Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.20 | 0.70% |
| Return on Equity (%) | ▲ | 11.87% | +0.41 | 11.46% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.30 | 3.37% |
| Efficiency Ratio (%) | ▲ | 71.64% | -1.32 | 72.96% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.18% | -0.16 | 1.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $497 | +7.72 | $489 |
| Gross Loans ($M) | ▼ | $326 | -10.64 | $337 |
| Loan Growth YoY (%) | ▼ | 72.73% | -5.82 | 78.55% |
| Total Deposits ($M) | ▲ | $444 | +19.54 | $424 |
| Shareholders Equity ($M) | ▲ | $38 | +7.70 | $31 |
| Tang. Book Value ($M) | ▲ | $38 | +7.70 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +7.70 | $36 |
| Loan / Deposit Ratio (%) | ▼ | 72.73% | -5.82 | 78.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.09 | 0.08% |
| Allowance / Loans (%) | — | 1.05% | -0.02% | 1.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.25% | +0.14 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▅▆▇██ | Net Interest Margin (%) | 2.94% | 3.02% | 3.28% | 3.37% | 3.43% | 3.51% | 3.65% | 3.67% |
| ▁▁▃▄▆▇▇█ | Return on Assets (%) | 0.56% | 0.53% | 0.64% | 0.70% | 0.77% | 0.82% | 0.81% | 0.90% |
| ▇█▄▃▁▁▂▁ | Efficiency Ratio (%) | 76.7% | 78.1% | 74.4% | 73.0% | 71.2% | 70.8% | 71.9% | 71.6% |
| ██▆▆▃▂▁▁ | Cost of Funds (%) | 1.42% | 1.43% | 1.34% | 1.34% | 1.23% | 1.22% | 1.16% | 1.18% |
| ▁█▇▄▇▁██ | NPA / Assets (%) | 0.01% | 0.15% | 0.13% | 0.08% | 0.15% | 0.03% | 0.16% | 0.17% |
| ▁▇▆▄▇▁██ | Net Charge-Off Ratio (%) | 0.01% | 0.22% | 0.19% | 0.11% | 0.22% | 0.04% | 0.25% | 0.25% |
| ▃▁▂▃▅▇▇█ | Tang. Book Value ($M) | $31 | $28 | $30 | $31 | $34 | $37 | $37 | $38 |
| ▁▂▅██▅▅▃ | Gross Loans ($M) | $321 | $325 | $330 | $337 | $337 | $331 | $330 | $326 |
| ▄▁▇▃█▂▇▆ | Total Deposits ($M) | $433 | $411 | $452 | $424 | $459 | $422 | $448 | $444 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 6% |
| Consumer | 11% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 12% |