Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.65% | +0.27 | 0.38% |
| Return on Equity (%) | ▲ | 11.34% | +2.85 | 8.49% |
| Net Interest Margin (%) | ▲ | 3.05% | +0.44 | 2.61% |
| Efficiency Ratio (%) | ▲ | 76.78% | -5.49 | 82.27% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.36 | $1 |
| Cost of Funds (%) | ▲ | 1.18% | -0.24 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $386 | +28.41 | $357 |
| Gross Loans ($M) | ▲ | $206 | +5.65 | $200 |
| Loan Growth YoY (%) | ▼ | 56.43% | -2.23 | 58.67% |
| Total Deposits ($M) | ▲ | $363 | +23.37 | $339 |
| Shareholders Equity ($M) | ▲ | $22 | +4.94 | $17 |
| Tang. Book Value ($M) | ▲ | $22 | +4.94 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +4.26 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 56.43% | -2.23 | 58.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.04 | 0.45% |
| Allowance / Loans (%) | — | 0.53% | 0.00% | 0.52% |
| Net Charge-Off Ratio (%) | ▼ | 0.91% | +0.11 | 0.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.79% | +0.85 | 15.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▅▅▇█ | Net Interest Margin (%) | 2.23% | 2.30% | 2.51% | 2.61% | 2.67% | 2.74% | 2.92% | 3.05% |
| ▁▂▃▄▆▆▆█ | Return on Assets (%) | 0.16% | 0.22% | 0.34% | 0.38% | 0.48% | 0.51% | 0.52% | 0.65% |
| █▇▄▃▁▁▂▁ | Efficiency Ratio (%) | 93.5% | 89.5% | 84.4% | 82.3% | 78.7% | 78.0% | 80.7% | 76.8% |
| ▇█▅▅▄▄▂▁ | Cost of Funds (%) | 1.52% | 1.58% | 1.40% | 1.41% | 1.35% | 1.35% | 1.23% | 1.18% |
| ▅▃▁▁▆▁█▆ | NPA / Assets (%) | 0.48% | 0.46% | 0.45% | 0.45% | 0.49% | 0.45% | 0.51% | 0.49% |
| ▇▃▂▁▅▁██ | Net Charge-Off Ratio (%) | 0.91% | 0.84% | 0.82% | 0.80% | 0.87% | 0.82% | 0.93% | 0.91% |
| ▄▁▃▃▇███ | Tang. Book Value ($M) | $17 | $14 | $16 | $17 | $20 | $21 | $21 | $22 |
| ▁▁▂▅▇▆▇█ | Gross Loans ($M) | $193 | $194 | $196 | $200 | $203 | $201 | $203 | $206 |
| ▄▁▂▁▂▃▄█ | Total Deposits ($M) | $348 | $337 | $341 | $339 | $343 | $345 | $347 | $363 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 7% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 7% |