Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.48 | 0.17% |
| Return on Equity (%) | ▲ | 6.69% | +5.13 | 1.56% |
| Net Interest Margin (%) | ▲ | 3.12% | +0.37 | 2.74% |
| Efficiency Ratio (%) | ▲ | 68.52% | -14.44 | 82.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.47 | $0 |
| Cost of Funds (%) | ▼ | 2.64% | +0.07 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $333 | +54.19 | $279 |
| Gross Loans ($M) | ▲ | $264 | +54.03 | $210 |
| Loan Growth YoY (%) | ▲ | 94.53% | +3.93 | 90.60% |
| Total Deposits ($M) | ▲ | $276 | +47.09 | $229 |
| Shareholders Equity ($M) | ▲ | $31 | +1.99 | $29 |
| Tang. Book Value ($M) | ▲ | $31 | +1.99 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +2.32 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 94.53% | +3.93 | 90.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.67 | 0.00% |
| Allowance / Loans (%) | — | 0.95% | 0.00% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.85% | +0.85 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▄▅██ | Net Interest Margin (%) | 2.45% | 2.53% | 2.80% | 2.74% | 2.77% | 2.89% | 3.16% | 3.12% |
| ▁▁▂▂▃▅██ | Return on Assets (%) | 0.05% | 0.11% | 0.20% | 0.17% | 0.27% | 0.38% | 0.63% | 0.64% |
| █▇▅▅▄▂▁▁ | Efficiency Ratio (%) | 95.3% | 90.9% | 85.2% | 83.0% | 79.3% | 74.0% | 70.3% | 68.5% |
| █▂▁▃▆█▄▄ | Cost of Funds (%) | 2.80% | 2.51% | 2.44% | 2.57% | 2.75% | 2.85% | 2.63% | 2.64% |
| ▁▁▁▁▁▁▄█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.29% | 0.67% |
| ▁▁▁▁▁▁▄█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.36% | 0.85% |
| ▁▁▁▄▅▆▇█ | Tang. Book Value ($M) | $27 | $27 | $27 | $29 | $29 | $30 | $30 | $31 |
| ▁▁▃▄▅▆██ | Gross Loans ($M) | $169 | $181 | $193 | $210 | $225 | $239 | $254 | $264 |
| ▁▁▂▄▆▅▇█ | Total Deposits ($M) | $193 | $197 | $204 | $229 | $255 | $244 | $261 | $276 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 20% |