Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.23 | 0.76% |
| Return on Equity (%) | ▲ | 12.18% | +2.05 | 10.13% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.50 | 3.78% |
| Efficiency Ratio (%) | ▲ | 69.07% | -5.14 | 74.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.29% | -0.14 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $286 | +10.52 | $276 |
| Gross Loans ($M) | ▲ | $227 | +28.55 | $198 |
| Loan Growth YoY (%) | ▲ | 87.81% | +9.99 | 77.81% |
| Total Deposits ($M) | ▲ | $257 | +3.58 | $253 |
| Shareholders Equity ($M) | ▲ | $24 | +3.09 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +3.22 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.64 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 87.81% | +9.99 | 77.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.47% | +0.36 | 0.12% |
| Allowance / Loans (%) | — | 0.65% | -0.04% | 0.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.44 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.97% | -0.28 | 13.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▅▅▆▆██ | Net Interest Margin (%) | 2.94% | 3.09% | 3.64% | 3.78% | 3.86% | 3.95% | 4.13% | 4.29% |
| ▁▃▄▅▇▇██ | Return on Assets (%) | 0.38% | 0.56% | 0.66% | 0.76% | 0.89% | 0.91% | 0.94% | 0.99% |
| █▆▄▃▁▁▁▁ | Efficiency Ratio (%) | 85.1% | 79.4% | 76.8% | 74.2% | 70.7% | 70.2% | 69.1% | 69.1% |
| █▅▄▄▅▃▁▂ | Cost of Funds (%) | 1.74% | 1.45% | 1.41% | 1.44% | 1.47% | 1.34% | 1.16% | 1.29% |
| ▃▄▆▁▁▁▁█ | NPA / Assets (%) | 0.21% | 0.28% | 0.33% | 0.12% | 0.10% | 0.13% | 0.10% | 0.47% |
| ▃▅▆▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.29% | 0.40% | 0.47% | 0.16% | 0.13% | 0.17% | 0.13% | 0.60% |
| ▁▄▅▆▇███ | Tang. Book Value ($M) | $12 | $17 | $18 | $19 | $20 | $21 | $21 | $22 |
| ▁▄▄▅▅▆▇█ | Gross Loans ($M) | $162 | $187 | $193 | $198 | $201 | $210 | $218 | $227 |
| ▁▄▅▅▆▅█▆ | Total Deposits ($M) | $217 | $245 | $249 | $253 | $257 | $255 | $279 | $257 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 4% |
| Consumer | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 13% |