Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.15 | 1.18% |
| Return on Equity (%) | ▲ | 10.36% | +1.72 | 8.64% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.06 | 4.21% |
| Efficiency Ratio (%) | ▲ | 55.33% | -5.50 | 60.83% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.86 | $2 |
| Cost of Funds (%) | ▲ | 2.07% | -0.33 | 2.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $451 | +95.04 | $356 |
| Gross Loans ($M) | ▲ | $381 | +78.66 | $302 |
| Loan Growth YoY (%) | ▼ | 97.12% | -2.84 | 99.96% |
| Total Deposits ($M) | ▲ | $387 | +88.76 | $299 |
| Shareholders Equity ($M) | ▲ | $57 | +5.97 | $51 |
| Tang. Book Value ($M) | ▲ | $57 | +5.97 | $51 |
| Loan / Deposit Ratio (%) | ▼ | 97.12% | -2.84 | 99.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.25% | -0.01% | 1.26% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.11% | -1.62 | 15.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇▇█▆█ | Net Interest Margin (%) | 4.02% | 4.08% | 4.10% | 4.21% | 4.22% | 4.26% | 4.18% | 4.26% |
| ▁▃▆▆▆▆▆█ | Return on Assets (%) | 0.89% | 1.01% | 1.21% | 1.18% | 1.20% | 1.20% | 1.21% | 1.34% |
| █▇▅▆▄▄▅▁ | Efficiency Ratio (%) | 64.0% | 62.4% | 60.1% | 60.8% | 59.1% | 58.7% | 59.7% | 55.3% |
| █▇▄▃▁▃▁▁ | Cost of Funds (%) | 2.98% | 2.78% | 2.44% | 2.39% | 2.17% | 2.39% | 2.13% | 2.07% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $47 | $48 | $50 | $51 | $52 | $54 | $55 | $57 |
| ▂▁▁▂▄▅▇█ | Gross Loans ($M) | $302 | $288 | $297 | $302 | $327 | $339 | $358 | $381 |
| ▂▁▂▁▆▅▇█ | Total Deposits ($M) | $315 | $308 | $315 | $299 | $358 | $347 | $368 | $387 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 39% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 23% |