Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.33% | -0.02 | 0.35% |
| Return on Equity (%) | ▼ | 2.70% | -0.15 | 2.85% |
| Net Interest Margin (%) | ▲ | 3.15% | +0.31 | 2.83% |
| Efficiency Ratio (%) | ▲ | 76.81% | -4.76 | 81.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $0 |
| Cost of Funds (%) | ▲ | 2.15% | -0.47 | 2.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $384 | +62.39 | $322 |
| Gross Loans ($M) | ▲ | $312 | +49.53 | $263 |
| Loan Growth YoY (%) | ▼ | 92.14% | -4.40 | 96.54% |
| Total Deposits ($M) | ▲ | $336 | +65.90 | $270 |
| Shareholders Equity ($M) | ▲ | $44 | +4.69 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +4.69 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +4.42 | $41 |
| Loan / Deposit Ratio (%) | ▼ | 92.14% | -4.40 | 96.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.19% | +0.19 | 0.00% |
| Allowance / Loans (%) | — | 0.99% | 0.07% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.13 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.83% | -1.57 | 15.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▅▆▇██ | Net Interest Margin (%) | 2.34% | 2.46% | 2.80% | 2.83% | 2.90% | 2.96% | 3.15% | 3.15% |
| ▁▂▃▃▃█▃▂ | Return on Assets (%) | 0.06% | 0.22% | 0.34% | 0.35% | 0.37% | 1.19% | 0.47% | 0.33% |
| █▆▄▃▃▂▁▁ | Efficiency Ratio (%) | 89.5% | 84.9% | 82.7% | 81.6% | 80.3% | 78.6% | 78.3% | 76.8% |
| █▆▄▄▄▃▂▁ | Cost of Funds (%) | 3.22% | 2.96% | 2.65% | 2.63% | 2.64% | 2.55% | 2.31% | 2.15% |
| ▁▁▁▁▁▄▅█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.10% | 0.19% |
| ▁▁▁▁▁▇██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.13% | 0.13% |
| ▁▁▂▂▃███ | Tang. Book Value ($M) | $39 | $38 | $39 | $40 | $40 | $44 | $44 | $44 |
| ▁▁▂▃▅▅▆█ | Gross Loans ($M) | $240 | $245 | $253 | $263 | $281 | $283 | $288 | $312 |
| ▁▁▂▃▄▄▆█ | Total Deposits ($M) | $246 | $256 | $267 | $270 | $284 | $288 | $303 | $336 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 22% |