Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.07 | 0.61% |
| Return on Equity (%) | ▼ | 3.50% | -0.64 | 4.14% |
| Net Interest Margin (%) | ▲ | 2.67% | +0.32 | 2.35% |
| Efficiency Ratio (%) | ▼ | 78.92% | +1.83 | 77.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.45% | -0.18 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $471 | +3.32 | $467 |
| Gross Loans ($M) | ▲ | $258 | +9.65 | $249 |
| Loan Growth YoY (%) | ▲ | 68.80% | +0.44 | 68.36% |
| Total Deposits ($M) | ▲ | $372 | +11.59 | $360 |
| Shareholders Equity ($M) | ▲ | $72 | +2.67 | $69 |
| Tang. Book Value ($M) | ▲ | $72 | +2.67 | $69 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +2.30 | $79 |
| Loan / Deposit Ratio (%) | ▲ | 68.80% | +0.44 | 68.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.02 | 0.10% |
| Allowance / Loans (%) | — | 0.90% | 0.01% | 0.89% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.02 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▄▅▇█ | Net Interest Margin (%) | 2.19% | 2.20% | 2.31% | 2.35% | 2.40% | 2.45% | 2.60% | 2.67% |
| ▁▃▇█▇█▂▄ | Return on Assets (%) | 0.47% | 0.51% | 0.59% | 0.61% | 0.60% | 0.62% | 0.50% | 0.53% |
| ▆▃▁▄▂▁█▆ | Efficiency Ratio (%) | 78.8% | 76.5% | 75.0% | 77.1% | 75.4% | 74.3% | 80.5% | 78.9% |
| ██▆▇█▆▄▁ | Cost of Funds (%) | 1.65% | 1.67% | 1.59% | 1.63% | 1.65% | 1.60% | 1.53% | 1.45% |
| ▁▁▁██▇▇▇ | NPA / Assets (%) | 0.03% | 0.03% | 0.02% | 0.10% | 0.09% | 0.09% | 0.09% | 0.09% |
| ▆▅▄█▃▁▁▂ | Net Charge-Off Ratio (%) | 0.05% | 0.05% | 0.05% | 0.06% | 0.04% | 0.04% | 0.04% | 0.04% |
| ▄▁▃▅▆███ | Tang. Book Value ($M) | $68 | $66 | $68 | $69 | $70 | $71 | $71 | $72 |
| ▁▁▃▅▇▇▇█ | Gross Loans ($M) | $240 | $239 | $246 | $249 | $254 | $254 | $254 | $258 |
| █▆▁▁▂▁▄▇ | Total Deposits ($M) | $374 | $369 | $361 | $360 | $363 | $359 | $365 | $372 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 1% |
| Consumer | 10% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |