Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.40% | -0.12 | 1.52% |
| Return on Equity (%) | ▼ | 11.17% | -1.68 | 12.85% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.15 | 4.28% |
| Efficiency Ratio (%) | ▼ | 61.82% | +4.20 | 57.63% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.00% | +0.08 | 0.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $202 | +2.93 | $199 |
| Gross Loans ($M) | ▲ | $129 | +7.38 | $122 |
| Loan Growth YoY (%) | ▲ | 72.89% | +4.04 | 68.85% |
| Total Deposits ($M) | ▲ | $175 | +0.48 | $175 |
| Shareholders Equity ($M) | ▲ | $26 | +2.50 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +2.50 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.20 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 72.89% | +4.04 | 68.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.26% | -0.06 | 0.32% |
| Allowance / Loans (%) | — | 1.18% | -0.09% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.34 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇█▆█ | Net Interest Margin (%) | 3.95% | 4.00% | 4.13% | 4.28% | 4.34% | 4.40% | 4.31% | 4.43% |
| ▁▁▇███▄▅ | Return on Assets (%) | 1.25% | 1.28% | 1.46% | 1.52% | 1.52% | 1.52% | 1.36% | 1.40% |
| ██▂▁▁▂█▇ | Efficiency Ratio (%) | 62.3% | 62.2% | 58.3% | 57.6% | 58.2% | 58.7% | 62.6% | 61.8% |
| ▇█▂▁▁▂▁▄ | Cost of Funds (%) | 1.07% | 1.12% | 0.96% | 0.91% | 0.92% | 0.95% | 0.93% | 1.00% |
| ▁▁▁▆█▅▃▄ | NPA / Assets (%) | 0.16% | 0.16% | 0.17% | 0.32% | 0.41% | 0.30% | 0.24% | 0.26% |
| ▂▂▃▆█▂▁▁ | Net Charge-Off Ratio (%) | 0.27% | 0.26% | 0.29% | 0.53% | 0.66% | 0.26% | 0.16% | 0.19% |
| ▁▁▃▂▅▅▇█ | Tang. Book Value ($M) | $23 | $23 | $24 | $23 | $25 | $25 | $25 | $26 |
| ▁▁▁▃▄▄▇█ | Gross Loans ($M) | $119 | $120 | $120 | $122 | $123 | $123 | $127 | $129 |
| ▁▁▄▄▃▂█▅ | Total Deposits ($M) | $172 | $172 | $175 | $175 | $174 | $173 | $178 | $175 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 4% |