Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.19 | 1.48% |
| Return on Equity (%) | ▲ | 18.44% | +3.50 | 14.94% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.48 | 3.83% |
| Efficiency Ratio (%) | ▲ | 51.28% | -2.94 | 54.23% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.93 | $2 |
| Cost of Funds (%) | ▲ | 2.66% | -0.23 | 2.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $527 | +122.66 | $404 |
| Gross Loans ($M) | ▲ | $455 | +134.62 | $320 |
| Loan Growth YoY (%) | ▲ | 94.88% | +6.99 | 87.90% |
| Total Deposits ($M) | ▲ | $474 | +113.56 | $361 |
| Shareholders Equity ($M) | ▲ | $48 | +8.28 | $40 |
| Tang. Book Value ($M) | ▲ | $48 | +8.28 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 94.88% | +6.99 | 87.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.12% | 0.05% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▆▆██ | Net Interest Margin (%) | 3.34% | 3.53% | 3.70% | 3.83% | 4.02% | 4.07% | 4.29% | 4.31% |
| ▁▂▅▇████ | Return on Assets (%) | 0.59% | 0.80% | 1.25% | 1.48% | 1.61% | 1.66% | 1.74% | 1.68% |
| █▆▃▂▂▁▁▁ | Efficiency Ratio (%) | 67.8% | 62.1% | 55.6% | 54.2% | 52.5% | 50.3% | 52.1% | 51.3% |
| █▅▅▃▂▁▁▁ | Cost of Funds (%) | 3.40% | 3.11% | 3.04% | 2.89% | 2.84% | 2.66% | 2.71% | 2.66% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $36 | $37 | $38 | $40 | $42 | $44 | $46 | $48 |
| ▁▂▃▃▅▇██ | Gross Loans ($M) | $244 | $291 | $315 | $320 | $359 | $417 | $433 | $455 |
| ▁▂▃▃▄▇▇█ | Total Deposits ($M) | $297 | $321 | $347 | $361 | $386 | $436 | $451 | $474 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 47% |
| C&I / Commercial | 53% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |