Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.13 | 1.13% |
| Return on Equity (%) | ▲ | 13.60% | +1.55 | 12.05% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.33 | 3.65% |
| Efficiency Ratio (%) | ▲ | 52.98% | -1.99 | 54.98% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.42 | $2 |
| Cost of Funds (%) | ▲ | 1.90% | -0.01 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $415 | +66.12 | $349 |
| Gross Loans ($M) | ▲ | $310 | +66.88 | $243 |
| Loan Growth YoY (%) | ▲ | 83.84% | +3.84 | 80.00% |
| Total Deposits ($M) | ▲ | $365 | +65.50 | $300 |
| Shareholders Equity ($M) | ▲ | $37 | +3.90 | $33 |
| Tang. Book Value ($M) | ▲ | $29 | +3.87 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.90 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 83.84% | +3.84 | 80.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.22% | -0.15% | 1.36% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.00% | +11.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆██ | Net Interest Margin (%) | 3.36% | 3.41% | 3.45% | 3.65% | 3.73% | 3.80% | 3.94% | 3.99% |
| ▁▁▁▅▅▇▇█ | Return on Assets (%) | 1.00% | 1.03% | 1.02% | 1.13% | 1.16% | 1.22% | 1.21% | 1.26% |
| █▇█▄▄▃▄▁ | Efficiency Ratio (%) | 57.2% | 56.5% | 56.9% | 55.0% | 54.9% | 54.1% | 54.8% | 53.0% |
| █▆▆▁▂▃▁▁ | Cost of Funds (%) | 2.07% | 2.02% | 2.01% | 1.91% | 1.92% | 1.96% | 1.90% | 1.90% |
| █████▇▁▁ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% |
| █████▁▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▄▅█▆█ | Tang. Book Value ($M) | $23 | $23 | $23 | $25 | $27 | $28 | $28 | $29 |
| ▁▁▁▂▃▅▇█ | Gross Loans ($M) | $231 | $229 | $239 | $243 | $255 | $275 | $291 | $310 |
| ▁▁▂▃▄▅▅█ | Total Deposits ($M) | $277 | $274 | $287 | $300 | $319 | $324 | $330 | $365 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 9% |