Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.68% | -0.14 | 0.82% |
| Return on Equity (%) | ▼ | 7.74% | -2.14 | 9.88% |
| Net Interest Margin (%) | ▼ | 4.44% | -0.10 | 4.53% |
| Efficiency Ratio (%) | ▼ | 74.32% | +6.78 | 67.55% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.10 | $1 |
| Cost of Funds (%) | ▲ | 2.34% | -0.15 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $253 | +57.57 | $196 |
| Gross Loans ($M) | ▲ | $191 | +40.21 | $151 |
| Loan Growth YoY (%) | ▼ | 89.07% | -1.88 | 90.96% |
| Total Deposits ($M) | ▲ | $213 | +48.42 | $165 |
| Shareholders Equity ($M) | ▲ | $23 | +6.05 | $17 |
| Tang. Book Value ($M) | ▲ | $23 | +6.05 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +6.06 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 89.07% | -1.88 | 90.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.15% | +0.15 | 0.00% |
| Allowance / Loans (%) | — | 0.88% | -0.12% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.20 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.05% | +0.31 | 10.74% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂█████▇ | Net Interest Margin (%) | 3.49% | 3.74% | 4.58% | 4.53% | 4.62% | 4.58% | 4.66% | 4.44% |
| ▁▂█▆▆▇▇▅ | Return on Assets (%) | 0.29% | 0.41% | 1.00% | 0.82% | 0.81% | 0.82% | 0.87% | 0.68% |
| █▇▁▁▁▂▂▄ | Efficiency Ratio (%) | 84.5% | 80.1% | 65.6% | 67.5% | 67.4% | 68.9% | 69.8% | 74.3% |
| ██▃▄▄▁▁▁ | Cost of Funds (%) | 2.71% | 2.73% | 2.46% | 2.49% | 2.49% | 2.35% | 2.38% | 2.34% |
| ▁▁▂▁▂█▁▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.06% | 0.00% | 0.05% | 0.26% | 0.00% | 0.15% |
| ▁▁▂▁▂█▁▆ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.07% | 0.00% | 0.06% | 0.32% | 0.00% | 0.20% |
| ▁▁▃▄▄▆██ | Tang. Book Value ($M) | $13 | $13 | $16 | $17 | $18 | $20 | $21 | $23 |
| ▁▂▂▄▅███ | Gross Loans ($M) | $121 | $133 | $136 | $151 | $162 | $191 | $191 | $191 |
| ▁▂▂▃▅▅██ | Total Deposits ($M) | $141 | $156 | $158 | $165 | $181 | $186 | $206 | $213 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 24% |