Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.83% | +0.22 | 1.61% |
| Return on Equity (%) | ▲ | 22.25% | +3.58 | 18.67% |
| Net Interest Margin (%) | ▼ | 4.86% | -0.04 | 4.90% |
| Efficiency Ratio (%) | ▲ | 42.14% | -3.40 | 45.54% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.74 | $3 |
| Cost of Funds (%) | ▼ | 2.12% | +0.40 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $581 | +169.28 | $412 |
| Gross Loans ($M) | ▲ | $456 | +161.62 | $294 |
| Loan Growth YoY (%) | ▲ | 84.92% | +7.44 | 77.48% |
| Total Deposits ($M) | ▲ | $530 | +155.59 | $375 |
| Shareholders Equity ($M) | ▲ | $48 | +12.46 | $36 |
| Tang. Book Value ($M) | ▲ | $48 | +12.46 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $51 | +11.90 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 84.92% | +7.44 | 77.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -1.56 | 2.09% |
| Allowance / Loans (%) | — | 1.11% | -0.07% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -1.38 | 1.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▃▅▅▂▁▅ | Net Interest Margin (%) | 5.22% | 5.13% | 4.75% | 4.90% | 4.91% | 4.66% | 4.48% | 4.86% |
| █▄▄▃▁▁▅▅ | Return on Assets (%) | 2.13% | 1.69% | 1.66% | 1.61% | 1.38% | 1.37% | 1.80% | 1.83% |
| ▅▆▇▅██▅▁ | Efficiency Ratio (%) | 46.1% | 46.7% | 47.5% | 45.5% | 48.4% | 48.9% | 46.1% | 42.1% |
| ▅▃▁▂▆▇▇█ | Cost of Funds (%) | 1.88% | 1.76% | 1.61% | 1.72% | 1.98% | 2.02% | 2.05% | 2.12% |
| ▁▆▅█▄▃▂▂ | NPA / Assets (%) | 0.10% | 1.50% | 1.28% | 2.09% | 0.95% | 0.70% | 0.52% | 0.53% |
| ▁▃▂█▁▄▁▁ | Net Charge-Off Ratio (%) | 0.16% | 0.43% | 0.38% | 1.57% | 0.13% | 0.79% | 0.05% | 0.18% |
| ▁▁▁▃▅▆▇█ | Tang. Book Value ($M) | $30 | $30 | $31 | $36 | $40 | $43 | $45 | $48 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $194 | $211 | $236 | $294 | $343 | $382 | $415 | $456 |
| ▁▁▃▃▅▇▇█ | Total Deposits ($M) | $283 | $296 | $350 | $375 | $426 | $481 | $497 | $530 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 2% |