Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.05 | 0.92% |
| Return on Equity (%) | ▲ | 4.18% | +0.29 | 3.89% |
| Net Interest Margin (%) | ▼ | 3.34% | -0.56 | 3.90% |
| Efficiency Ratio (%) | ▲ | 52.97% | -6.76 | 59.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▼ | 2.47% | +0.02 | 2.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $306 | +72.45 | $233 |
| Gross Loans ($M) | ▲ | $239 | +49.89 | $189 |
| Loan Growth YoY (%) | ▼ | 100.42% | -13.05 | 113.47% |
| Total Deposits ($M) | ▲ | $235 | +70.52 | $164 |
| Shareholders Equity ($M) | ▲ | $70 | +2.88 | $67 |
| Tang. Book Value ($M) | ▲ | $70 | +2.88 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 100.42% | -13.05 | 113.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.19% | -0.04% | 1.23% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▆██▇▁▁ | Net Interest Margin (%) | 3.39% | 3.34% | 3.71% | 3.90% | 3.91% | 3.80% | 3.29% | 3.34% |
| ▁▁▄██▇██ | Return on Assets (%) | 0.22% | 0.29% | 0.51% | 0.92% | 0.94% | 0.87% | 0.92% | 0.97% |
| ██▆▃▃▂▁▁ | Efficiency Ratio (%) | 72.7% | 74.8% | 67.8% | 59.7% | 58.7% | 57.8% | 54.9% | 53.0% |
| ▇█▂▂▁▁▁▂ | Cost of Funds (%) | 3.20% | 3.35% | 2.49% | 2.45% | 2.34% | 2.31% | 2.42% | 2.47% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁██████ | Tang. Book Value ($M) | $29 | $30 | $66 | $67 | $68 | $68 | $69 | $70 |
| ▁▁▃▂▃▆▆█ | Gross Loans ($M) | $173 | $175 | $191 | $189 | $193 | $219 | $216 | $239 |
| ▃▃▂▁▂▆██ | Total Deposits ($M) | $184 | $182 | $176 | $164 | $179 | $217 | $236 | $235 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 43% |