Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.25 | 0.78% |
| Return on Equity (%) | ▲ | 13.86% | +1.86 | 12.00% |
| Net Interest Margin (%) | ▲ | 3.53% | +0.45 | 3.08% |
| Efficiency Ratio (%) | ▲ | 63.13% | -4.80 | 67.93% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 0.15% | -0.07 | 0.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $154 | +7.44 | $146 |
| Gross Loans ($M) | ▲ | $64 | +3.98 | $60 |
| Loan Growth YoY (%) | ▲ | 44.57% | +1.04 | 43.53% |
| Total Deposits ($M) | ▲ | $142 | +5.73 | $136 |
| Shareholders Equity ($M) | ▲ | $12 | +1.67 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +1.67 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.92 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 44.57% | +1.04 | 43.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.25 | 0.08% |
| Allowance / Loans (%) | — | 0.64% | -0.02% | 0.66% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.60 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.30% | -0.24 | 23.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▇█ | Net Interest Margin (%) | 2.84% | 2.89% | 2.91% | 3.08% | 3.13% | 3.17% | 3.44% | 3.53% |
| ▁▁▁▄▄▅▆█ | Return on Assets (%) | 0.60% | 0.59% | 0.59% | 0.78% | 0.79% | 0.82% | 0.90% | 1.04% |
| ▇██▄▄▃▃▁ | Efficiency Ratio (%) | 72.7% | 73.9% | 74.9% | 67.9% | 67.8% | 67.3% | 66.4% | 63.1% |
| ▇█▇▆▆▄▁▁ | Cost of Funds (%) | 0.23% | 0.25% | 0.23% | 0.22% | 0.22% | 0.20% | 0.16% | 0.15% |
| ▁▅▁▁▅▄▄█ | NPA / Assets (%) | 0.05% | 0.19% | 0.05% | 0.08% | 0.19% | 0.15% | 0.18% | 0.33% |
| ▁▄▁▁▄▄▄█ | Net Charge-Off Ratio (%) | 0.12% | 0.43% | 0.11% | 0.19% | 0.45% | 0.37% | 0.42% | 0.79% |
| ▃▁▃▅▇▇██ | Tang. Book Value ($M) | $9 | $8 | $9 | $10 | $11 | $11 | $12 | $12 |
| ▁▁▁▂▄▇██ | Gross Loans ($M) | $59 | $58 | $59 | $60 | $60 | $63 | $64 | $64 |
| ▄▁▄▅▄▆▇█ | Total Deposits ($M) | $134 | $128 | $133 | $136 | $134 | $137 | $140 | $142 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 1% |