Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.27 | 1.18% |
| Return on Equity (%) | ▲ | 14.74% | +1.42 | 13.32% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.00 | 3.92% |
| Efficiency Ratio (%) | ▲ | 51.77% | -7.56 | 59.33% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.59 | $1 |
| Cost of Funds (%) | ▼ | 1.59% | +0.05 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $345 | +29.01 | $316 |
| Gross Loans ($M) | ▲ | $256 | +28.57 | $227 |
| Loan Growth YoY (%) | ▲ | 86.09% | +6.99 | 79.09% |
| Total Deposits ($M) | ▲ | $294 | +9.83 | $284 |
| Shareholders Equity ($M) | ▲ | $35 | +6.89 | $29 |
| Tang. Book Value ($M) | ▲ | $35 | +6.86 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +7.47 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 86.09% | +6.99 | 79.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.09 | 0.04% |
| Allowance / Loans (%) | — | 1.05% | -0.03% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆█▅▆▂█ | Net Interest Margin (%) | 3.69% | 3.75% | 3.84% | 3.92% | 3.81% | 3.85% | 3.74% | 3.92% |
| ▅▄▁▂▃▄▄█ | Return on Assets (%) | 1.28% | 1.26% | 1.11% | 1.18% | 1.20% | 1.27% | 1.25% | 1.45% |
| ▅▅█▇▆▅▄▁ | Efficiency Ratio (%) | 57.2% | 57.9% | 61.6% | 59.3% | 58.2% | 56.8% | 55.6% | 51.8% |
| ▅▁▁▂▆█▁▃ | Cost of Funds (%) | 1.69% | 1.49% | 1.45% | 1.54% | 1.76% | 1.91% | 1.48% | 1.59% |
| ▁▃▃▃▃▁▁█ | NPA / Assets (%) | 0.00% | 0.05% | 0.04% | 0.04% | 0.04% | 0.01% | 0.01% | 0.13% |
| ▁████▃▃▁ | Net Charge-Off Ratio (%) | 0.00% | 0.07% | 0.06% | 0.06% | 0.06% | 0.02% | 0.02% | 0.00% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $26 | $26 | $27 | $28 | $30 | $32 | $33 | $35 |
| ▁▂▃▄▅▅▆█ | Gross Loans ($M) | $202 | $215 | $222 | $227 | $232 | $231 | $241 | $256 |
| ▁▂▅▅▆▃█▆ | Total Deposits ($M) | $253 | $263 | $290 | $284 | $294 | $274 | $314 | $294 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 4% |