Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.14 | 0.82% |
| Return on Equity (%) | ▲ | 11.28% | +0.57 | 10.71% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.24 | 3.14% |
| Efficiency Ratio (%) | ▲ | 66.19% | -3.71 | 69.90% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $1 |
| Cost of Funds (%) | ▲ | 0.89% | -0.13 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $265 | +18.83 | $246 |
| Gross Loans ($M) | ▼ | $126 | -2.59 | $128 |
| Loan Growth YoY (%) | ▼ | 51.35% | -4.76 | 56.11% |
| Total Deposits ($M) | ▲ | $242 | +15.90 | $226 |
| Shareholders Equity ($M) | ▲ | $23 | +2.73 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.73 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +3.26 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 51.35% | -4.76 | 56.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 1.05% | 0.01% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.01% | +0.52 | 20.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▅▇█ | Net Interest Margin (%) | 2.86% | 2.90% | 3.05% | 3.14% | 3.14% | 3.18% | 3.27% | 3.38% |
| ▁▂▃▅▅▅▆█ | Return on Assets (%) | 0.66% | 0.72% | 0.75% | 0.82% | 0.85% | 0.84% | 0.85% | 0.96% |
| █▇▇▄▃▄▄▁ | Efficiency Ratio (%) | 73.6% | 72.3% | 72.0% | 69.9% | 68.7% | 69.1% | 69.4% | 66.2% |
| ▄█▆▄▂▆▂▁ | Cost of Funds (%) | 1.03% | 1.22% | 1.10% | 1.02% | 0.96% | 1.10% | 0.95% | 0.89% |
| ▁▂▁█▁▁▃▁ | NPA / Assets (%) | 0.00% | 0.01% | 0.00% | 0.03% | 0.00% | 0.00% | 0.01% | 0.00% |
| ▁▂▁█▁▁▃▁ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.00% | 0.06% | 0.00% | 0.00% | 0.02% | 0.00% |
| ▄▁▃▄▇█▇█ | Tang. Book Value ($M) | $19 | $17 | $19 | $19 | $21 | $21 | $21 | $22 |
| ▄▇▄██▁▃▂ | Gross Loans ($M) | $127 | $128 | $126 | $128 | $128 | $125 | $126 | $126 |
| █▇▁▂█▆▄▇ | Total Deposits ($M) | $246 | $242 | $222 | $226 | $245 | $237 | $234 | $242 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 1% |
| Consumer | 3% |
| Other | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 6% |