0.75% | 0.74% |
| ▁▁▁▂▆▇██ | Tang. Book Value ($M) | $28 | $28 | $29 | $30 | $39 | $40 | $42 | $43 |
| ▁▂▂▃▆▇██ | Gross Loans ($M) | $168 | $172 | $176 | $177 | $191 | $197 | $203 | $202 |
| ▁▁▆▅█▇██ | Total Deposits ($M) | $258 | $256 | $369 | $353 | $398 | $388 | $414 | $400 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 11% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 59% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 3% |